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The Bank of Canada held its benchmark interest rate at 2.75% as tariff uncertainty lingers, including President Donald Trump's latest increase to steel and aluminum tariffs.
Corporate Canada is in a state of paralysis. Business investment is being choked off by tariff chaos. And the country’s ...
When international trade in goods and international trade in services were combined, Canadian exports fell 8.6%, while imports declined 3.0%. As a result, Canada's trade deficit incorporating both ...
Roughly three months into his third consecutive majority mandate, Ontario Premier Doug Ford’s championing of Canada in its trade war with the U.S. has helped his star shine brighter. But a majority of ...
The deficit came in at Can$7.1 billion (US$5.2 billion), more than triple the previous month's figure in what Statistics Canada said "was the largest deficit on record." ...
The Canadian Press on MSN19h
Inflation volatility, tariff uncertainty keep Bank of Canada sidelinedThe unpredictability of the United States' trade war and signs of creeping inflation kept the Bank of Canada's interest rate ...
Global News on MSN12h
Canada's steel, aluminum industries worry Trump's tariff hike will 'accerelate market destruction'Pressure is mounting on Prime Minister Mark Carney to respond quickly to U.S. President Donald Trump's tariff hike on steel ...
19h
AFP on MSNCanada steelworkers urge Ottawa to counter TrumpCarney on Wednesday called Trump's decision to double steel and aluminum tariffs "unjustified" and "illegal" and promised ...
US tariffs on steel and aluminum doubled from 25% to 50%, a move cheered by the beleaguered American steel industry but ...
3hon MSN
The revised tariffs, which came into effect on June 4, raise duties on steel and aluminium imports from 25% to 50%.
The second consecutive hold was in line with market expectations. Officials say potential rate cuts are ahead if tariffs ...
Carney said Canada currently has counter-tariffs amounting to over $90 billion on U.S. imports, and said Canada will respond. “We are in intensive discussions right now with the Americans on the ...
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