Murray Wood: Who's hot... and who's not
Every Friday, Murray Wood takes a look at the week's news and decides who's hot... and who's not. This week's list inclu...
The Canadian Chamber of Commerce says it isn’t alarmed after U.S. President Donald Trump announced he is halting trade talks with Canada over an ad campaign run by the Ontario government.
Chamber CEO Candace Laing says the trade talks are “3D chess,” and no one should lose sight of the bigger picture in negotiations with the U.S.
Read more:
- Carney: ‘We stand ready’ for Trump to resume trade talks
- Trump terminates trade talks with Canada because of tariff ads
- What did Reagan actually say about tariffs? Read the transcript of his 1987 address
Laing says every negotiation has ebbs and flows, but Canada still has a strong trade deal that supports both industry and massive investments in Canada.
Trump lashed out on social media Thursday over an ad campaign fielded by the Ontario government that features footage of former U.S. president Ronald Reagan saying tariffs damage economies.
Speaking on the tarmac of Ottawa’s airport ahead of a flight to Asia today, Prime Minister Mark Carney said Canada can’t control a “fundamentally changed” U.S. trade policy.
The Canadian Steel Producers Association says it will comment on the state of trade talks in the coming days and it continues to work with Ottawa toward a deal that supports the Canadian steel industry.
This report by The Canadian Press was first published Oct. 24, 2025.
