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News
CIBC commits $2B in funding for small- and medium-sized defence-related firms
2+ day, 19+ hour ago (124+ words) TORONTO — CIBC says it is committing $2 billion to support small- and medium-sized businesses in the defence industry and those with dual uses in the civilian sector. The lender says the funding is intended to help Canadian companies scale and strengthen…...
N.B. premier directing public institutions to stop buying American amid trade war
2+ day, 18+ hour ago (495+ words) FREDERICTON — New Brunswick Premier Susan Holt has ordered the province's public sector to stop buying American products when Canadian substitutes are available, saying the move is in response to the latest round of U.S. tariffs. As well, Holt announced Thursday…...
Ontario expands tariff support program eligibility in response to new U.S. actions
3+ day, 3+ hour ago (348+ words) TORONTO — Businesses affected by a new round of American tariffs and bans set to take effect later this month will be eligible for Ontario's support programs, Premier Doug Ford announced Thursday. U.S. President Donald Trump has announced that in response…...
The Latest on the escalating trade war between Canada and the United States
2+ day, 22+ hour ago (664+ words) OTTAWA — Canadian politicians are pushing back on U.S. President Donald Trump's executive orders limiting Canadian businesses' access to procurement contracts and deploying a new set of tariffs. The five new orders, which will take effect Sept. 29, will completely bar imports…...
$27.6B in Canada-U.S. retaliatory tariffs now in effect — what it means for prices, mortgages and your budget
3+ day, 1+ min ago (581+ words) U.S. Trade Representative Jamieson Greer says it's "a little unhinged" for Canadian leaders to call the country's tariff fight with Washington a war. "For us, it's business, it's economics," he told the Financial Times, pushing back on Prime Minister Mark Carney's…...
Newfoundland and Labrador to lead economic growth in 2026, Ontario to lag: report
3+ day, 1+ hour ago (218+ words) OTTAWA — A new report says Newfoundland and Labrador is expected to lead the country's economic growth for a second year in a row, driven by higher crude prices and offshore oil projects. Signal49 Research, previously the Conference Board of Canada, says…...
Carney's cabinet huddles in Banff as trade war intensifies
3+ day, 37+ min ago (318+ words) BANFF — As President Donald Trump's trade war intensifies, Prime Minister Mark Carney's cabinet is gathering for two days of closed-door meetings in the mountain resort town of Banff, Alta. Trump lashed out again Tuesday by signing executive orders to ban…...
Quebec party leaders talk tariffs, sovereignty in TV interviews
3+ day, 12+ hour ago (916+ words) MONTREAL — The trade war with the United States and Quebec sovereignty took centre stage as leaders of Quebec's five main parties appeared in back-to-back interviews on prime time television Wednesday evening. The agora of the legislature in Quebec City was…...
New U.S. tariffs, import bans unlikely to dent Canadian near-term growth: economists
3+ day, 20+ hour ago (673+ words) OTTAWA — New U.S. tariffs and trade restrictions on Canadian goods are unlikely to significantly affect Canadian economic growth in the near term, economists said Wednesday. Yet the latest escalation raises the risk of a more prolonged trade conflict, adding uncertainty…...
The Latest: Trump signs executive orders ramping up trade war with Ottawa
3+ day, 23+ hour ago (356+ words) OTTAWA — U.S. President Donald Trump on Tuesday signed new executive orders to retaliate after Canada imposed its latest set of counter tariffs on the United States. The five new orders, which will take effect later this month, will completely bar…...