Mar 11 Trump ups planned tariffs on Canadian steel and aluminum to 50 percent By Josh Boak, Associated Press President Donald Trump says the increase of the tariffs set to take effect on Wednesday is a response to the price increases that the provincial government of Ontario put on electricity sold to the United States. Continue reading
Mar 10 Watch 7:12 Ontario premier explains why he’s slapping 25% surcharge on electricity to U.S. By Amna Nawaz, Stephanie Kotuby, Alexa Gold Markets plunged again as investors are worried about the economy and whether a recession is on the horizon. The trade war President Trump initiated with the country's top trading partners is a factor in the volatility. Ontario Premier Doug Ford… Continue watching
Mar 10 Canada’s next prime minister says transition will be quick By Rob Gillies, Associated Press Mark Carney, a two-time central bank chief, will become prime minister after the governing Liberal Party elected him its leader Sunday in a landslide vote… Continue reading
Mar 10 Ontario announces 25 percent tax increase on electricity exports to U.S. in response to Trump’s trade war By Rob Gillies, Associated Press Ontario provides electricity to Minnesota, New York and Michigan. Continue reading
Mar 10 Canada’s new leader has managed a financial crisis and Brexit, now will face Trump’s trade war By Rob Gillies, Associated Press Former central banker Mark Carney will become prime minister after the governing Liberal Party elected him its leader Sunday in a landside vote with 85.9 percent support. Continue reading
Mar 09 Mark Carney wins Liberal Party vote to replace Trudeau as Canada’s prime minister By Rob Gillies, Associated Press Former central banker Mark Carney will become Canada’s next prime minister after the governing Liberal Party elected him its leader Sunday as the country deals with U.S. President Donald Trump’s trade war and annexation threat, and a federal election looms. Continue reading
Mar 06 Watch 5:47 As Trump delays tariffs on Mexico and Canada, businesses brace for repercussions By Geoff Bennett, Jackson Hudgins President Trump has temporarily suspended new tariffs on most goods coming into the U.S. from Mexico and Canada, two days after he set them into motion. The delay gives both countries a one-month reprieve. But the beginnings of what seems… Continue watching
Mar 06 WATCH: Trump signs orders postponing some tariffs on imports from Mexico and Canada By Christopher Rugaber, Josh Boak, Associated Press President Donald Trump on Thursday postponed 25 percent tariffs on many imports from Mexico and some imports from Canada for a month amid widespread fears of the economic fallout from a broader trade war. Continue reading
Mar 06 Trudeau says trade war between Canada and U.S. expected for the ‘foreseeable future’ By Rob Gillies, Associated Press Prime Minister Justin Trudeau said Thursday he welcomed indications that the U.S. would delay substantial tariffs on Canadian products for a month, but said Canada’s plan to impose retaliatory tariffs would remain in place for now. Continue reading
Mar 06 For a second time, Trump delays tariffs on most goods from Mexico By Christopher Rugaber, Associated Press Trump's announcement comes after his Commerce Secretary, Howard Lutnick, said tariffs on both Canada and Mexico would "likely" be delayed. Continue reading