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
Companies owned by newcomers to Canada tend to struggle taking their businesses to the next level more than Canadian-born founders, new data suggests. The report released by Statistics Canada on Wednesday explores barriers immigrants to Canada can face when starting and scaling a business. One of the most significant findings was around labour productivity — how much an individual can produce in an hour of work.
Quebec is taking steps to cut the number of international students in the province, but can't say by how many. The government will issue a maximum of around 124,000 acceptance certificates to foreign students this year, down from more than 156,000 last year. The measure targets private colleges that the government has said are using education as a business model to sell citizenship.
Multiple polls now suggest the next federal election — which could begin in a matter of weeks — will be a tight race. At least one major pollster has the Liberals in the lead and ahead of the Conservatives for the first time in nearly four years.
Canadian companies and diplomats are working with their European colleagues to find ways to diversify trade as the U.S. threatens to impose steep tariffs. Germany's Ambassador to Canada Tjorven Bellmann says European ambassadors in Ottawa have been in touch with corporations on both sides of the Atlantic to discuss how they can boost trade.
The Supreme Court of Canada says it's moving away from the social media platform X. In an apparent farewell post to its more than 45,000 subscribers, the top court says it will focus its communication efforts on other platforms.
In a series of press conferences in recent weeks, the federal Conservatives have demanded that Liberal leadership candidate Mark Carney comply with the conflict of interest rules that apply to members of Parliament and cabinet ministers. Carney, who is neither an MP nor a member of cabinet, has said he will comply with the rules when they apply to him.