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News
What the cement tariff reversal could teach Canada about dealing with Trump
1+ day, 17+ hour ago (744+ words) The United States dropping its 50 per cent tariff on Canadian cement may offer a lesson for other industries caught in the trade war, with pressure from U.S. businesses hurt by tariffs helping to make the case for relief, according to some…...
Manufacturers in 'eye of the storm' of tariff war
2+ day, 13+ hour ago (109+ words) Financial Post Manufacturers in 'eye of the storm' of tariff war Dennis Darby talks to FP about the real impacts already hitting Canadian manufacturers in the trade war. Donald Trump raises the stakes of the trade war with Canada Trump…...
RBC CEO hoping for a good long-term deal with the U.S., but Canadians showing resilience so far
3+ day, 12+ hour ago (762+ words) 'There's enormous benefit on both sides of the border,' said David McKay The head of Canada’s largest bank hopes Ottawa can eventually strike a long-term deal with Washington, as United States president Donald Trump escalated the ongoing trade war between…...
Posthaste: Tariff 'double whammy' headed straight for these Canadian businesses, report says
3+ day, 16+ hour ago (729+ words) Canada's manufacturing sector continues to be the most vulnerable to the escalating trade war Canadian sectors already reeling from United States tariffs now have to contend with a hit from Canadian counter-levies, possibly resulting in a “double tariff shock,” says…...
William Watson: We should not sign free trade???s death warrant
1+ week, 19+ hour ago (175+ words) It's not clear Americans favour Donald Trump's aggressive protectionism. We should hold out and wait for a new Congress to reassert itself The fallout from the failure of trade talks with the United States has made a number of things…...
A 50% tariff can't break parts of the U.S. dependence on Canadian cement
1+ week, 2+ day ago (1097+ words) For many U.S. businesses, the costs of tariffed Canadian cement and domestically sourced cement are essentially the same Mark Thompson’s concrete business in northern New York has almost exclusively relied on cement from Canada for nearly half a century. Jefferson Concrete…...
How pickup trucks took centre stage with consumers and the U.S.-Canada trade war
1+ week, 3+ day ago (1079+ words) General Motors Co. says it will spend $144 million so that its Oshawa, Ont. assembly plant can build more kinds of the vehicle that has emerged as a sore spot in Canada’s trade war with the United States: pickup trucks. Today,…...
Terence Corcoran: The economics of free trade are being lost in the fog of trade war
1+ week, 3+ day ago (633+ words) Let the market determine the future of Canada’s auto sector One of the best examples of the collapse of free trade theory is the never-ending campaign to shore up and protect the automobile industries. Trump wants production moved back to…...
Dominic Barton named chair of Invest in Canada after CEO resigns
1+ week, 4+ day ago (400+ words) 'In its new, more ambitious form, Invest in Canada will take on a more prominent role' The former Canadian ambassador to China Dominic Barton has been appointed as chair of Invest in Canada’s board of directors following the resignation of…...
It's time for Canadian income tax rates to match those of the U.S.
1+ week, 4+ day ago (884+ words) Kim Moody: Strong is a tax system that competes. Ours doesn’t, and pretending otherwise is the actual rupture. That’s the fix within our control My wife and I have some long-term friends who we get along with swimmingly, but we…...