2 h. ago Asian Stocks Decline at Open as US Pressures China: Markets Wrap

Asian stocks started on a risk-off mood Tuesday after US President Donald Trump’s move to curb Chinese investments and proceed with tariffs on Canada and Mexico prompted investors to trim positions. A decline in US stocks at the end of trading also hurt sentiment.

Economics

2 h. ago Trump says tariffs on Canada, Mexico ‘on time’ for March 4 deadline

Canada could face sweeping tariffs of 25 per cent on goods and 10 per cent on energy exports, but President Donald Trump has postponed the tariffs before.

Economics

3 h. ago Tariffs on Canada and Mexico are going ahead ‘on schedule’ next week, Trump says

Trump's executive order to implement 25 per cent tariffs on all Canadian imports, with a lower 10 per cent levy on Canadian energy, was delayed until March 4

Economics

3 h. ago Trump Says Planned Tariffs on Canada, Mexico ‘Going Forward’

President Donald Trump said tariffs scheduled to hit Canada and Mexico next month were “on time” and “moving along very rapidly” following an initial delay, even as a US official cautioned the schedule could be less certain.

Economics

3 h. ago Trump says he’s moving forward with tariffs on Canada, Mexico next week

WASHINGTON — U.S. President Donald Trump said devastating duties on products from Canada and Mexico are coming next week after the levies were paused for a month. During a Monday news conference with French President Emmanuel Macron at the White House, Trump was asked whether he was moving ahead with tariffs against his country’s closest […]

Economics

5 h. ago Canada’s big banks to build reserves amid tariff uncertainty

The various banks have already been putting aside more funds to cover any souring loans due to continued high Canadian unemployment.

Economics

6 h. ago Tariff talk: What corporate Canada is saying during earnings season

As companies report their earnings for the latest quarter, they’ve fielded question after question from analysts about how they’re preparing for potential tariffs from the U.S. President Donald Trump has threatened sweeping tariffs on imports coming from Canada, and Ottawa has said it will retaliate with tariffs of its own if that happens. The two […]

Economics

8 h. ago Trump’s tariffs could pose problems for Canada’s hardware, chip makers

With tariffs still looming for Canada, various hardware and chip producers in the country are bracing for the potential impact and what it could mean for their businesses.

Economics

9 h. ago Canada Metal Processing Group announces steps to respond to U.S. tariff threats on steel sector

BROSSARD, Quebec, Feb. 24, 2025 (GLOBE NEWSWIRE) — Canada Metal Processing Group (MPG Canada) and its subsidiaries, Ivaco Rolling Mills, Sivaco, and Infasco, are announcing the difficult but necessary steps to respond to the current challenging market environment and the threat of incoming tariffs from the United States on steel and steel derivatives. These measures […]

Economics

52 h. ago ’Absurd and surreal’: Ukrainians in Alberta town hurt by Trump’s comments on war

VEGREVILLE, ALTA. — Yuliia Kalutska doesn’t have the will to talk about plans for her future. She says it’s because of rebukes this week of Ukrainian President Volodymyr Zelenskyy by U.S. President Donald Trump. Trump called the European leader a “dictator” and blamed Ukraine for starting the war. “It’s hard not to watch the news, […]

Other

3 d. ago Trump orders tariffs on digital service tax countries, including Canada

Trump's order directs his administration to consider responsive actions like tariffs to 'combat' digital service taxes imposed on U.S. tech companies by foreign countries.

Economics

3 d. ago Bank of Canada governor’s tariff warning: ‘There won’t be a bounceback’

Bank of Canada governor Tiff Macklem said the shock from U.S. tariffs would be very different from the economic downturn caused by the COVID-19 pandemic.

Politics

3 d. ago Central bank has limited tools to mitigate trade war: Tiff Macklem

MISSISSAUGA, ONT. — Bank of Canada governor Tiff Macklem says the central bank doesn’t have a lot of tools in its toolbox to mitigate the devastating effects tariffs would have on the economy. In prepared remarks for a speech Friday, Macklem said if the U.S. imposes its threatened tariffs and Canada retaliates, Canadian economic growth […]

Economics

3 d. ago Trade war would wipe out economic growth while pushing inflation higher: Tiff Macklem

MISSISSAUGA, ONT. — U.S. tariffs and Canada’s retaliation to them would have a devastating effect on the economy, pulling growth down while reigniting inflation, said Bank of Canada governor Tiff Macklem. “A new crisis is on the horizon. If U.S. tariffs play out as threatened, the economic impact would be severe.” But unlike the inflation […]

Economics

3 d. ago Economists Trim Canada’s Growth Outlook as Tariff Threats Linger

Economists are trimming their estimates for Canada’s growth as the threat of a trade battle with the US is seen weighing on business investment.

Economics

3 d. ago How Trump’s tariffs could hurt Canada’s home construction industry

U.S. President Donald Trump postponed widespread tariffs on Canada, but Canadian homebuilders say the uncertainty of what could be imposed is creating issues.

Economics

3 d. ago Trade war: What do Americans think of their former best friends in Canada?

At a Tim Hortons in suburban New Jersey, most customers had never been to Canada and the word 'tariff' never came up

Economics

3 d. ago ‘No way Canada can win a trade war:’ John Manley shares some hard truths

Trump's tariff threats a 'really loud wakeup call' for Canada,' says former deputy prime minister

Economics

3 d. ago How Donald Trump’s tariff on pharmaceuticals could cause headaches for American patients and Canadian companies

Americans will feel the pain in their medicine chest when their antibiotics, vaccines, and prescriptions suddenly jump in cost by 25 per cent, said Mina Tadrous, an assistant professor at the University of Toronto’s Leslie Dan Faculty of Pharmacy

Economics

3 d. ago Could Canada legally challenge Trump’s tariffs? What to know

If U.S. President Donald Trump imposes tariffs on Canadian goods, experts say Canada has a strong case to challenge it under the Canada-U.S.-Mexico free trade agreement.

Economics