U.S. President Donald Trump says he will slap a 25 per cent tariff on medium and heavy-duty truck imports, an announcement that comes just a day before he meets with Prime Minister Mark Carney.
Trump made the announcement in a post on his social media platform Truth Social saying the new tariff rate will begin Nov. 1.
Picture Courtesy: AP Photo/Mark Schiefelbein
Canada's industry minister is looking to block what he calls "predatory investment behaviour" as a trade war with the United States continues. François-Philippe Champagne warned Wednesday that Canadian businesses could be at risk due to the sweeping tariffs imposed by U.S. President Donald Trump.
Canada has responded with 25 per cent retaliatory tariffs on $30 billion worth of American products, and will expand them to cover another $125 billion in U.S. goods in 21 days.
Travel agency Flight Centre Travel Group Canada says leisure bookings to American cities dropped 40 per cent in February from the same month in 2024, while one in five customers cancelled their trips to the U.S. over the past three months.
Former B.C. finance minister Mike de Jong says he's been told by the Conservative Party of Canada that he is no longer in the running to be a candidate for the party in the next federal election. He says he found it "mystifying" that the party won't allow him to contest the nomination in the riding of Abbotsford-South Langley after campaigning for the spot for almost a year.
In downtown Vancouver, Sandra Mori walked out of a provincial liquor store on Tuesday with B.C. wine, and raised her elbow to the sky. From coast to coast, Canadians are remaining defiant in the face of punishing U.S. tariffs on Canadian goods, promising to use their wallets to fight the trade war launched on Tuesday by President Donald Trump.
British Columbia’s finance minister is forecasting another record deficit in a budget she says defends the province from an unfolding North American trade war that risks tens of thousands of jobs and tens of billions in economic losses for B.C. Brenda Bailey says “the impact will be severe” but it’s not the time to retreat by cutting spending on public services.