45 h. ago Canada among Trump’s ‘friendly’ countries — for now — as tariff deadline looms

MONTREAL — Uncertainty reigns ahead of a looming U.S. tariff deadline next week, with businesses stuck in a holding pattern that has halted capital investment, hiring and financial forecasts at some firms amid a trade war where the next steps — and even who counts as a friend — remain foggy. U.S. President Donald Trump […]

Economics

49 h. ago Canada among Trump’s ‘friendly’ countries — for now — as next tariff deadline looms

MONTREAL — Uncertainty reigns ahead of a looming U.S. tariff deadline next week, with businesses stuck in a holding pattern that has halted capital investment, hiring and financial forecasts at some firms amid a trade war where the next steps — and even who counts as a friend — remain foggy. U.S. President Donald Trump […]

Economics

62 h. ago Why Canada is on Trump’s ‘Dirty 15’ tariff list but Russia and Iran are not

The label was introduced by Treasury Secretary Scott Bessent as part of a broader tariff policy aimed at addressing trade disparities with the U.S.

Economics

68 h. ago Trump says things will work out ‘very well’ with Canada but tariff threats remain

The call comes just days before 25 per cent tariffs levied by the U.S. on foreign-made vehicles and parts kick in

Economics

3 d. ago Trump threatens EU and Canada with more tariffs as U.S. official calls for calm

U.S. President Donald Trump escalated his tariff threats against Canada on Thursday — after a senior White House official cautioned Canadians to hold off on reacting to auto tariffs because relief could be on the way. Trump posted on social media that if “the European Union works with Canada in order to do economic harm […]

Economics

5 d. ago ‘Prepare for the worst,’ Carney says on plans as new Trump tariffs near

Prime Minister Mark Carney, who is campaigning as Liberal leader, was asked what Canada’s strategy should be ahead of Trump's tariff deadline on April 2.

Economics

1 week 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

1 week 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 Trump called Canada a ‘tariff abuser.’ Does Ottawa mistreat American importers?

U.S. President Donald Trump continues to single out Canada as a bad trading partner, claiming in a recent social media post that his northern neighbour is a “tariff abuser” that charges high rates on American goods. The vast majority of U.S. products are not subject to any tariffs under the terms of the North American […]

Economics

2 w. ago Eyes of other possible Trump tariff targets on Canada as it tests ways to fight back

The question is whether Canada has no choice but to embrace brinkmanship, or whether the less-friendly approach just provokes Trump into inflicting more damage

Economics

2 w. ago A timeline of Trump’s tariff threats and actions against Canada

Here are the key announcements and actions Trump has taken since he returned to the White House and launched his trade war with Canada, and how we got here.

Economics

2 w. ago Trump announces severe retaliation in response to Ontario tariffs on electricity

U.S. President Donald Trump announced further tariffs on Canada on Tuesday, imposed in response to Ontario Premier Doug Ford's 25 per cent tariffs on electricity supplied to the States.Trump took to his Truth Social platform on Tuesday morning, announcing that tariffs on Canadian steel and aluminum products coming into the U.S. would be doubled from 25 per cent to 50 per cent in response to Doug Ford's retaliation to U.S. tariff threats.Trump stated that "Based on Ontario, Canada, placing a 25 per cent Tariff on 'Electricity' coming into the United States, I have instructed my Secretary of Commerce to add an ADDITIONAL 25 per cent Tariff, to 50 per cent, on all STEEL and ALUMINUM COMING INTO THE UNITED STATES FROM CANADA, ONE OF THE HIGHEST TARIFFING NATIONS ANYWHERE IN THE WORLD.""This will go into effect TOMORROW MORNING, March 12th. Also, Canada must immediately drop their Anti-American Farmer Tariff of 250 per cent to 390 per cent on various U.S. dairy products, which has l...

Economics

2 w. ago Donald Trump threatens to double tariffs on Canadian steel and aluminum

Trump says 50 per cent tariffs will be placed on Canadian steel and aluminum on Wednesday

Economics

2 w. ago Trump threatens to double tariffs on Canadian steel and aluminum after Ontario electricity surcharge

The latest outburst from the American president appears to have been triggered by tariffs imposed by Ontario Premier Doug Ford

Economics

2 w. ago Doug Ford suspends electricity tariffs, will meet with Trump administration

The latest outburst from the American president appears to have been triggered by tariffs imposed by Ontario Premier Doug Ford

Politics

2 w. ago Trump calls Canada ‘tariff abuser’ after Ford slaps 25% surcharge on electricity going to U.S.

U.S. President Donald Trump railed against Canada in a social media post after Ontario Premier Doug Ford announced a 25% surcharge on electricity exported to the U.S. Trump’s post on Truth Social suggested Ford’s decision to increase the price of electricity flowing across the border is just the latest attempt by Canada to take advantage […]

Economics

2 w. ago The tariffs Canada is facing now: Get the latest developments in Trump’s complicated trade war

Every day there is a new twist in the tale. Financial Post brings you the latest news in live updates

Economics

3 w. ago B.C. farmers remain ‘resilient’ amid looming U.S. tariff threat

B.C. sends about $3.6 billion worth of agricultural products to the U.S. every year, with two of the biggest exports being farmed Atlantic salmon and blueberries.

Economics

3 w. ago Bell: The Trump tariff circus isn't leaving Canada alone any time soon

President Donald Trump swearing at Prime Minister Justin Trudeau over the phone, now who wouldn't want to be the fly on that wall?

Economics

3 w. ago Bell: Trump, Canada face off in the tariff circus and Trump blinks

President Donald Trump swearing at Prime Minister Justin Trudeau over the phone, now who wouldn't want to be the fly on that wall?

Economics