11 h. ago High anxiety over softwood lumber despite tone change from U.S.: B.C. premier

British Columbia’s premier said Thursday he is encouraged to see a shifting tone in U.S. President Donald Trump’s talks with Canada, but concerns remain about how tariffs could devastate the province’s softwood lumber sector. Premier David Eby said at a media availability in Victoria that he will be travelling to Prince George in central B.C. […]

Other

41 h. ago Ottawa bookstores warn new Trump tariffs could 'devastate' market, force closures

Independent booksellers say proposed tariffs could empty shelves and drive up costs for readers, but one Ottawa publisher sees a chance to confront Canada’s U.S.-dominated book industry.

Economics

4 d. ago Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Trade and tariffs Trade with the United States is set to be front and centre this week with tariffs on auto imports into the U.S. expected to come into force. The auto industry has warned tariffs could be devastating […]

Economics

6 d. ago Pimco, TCW Snap Up Bonds Ditched by Multistrategy Hedge Funds

Pacific Investment Management Co., AllianceBernstein Holding LP and TCW Group Inc. seized on a buying opportunity after recent market volatility forced multistrategy hedge funds to offload risky corporate bonds.

Economics

8 d. ago New U.S. auto tariffs to devastate sector, raise consumer costs: industry

Canadian auto industry leaders say the latest tariffs announced today by U.S. President Donald Trump will raise the prices of cars for consumers and devastate the sector. “This is nuts,” said Flavio Volpe, president of the Automotive Parts Manufacturing Association. “It seems he’s bent on doing the things that he’s been warned will shut down […]

Economics

8 d. ago ‘THIS IS NUTS:’ New U.S. tariffs on auto sector to devastate industry, leaders say

Canadian auto industry leaders say the latest tariffs announced Wednesday by U.S. President Donald Trump will raise the prices of cars for consumers and devastate the sector. “This is nuts,” said Flavio Volpe, president of the Automotive Parts Manufacturing Association. “It seems he’s bent on doing the things that he’s been warned will shut down […]

Politics

8 d. ago Trudeau was warned about Trump’s trade plans before phone call: Briefing note

WASHINGTON — Then-prime minister Justin Trudeau went into his first phone call with a newly re-elected Donald Trump aware that the U.S. president likely was looking to reopen the Canada-U.S.-Mexico Agreement — just a few weeks before he first threatened devastating economy-wide tariffs. A briefing note prepared ahead of the phone conversation between Trudeau and […]

Politics

2 w. ago China’s seafood tariff now in effect — how will this affect B.C.?

The B.C. Seafood Alliance says a new tariff from China could devastate the multi-million-dollar geoduck clam export industry, which is built almost exclusively on Chinese markets.

Economics

2 w. ago B.C. geoduck clam exports facing devastation from Chinese tariffs on massive molluscs

VANCOUVER — Diversification has become a mantra for Canadian exporters in the new age of tariffs, but for harvesters of British Columbia’s geoduck clams, that’s a high hurdle, said BC Seafood Alliance executive director Christina Burridge. She said China buys 95 per cent of exports of the massive, meaty molluscs, which can weigh a couple […]

Economics

2 w. ago Ontario cities are removing U.S. flags from public buildings

The U.S. flag has become a divisive symbol in Canada, and multiple Ontario municipalities have begun removing the stars and stripes from public display.Mississauga Mayor Carolyn Parrish took to X on Saturday to announce that her city had started to remove U.S. flags, just the latest place in Ontario to distance itself from the U.S. under President Donald Trump in such a way."At the request of many, the City has begun to remove all American flags from sports arenas and locations along Lake Ontario, including the pier at Snug Harbour in Port Credit.  Oversized Canadian flags (15' x 30') are ordered and will be installed on all the poles at City Hall," wrote Parrish.Two other Ontario cities took swift action once sweeping 25 per cent tariffs were imposed by the U.S. government on March 4.In addition to tariffs and the expected devastating impact on the Canadian economy, U.S. threats of annexation have seemingly forced the hands of politicians, who are now taking symbolic...

Other

3 w. ago Multistrategy Hedge Funds’ Haven Appeal Tested Amid Trump Trade War

Multistrategy hedge funds are facing their biggest challenge since the early days of the pandemic amid a market selloff that’s forcing them to unwind crowded trades at a ferocious clip.

Economics

3 w. ago United Steelworkers union vows to fight back as Trump’s trade war now targets steel and aluminum jobs

TORONTO, March 11, 2025 (GLOBE NEWSWIRE) — The United Steelworkers union (USW) is denouncing the latest escalation in Donald Trump’s reckless trade war as the U.S. government imposes devastating 50% tariffs on U.S. imports of steel and aluminum from Canada. These measures, effective after midnight, threaten the existence of the Canadian steel industry and thousands […]

Society

4 w. ago Norway Plans Ukraine Aid Boost That Delivers Fighting Power Fast

Norway’s Prime Minister Jonas Gahr Store unveiled plans for a “substantial” boost to Ukraine aid after President Donald Trump paused all US military aid to the warn-torn nation.

Other

4 w. ago In Maine, gas price increases linked to Trump tariff on Canadian imports

HALIFAX — Experts are linking rising gasoline prices in the U.S. northeast to President Donald Trump’s tariffs on Canadian energy imports, but they warn the trend may also hurt Atlantic Canada’s energy producers. According to Canada’s consulate general in Boston, eight of every 10 cars on the road in New England use fuel from Canadian […]

Economics