Daily News

Source: Financialpost February 03, 2025

Read the full text of Trump's executive order imposing tariffs on Canada

Trump claims Canada has played 'central role' in flow of illicit drugs into U.S.The White House release an executive order signed by U.S. President Donald Trump on Saturday imposing 25 per cent tariffs on Canadian goods and 10 per cent tariffs on Canadian en...

Source: Financialpost February 02, 2025

Trump signs executive order imposing 25 per cent tariffs on Canada starting Tuesday

Canadian energy to face 10 per cent tariff; orders reportedly include retaliation clauseUnited States President Donald Trump followed through on his threat to impose tariffs on imports from Canada on Saturday, signing executive orders that will enact a 25 pe...

Source: Financialpost February 02, 2025

Canada poised to fight back against Trump tariffs, rethink U.S. reliance

Freeland suggested hitting Elon Musk directly by applying a 100% tariff on TeslasCanada is set to introduce escalating retaliatory counter-tariffs to try to turn Americans against United States President Donald Trump’s 25 per cent levies on Canadian goods, a...

Economy Source: Financialpost February 02, 2025

Trump to slap Canada with 25% tariffs Tuesday, CP sources say

Trump is considering lowering tariffs on Canadian oil to 10%WASHINGTON — U.S. President Donald Trump will hit Canada with 25 per cent tariffs on Tuesday, with a lower 10 per cent duty for energy, government sources said — laying the foundation for a trade wa...

Source: Financialpost February 01, 2025

Trump Vows Tariffs to Hit Saturday With More in Coming Months

President Donald Trump said he would impose tariffs on a wide range of imports, including oil and metals, in the coming months, expanding his plans to enact sweeping trade levies well beyond those set to hit China, Canada and Mexico on Saturday.(Bloomberg) —...

Source: Financialpost February 01, 2025

Posthaste: Canadian dollar tanks, gold hits all-time high as Donald Trump vows tariffs tomorrow

Loonie falls below 69 cents U.S. and gold breaches US$2,800 We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canadian dollar tanks, gold hits all-time high as Donald T...

Source: Financialpost February 01, 2025

Canadian economy shrinks in biggest decline in a year

Early estimates suggest GDP gained momentum to close off the yearThe Canadian economy contracted by 0.2 per cent in November, the largest monthly decline in a year, Statistics Canada said on Friday. We apologize, but this video has failed to load. Try refr...

Economy Source: Financialpost February 01, 2025

Trump says he’ll place tariffs on Canada, Mexico and China on Saturday

U.S. president says he's considering a lower tariff rate of 10% on oilWASHINGTON — United States President Donald Trump said Friday he would place 25 per cent tariffs on imports from Canada and Mexico and 10 per cent tariffs on goods from China effective on...

Source: Financialpost January 31, 2025

Trump's 25% tariff vow sends Canadian dollar, Mexican peso tumbling

Currencies fall as U.S. president renews pledge to implement tariffs on Feb. 1President Donald Trump’s renewed pledges to slap 25 per cent tariffs on imports from Canada and Mexico on Feb. 1 jolted foreign exchange markets late in the New York trading sessio...

Source: Financialpost January 31, 2025

Variable mortgage rates catch up to fixed

Robert McLister: If Trump hurls a tariff thunderbolt at us this weekend, markets will have to rewrite their rate-cut timetablesFollowing our central bank’s latest quarter-point rate trim on Wednesday, Canada’s benchmark prime rate is down to 5.20 per cent. T...