60 h. ago Canada’s Carney Will Keep Tariffs Until US Commits to Free Trade

Canada will keep its trade retaliation in place until the US lifts its own tariffs and commits to free trade, said Mark Carney, who will succeed Justin Trudeau as Canada’s prime minister within days.

Economics

7 d. ago Trudeau says he won’t be a caretaker PM after Trump suggests he wants to ‘stay in power’

Speaking to reporters on Thursday in Ottawa, Trudeau said the phone call between him and Trump was 'colourful'

Politics

7 d. ago Trudeau says call with Trump was ’colourful’ and he wants tariffs lifted entirely

OTTAWA — One day after he had what he describes as a “colourful call” with U.S. President Donald Trump, Prime Minister Justin Trudeau continues to insist the Trump administration’s tariffs on Canada must be dropped. Speaking at an unrelated announcement in Ottawa, Trudeau says Canada will stand firm as long as the “unjustified” tariffs remain […]

Politics

8 d. ago Canada Won’t Scrap Tariffs Unless All US Levies Are Lifted, Official Says

Prime Minister Justin Trudeau is not open to lifting Canada’s full package of retaliatory tariffs if US President Donald Trump leaves any tariffs on Canada in place, according to a senior Canadian government official.

Economics

9 d. ago Stock markets already in freefall amid U.S. tariffs on Canada

Stock markets in the U.S. and Canada continue to fall as U.S. President Donald Trump followed through on threats to impose tariffs.On Sunday, U.S. President Donald Trump issued an executive order that lifted the 30-day pause on tariffs. U.S. Commerce Secretary Howard Lutnick said the U.S. will impose 25 per cent tariffs on Canada on Tuesday.The effect was felt instantly, sending ripples through North American stock markets on Monday.In Canada, BNN Bloomberg reports that the S&P/TSX Composite Index closed down 391.88 points, or 1.5 per cent. Barron's reports that the Dow fell by 780 points (or 1.8 per cent), the S&P 500 dropped by 2 per cent, and the Nasdaq Composite fell by 2.7.But there were steeper drops as stock markets opened on Tuesday morning.In Canada, the S&P/TSX Composite Index dropped 634 points or 2.54 per cent. The S&P 500 dropped 100.86 points, or 1.77 per cent. The Dow fell 755.31 points, or 1.75 per cent, while the Nasdaq Composite fell 271.46, or 1.42...

Economics

9 d. ago Trump’s Tariff War Will Hurt UK and Lift Prices, Reeves Says

A global trade war will damage UK growth and drive up inflation even if Donald Trump excludes Britain from the kind of tariffs he is imposing on China, Canada and Mexico, Chancellor of the Exchequer Rachel Reeves said.

Economics