Daily News

Finance Source: Financialpost February 04, 2025

A trade war can have 'no winners': RBC chief calls on Canadians to unite

Canada needs to remove internal trade barriers and approve energy projects, says Dave McKay Get the latest from Naimul Karim straight to your inbox Sign Up A prolonged trade war with the United States can “severely impact” jobs and businesses on both...

Source: Financialpost February 03, 2025

Car Prices Face $3,000 Increase as Tariffs Hit Auto Sector

President Donald Trump’s tariffs against Canada and Mexico will threaten production at automakers across North America and send record vehicle prices even higher, with about a quarter of a trillion dollars in trade set to be disrupted.(Bloomberg) — Supply Li...

Source: Financialpost February 03, 2025

Canada slaps tariffs on hundreds of U.S. goods from meat and milk to carpets and curtains

Ottawa releases list of tariffs on $30 billion in goods to take effect TuesdayOTTAWA — Canada is imposing 25 per cent tariffs on hundreds of goods originating in the United States — from meat and milk to carpets and curtains. We apologize, but this video h...

Source: Financialpost February 03, 2025

Read the full text of Trump's executive order imposing tariffs on Canada

Trump claims Canada has played 'central role' in flow of illicit drugs into U.S.The White House release an executive order signed by U.S. President Donald Trump on Saturday imposing 25 per cent tariffs on Canadian goods and 10 per cent tariffs on Canadian en...

Source: Financialpost February 03, 2025

Tariff War Likely to Plunge Canada Into Recession

The Canadian economy is set to face the most severe shock since the Covid-19 pandemic and will probably sink into a recession if a tariff war persists, say top economists, with one calling it an “existential threat.”(Bloomberg) — The Canadian economy is set...

Source: Financialpost February 02, 2025

Trump signs executive order imposing 25 per cent tariffs on Canada starting Tuesday

Canadian energy to face 10 per cent tariff; orders reportedly include retaliation clauseUnited States President Donald Trump followed through on his threat to impose tariffs on imports from Canada on Saturday, signing executive orders that will enact a 25 pe...

Source: Financialpost February 02, 2025

Snowbirds rush to sell Florida homes as loonie tanks

Risk from natural disasters and cost of living increases are forcing Canadians to reconsider their winter getawayCesidia Cedrone has been soaking up the rays at her Florida condo every winter since 2011. We apologize, but this video has failed to load. Try...

Source: Financialpost February 02, 2025

Canada poised to fight back against Trump tariffs, rethink U.S. reliance

Freeland suggested hitting Elon Musk directly by applying a 100% tariff on TeslasCanada is set to introduce escalating retaliatory counter-tariffs to try to turn Americans against United States President Donald Trump’s 25 per cent levies on Canadian goods, a...

Economy Source: Financialpost February 02, 2025

Trump to slap Canada with 25% tariffs Tuesday, CP sources say

Trump is considering lowering tariffs on Canadian oil to 10%WASHINGTON — U.S. President Donald Trump will hit Canada with 25 per cent tariffs on Tuesday, with a lower 10 per cent duty for energy, government sources said — laying the foundation for a trade wa...

Source: Financialpost February 01, 2025

Trump Vows Tariffs to Hit Saturday With More in Coming Months

President Donald Trump said he would impose tariffs on a wide range of imports, including oil and metals, in the coming months, expanding his plans to enact sweeping trade levies well beyond those set to hit China, Canada and Mexico on Saturday.(Bloomberg) —...