21 h. ago U.S. trade policies cast shadow of uncertainty over Canadian forestry industry

U.S. President Donald Trump’s shifting trade policies are creating uncertainty for the Canadian forestry industry. Sean McLaren, president and chief executive of West Fraser Timber Co. Ltd., says the potential inflationary effects of tariffs could weigh on future demand. “Looking forward, we see considerable macroeconomic uncertainty, particularly stemming from the U.S. administration’s evolving tariff policies,” […]

Economics

48 h. ago Canada, U.S. stock markets rally as economic uncertainty persists

The only prediction many Wall Street strategists are willing to make is that financial markets will continue to jerk up and down as hopes rise and fall over Trump's trade policies.

Economics

8 d. ago Bank of Canada holds key rate steady amid trade war, economic uncertainty

OTTAWA — The Bank of Canada left its benchmark interest rate unchanged Wednesday as it waits to get a clearer picture of how global trade uncertainty is going to impact the Canadian economy.  The central bank held its policy rate steady at 2.75 per cent, the first time it has left the key rate unchanged […]

Economics

8 d. ago World Trade Organization says global trade could slide this year because of Trump’s tariff policies

GENEVA — The World Trade Organization says the volume of trade in goods worldwide is likely to decrease by 0.2% this year due to U.S. President Donald Trump’s shifting tariff policies and a standoff with China, but it would take a more severe hit if Trump carries through on his toughest “reciprocal” tariffs. The decline […]

Economics

1 week ago ‘So Wrong’ Stock Forecasters Struggle to See Through Trade Chaos

Wall Street’s leading prognosticators have been humbled this year, with so many proven wrong about the damage President Donald Trump’s combative trade policies would do to the stock market.

Economics

1 week ago HANSON: Here are 10 tariff questions that are not being asked

1. Is this President Donald Trump’s so-called “trade war?” Many call the American effort to obtain either tariff parity or a reduction in the roughly $1-trillion trade deficit and 50 years of consecutive trade deficits a “trade war.” But then what do they call the policies of the past half-century by Europe, Asia, China and […]

Economics

1 week ago Lorne Gunter: Carney pauses Liberal campaign to avoid tough questions

On Thursday, Liberal Leader Mark Carney announced he was pausing his campaign for the third time so he could deal with the Trump trade tariffs. But Trump’s tariffs are the campaign. Without the chaos created by the deranged trade policies of the Madman of Washington, the Libs would still be a distant second in voter […]

Events

1 week ago Jack Mintz: Four big bangs that will get Canada growing again

The best response to tariffs is to get Canada growing, with smarter regulation, government and trade and tax policies

Other

1 week ago Mexico Aims to Raise Auto Tariff Exemptions, Trade Official Says

Mexico wants a greater proportion of each auto built in the country to qualify for US origin status, a move that would lower the impact of President Donald Trump’s tariff policies, Deputy Economy Minister for Foreign Trade Luis Rosendo Gutierrez said.

Economics

2 w. ago Some schools in Canada are putting U.S. field trips on hold amid trade war

There are disappointed students, anxious parents and cautious school officials in at least two Canadian school districts that have suspended or cancelled trips over political uncertainty in the United States. British Columbia’s largest school district in Surrey has put all its field trips down south on hold to prevent any “negative experiences at the border,” […]

Society

2 w. ago Dave Chappelle’s scorching prediction on Trump’s policies resurfaces amid trade war

An eerie take from Dave Chappelle has emerged as stock markets tumble, and tariffs and retaliations mount as U.S. President Donald Trump brought his trade war to the world. In 2017, the comedian joked about Trump’s handling of international relations, calling them “high people ideas.” On April 2, Trump placed a 34% increase on China […]

Economics

2 w. ago Struggling B.C. forestry sector gathers in Prince George as industry faces 'tough times'

The number of people employed in forestry, once one of B.C.'s largest  industries, has been cut in half since 2000, according to the forestry council.

Other

2 w. ago Trump hits the golf course as the stock market plummets for a second straight day over tariffs

WEST PALM BEACH, Fla. (AP) — Two days after sending the economy reeling by announcing widespread tariffs, President Donald Trump insisted his trade policies will never change as he remained ensconced in a bubble of wealth and power in Florida. He woke up on Friday morning at Mar-a-Lago, his private club in Palm Beach, and […]

Economics

2 w. ago Premier Scott Moe to speak to reporters about Saskatchewan’s response to U.S. tariffs

Moe's visit to Europe occurred as the Canadian economy continues to face uncertainty because of tariffs the U.S. has already imposed on some Canadian goods entering the U.S.

Economics

2 w. ago Latest U.S. tariffs hard to celebrate, but give time for talks: Alberta Premier Danielle Smith

“It's hard for me to celebrate,” Danielle Smith said Thursday in Calgary. She pointed to a “devastating” impact on the forestry industry, and for steel, aluminum and autoworkers.

Economics

3 w. ago RBA Sees Banks as Resilient to Chilling Effect of US Tariffs

US trade policies and nations’ responses to them could have a “chilling effect” on global business investment and household spending, though Australia’s financial system is well placed to weather such a storm, the Reserve Bank said in a half-yearly review.

Economics

3 w. ago Gold prices could keep climbing as Trump’s trade policies rock markets

Gold prices have been spiking as President Donald Trump's tariff policies have started an international trade war that's roiled financial markets.

Economics

3 w. ago Gold rises to another record as anxiety grips markets. Here’s what you need to know

NEW YORK (AP) — Markets around the world continue to sink on fears about President Donald Trump’s protectionist trade policies, and investors keep plowing money into gold, with futures hitting another record high Monday. Trump’s latest round of tariffs roll out Wednesday, which Trump has been calling “Liberation Day.” Interest in buying gold can rise […]

Sport

3 w. ago TSX down 400 points on Friday amid looming tariffs, inflation worries

Canadian and American markets tumbled Friday amid inflation worries and uncertainty over the scale and scope of the next round of U.S. tariffs set to kick in April 2. The S&P/TSX composite index was down 1.6 per cent, or 401.91 points, at 24,759.15. In New York, the Dow Jones industrial average finished down 715.80 points […]

Economics

4 w. ago RBC CEO Dave McKay says bank well positioned as tariffs create uncertainty

TORONTO — Royal Bank of Canada may see near-term headwinds that drive lower-than-expected performance, but the bank is well positioned amid the current economic uncertainty, chief executive Dave McKay said Thursday. Speaking at the big Canadian bank’s first investor day since June 2018, McKay said RBC has started to see some softening across some of […]

Economics