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Tag Archives:
Economy
'Elbows up': Canadians angry, defiant as U.S. tariffs take effect
HALIFAX - In downtown Vancouver, Sandra Mori walked out of a provincial liquor store on Tuesday with B.C. wine, and raised her elbow to the sky. "Elbows up," she said, referencing the common hockey te...
The Canadian Press
Mar 04, 2025
U.S. tariffs set to slow pace of homebuilding in Canada: CHBA
OTTAWA - Canada's building industry is warning that a trade war with the United States will slow down the pace of home construction. Canadian Home Builders' Association CEO Kevin Lee said in Ottawa on...
The Canadian Press
Mar 04, 2025
As Trump's trade war begins, his team links his tariff agenda to drug trafficking
WASHINGTON - As market turbulence rattled some Washington lawmakers, U.S. President Donald Trump's closest advisers fanned out to TV news programs Tuesday to claim a link between economywide tariffs o...
The Canadian Press
Mar 04, 2025
Manitoba pulls U.S. booze, offers tax deferrals to businesses in wake of tariffs
WINNIPEG - The Manitoba government offered tax deferrals to businesses and pulled American products from liquor stores Tuesday in response to tariffs imposed by U.S. President Donald Trump. Businesses...
The Canadian Press
Mar 04, 2025
Ontario rips up Starlink deal, plans to add energy surcharge in response to tariffs
TORONTO - Ontario will ban American companies from $30 billion worth of procurement contracts, rip up a $100-million Starlink deal and eradicate U.S. booze in its first wave of retaliations against U....
The Canadian Press
Mar 04, 2025
Quebec outlines tariff response focused more on financial aid, less on retaliation
MONTREAL - Promising to protect Quebecers against the "unjustified attack" of the Trump administration, Premier Franois Legault announced a response to the trade war focused largely on helping Quebec ...
The Canadian Press
Mar 04, 2025
S&P/TSX drops nearly 400 points in early trading, U.S. stocks also fall
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 s...
The Canadian Press
Mar 04, 2025
Canadian recession looms this year if U.S. tariffs stay in place: economists
TORONTO - Economists say Canada is poised to plunge into a recession this year if U.S. tariffs that took effect Tuesday remain in place. Canada's economic landscape "is set to change dramatically" bec...
The Canadian Press
Mar 04, 2025
Here's the latest as the U.S. imposes tariffs on goods from Canada, Mexico
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-boar...
The Canadian Press
Mar 04, 2025
Deadline for Trump tariffs passes with no relent, Canada counters in response
WASHINGTON - 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 trad...
The Canadian Press
Mar 04, 2025
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