23 h. ago Bank of Canada cuts interest rate by quarter point, citing trade turmoil

Lending rate drops to 2.75% as Trump's tariff war shakes economy

Economics

24 h. ago Goldman Sachs Warns of Stress on Corporate America From Tariffs

Goldman Sachs Group Inc. is turning more cautious on US credit and equity markets, becoming the latest on Wall Street to sound the alarm as the world’s largest economy is battered by President Donald Trump’s escalating trade war.

Economics

42 h. ago Opinion: Alberta's trucking industry faces a rough road from tariffs

Donald Trump’s erratic tariff threats have thrown the North American economy into turmoil. While the U.S. president recently backed down somewhat by exempting goods that fall under USMCA for a month, it’s only a matter of time until he threatens the livelihoods of millions of Canadians with further measures. While his end game is unclear, […]

Transport

3 d. ago Treasuries Gain as Trump Transition Talk Fuels Recession Angst

Treasuries rallied as President Donald Trump’s comments on “a period of transition” for the US economy added to concern that a slowdown could be just around the corner.

Other

3 d. ago Trump Says US Economy Faces ‘Transition,’ Avoids Recession Call

President Donald Trump said the US economy faces “a period of transition,” deflecting concerns about the risks of a US slowdown as his early focus on tariffs and federal job cuts cause market turmoil.

Other

3 d. ago The Bond Market’s Trump Trade Is Looking Like a Recession Trade

Bond traders are signaling an increasing risk that the US economy will stall as President Donald Trump’s chaotic tariff rollouts and federal-workforce cuts threaten to further restrain the pace of growth.

Economics

5 d. ago Trump threatens Canada with tariffs on dairy and lumber ‘as early as today’

New duties would be part of reciprocal tariffs president has been proposing

Economics

6 d. ago Trump’s tariffs could flatten growth for U.S. economy, says RBC report

Economists at the Royal Bank of Canada have warned that while a full recession in the U.S. is unlikely, it could see an economic slowdown if Donald Trump's tariffs persist.

Economics

6 d. ago Trade deal architects say Trump’s tariffs ’blows a complete hole’ in agreement

Chief negotiators say the devastating duties essentially suspend the Canada-U.S.-Mexico Agreement

Economics

6 d. ago Lorne Gunter: Canada the 51st state? Never! And Trudeau should know better

Justin Trudeau told reporters Tuesday that U.S. President Donald Trump’s goal “is to destroy the Canadian economy so he can try to annex the country.” The prime minister is channelling his inner drama teacher again. That’s over the top. And it’s strategically foolish to so badly misinterpret your adversary’s goal. But it’s consistent with earlier […]

Politics

7 d. ago FIRST READING: How Trump’s trade war is blowing up in American’s faces

The stock market gains racked up following Trump's election are gone, and their once-booming economy is now shrinking

Economics

7 d. ago China slams US tariffs, says its economy is resilient but there are no winners in a trade war

China will not yield to bullying and its economy can weather higher tariffs imposed by U.S. President Donald Trump and other challenges, the Chinese commerce minister said Thursday, though he added that there are “no winners in a trade war.” Speaking on the sidelines of the annual session of China’s national congress, Wang Wentao reiterated […]

Economics

7 d. ago Canada gets wakeup call that world ‘unstable and dangerous place’

Down to Business podcast talks to a historian who says the world has to take Donald Trump seriously

Events

7 d. ago Doug Ford calls Trump tariffs 'craziest idea someone could come up with' on ABC News

As he continues to make media appearances representing the people of Canada, Ontario Premier Doug Ford is not mincing words when it comes to the newly-implemented U.S. tariffs on Canadian goods.After appealing to the American public on CNN Tuesday, the provincial leader spoke with ABC News today, maintaining his firm stance against the Trump administrations move to cripple the Canadian economy despite the two nations being such strong allies."I just do not understand. I think it's the craziest idea someone could ever come up with," Ford told ABC's Diane Macedo, detailing how the tariffs will be damaging to industries and individuals on both sides of the border."We look at the U.S. as our family. This is like a family member, just like we're the little brother or little sister, and it's been going on for 200 years, this incredible relationship. So he caught everyone off guard, to be very frank, and now we have to protect our country against a great ally."Here's wh...

Economics

8 d. ago U.S. tariffs could have devastating effects on real estate in Ontario

Even if you want to try and avert your gaze from the tariff talk that is dominating headlines this week, it is hard to ignore the reality of how ruinous the tolls will likely prove to be for Canada.Despite our various leaders' attempts to mimic Donald Trump's bombastic patriotism (including in the form of retaliatory levies), the damage to the Great White North's economy is already being felt. While sectors like the auto industry are among those hit hardest, there are also set to be huge impacts to the real estate market, among others.As Ontario Premier Doug Ford said during the initial countdown to tariffs last month, "the coming days and weeks will be incredibly difficult. Trump's tariffs are going to devastate our economy and will put up to 450,000 jobs at risk from every sector in every region. No one will be immune, everyone will feel the impact."Now that a 25 per cent tax has been added to virtually all goods Canada sends into the U.S. (...

Economics

8 d. ago Fed’s Williams Says Tariffs Will Likely Lead to Higher US Prices

Federal Reserve Bank of New York President John Williams said he anticipates tariffs will contribute to inflation, but emphasized there is a lot of uncertainty about how the economy will respond to President Donald Trump’s levies.

Economics

8 d. ago Wall Street Wonders When Trump Steps In as Stocks Keep Falling

As stocks traded near records despite threats from President Donald Trump’s trade policies, sticky inflation and a suddenly fragile economy, strategists theorized an invisible hand was at work: Trump’s.

Economics

9 d. ago Deadline for Trump’s tariffs passes with no relent; Canada counters in response

WASHINGTON — Canadians are waking up to a new and uncertain reality after U.S. President Donald Trump’s deadline for economy-wide tariffs passed with no relent overnight, triggering a continental trade war. The president’s executive order hitting Canada and Mexico with 25 per cent across-the-board tariffs, with a lower 10 per cent levy on Canadian energy, […]

Economics

9 d. ago Canadians wake up to new reality as Trump’s tariff deadline passes with no relent

Prime Minister Justin Trudeau says Canada will retaliate with counter-tariffs

Economics

9 d. ago Trump tariff shadow looms over economy on eve of B.C. budget

An economic earthquake in the form of U.S. tariffs could rock the province on the same day Finance Minister Brenda Bailey delivers her first budget in Victoria.

Economics