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Dreams do come true. U.S. President Donald Trump wished for Canada’s tax on U.S. tech companies to disappear on Friday, and by Sunday, it had. Mostly, there was a sense of surprise that the federal government would play such a valuable card this soon. The digital services tax (DST), which Ottawa was …
Read More »Eastern premiers look to U.S. governors as allies in Trump trade war
Five Canadian premiers, including Ontario’s Doug Ford, are in Boston on Monday at the invitation of some northeastern U.S. governors to try to forge alliances against Donald Trump’s tariffs. Ford is joined by fellow premiers Tim Houston of Nova Scotia, Susan Holt of New Brunswick, Rob Lantz of P.E.I. and …
Read More »Customs brokers are cross-border trade gurus. With tariff whiplash, they’re facing ‘toxic uncertainty’
The Sunday Magazine24:03Customs brokers are cross-border trade gurus. With tariff whiplash, they’re facing ‘toxic uncertainty’ Dan Patrick De Los Santos’s workday looks very different then it did a few months ago before the Trump administration tariffs upended trade — and his job description. Before the levies hit, De Los Santos …
Read More »Ontario signs deals with Saskatchewan, P.E.I. and Alberta to reduce trade barriers
Amid economic uncertainty in Canada due in part to U.S. tariffs, the Ontario government has reached agreements with Saskatchewan, Alberta and Prince Edward Island, with the aim of taking steps to reduce trade barriers among the provinces. Ontario Premier Doug Ford signed separate memorandums of understanding (MOU) with Saskatchewan Premier Scott Moe, …
Read More »Record-breaking cattle prices a lifeline for farmers facing inflation, trade tensions
Cattle prices have soared to what producers are calling record highs in 2025, offering long-awaited financial relief to Manitoba ranchers after years of stagnant returns and rising operational costs. Barry Lowes, a producer from McAuley in southwestern Manitoba, watched the Livestock Markets Association of Canada auction in Virden Friday, marking down prices in amazement …
Read More »Trade talks in two acts: Canada-U.S. poised to negotiate in stages
All signs point to Canada and the United States holding trade negotiations in two separate phases — with some now on immediate irritants, and the rest next year. The process is still taking shape. But the two-step idea is emerging in comments following this week’s meeting between Prime Minister Mark Carney …
Read More »China beefs up economic safeguards ahead of U.S. trade talks in Switzerland
China has announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump’s trade war, as the two sides prepare for talks later this week. Beijing’s central bank governor and other top financial officials outlined plans Wednesday to cut interest rates and reduce bank reserve requirements …
Read More »U.S. trade war risks Canadian progress on financial stability, says Bank of Canada
The financial picture for Canadian households and businesses was showing signs of increased health until the United States started a trade war, the Bank of Canada said on Thursday. The central bank says in its latest Financial Stability Report that at the start of the year, households had, on average, …
Read More »Trump agrees to cut tariffs on U.K. autos, steel and aluminum in planned trade deal
U.S. President Donald Trump has agreed to cut tariffs on U.K. autos, steel and aluminum in a planned trade deal with Britain, which would buy more American beef and streamline its customs process for goods from the United States. The symbolically resonant agreement still has yet to be finalized, but …
Read More »New Liberal government should scrap EV tariffs on China to help trade, climate goals, say critics
As Prime Minister Mark Carney is set to meet with U.S. President Donald Trump on Tuesday, the federal government has its work cut out for it following a tumultuous few months in domestic politics — not just on the tariff front with the U.S., but also with the world’s second-largest economy. …
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