Production of the Jeep Compass will move from Brampton, Ont. to Illinois, ‘Canadian auto jobs are being sacrificed on the Trump altar,’ says UNIFOR president
Category: Economy
Posted inEconomy
Canada’s trade deficit widens in August due to decline in exports
The decline in exports is largely attributable to lower exports of raw gold to the United States, Statistics Canada said in a statement
Posted inPolitics & Policy
Trump talks up Canada trade deal chances with ‘world-class’ Carney
Carney says Canada and U.S. are focused on ‘building new opportunities’; Poilievre says Carney has ‘broken’ his promises
Posted inPolitics & Policy
Carney will meet Trump in Washington Tuesday on tariffs
Negotiations on CUSMA are still scheduled for next year; Poilievre criticizes Carney for not achieving a ‘single win’ with Trump
Posted inEconomy
Canada’s central bank cuts key lending rate citing Trump tariffs
Bank of Canada now says there is clear evidence that Trump’s tariffs are causing job losses in auto, steel and aluminum industries
Posted inEconomy
Innovation investment growth at 15-year-low: UN
Switzerland remains the most innovative country, with Sweden and the U.S. in second and third place; China is also in the top 10
Posted inConsumer
Lab-grown diamonds robbing southern Africa of riches
Diamonds brought Botswanan out of poverty – now the country’s looking to luxury tourism, medical cannabis and solar power to boost its economy
Posted inPolitics & Policy
Canadian economy shrinks 1.6% in Q2 as U.S. tariffs hit
Canada’s economy contracted sharply in the second quarter as exports fell due to U.S. President Donald Trump’s tariffs
Posted inConsumer
Who pays for Trump’s tariffs?
From cars to T-shirts to diapers to toys, here’s how the U.S. tariffs could impact how much you pay at checkout
Posted inCommentary
Op-Ed: Here’s why Taiwan matters to Canada
Canada’s ties with Taiwan are already strong. But Ottawa can and should do more to deepen its ties with this critical economy and democracy