17 h. ago Trump tariffs no match for ‘gravitational pull’ of U.S. market

Trade officials say the Canadian and American economies — for better or worse — are tied at the hip

Economics

60 h. ago Another Bank of Canada interest rate cut is on the way and here's what could happen

Amid times of economic uncertainty — an upcoming federal election and tense relations with the U.S. — Canadians are waiting for the next Bank of Canada (BoC) interest rate announcement.The central bank has made two 0.25 per cent cuts to its key interest rate so far this year, with the last one on March 12 bringing the rate to 2.75 per cent.That announcement came a week after U.S. President Donald Trump imposed a 25 per cent tariff on all Canadian goods, and Canada retaliated with counter-tariffs. The BoC claimed the Canadian economy entered the year in a "solid position," saying GDP showed robust growth, and inflation was finally close to the two per cent target.However, with economic aggression from the U.S., BoC officials predicted a slower pace of economic activity and increased inflationary pressures in Canada. The latter concern contributed to the decision to lower the policy rate by a quarter point.The last BoC update did not come with an extensive m...

Other

62 h. ago Carney, Poilievre in Montreal today as election campaign continues

OTTAWA — Liberal Leader Mark Carney and Conservative Leader Pierre Poilievre are both campaigning in Montreal today, days before the federal leaders take part in debates. Poilievre will hold a press conference in Montreal at 9 a.m. ET. Carney will make an announcement in Dorval, Que., at 10 a.m. ET. NDP leader Jagmeet Singh will […]

Politics

6 d. ago The EU will put tariff retaliation on hold for 90 days to match Trump’s pause

BRUSSELS (AP) — The European Union’s executive commission said Thursday it will put its retaliation measures against new U.S. tariffs on hold for 90 days to match President Donald Trump’s pause on his sweeping new tariffs and leave room for a negotiated solution. European Commission President Ursula von der Leyen said that the commission, which […]

Economics

7 d. ago China raises its retaliatory tariff on the U.S. to 84% as it vows to ’fight to the end’

BANGKOK (AP) — China again vowed to “fight to the end” Wednesday in an escalating trade war with the U.S. as it announced it would raise tariffs on American goods to 84% from Thursday. Beijing also added an array of countermeasures after U.S. President Donald Trump raised the total tariff on imports from China to […]

Economics

8 d. ago OFL sounds the alarm on Canada’s gender pay gap this Equal Pay Day

TORONTO, April 08, 2025 (GLOBE NEWSWIRE) — On Thursday, April 10, the Ontario Federation of Labour (OFL), in collaboration with the Equal Pay Coalition, will hold a press conference marking Equal Pay Day with an urgent call to confront Canada’s gender pay gap. Speakers will highlight the deepening economic inequality faced by women, the gendered […]

Other

9 d. ago Bombardier to Report First Quarter 2025 Financial Results and Hold Annual General Meeting of Shareholders on May 1st, 2025

MONTREAL, April 07, 2025 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) will publish its financial results for the first quarter of 2025 on May 1st, 2025. That same day, Bombardier will hold its Annual General Meeting of Shareholders (“Meeting”) in a virtual format. Financial results for the first quarter of 2025  Éric Martel, President and Chief […]

Events

1 week ago Manitoba premier says federal tariff retaliation is supported across the board

WINNIPEG — Manitoba Premier Wab Kinew says he and other provincial leaders are backing the federal government’s response to tariffs imposed by the United States. Kinew says there was broad consensus in a virtual meeting Thursday with Prime Minister Mark Carney after Carney said Canada will hit back with matching tariffs on vehicles imported from […]

Economics

1 week ago BREAKING: Prime Minister Mark Carney says Canada will match U.S. auto tariffs

OTTAWA — Prime Minister Mark Carney says Canada will match U.S. President Donald Trump’s 25 per cent auto tariffs with a levy on vehicles imported from the United States. Carney says the tariffs will hit all vehicles that do not comply with the Canada-U.S.-Mexico Agreement and any non-Canadian content in compliant vehicles, but they will […]

Politics

1 week ago Atlantic premiers hold the line on retaliatory measures, citing tariff uncertainty

Premiers in the Atlantic region say economic uncertainty remains even though Canada was left out of the latest round of global U.S. tariffs.

Economics

2 w. ago Federal party leaders continue campaigning as more Trump tariffs loom

OTTAWA — Party leaders are likely to receive questions about Canada-U.S. relations during their campaign stops today, a day before American President Donald Trump is expected to impose “reciprocal” tariffs by increasing U.S. duties to match the tax rates that other countries charge on imports. Tomorrow, Trump may also reinstate economy-wide tariffs on Canada and […]

Politics

2 w. ago Trump’s auto tariffs derail Carney’s federal election campaign plans

OTTAWA — Liberal Leader Mark Carney is back in Ottawa today to deal with the fallout of new auto tariffs announced by U.S. President Donald Trump. Speaking to reporters on Wednesday, Carney said he was suspending his campaign plans for the day and would return to Ottawa to hold a meeting of the Canada-U.S. cabinet […]

Politics