The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and said it was concerned that U.S. tariffs could stoke persistently high inflation. U.S. President Donald Trump is promising to impose a 25% tariff on all imports from Canada on Saturday.
Manitoba Premier Wab Kinew said the country will have to respond strongly if U.S. President Donald Trump follows through on a threat to slap a 25 per cent charge on Canadian goods.
The Icebreaker Collaboration Effort, or ICE Pact, between the United States, Canada and Finland is meant to pool new ship construction.
The Canadian stock market stands to benefit from the expected election this year of a Conservative government that favors business-friendly economic policies and that could help reduce trade uncertainty with the United States,
ABOARD AIR FORCE ONE — President Donald Trump hasn’t been shy about sharing his thoughts since taking office, and he added a 20-minute Q&A with reporters aboard Air Force One to the mix. He held forth on everything from the color of the presidential plane to the fate of TikTok, Greenland and Canada.
United States President Donald J. Trump’s barrage of anti-immigrant policies has garnered worldwide attention, but Canada is taking a dark turn of its own.
The majority of Canada’s oil exports, largely produced in Alberta, go to the United States. And Alberta Premier Danielle Smith has flatly refused to entertain the option of cutting off that supply to American refineries if Trump slaps a 25-per-cent tariff on all Canadian goods, including gas and oil.
President Trump’s likening of America’s northern neighbor to Mexico fails to compute.
Canadian Conservative Party leader Pierre Poilievre locked horns with an interviewer who asked him to comment on a recent executive order from President Donald Trump.
It is now a weapon being used against us.” Trump’s skepticism about U.S. support for Ukraine and Taiwan, his eagerness to impose tariffs, and his threats to retake the Panama Canal, absorb Canada, and acquire Greenland make it clear that he envisions a return to nineteenth-century power politics and spheres of interest,
Roger W. Ferguson, Jr., is the Steven A. Tananbaum Distinguished Fellow for International Economics at the Council on Foreign Relations.