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Canadian Prime Minister Mark Carney said that the 'biggest risk' to the nation's economy is United States President Donald ...
Canada is bracing for the fallout of President Donald Trump’s escalating trade war, with economists warning of spiking grocery prices, major job losses and even a potential recession if threatened ...
While the president has threatened to ratchet up duties against both in recent weeks, he has yet to take direct aim at them.
Ottawa says it has started a 25% tax on some vehicle imports from the US, retaliating against American measures.
Carney said the tariff’s will target all vehicles that are not compliant with the US-Mexico-Canada trade deals.
Canada is a major supplier of steel ... A full retaliation scenario, which includes reciprocal tariffs on U.S. products, would see prices increase by 1.2%. That would cost consumers $1,600 ...
Canadian Prime Minister Mark Carney said the tariff could raise up to C$8 billion, which would be used to help workers and companies affected by the Trump tariffs.
Just two days before the Bank of Canada decides on interest rates and forecasters are split on which way it will go.