Daily News

Source: Financialpost March 28, 2025

Posthaste: Trump is trashing America's reputation as a trading partner in Canada

Third of business owners have already shifted their trade away from United States, says CFIB We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Trump is trashing America...

Source: Financialpost March 28, 2025

Trump tariffs on Canadian lumber risk toilet paper supply

Trump has pushed tariffs as way to return manufacturing to the U.S., and repeatedly said he doesn’t need Canadian lumberPresident Donald Trump’s promised tariffs on softwood lumber risk disrupting the supply chain for something nobody wants to be caught with...

Economy Source: Financialpost March 28, 2025

85% of Canadian business leaders concerned Canada's economy could slide into a recession: Léger poll

President Trump has threatened “far larger tariffs” if Canada unites with the E.U. to do “economic harm” to the U.S.Amid heightened trade tensions with the United States, a rising number of Canadian business leaders fear an economic crisis is looming and are...

Source: Financialpost March 27, 2025

Vances' new Greenland travel plans offer relief for Denmark

Stops in populated areas where locals had warned of anti-U.S. demonstrations have been droppedUnited States Vice-President JD Vance and his wife Usha revised their travel plans for Greenland this week, relieving some of the growing anxiety in Denmark over Pr...

Source: Financialpost March 27, 2025

White House: Trump to announce auto tariffs this afternoon

White House Press Secretary Karoline Leavitt said Trump would speak from the Oval Office at 4 p.m.United States President Donald Trump will announce tariffs on the auto industry on Wednesday, according to the White House, a move that would escalate his fight...

Source: Financialpost March 27, 2025

Here's what the Conservative savings plan for seniors means for older Canadians

Conservatives say they would allow working seniors to earn as much as $34,000 a year without paying income taxReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made thr...

Source: Financialpost March 27, 2025

'We're seriously outgunned' in trade war, warns former Bank of Canada governor

'When the dust settles, we will need our U.S. partnership, just as much as we need it today' — Stephen PolozFormer Bank of Canada governor Stephen Poloz says we are “seriously outgunned” by the Americans in a trade war, arguing Canada will still need the Uni...

Source: Financialpost March 27, 2025

Trump announces 25% tariff on all autos made outside of the United States

Move is part of a broader strategy by the president to attract more domestic auto manufacturing to the U.S.U.S. President Donald Trump said he is imposing 25 per cent tariffs on all autos manufactured outside of the United States, including Canada, starting...

FP Comment Source: Financialpost March 27, 2025

Matthew Lau: We must stop kneecapping the economy

On pipelines, deficits and emissions caps, Mark Carney's plans are fuzzy and fluid. In contrast, Danielle Smith's are clear and sensibleSince 2015, the federal government has kneecapped Canada’s economy with, in addition to higher taxes and profligate spendi...

FP Comment Source: Financialpost March 27, 2025

Joe Oliver: The authors of Canada's 'lost decade' would like another try

The Liberals, who brought 10 years of flatlining real incomes, now say with a new leader the same old team will do betterAll elections are consequential. But the one just called will be more consequential than most. At a time of self-inflicted economic decli...