Tariffs, which start Friday, range from 10 to 12.5 per cent and come after the U.S. Supreme Court earlier struck down some former tariffs
Category: Economy
Posted inPolitics & Policy
Canada cancels joint U.S. border bridge ceremony
Ottawa will hold its own Gordie Howe International Bridge ceremony after new U.S. tariffs derailed joint plans
Posted inEconomy
Trump orders new 50% tariff on many Canadian goods
New tariffs will impact goods that compliant with CUSMA and are set to take effect in 30 days, White House says
Posted inPolitics & Policy
France, Germany plan ‘roadmap’ to tackle China trade imbalances
Paris and Berlin seek a united approach to protect European industries from subsidized exports and an allegedly undervalued yuan
Posted inCommunity
The ‘precarity mindset’: Why fewer Canadians are giving to charities
A growing sense of economic ‘precarity’ is reshaping how and whether Canadians donate
Posted inEconomy
Canada’s central bank holds key rate steady, says economy improving
Canada’s central bank held rates steady as trade uncertainty eased and businesses adapted to U.S. tariffs
Posted inPolitics & Policy
Canada wants to close Mercosur deal before end of 2026
Canada aims to finalize a Mercosur trade agreement by the end of 2026 to reduce its reliance on the U.S.
Posted inEconomy
Iran conflict sends Canada inflation to two-year high
Canada’s inflation rises to a 29-month high in May as gasoline prices surge amid Iran conflict
Posted inPolitics & Policy
Head of Canada’s top bank says U.S. trade deal too crucial to ‘cancel’
RBC CEO Dave McKay says the CUSMA remains too important for Canada, Mexico and the United States to abandon
Posted inEconomy
Central bank holds key interest rate steady as Canadian economy struggles
The Bank of Canada keeps its key interest rate unchanged at 2.25 per cent amid economic uncertainty