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News
Trump serves as the punchline for U.S. late-night hosts as trade war with Canada escalates
4+ day, 5+ hour ago (340+ words) WASHINGTON – If you tune in to late-night talk shows, U.S. comedians are treating Donald Trump’s trade war with Canada as “comedy gold.” Jimmy Kimmel joked on ABC that while he was on vacation, the U.S. president has done “some…...
Tariff price hikes may take time to hit shelves as retailers work through inventory
4+ day, 14+ hour ago (218+ words) OTTAWA — Canada’s counter-tariffs on U.S. goods have spurred a fresh flood of retaliatory measures, but retail experts say there will be a short lag before shoppers see price increases on store shelves. Matt Poirier with the Retail Council of…...
Saskatchewan tax on American liquor kicks in for retailers amid trade standoff
5+ day, 18+ hour ago (288+ words) REGINA — Saskatchewan’s government is set to slap its retaliatory tax on American booze today amid the ongoing Canada-U.S. trade war. Saskatchewan Premier Scott Moe announced last month his province would implement the 50 per cent fee on American alcohol on…...
Carney set to announce 'historic investment' in Canadian manufacturing
1+ week, 3+ day ago (165+ words) THUNDER BAY — Prime Minister Mark Carney will travel to northern Ontario today for an announcement regarding Canadian manufacturing. Carney’s itinerary says he’ll make the announcement in Thunder Bay and that it will involve a “historic investment” in the sector. It…...
Most U.S. aluminum comes from Canada as industry says ‘good luck’ to tariff threats
2+ week, 4+ day ago (632+ words) Canada’s aluminum industry is not worried about U.S. tariffs continuing into the new year. While Canadian domestic producers will absorb the loss of U.S. business and find other customers, the U.S. will find it nearly impossible to replace its cheapest…...
Canadian dollar 'is no longer' a commodity and oil currency: McCormick – BNN Bloomberg
2+ week, 4+ day ago (124+ words) Canadian dollar 'is no longer' a commodity and oil currency: McCormick BNN Bloomberg Canadian dollar 'is no longer' a commodity and oil currency: McCormick Mark McCormick, chief FX strategist at BMO Economics, joins BNN Bloomberg to discuss the long-term outlook…...
‘They went to Texas’: B.C. business watches customers disappear over tariff uncertainty
2+ week, 5+ day ago (474+ words) DELTA, B.C. – For the management of a Metro Vancouver metal fabrication company, there have been sleepless nights over the last year and a half, along with rising costs and constant uncertainty. At Brenco in Delta, workers cut, bend and fabricate metal…...
Trade war: Business groups wary of counter-tariffs, aid package
2+ week, 5+ day ago (896+ words) Despite Ottawa unveiling an aid package for Canadian businesses affected by the trade war with the United States, industry leaders say the measures do not go far enough to help them stay afloat, especially in the wake of Canada’s new…...
How should government support Canadian steel workers? – BNN Bloomberg
2+ week, 5+ day ago (140+ words) How should government support Canadian steel workers? BNN Bloomberg How should government support Canadian steel workers? Meg Gingrich, Assistant to the national director at the United Steelworkers Union of Canada, joins BNN Bloomberg to discuss the U.S. tariffs on steel. Scotiabank…...
Shippers forced to delay loads as 50% tariffs jack up export costs
2+ week, 6+ day ago (197+ words) Canadian shippers are already facing holdups as they scramble to find the tariff money to get their goods across the border. Customs brokers say some manufacturers and exporters that had banked on hauling their cargo into the United States free…...