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Scott Bessent, US treasury secretary, during a Bloomberg Television interview in New York, US, on Thursday, Feb. 20, 2025. Victor J. Blue | Bloomberg | Getty Images Treasury Secretary Scott Bessent on Thursday offered a full-throated defense of the White House’s position on tariffs, insisting that trade policy has to be about more than just…
Nova Scotia’s premier is hoping to build momentum on freeing up trade within Canada, as the country deals with the economic stress caused by tariffs imposed by U.S. President Donald Trump. Tim Houston told reporters Wednesday that while the country’s premiers acknowledge internal trade barriers have to come down, he was “less than impressed” with…
Alberta Premier Danielle Smith has issued a scathing indictment of U.S. President Donald Trump’s decision to impose sweeping tariffs on Canadian imports. Smith, speaking at a news conference in Medicine Hat, Alberta on Wednesday, has also outlined a series of steps the provincial government will be taking to respond to Trump’s tariffs and to attempt…
By Staff The Canadian Press Posted March 5, 2025 4:54 pm Updated March 5, 2025 4:56 pm 1 min read Descrease article font size Increase article font size The commissioner of the National Hockey League, Gary Bettman, said any negative effects on the Canadian dollar caused by the Donald Trump administration’s tariffs could be “painful”…
Beef industry groups say with 25 per cent U.S. tariffs on Canadian goods taking effect, they’re looking to diversify their export markets, process more domestically and push for improvements to government support programs. The cattle sector is tightly interwoven between Canada and the United States, with animals often raised here before being sent across the…
A person exits a Home Depot store in Midtown Manhattan on February 26, 2025 in New York City. Eduardo Munoz Alvarez | Corbis News | Getty Images Private sector job creation slowed to a crawl in February, fueling concerns of an economic slowdown, payrolls processing firm ADP reported Wednesday. Companies added just 77,000 new workers…
Canada is vowing to fight back against U.S. President Donald Trump’s sweeping tariffs that went into effect Tuesday, and potash could become a potent weapon in the growing trade war — but economists are urging caution. Potash is a key ingredient in fertilizer, and roughly 85 per cent of the supply used by American farmers…
A statement from fifth-generation rancher Reata Schlosser sums up her opposition to the possibility of coal mining in the eastern slopes of the Rocky Mountains in southeast Alberta. “It’s the most valuable resource in the entire world — we know there is a shortage of it in the world, and lucky to have the fresh…
Descrease article font size Increase article font size B.C. Premier David Eby said on Tuesday that the province is taking action against U.S. President Donald Trump’s tariffs of 25 per cent on all Canadian goods exported to the U.S. Eby said that along with pulling red state liquor from government store shelves immediately, the province…
United airplanes are seen at the Newark Liberty International Airport in Newark, Unitted States on July 16, 2024. Jakub Porzycki | Nurphoto | Getty Images U.S. airline stocks tumbled Tuesday to their lowest levels since late last year after data showed some economic concerns, hitting what had been a bright spot for consumer spending. The…
