National News
Bank of Canada set to make interest rate decision amid trade war
By Canadian Press on April 16th, 2025
OTTAWA — The Bank of Canada is set to make an interest rate decision today amid looming trade war impacts to the economy. The central bank cut its policy rate by a quarter point to 2.75 per cent at its most recent decision in March. Market bets were nearly evenly split between a rate hold ... Read More »
Be the first to comment!‘Cut them off’: Canadians angry, defiant as U.S. tariffs take effect
By Canadian Press on March 4th, 2025
HALIFAX — Canadians are remaining defiant in the face of punishing U.S. tariffs on Canadian goods, promising to use their wallets to fight the trade war launched on Tuesday by President Donald Trump. Hours after Trump imposed 25 per cent across-the-board tariffs on products from Canada, and a 10 per cent levy on energy, Haligonians ... Read More »
Be the first to comment!Quebec companies vulnerable to U.S. tariffs eligible for loans up to $50 million
By Canadian Press on March 4th, 2025
MONTREAL — Promising Quebecers to protect them against the “unjustified attack” of U.S. tariffs, Premier François Legault announced retaliatory measures on Tuesday and a program to offer vulnerable companies with up to $50 million in loans. Legault’s announcement came hours after U.S. President Donald Trump imposed 25 per cent across-the-board tariffs on Canadian goods, and ... Read More »
Be the first to comment!A closer look at Canadian efforts to address U.S. concerns about border security
By Canadian Press on March 4th, 2025
OTTAWA — The United States imposed sweeping tariffs Tuesday on Canadian products, claiming Canada has failed to adequately address the southbound flow of contraband drugs like fentanyl. Prime Minister Justin Trudeau dismissed the U.S. rationale as “completely bogus, completely unjustified, completely false.” “Our border is already safe and secure,” Trudeau told a news conference Tuesday. ... Read More »
Be the first to comment!Up to $50 million in loans for Quebec companies vulnerable to U.S. tariffs
By Canadian Press on March 4th, 2025
MONTREAL — Quebec Premier François Legault says companies vulnerable to U.S. tariffs can apply for loans up to $50 million. Legault announced the new loan program today, hours after U.S. President Donald Trump imposed 25 per cent across-the-board tariffs on Canadian goods, and a 10 per cent levy on energy products. The premier says the ... Read More »
Be the first to comment!Canada and U.S. stock markets fall for a second day after trade war launched
By Canadian Press on March 4th, 2025
TORONTO — North American stock markets fell for a second day as the U.S. imposed broad tariffs on imports from Canada and Mexico, triggering a continental trade war. The S&P/TSX composite index was down 380.80 points at 24,620.77 in early-afternoon trading, after U.S. President Donald Trump’s executive order implementing the tariffs took effect just after ... Read More »
Be the first to comment!Ottawa pauses preventive health task force amid review over breast cancer screening recommendations
By Canadian Press on March 4th, 2025
TORONTO — Federal Health Minister Mark Holland is temporarily suspending the work of the Canadian Task Force on Preventive Health Care, which has come under fire for not recommending breast cancer screening for women under 50. Last year Holland ordered an external review of the task force, which provides guidance for primary health-care providers, after ... Read More »
Be the first to comment!Turn tariffs to source of strength, Premier Eby says as provincial budget is released
By Canadian Press on March 4th, 2025
VICTORIA — British Columbia Premier David Eby interrupted the budget lockup today to outline some of the plans his government has to counter U.S. tariffs that threaten to upend the economy. Eby says his government will make sure that there is support in place for B.C. businesses to pivot to global and domestic markets. He ... Read More »
Be the first to comment!The trade war is on between Canada and the U.S. Here’s what you need to know
By Canadian Press on March 4th, 2025
TORONTO — A trade war between Canada and its largest trading partner has begun, with tariffs imposed by U.S. President Donald Trump now in effect and Prime Minister Justin Trudeau responding with a package of retaliatory tariffs. Stocks are tumbling, businesses are warning of impending layoffs and further measures from both countries are likely in ... Read More »
Be the first to comment!Key dates in the Canada-U.S. trade dispute as Trump launches trade war
By Canadian Press on March 4th, 2025
OTTAWA — 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 at 12:01 a.m. ET on Tuesday. Canada has responded with retaliatory tariffs, and markets are falling as investors brace for the economic impact that the ... Read More »
Be the first to comment!How Canadians are reacting to Donald Trump’s tariffs
By Canadian Press on March 4th, 2025
OTTAWA — U.S. President Donald Trump’s tariffs on Canada and Mexico kicked in at midnight, triggering a North American trade war. The president’s executive order to impose 25 per cent across-the-board tariffs, with a lower 10 per cent levy on Canadian energy, is now in effect. Canada is immediately imposing 25 per cent retaliatory tariffs ... Read More »
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