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As Canada stares down U.S. President Donald Trump’s repeated threats of devastating tariffs, roughly half of Canadians and Americans believe their countries are in an economic recession right now, a new poll suggests. The results of the Leger survey — which polled both Canadians and Americans — suggest that Canadian and Americans hold many similar…
If there’s one sector in the Canadian economy that has faced the particular focus of U.S. President Donald Trump‘s tariff threats, it’s Canada’s auto industry. Trump has said that he wants to “make the cars in Detroit,” indicating that he wants to replace Canada’s industry with a fully domestic American car industry. But experts say…
By The Staff The Canadian Press Posted February 20, 2025 8:41 am 1 min read Descrease article font size Increase article font size The list of potential American tariffs that could affect Canada grew Wednesday night when U.S. President Donald Trump dropped the idea of a 25 per cent levy on lumber and forest products….
By The Staff The Canadian Press Posted February 20, 2025 8:56 am 1 min read Descrease article font size Increase article font size Loblaw Companies Ltd. reported its fourth-quarter profit fell compared with a year ago as it was hit by a non-cash charge related to its PC Optimum loyalty program due to higher member…
Friedrich Merz, Union candidate for chancellor and CDU federal chairman, joins the “Quadrell” TV round in the Bundestag election campaign. Michael Kappeler | Picture Alliance | Getty Images Friedrich Merz, migration hardliner and longtime rival of Angela Merkel, is expected to become Germany’s next chancellor. His party the Christian Democratic Union is leading polls alongside…
The Nova Scotia government has introduced a $17.6-billion budget that includes major tax cuts and a reserve fund to be used if the U.S. president makes good on his threat to impose tariffs. Finance Minister John Lohr is forecasting a deficit of $697.5 million for the 2025-26 fiscal year — a figure that could rise…
Descrease article font size Increase article font size LifeLabs says some of its B.C. facilities will begin to see “rotating temporary closures” after unionized workers in B.C. went on strike on Sunday. LifeLabs workers, represented by the B.C. General Employees Union (BCGEU), have been without a contract since last April. Members are pushing back against…
As tariffs dominate trade conversations between Canada and the United States, increasing interprovincial trade has been discussed as a way to navigate American threats.
SINGAPORE’S DISTINCTIVE BUDGET FRAMEWORK Besides transparency and accountability, an effective budget should be aligned with national priorities, including societal values and citizen aspirations. In particular, it should reflect a considered balance between the needs of current and future generations. Finally, the budget process should foster close coordination across public agencies in delivering the government’s agenda….
Foreign Affairs Minister Mélanie Joly says Canada is firmly opposed to having Russia reinstated in the G7 as U.S. President Donald Trump has suggested. During a news conference at an international security conference in Munich, Germany on Saturday, Joly was asked if she and her international colleagues discussed re-admitting Russia into the group. “No we…
