44 h. ago Trump’s ‘reciprocal’ tariffs threat brings further uncertainty to Canada

Many unknowns remain on the new policy, which Trump has taken to calling 'Liberation Day' for the U.S., including what rates the tariffs will be and whether they include Canada.

Economics

56 h. ago Threat of more Trump tariffs this week has B.C. businesses anxious and confused

Hundreds of daily calls flood Surrey import-export consultant from business owners worried about U.S. tariffs, which are to worsen on April 2

Economics

9 d. ago Trump’s Threat of ‘Secondary Tariffs’ Invents New Trade Weapon

President Donald Trump appeared to invent a new weapon of economic statecraft on Monday by threatening what he dubbed “secondary tariffs” on countries that buy oil from Venezuela to choke off its oil trade with other nations.

Economics

1 week ago Trump’s 200% tariff threat would be ’a real disaster’ for Europe’s wine industry

CHAMPAGNE, France (AP) — Across wine country in France, Italy and Spain one number is top of mind: 200%. That’s because last week U.S. President Donald Trump threatened a tariff of that amount on European wine, Champagne and other spirits if the European Union went ahead with retaliatory tariffs on some U.S. products. The top […]

Economics

2 w. ago New Brunswick forecasts $599M deficit as Trump tariff threat looms

$50-million contingency fund has caused New Brunswick’s projected deficit to balloon

Economics

2 w. ago Tariff uncertainty is affecting Canadian real estate and Ontario is hardest hit

While spring is typically the busiest time of the year to buy a home as more properties become available and competition increases, the housing market this season appears to be in a bit of a decline in Canada —and especially in Ontario — amid the ongoing trade war with the United States. According to a new report from the Canadian Real Estate Association (CREA), home sales in the country fell sharply from January to February, as many prospective home buyers chose to remain on the sidelines due to the threat of U.S. President Donald Trump's tariffs. Sales activity recorded over Canadian MLS Systems dropped 9.8 per cent month over month in February, marking the lowest level for home sales since November 2023, and the largest month-over-month decline in activity since May 2022. "The moment tariffs were first announced on January 20, a gap opened between home sales recorded this year and last. This trend continued to widen throughout February, leadin...

Economics

2 w. ago Amid Trump tariff threat, Carney leaves for France, U.K. visit

After meeting French President Emmanuel Macron, Canadian Prime Minister Mark Carney will travel to London to meet with King Charles III and British Prime Minister Kier Starmer.

Economics

2 w. ago TSX, U.S. markets continue to sell off Thursday after latest Trump tariff threat

TORONTO — Canadian and U.S. markets continued their sell-off Thursday as U.S. President Donald Trump’s tariff streak continued, taking the S&P 500 into its first correction since 2023. A correction is when an index falls more than 10 per cent below its record, which the S&P 500 did as it fell 1.4 per cent, down […]

Economics

3 w. ago Trump’s $1.4 Trillion Tariff Threat Spurs Companies to Seek Cover

Ozempic-maker Novo Nordisk A/S is planning to make more of its medicines for the US market in the country; Boeing Co. risks a gummed up supply chain and higher aircraft costs it may not be able to pass on; Chinese online retailer Shein Group Ltd. is offering incentives to its top apparel providers to set up new production capacity in Vietnam.

Economics

3 w. ago Why Trump Tariffs Are a Bigger Threat to Jeep Maker Stellantis

Stellantis NV Chairman John Elkann recently told investors that 2025 would be a period of stabilization. For the beleaguered automaker, it’s turning out to be anything but.

Economics

3 w. ago Trump’s escalating trade war looms over Bank of Canada rate announcement

Economists are expecting a further rate cut by the Bank of Canada on Wednesday as the threat of tariffs by U.S. President Donald Trump continues to loom over Canada.

Economics

3 w. ago Poilievre wants to impose 50% metal tariffs on U.S. after latest Trump threat

OTTAWA — Conservative Leader Pierre Poilievre says Canada should hit the U.S. with matching 50% tariffs on steel and aluminum in reply to U.S. President Donald Trump’s latest trade war escalation. Trump says he will double the steel and aluminum tariffs he promised to deploy on Canadian products tomorrow — to 50% — in response […]

Economics

3 w. ago Lorne Gunter: Donald Trump's latest tariffs threats a reflection of his delusion

In his own mind, Trump knows everything about everything. He cannot hear the truth from anyone else because he is deafened by the sound of his own voice filling his ears.

Economics

3 w. ago Donald Trump renews threat on autos, the London area's economic backbone

Donald Trump threatened to 'essentially, permanently shut down the automobile manufacturing business in Canada' with tariffs

Other

3 w. ago Trump’s temporary pause on some tariffs brings little relief to Canada

WASHINGTON — U.S. President Donald Trump’s stiff duties have been temporarily paused on some Canadian products, bringing little relief as the tariff threat continues to hang over America’s closest neighbour. Trump signed an executive order Thursday delaying tariffs on goods that meet the rules of origin requirements under the Canada-U.S.-Mexico Agreement, and lowering levies on […]

Economics

4 w. ago ‘Don’t take it out on the American people’: Ford joins calls not to boo U.S. anthem

A trade battle between Canada and the United States has been brewing since before President Donald Trump was sworn in with the threat of massive tariffs.

Other

4 w. ago B.C. to table budget amid ‘uncertainty and disorder’ of Trump tariff threat

The budget and fiscal plan will be about 'setting us up to succeed' regardless of the tariff situation, Finance Minister Brenda Bailey told reporters on Monday.

Economics