80 m. ago Ottawa councillor warns U.S. mayors of the costs of Trump's trade war

In Washington D.C., Coun. Tim Tierney made clear the costs to American municipalities of tariffs to U.S. mayors.

Economics

3 h. ago U.S. tariffs push Ottawa to invest more in Canadian steel, aluminum projects

OTTAWA — Industry Minister Francois-Philippe Champagne directed his department on Wednesday to prioritize investments in projects that primarily use Canadian steel and aluminum — part of Ottawa’s reply to the Trump administration’s trade war. Champagne said the move is in response to the “unfair and unjustified” 25 per cent tariffs on steel and aluminum levied […]

Economics

7 h. ago Trump’s trade war looms over G7 foreign ministers meeting in Canada

A major foreign-policy summit is underway in Quebec Thursday, with the Liberals welcoming foreign ministers from the U.S., Europe and Japan.

Politics

9 h. ago Trump’s trade war in focus as ministers, Ford talk tariffs with U.S.

Finance Minister Dominic LeBlanc, Ambassador to the U.S. Kirsten Hillman and Ontario Premier Doug Ford are meeting with Howard Lutnick.

Economics

14 h. ago Asian shares decline despite rebound on Wall St as investors await next steps in trade wars

BANGKOK (AP) — Asian shares were mostly lower on Thursday despite a rebound on Wall Street fueled by an encouraging update on U.S. consumer prices. U.S. futures fell and oil prices were little changed. Chinese markets slipped as investors watched for the next steps in President Donald Trump’s trade war. Hong Kong’s Hang Seng index […]

Economics

26 h. ago Multistrategy Hedge Funds’ Haven Appeal Tested Amid Trump Trade War

Multistrategy hedge funds are facing their biggest challenge since the early days of the pandemic amid a market selloff that’s forcing them to unwind crowded trades at a ferocious clip.

Economics

30 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

35 h. ago In America’s ‘most Canadian town,’ Trump’s trade war wounds wallets and hearts

The tiny community of Point Roberts is a little bit of America, firmly fixed to British Columbia. It’s the result of a cartographic quirk, occupying the southern tip of the otherwise-Canadian Tsawwassen peninsula that is surrounded by water, but dangles south of the 49th parallel. The exclave gets water and electricity from Metro Vancouver and […]

Economics

35 h. 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

39 h. ago Trump’s Trade War Expands as Metal Tariffs Spur EU Retaliation

President Donald Trump’s 25% tariffs on steel and aluminum imports came into force Wednesday, triggering a reprisal from the European Union as the global trade war enters a new and risky phase.

Economics

45 h. ago Doug Ford, Donald Trump to talk as trade war ratchets up: 'Stop the bleeding'

Ontario Premier Doug Ford agreed Tuesday to suspend the province’s surcharge on electricity it exports to three states after a top American official extended an “olive branch” in the form of a meeting in Washington to talk free trade. Ford called Tuesday for cooler heads to prevail in the United States’ trade war against Canada, […]

Economics

47 h. 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

48 h. ago Ontario backs down on electricity surcharge after Trump threatens chaos

In yet another unanticipated pivot in the never-ending U.S.-Canada tariff saga, Ontario Premier Doug Ford has reneged on imposing a surcharge on electricity exported to neighbouring American states.After holding the retaliatory threat over Donald Trump's head as soon as the tariff talk shifted from the President's characteristic bravado into actual action, Ford properly enacted a 25 per cent tax on power sent to New York, Michigan and Minnesota on Monday, noting that it would add an extra $100 to the bills of 1.5 million homes and businesses and bring in hundreds of thousands of revenue to the province per day.Predictably, this threw Trump into a frenzy, prompting the reality star-turned-leader to announce an increase in tariffs on Canadian steel and aluminum on Tuesday — from 25 to a ridiculous 50 per cent."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 ad...

Other

49 h. ago United Steelworkers union vows to fight back as Trump’s trade war now targets steel and aluminum jobs

TORONTO, March 11, 2025 (GLOBE NEWSWIRE) — The United Steelworkers union (USW) is denouncing the latest escalation in Donald Trump’s reckless trade war as the U.S. government imposes devastating 50% tariffs on U.S. imports of steel and aluminum from Canada. These measures, effective after midnight, threaten the existence of the Canadian steel industry and thousands […]

Society

50 h. ago ‘Nobody wins a trade war’: Trump escalates tariffs in response to Ontario’s electricity surcharges

Raises total levy to 50 per cent on steel and aluminum, considered an untenable threshold for domestic producers

Economics

50 h. ago House GOP Moves to Block Potential Challenges to Trump Tariffs

House Republicans will move Tuesday to block Democrats from forcing a painful vote on Donald Trump’s tariffs as the president amps up the US trade war with Canada.

Economics

50 h. ago Canada faces a recession followed by ‘long, long recovery’ if 25% tariffs stick: Desjardins CEO

Watch: Guy Cormier talks about what could lie ahead for Canada in Donald Trump's trade war

Economics

3 d. ago Breaking: B.C. halts sales of all American liquor in retaliation to U.S. tariffs

The B.C. government is set to remove all American liquor from its store shelves immediately, in the ongoing tariff-trade war waged by U.S. President Donald Trump.

Economics

3 d. ago B.C. halts sales of all American liquor in retaliation to U.S. tariffs

The B.C. government is set to remove all American liquor from its store shelves immediately, in the ongoing tariff war waged by U.S. President Donald Trump.

Economics

3 d. 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