20 h. 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

69 h. ago CHARLEBOIS: Canola, pork and seafood burn while feds worship auto sector

While the threat of tariffs looms in theory for automakers, farmers are already living with their consequences

Events

2 d. ago FIRST READING: Mark Carney’s wildly unworkable plan for an ‘all

That's how the Canadian auto sector used to work, and the cars were both bad and wildly expensive

Transport

3 d. ago S&P/TSX composite unchanged, U.S. markets down after auto tariff announcement

TORONTO — Canada’s main stock index ended Thursday unchanged from a day earlier, while U.S. markets were down after U.S. President Donald Trump announced plans for auto tariffs. U.S. President Donald Trump announced on Wednesday new tariffs on the auto sector to start next week alongside other previously announced tariffs. Auto industry leaders have warned […]

Economics

3 d. ago Canada to Unveil Response to US Tariffs Next Week, Carney Says

Prime Minister Mark Carney says Canada will fight back against President Donald Trump’s trade war and his tariffs on the auto sector, but he did not outline any new retaliatory measures against the US on Thursday.

Economics

3 d. ago Canada’s auto sector braces for ‘chaos and damage’ from Trump tariffs

Canadian industry groups have slammed Trump's latest set of tariffs, which will see a 25 per cent tariff imposed on foreign-made cars.

Economics

3 d. ago Latest U.S. auto tariffs major concern for heavily integrated North American sector

The auto industry is sounding the alarm about U.S. President Donald Trump’s latest tariff announcement. Trump announced Wednesday he would impose 25 per cent tariffs on auto imports to the U.S., set to take effect next week. He also said the Detroit Three automakers have to move their parts divisions back to the U.S. Flavio […]

Politics

4 d. ago Carney Faces New Test as He Plots Response to US Auto Tariffs

Canadian Prime Minister Mark Carney said new US tariffs on cars and light trucks are a “direct attack” on workers in the auto sector as he prepared to return to Ottawa to plan the government’s response with members of his cabinet.

Economics

4 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

4 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

4 d. ago Trump’s auto tariffs a ‘direct attack,’ Carney says as leaders react

U.S. President Donald Trump has announced he is putting a 25 per cent tariff on all vehicles made outside the country starting April 2.

Politics

4 d. ago Carney pledges ‘all in Canada’ auto network amid tariff threats

Liberal Leader Mark Carney unveiled his party’s plan for the country’s auto sector, which will create a $2-billion 'strategic response fund.'

Economics

6 d. ago Possible softening of April 2 tariffs ’zero comfort’ for auto sector

Just over a week before new U.S. tariffs are expected to come into force, the head of Canada’s auto parts manufacturing association says he’s not optimistic any meaningful reprieve is in the works.  “Until a tariff comes into effect and it affects the U.S. economy … I’m not confident that anybody is going to be […]

Economics

9 d. ago Statistics Canada says retail sales down in January as shoppers reined in spending

OTTAWA — Retail sales fell 0.6 per cent to $69.4 billion in January as sales in the auto sector moved lower, Statistics Canada said. “Consumers tightened their belts to start the year with retail sales retreating more than expected in January after a strong showing in December,” said TD economist Maria Solovieva in a note. […]

Economics

9 d. ago Statistics Canada says retail sales down 0.6 per cent in January at $69.4B

OTTAWA — Statistics Canada says retail sales fell 0.6 per cent to $69.4 billion in January as sales in the auto sector moved lower. The agency says sales at motor vehicle and parts dealers dropped 2.6 per cent for the month as sales at new car dealers fell 3.2 per cent and automotive parts, accessories […]

Economics

1 week 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 Trump’s tariff ‘chaos’ keeps auto sector ‘on hold,’ union says

U.S. President Donald Trump won't raise incoming steel and aluminum tariffs from 25 per cent to 50 per cent, but other planned tariffs in April are still fuelling uncertainty.

Economics

3 w. ago LILLEY UNLEASHED: Tariff turmoil and fentanyl frenzy coming from the White House

WATCH as Sun political columnist Brian Lilley says he can’t make any sense of what is coming out of the White House from U.S. President Donald Trump. It seems to swing day to day with the tariff turmoil, from the fentanyl frenzy to the auto sector to taking a pause on tariffs for Mexico with […]

Economics

3 w. ago Tariffs on auto sector would cause shutdown: Martinrea executive chairman

TORONTO — If the U.S.’s tariffs are fully implemented and not withdrawn, the auto sector would “shut down,” said Rob Wildeboer, executive chairman and co-founder of auto supplier Martinrea International Inc. Most of the costs created by tariffs would not be borne by Martinrea directly, Wildeboer said, but the bigger issue is the effect they […]

Economics

3 w. ago Trump tariffs: London region auto sector braces for bad news

It's a matter of how bad the news will be for the London region auto sector because of U.S. tariffs, not whether it will be bad, many say

Economics