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The EU retaliates against Trump's trade moves and slaps tariffs on produce from Republican states

The EU retaliates against Trump's trade moves and slaps tariffs on produce from Republican states

BRUSSELS (AP) — The European Union on Wednesday announced retaliatory trade action with new duties on U.S.
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Ship owner says arrested captain of cargo vessel involved in North Sea collision is Russian

Ship owner says arrested captain of cargo vessel involved in North Sea collision is Russian

LONDON (AP) — The captain of a cargo ship that collided with a U.S. tanker is a Russian national who remains in U.K. police custody, the vessel’s owner said Wednesday.
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Healthcare of Ontario Pension Plan earned 9.7% in 2024, net assets totalled $123B

Healthcare of Ontario Pension Plan earned 9.7% in 2024, net assets totalled $123B

TORONTO — The Healthcare of Ontario Pension Plan says it delivered a return of 9.7 per cent for its 2024 fiscal year. HOOPP says its net assets totalled $123 billion for the year ended Dec. 31, up from $112.6 billion in 2023.
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Cuts to U.S. weather agency will be felt in Canada — especially in hurricane season

Cuts to U.S. weather agency will be felt in Canada — especially in hurricane season

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Tariff war forcing N.B. to cut trade barriers, go into deficit in next week's budget

Tariff war forcing N.B. to cut trade barriers, go into deficit in next week's budget

FREDERICTON — Nearly seven years after the New Brunswick government went to the Supreme Court to prevent the free movement of alcohol across the country, Premier Susan Holt says the tariff war with the United States is forcing the province to rethink
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Trump called Canada a ‘tariff abuser.’ Does Ottawa mistreat American importers?

Trump called Canada a ‘tariff abuser.’ Does Ottawa mistreat American importers?

U.S. President Donald Trump continues to single out Canada as a bad trading partner, claiming in a recent social media post that his northern neighbour is a “tariff abuser” that charges high rates on American goods. The vast majority of U.S.
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Bank of Canada expected to cut benchmark rate to buffer economy against tariffs

Bank of Canada expected to cut benchmark rate to buffer economy against tariffs

OTTAWA — The Bank of Canada is expected to announce an interest rate cut today as a cloud of uncertainty looms over the Canadian economy. Economists polled by Reuters widely see the central bank lowering its key lending rate to 2.
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The pandemic bubble burst — but not for these Canadian companies

The pandemic bubble burst — but not for these Canadian companies

When the first spring of the COVID-19 pandemic neared, West Coast Seeds found itself scrambling to satisfy Canadians who had nowhere to go and little else to do than garden. "We noticed a huge escalation in sales — and I'm not talking 20 per cent.
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Trump's 25% tariffs on all steel and aluminum imports go into effect

Trump's 25% tariffs on all steel and aluminum imports go into effect

WASHINGTON (AP) — President Donald Trump officially increased tariffs on all steel and aluminum imports to 25% on Wednesday, promising that the taxes would help create U.S.
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Asian shares are mixed after Wall Street briefly dips more than 10% below its record

Asian shares are mixed after Wall Street briefly dips more than 10% below its record

TOKYO (AP) — Asian shares were mixed on Wednesday as investors weighed the impact of President Donald Trump’s tariffs after another day of losses on Wall Street. U.S. futures and oil prices were higher.
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