3 h. ago Trump says U.S. tariffs on Canada will proceed and here's his full statement

U.S. President Donald Trump confirmed today that U.S. tariffs will be proceeding against Canada and they could start as early as next week. Trump responded to a reporter's question about tariffs during a joint press conference with French President Emmanuel Macron earlier today. The reporter had asked Trump if the tariffs would proceed or whether Mexico and Canada had "done enough on the border" to stop them from taking effect.🚨MAJOR BREAKINGDONALD TRUMP CONFIRMS THAT TARIFFS ON CANADA WILL "GO FORWARD. ON TIME"likely referring to the first week of MarchThis, after the Bank of Canada warned they had no tools to effectively deal with inflation AND a depression. pic.twitter.com/hMNAm5UEHr— Tablesalt 🇨🇦 (@Tablesalt13) February 24, 2025The announcement comes in the wake of the Bank of Canada warning that U.S. tariffs could have a "severe" impact on Canada's economy.Trump's full statement on U.S. tariffs on CanadaWe're on time with the tariffs, and it seems like that's moving...

Economics

7 h. ago Trump says tariffs on Canada, Mexico ‘on time’ for March 4 deadline

Canada could face sweeping tariffs of 25 per cent on goods and 10 per cent on energy exports, but President Donald Trump has postponed the tariffs before.

Economics

8 h. ago Tariffs on Canada and Mexico are going ahead ‘on schedule’ next week, Trump says

Trump's executive order to implement 25 per cent tariffs on all Canadian imports, with a lower 10 per cent levy on Canadian energy, was delayed until March 4

Economics

8 h. ago Trump Says Planned Tariffs on Canada, Mexico ‘Going Forward’

President Donald Trump said tariffs scheduled to hit Canada and Mexico next month were “on time” and “moving along very rapidly” following an initial delay, even as a US official cautioned the schedule could be less certain.

Economics

8 h. ago Trump says he’s moving forward with tariffs on Canada, Mexico next week

WASHINGTON — U.S. President Donald Trump said devastating duties on products from Canada and Mexico are coming next week after the levies were paused for a month. During a Monday news conference with French President Emmanuel Macron at the White House, Trump was asked whether he was moving ahead with tariffs against his country’s closest […]

Economics

10 h. ago Canada’s big banks to build reserves amid tariff uncertainty

The various banks have already been putting aside more funds to cover any souring loans due to continued high Canadian unemployment.

Economics

11 h. ago Tariff talk: What corporate Canada is saying during earnings season

As companies report their earnings for the latest quarter, they’ve fielded question after question from analysts about how they’re preparing for potential tariffs from the U.S. President Donald Trump has threatened sweeping tariffs on imports coming from Canada, and Ottawa has said it will retaliate with tariffs of its own if that happens. The two […]

Economics

13 h. ago Trump’s tariffs could pose problems for Canada’s hardware, chip makers

With tariffs still looming for Canada, various hardware and chip producers in the country are bracing for the potential impact and what it could mean for their businesses.

Economics

3 d. ago Trump orders tariffs on digital service tax countries, including Canada

Trump's order directs his administration to consider responsive actions like tariffs to 'combat' digital service taxes imposed on U.S. tech companies by foreign countries.

Economics

3 d. ago Bank of Canada governor’s tariff warning: ‘There won’t be a bounceback’

Bank of Canada governor Tiff Macklem said the shock from U.S. tariffs would be very different from the economic downturn caused by the COVID-19 pandemic.

Politics

3 d. ago How Trump’s tariffs could hurt Canada’s home construction industry

U.S. President Donald Trump postponed widespread tariffs on Canada, but Canadian homebuilders say the uncertainty of what could be imposed is creating issues.

Economics

3 d. ago ‘No way Canada can win a trade war:’ John Manley shares some hard truths

Trump's tariff threats a 'really loud wakeup call' for Canada,' says former deputy prime minister

Economics

3 d. ago How Donald Trump’s tariff on pharmaceuticals could cause headaches for American patients and Canadian companies

Americans will feel the pain in their medicine chest when their antibiotics, vaccines, and prescriptions suddenly jump in cost by 25 per cent, said Mina Tadrous, an assistant professor at the University of Toronto’s Leslie Dan Faculty of Pharmacy

Economics

3 d. ago Could Canada legally challenge Trump’s tariffs? What to know

If U.S. President Donald Trump imposes tariffs on Canadian goods, experts say Canada has a strong case to challenge it under the Canada-U.S.-Mexico free trade agreement.

Economics

4 d. ago ‘Welcome to the U.S.A., Canada’s 11th province’ sign hoisted outside Boston arena

Tensions were sky-high before the puck dropped in Boston to signal the start of the Canada-U.S. final at the 4 Nations Face-off. The ongoing tariff threats made against Canada by U.S. President Donald Trump played a massive role. What’s more, Trump has for weeks been threatening to turn Canada into America’s 51st state, telling just […]

Other

4 d. ago Canada Lists Cartels as Terrorists to Try to Avert Trump Tariffs

Canada is broadening its power to clamp down on cartels after the Trump administration used tariff threats to push for stronger curbs of the cross-border illegal drug trade.

Economics

5 d. ago Trump’s Canada Tariffs ‘Make No Sense’, Says Trade Minister Ng

President Donald Trump’s tariffs only make goods more expensive for Americans, said Canada’s Trade Minister Mary Ng, reiterating a vow to retaliate if the country’s largest trading partner goes forward with import duties.

Economics

6 d. ago Here in Washington, the Trump vs. Canada reality isn’t what we think: Full Comment podcast

The premiers blitzing the U.S. capital wasn’t the pointless fiasco reports made it out to be, and President Donald Trump’s plan for Canada may not really about tariffs or fentanyl. In this special episode, Brian Lilley reports from the ground in Washington, D.C., where he interviews Canadian provincial and business leaders who were there and […]

Other

7 d. ago Feds look at contract retaliation in response to Trump tariffs

U.S. President Donald Trump is threatening to impose steep tariffs on imports from Canada and other countries, with tariffs on Canadian steel and aluminum set to begin next month.

Economics