Canada

On Sunday, renowned economist and Obama-era Treasury Secretary Lawrence Summers criticized President Trump’s recent tariff impositions, describing them as a “bully strategy” that could have far-reaching negative impacts. What Happened: In a series of posts on X, Summers voiced his...

President Donald Trump has imposed hefty tariffs on the United States’ three largest trading partners: Canada, China and Mexico. What Happened: The tariffs imposed by Trump on Saturday include a 25% duty on all imports from Mexico and most goods from Canada, excluding energy-related items...

In an act of retaliation, Canada has announced plans to impose tariffs on American goods. This move comes in response to President Donald Trump‘s executive order that imposes a 25% tariff on most U.S. imports from Canada. What Happened: President Trump’s Saturday executive order levies...

President Donald Trump has confirmed that the U.S. will impose new tariffs on imports from Canada, Mexico, and China. The tariffs, set to take effect this Saturday, have already caused ripples in financial markets and raised concerns about economic impacts. What Happened: Trump declared on Friday...

President Donald Trump went through with his plans to impose a 25% tariff on imports from Mexico. This tariff, along with that on Canada (25%) and China (10%), goes into effect on Saturday. This move is expected to impact companies that rely heavily on Mexican car parts. Automakers such as General...

President Donald Trump is moving forward with a sweeping tariff plan targeting key U.S. trading partners, a move that is already rattling financial markets and drawing economic concerns. The White House confirmed Friday that new tariffs on imports from Canada, Mexico, and China will take effect...

Canada’s Foreign Minister Melanie Joly warned that proposed U.S. tariffs could force America to rely on Venezuelan oil imports, as tensions escalate ahead of President Donald Trump‘s planned 25% levy on Canadian goods starting Feb. 1. What Happened: In an interview with the Financial...

It was in the air, but now it's official. President Donald Trump confirmed Thursday the United States will impose 25% tariffs on imports from Canada and Mexico starting Saturday, Feb. 1. The move follows Trump's promise to impose tariffs due to concerns over illegal immigration, wide trade deficits...

Newmont Corporation (NYSE:NEM) has finalized a $425 million deal to sell its Porcupine mine in Ontario to Discovery Silver (OTC:DSVSF), thus concluding its divestment from non-core assets. This sale, consisting of $200 million in cash, $75 million in Discovery shares, and $150 million in deferred...

Ontario Premier Doug Ford is preparing to take a tough stance against the U.S., threatening economic retaliation if President Donald Trump targets Canada in a trade conflict. Ford has outlined a series of retaliatory measures, including cutting power transmission to U.S. homes and businesses and...

On Thursday, European pharma giant AstraZeneca Plc (NASDAQ:AZN) announced a plan to invest CA$820 million ($570 million) in Canada, creating more than 700 jobs across all business areas. The investment will support the move to a larger, state-of-the-art office facility in the greater Toronto area....

Vale Base Metals, a Canadian subsidiary of Vale SA (NYSE:VALE), has announced a strategic review of its Thompson nickel asset. The review indicates the potential sale of this long-standing operation as part of the company's global portfolio optimization strategy. "Our objective is to build a...

Four days into his second term, President Donald Trump addressed the World Economic Forum 2025 in Davos via video conference on Thursday, outlining an aggressive economic agenda that promises corporate tax cuts, deregulation, energy expansion and a hardline stance on global trade. In a speech that...

Editor's Note: The headline has been revised to correct a typographical mistake. JP Morgan Chase (NYSE:JPM) CEO, Jamie Dimon, expressed his approval of President Donald Trump’s proposed tariffs on several countries, including Canada, Mexico, and China on Wednesday. What Happened: During...

The Mexican peso and Canadian dollar weakened on Tuesday after President Donald Trump pledged to impose 25% tariffs on imports from Canada and Mexico starting Feb. 1. The move, tied to concerns over illegal immigration and drug trafficking, has sparked fears of economic disruption and rising costs...