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
Police say a 32-year-old man has been charged with second-degree murder after a fatal stabbing outside a Coquitlam pub last week. The Integrated Homicide Investigation Team says Coquitlam R-C-M-P had responded to a call about a fight outside the John B Pub on Friday night.
Canada's top court is expanding its public outreach to build trust at a time of increasing misinformation as more people get their news from social media. Chief Justice Richard Wagner and other justices of the Supreme Court of Canada launched a cross-country tour in Victoria, B.C., on Monday to mark the court's 150th anniversary.
The Bank of Canada's end-of-day exchange rate Monday had the loonie trading at 68.48 cents US, but the Canadian dollar neared 70 cents in the minutes after Prime Minister Justin Trudeau said the planned tariffs would be paused for at least 30 days. The overall trend for the Canadian dollar however has been weak, which has implications for the economy.
The Trump administration's on-again, off-again threat to impose damaging tariffs has boosted an old idea for driving economic growth in Canada: eliminating interprovincial trade barriers. Here's a look at how interprovincial trade barriers work and why years of efforts to tear them down them have largely failed.
Prime Minister Justin Trudeau says "proposed tariffs" between Canada and the United States will be paused for at least 30 days while the countries work together on the border.
A wide shadow of uncertainty has been cast over Canada's forestry sector by U.S. President Donald Trump's decision to impose a 25-per-cent tariff on its lumber products. Several industry groups have released statements criticizing the tariff as unnecessary and harmful for both sides, a sentiment echoed by British Columbia Premier David Eby who vows full support for the provincial sector.