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S&P/TSX composite drops nearly 500 points, U.S. stocks also fall as tariffs start
By Canadian Press on March 4th, 2025
TORONTO — Canada’s main stock index fell nearly 500 points in early trading, while U.S. stock markets also tumbled, adding to their losses Monday after U.S. President Donald Trump confirmed tariffs on goods coming from Canada and Mexico. The S&P/TSX composite index was down 568.31 points or 2.3 per cent at 24,433.260 Monday morning after ... Read More »
Be the first to comment!S&P/TSX composite drops nearly 500 points, U.S. stocks also fall as tariffs start
By Canadian Press on March 4th, 2025
TORONTO — Canada’s main stock index fell nearly 500 points in early trading, while U.S. stock markets also tumbled, adding to their losses Monday after U.S. President Donald Trump confirmed tariffs on goods coming from Canada and Mexico. The S&P/TSX composite index was down 568.31 points or 2.3 per cent at 24,433.260 Monday morning after ... Read More »
Be the first to comment!S&P/TSX composite drops nearly 500 points, U.S. stocks also fall as tariffs start
By Canadian Press on March 4th, 2025
TORONTO — Canada’s main stock index fell nearly 500 points in early trading, while U.S. stock markets also tumbled, adding to their losses Monday after U.S. President Donald Trump confirmed tariffs on goods coming from Canada and Mexico. The S&P/TSX composite index was down 568.31 points or 2.3 per cent at 24,433.260 Monday morning after ... Read More »
Be the first to comment!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 »
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