National News
Quebec government set to announce response to U.S. tariffs today
By Canadian Press on March 4th, 2025
MONTREAL — Quebec Premier François Legault is holding a special meeting of his cabinet this morning before he announces his province’s response to the start to the trade war with the United States. Legault has said his government will launch a fund to give short-term financing to Quebec companies vulnerable to the tariffs that U.S. ... Read More »
Be the first to comment!S&P/TSX composite drops nearly 400 points in early trading, U.S. stocks also fall
By Canadian Press on March 4th, 2025
TORONTO — Canada’s main stock index dropped nearly 400 points in early trading, while U.S. markets also fell as the U.S. imposed broad tariffs on goods coming from Canada and Mexico. The move at the start of trading follows a drop in markets late-afternoon Monday after U.S. President Donald Trump confirmed the tariffs were coming. ... Read More »
Be the first to comment!S&P/TSX composite drops nearly 400 points in early trading, U.S. stocks also fall
By Canadian Press on March 4th, 2025
TORONTO — Canada’s main stock index dropped nearly 400 points in early trading, while U.S. markets also fell as the U.S. imposed broad tariffs on goods coming from Canada and Mexico. The move at the start of trading follows a drop in markets late-afternoon Monday after U.S. President Donald Trump confirmed the tariffs were coming. ... Read More »
Be the first to comment!Canadian recession looms this year if U.S. tariffs stay in place: economists
By Canadian Press on March 4th, 2025
TORONTO — Economists say the Canadian economy is poised to plunge into a recession this year if U.S. tariffs that took effect Tuesday morning remain in place. U.S. President Donald Trump’s executive order hitting Canada and Mexico with 25 per cent across-the-board tariffs, with a lower 10 per cent levy on Canadian energy, took effect ... Read More »
Be the first to comment!CP NewsAlert: S&P/TSX composite falls more than 300 points at start of trading
By Canadian Press on March 4th, 2025
TORONTO — Canada’s main stock index fell more than 300 points at the open as the U.S. imposed broad tariffs on goods coming from Canada and Mexico. The S&P/TSX composite was down 326.69 points at 24,674.88. More coming. Companies in this story: (TSX:GSPTSE, TSX:CADUSD) The Canadian Press... Read More »
Be the first to comment!Here’s the latest as the U.S. imposes tariffs on goods coming from Canada and Mexico
By Canadian Press on March 4th, 2025
OTTAWA — U.S. President Donald Trump has imposed tariffs on U.S. imports today coming from Canada and Mexico. The president’s executive order hitting Canada and Mexico with 25 per cent across-the-board tariffs, with a lower 10 per cent levy on Canadian energy, took effect at 12:01 a.m. ET. Here’s the latest news (all times Eastern): ... Read More »
Be the first to comment!In the news today: Deadline passes for Trump’s tariffs with no relent
By Canadian Press on March 4th, 2025
Here is a roundup of stories from The Canadian Press designed to bring you up to speed… Deadline passes for Trump’s tariffs with no relent Canadians are waking up to a new and uncertain reality after U.S. President Donald Trump’s deadline for economy-wide tariffs passed with no relent overnight, triggering a continental trade war. The ... Read More »
Be the first to comment!Border officer union cites staffing shortfalls as Trump proceeds with tariff threats
By Canadian Press on March 4th, 2025
OTTAWA — The federal union that represents Canada’s front-line customs and immigration officers says it’s worried about staffing levels at the Canada Border Services Agency as the country responds to U.S. President Donald Trump’s tariff threats. Trump’s executive order to implement 25 per cent tariffs on all Canadian products, with a lower 10 per cent ... Read More »
Be the first to comment!B.C. budget to buffer province against Trump’s ‘uncertainty and disorder’: minister
By Canadian Press on March 4th, 2025
VICTORIA — British Columbia’s finance minister is preparing to deliver a budget today that she says will brace the province against four years of “uncertainty and disorder” amid the U.S. presidency of Donald Trump. Brenda Bailey’s budget is being handed down on the same day that Trump says a 25 per cent U.S. tariff will ... Read More »
Be the first to comment!Quebec auto board ‘fiasco’ could be largest scandal since Charbonneau commission
By Canadian Press on March 4th, 2025
MONTREAL — The Quebec government is grappling with a controversy that could be the biggest political scandal in the province since the Charbonneau commission, which found deep corruption in the construction industry, observers say. The fiasco over the digital transformation of Quebec’s auto insurance board, involving half a billion dollars in cost overruns, has dominated ... Read More »
Be the first to comment!Deadline for Trump’s tariffs passes with no relent; Canada counters in response
By Canadian Press on March 3rd, 2025
WASHINGTON — Canadians will be waking up to a new and uncertain reality after U.S. President Donald Trump deadline for economy-wide tariffs passed with no relent overnight, triggering a continental trade war. The president’s executive order hitting Canada and Mexico with 25 per cent across-the-board tariffs, with a lower 10 per cent levy on Canadian ... Read More »
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