2 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

3 h. ago Flying in a trade war: Why some feel ‘betrayed,’ others look at moving to Canada

At the Halifax Stanfield International Airport, the tariff trade war between Canada and the U.S. is leaving flyers who travel between the two countries feeling very uneasy.

Economics

14 h. ago Bank of Canada Shows Inflation Will Shape Trade War Response

The Bank of Canada made clear that central banks around the world are fighting an entirely different war than the pandemic — but post-Covid inflation fears are haunting policymakers as they try to protect their economies from US President Donald Trump’s tariff barrage.

Economics

18 h. ago House hunting in a trade war? What Bank of Canada’s rate cut means for you

The Bank of Canada cut its benchmark rate by 25 basis points, bringing it down to 2.75 per cent. Experts say the outlook for the housing market remains hazy.

Economics

18 h. ago Interest rate cut to reduce the impact of trade war: CPA Canada’s chief economist

TORONTO, March 12, 2025 (GLOBE NEWSWIRE) — The Bank of Canada’s decision to cut its key interest rate aims at softening the impact of an escalating trade war with the U.S. as the Canadian economy begins to falter from its strong footing at the start of 2025. The trade uncertainty has spiked inflation expectations among […]

Economics

23 h. ago Canada hitting U.S. with $29.8B in reciprocal tariffs in response to steel and aluminum levies

Canada will be imposing 25 per cent reciprocal tariffs on $29.8 billion of American imports after levies on steel and aluminum went into effect

Economics

29 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 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

40 h. ago A timeline of Trump’s tariff threats and actions against Canada

Here are the key announcements and actions Trump has taken since he returned to the White House and launched his trade war with Canada, and how we got here.

Economics

44 h. ago Confused about tariff deadlines? Here’s what we know right now

OTTAWA — The trade war between the U.S. and Canada took another turn Tuesday as U.S. President Donald Trump vowed to double the tariff on steel and aluminum imports coming from Canada in response to Ontario’s surcharge on electricity exports. Trump said 50 per cent tariffs will be placed on Canadian steel and aluminum starting […]

Economics

44 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

45 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

45 h. ago Airline cuts promo of U.S. destinations as 'Canadians may view this negatively'

Porter Airlines said it's shifting its marketing focus and reducing promotions for its U.S. destinations.The airline, headquartered in Toronto and launched in 2006, currently flies to 16 cities in the U.S. However, with the uncertainty brought on by the U.S.-Canada trade war, Porter Airlines said it's cutting back on promoting its destinations in the U.S.In an email statement, a representative said, "We've scaled back marketing our U.S. destinations, as some Canadians may view this negatively."A quick look at the airline's social media reveals a shift in focus toward promoting domestic destinations in the past few weeks."We are at the point of the winter season when capacity transitions to summer schedules, where 75 per cent of our peak capacity is planned for domestic routes," they stated.In response to tariffs and U.S. President Donald Trump's comments about Canada becoming the 51st state, several Canadians have said they've cancelled their U.S. trips.Travel agency Flight Cen...

Other

48 h. ago Trade War to Force Bank of Canada to Cut Deeper, Economists Say

The trade battle between the US and Canada is prompting economists to predict the Bank of Canada will lower its policy interest rate to 2% this year, almost as low as before the Covid-19 pandemic.

Economics

48 h. ago Companies jumping on 'buy Canadian' bandwagon, but the patriotic wave can backfire

Canadian consumers are making concerted efforts to alter their shopping habits, which is why marketing experts are advising companies to think strategically before diving into the trend

Events

66 h. ago Toronto Pearson Airport recognized as one of the best in the world

Pearson International Airport in Toronto just earned the distinction of being the top high-volume airport in all of North America.Awarded each year by Airports Council International (ACI) World, a trade representative of airports worldwide, the Airport Service Quality (ASQ) awards for 2025 are here, and Pearson Airport has, once again, made the cut.It may come as a surprise, given Pearson's oft-bemoaned infrastructural issues, long lines and — oh yeah! — planes landing upside down on the runway, but according to ACI, they're actually among the top three airports serving over 40 million passangers a year.Joining Pearson in the largest-volume category are Dallas Fort Worth International Airport and Hartsfield-Jackson Atlanta International Airport, both in the United States.If you, like plenty of Canadians caught in the crosshairs of the on-again-off-again trade war between Canada and the United States, are planning to do more travel close to h...

Other

3 d. ago Bank of Canada expected to cut interest rate amid U.S. trade war

The Bank of Canada's interest rate announcement arrives on Wednesday in a cloud of uncertainty thanks to a shifting trade war with the United States.

Economics

3 d. ago CHARLEBOIS: Canada keeps losing at geopolitics, farmers pay the price

Canada has walked itself into an unnecessary trade war with the United States’ biggest geopolitical rival, China. The consequences are now clear: New retaliatory tariffs from China are directly targeting our farmers, affecting over $3 billion in agrifood commodities and products. These measures are a direct response to Canada’s decision to impose a 100% tariff […]

Politics

4 d. ago 'Anywhere but the U.S.': Businesses shift local amid tariff turmoil

'Doesn't matter if you're Liberal or Conservative or NDP or whatever ... you're Canadian first'

Economics

6 d. ago Trump’s trade war will last for ‘foreseeable future,’ Trudeau says

Prime Minister Justin Trudeau added that U.S. President Donald Trump's trade war will continue for the 'foreseeable future' but Canada will 'not back down.'

Politics