Canada’s New Prime Minister Carney Plots Visit to France, UK
Mark Carney is making plans to visit France and the UK just days after he’s sworn in as Canada’s prime minister, according to a person familiar with the matter.
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Tariffs
Algoma Steel CEO sees ‘tremendous opportunity’ in steel plate amid trade war
The top executive of Algoma Steel says his company stands to benefit form increased pricing amid a trade war with the U.S., highlighting opportunities within the steel plate segment.
Canada ‘not thankful,’ says U.S. commerce secretary, as high-stakes talks in Washington underway. Trade war updates here.
A Canadian delegation will engage in talks with its U.S. counterparts in Washington today in an effort to turn down the temperature on the simmering trade war.
These companies say they’ve laid off workers in Canada because of tariffs
The global trade war sparked by U.S. tariffs has resulted in job losses in Canada.
Health groups urge shielding medical supplies, devices from counter-tariffs
Health associations are urging governments to ensure Canadian patients don’t get caught in the crossfire of the ongoing trade war with the U.S.
Canada needs to impose export bans, cut taxes amid trade war: Rosenberg
Canada took aim at the U.S. economy, hitting back with counter tariffs on U.S. products in retaliation to the 25 per cent tariffs on Canadian steel and aluminum.
Hit back or hunker down? The dilemma of responding to U.S. tariffs
Major US trading partners have offered a range of responses to President Donald Trump’s 25% tariffs on steel and aluminum imports, which took effect Wednesday. Most opted against immediate retaliation and many sounded ready to talk instead. Others took a more confrontational approach.
‘Seek concessions’: expert says U.S. looking for compromises amid steel, aluminum tariffs
As tariffs and countermeasures were placed on steel and aluminum products, one expert says the trade war is not likely to spur U.S. production of those materials and concessions offered by Canada could be a path to success.
Canada and the EU swiftly retaliate against Trump’s steel and aluminum tariffs
Major trade partners swiftly hit back at U.S. President Donald Trump’s increased tariffs on aluminum and steel imports, imposing stiff new taxes on U.S goods.
Canada hits U.S. with dollar-for-dollar retaliation for Trump’s steel and aluminum tariffs
Canada is levelling reciprocal dollar-for-dollar tariffs on U.S. steel and aluminum imports, in response to U.S. President Donald Trump’s 25 per cent tariffs on all steel and aluminum imports that came into effect today.
TSX rises, U.S. markets mixed after more tariffs take effect, BoC cuts rate
Canada’s main stock index ticked higher while U.S. markets were mixed in late-morning trading, after 25 per cent tariffs on U.S. imports of steel and aluminum.
Tariff uncertainty ‘reducing sentiment’ amid BoC cut: economist
Ongoing trade tensions with the U.S. could lead to lower growth and higher prices in the Canadian economy, according to one economist, potentially causing the Bank of Canada to move interest rates lower than it otherwise might have.
Takeaways on tariffs, jobs and more from the Bank of Canada interest rate decision
The Bank of Canada cut its key interest rate for the seventh time in a row on Wednesday, bringing it to 2.75 per cent.
Canada to impose 25% tariffs on US$29.8B in U.S. goods starting Thursday
The federal government will impose 25 per cent tariffs on U.S. goods worth $29.8 billion in retaliation for the 25 per cent tariffs on steel and aluminum.
S&P/TSX composite, U.S. stocks continue to fall amid North American trade tensions
Canada’s main stock index continued its losses Tuesday, while U.S. markets also fell as tariff tensions between the two countries mounted.
