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By Johnny James Global News Posted February 28, 2025 5:00 am Updated February 27, 2025 6:04 pm 1 min read Descrease article font size Increase article font size Don’t let the Irish name and decor fool you. O’Hickey’s Irish Pub in Fredericton is taking a stand for small Canadian businesses. Owner Jason Cooling says the…
Listen to article Bitcoin dropped below $80,000 on Friday as a broader cryptocurrency selloff erased $1 trillion from the market, raising concerns over a deeper downturn. The digital asset is now down nearly 25% from its all-time high of nearly $110,000 in December, with analysts warning of further declines. The decline follows a week-long rout in Bitcoin,…
If U.S. President Donald Trump imposes tariffs on Canadian goods as he’s repeatedly threated to do, experts say Canada has a strong case to challenge it under the Canada-U.S.-Mexico free trade agreement. The question, though, is how quickly any decision may come through the process — and more importantly, whether the U.S. would respect any…
The mayor of the border city of Windsor, Ont., says the potential for steep U.S. tariffs on Canadian goods could have a near “catastrophic” impact on the economy and jobs. Mayor Drew Dilkens told The West Block’s Mercedes Stephenson that such tariffs, which U.S. President Donald Trump has delayed until March, would impact many sectors important to…
LONDON: Britain published a major consultation for its steel industry on Sunday (Feb 16), weeks ahead of schedule due to President Donald Trump’s announcement of fresh tariffs on all steel imports into the United States. The “Plan for Steel” will look into issues facing the UK industry, such as high energy costs and “unfair trading…
Ms Yong Yik Wei, chief economist at the Ministry of Trade and Industry (MTI), was also asked about reciprocal tariffs by the US during a Friday morning briefing on the Economic Survey of Singapore. She said the impact should not be prejudged as the details have not been worked out. “The current sense is that…
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Calgary, Saint John, N.B. and Windsor, Ont. are the Canadian cities that would be hit the hardest by U.S. tariffs, says new research by the Canadian Chamber of Commerce. Using Statistics Canada trade data, the organization came up with a “U.S. Tariff Exposure Index” to look at the potential impact of threatened American tariffs on…
As U.S. President Donald Trump’s steel and aluminum tariffs begin, Canadian businesses are trying to prepare as best they can. “We’ll definitely notice the increase … our parts prices will go up,” said Kevin Fujita, a co-owner at CSN Kustom in Coaldale. He says his southern Alberta business will be impacted and unfortunately customers will…
“It’s not a tariff per se, it is an action of domestic policy,” Trump’s commerce secretary nominee Howard Lutnick told lawmakers at his confirmation hearing last month. “I don’t think anyone should be surprised about these tariffs or tariff threats,” said Christine McDaniel, a senior research fellow at the Mercatus Center. Trump “has been very…
