78 m. 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

4 h. ago TRUMP TARIFF WATCH: President says ” we are going to end up with a very good relationship with Canada”

WATCH BELOW as President Trump makes comments from the White House after a phone call with Prime Minister Mark Carney. What do YOU think? Tweet and Facebook us! And don’t forget to subscribe to our YouTube Channel. 

Economics

5 h. ago Bitcoin Options Show Traders Are Hedging Against Drop Back Below $80,000

Crypto traders are flocking to the options market to hedge against further price declines, as President Donald Trump’s planned tariff announcements next week keep financial market on edge.

Economics

6 h. ago Noted economist honoured by Trump warns that 25% tariffs risk ’irreparable damage’ to U.S. automakers

WASHINGTON — Noted economist Arthur Laffer warns in a new analysis that President Donald Trump’s 25% tariffs on auto imports could add $4,711 to the cost of a vehicle and says the proposed taxes could weaken the ability of U.S. automakers to compete with their foreign counterparts. In the 21-page analysis obtained by The Associated […]

Economics

7 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

9 h. ago Fewer Americans now see Canada as a close U.S. ally as Trump strains a longtime partnership

WASHINGTON — Americans are less likely to see Canada and the U.S. as close allies than they were two years ago, the latest indication that President Donald Trump’s tariff threats and talk of taking over a neighbouring ally are souring a critical economic and military relationship. The U.S. shift in viewpoint comes primarily from Democrats, […]

Culture

10 h. ago Companies now offering free therapy for Canadians stressing about Trump

It has been a tumultuous time for Canadians amid an ongoing cost-of-living crisis that has been exacerbated by the tariffs imposed by United States President Donald Trump.New data from Mental Health Research Canada (MHRC) suggests that nearly half (42 per cent) of Canadians are experiencing heightened anxiety, citing the Trump tariffs as one of the main triggers.According to the report, in 2024, there was a declining trend in the number of Canadians reporting negative mental health impacts due to economic conditions.However, the beginning of 2025 marked a sharp spike, with 42 per cent reporting the economic downturn is "negatively affecting" their mental health and 39 per cent of Canadians worried that they won't be able to pay their bills."Our data confirms that today's political and economic climate is fueling widespread stress and anxiety," said Akela Peoples, CEO of MHRC. "Failing to address the mental health toll of this instability could have long-term consequen...

Economics

11 h. ago Canada weighs response to Trump’s auto tariffs as Carney meets premiers

Carney, in his role as prime minister, will meet virtually with Canada's premiers Friday to discuss the country's response to Trump's latest duties.

Economics

13 h. ago Opinion: Trump’s reciprocal tariffs will be worse than you think

If you apply the template in the administration's memo last month, the rate could get to a toe-curling 35 to 40 per cent

Economics

18 h. ago Stock market today: Asian stocks skid as investors await more Trump tariffs

HONG KONG (AP) — Asian stocks were mostly lower Friday as investors mulled uncertainties brought by U.S. President Donald Trump’s latest tariffs. Tokyo’s benchmark Nikkei 225 sank 2.2% to 36,952.34 on renewed heavy selling of auto-related shares following Trump’s announcement he plans to impose 25% tariffs on auto imports. Toyota Motor Corp. shares lost 2.7% […]

Economics

20 h. ago Gold Rises to Record as Trade War Concerns Drive Haven Demand

Gold rose to a record as concerns about a widening trade war remained front of mind for investors, after President Donald Trump pushed ahead with US tariffs on all auto imports.

Economics

24 h. ago With more than 20,000 employed in the automotive sector here, about 10,000 of those jobs may be lost within weeks of the tariff being charged, said industry observers.

Trump tariffs poised to hammer Canada’s auto industry could slash the London region automotive workforce by half, as the cost of exports to the U.S. will spike, industry observers say. With more than 20,000 employed in the automotive sector here, about 10,000 jobs may be lost within weeks of tariffs being imposed, they said. That […]

Economics

26 h. ago S&P/TSX composite unchanged, U.S. markets down after auto tariff announcement

TORONTO — Canada’s main stock index ended Thursday unchanged from a day earlier, while U.S. markets were down after U.S. President Donald Trump announced plans for auto tariffs. U.S. President Donald Trump announced on Wednesday new tariffs on the auto sector to start next week alongside other previously announced tariffs. Auto industry leaders have warned […]

Economics

27 h. ago Canada’s ‘old relationship’ with U.S. ‘is over’ amid Trump tariffs: Carney

Carney promised to bring retaliatory measures and reduce internal trade barriers after Trump announced new auto tariffs that will begin next week.

Economics

27 h. ago Canada to Unveil Response to US Tariffs Next Week, Carney Says

Prime Minister Mark Carney says Canada will fight back against President Donald Trump’s trade war and his tariffs on the auto sector, but he did not outline any new retaliatory measures against the US on Thursday.

Economics

28 h. ago 85% of Canadian business leaders concerned Canada’s economy could slide into a recession: Léger poll

President Trump has threatened “far larger tariffs” if Canada unites with the E.U. to do “economic harm” to the U.S.

Politics

28 h. ago Latest U.S. auto tariffs a recipe for higher prices, layoffs across North America

TORONTO AND OSHAWA, ONT. — The auto industry is sounding the alarm about U.S. President Donald Trump’s latest tariff announcement, which could weigh on companies, raise consumer prices and result in job losses. Trump announced Wednesday he would impose 25 per cent tariffs on auto imports to the U.S., set to take effect next week. […]

Economics

28 h. ago Global automakers say Trump’s tariffs will be painful for them and US consumers

FRANKFURT, Germany (AP) — Whatever domestic economic gain comes from U.S. President Donald Trump’s new 25% tax on imported cars — and experts are skeptical — automakers around the world are bracing for a lot of pain. In Japan, South Korea, Mexico, Canada and across Europe, the world’s largest automakers employ millions of people whose […]

Economics

28 h. ago Canada’s auto sector braces for ‘chaos and damage’ from Trump tariffs

Canadian industry groups have slammed Trump's latest set of tariffs, which will see a 25 per cent tariff imposed on foreign-made cars.

Economics

29 h. 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