Canada has cracked down on fentanyl crossing the border in a bid to prevent President Trump's tariffs from hitting trade with the U.S.
President Trump has threatened to impose tariffs on Canada over drug trafficking, equating it with Mexico. U.S. government reports do not support the claim.
Oil prices slipped for a second day on Thursday after U.S. crude stockpiles rose more than expected, though attention remained on tariffs threatened by U.S. President Donald Trump on Mexico and Canada,
The Icebreaker Collaboration Effort, or ICE Pact, between the United States, Canada and Finland is meant to pool new ship construction.
Canada's federal government has assured Alberta that it will not bear a disproportionate burden of any retaliatory tariffs imposed in response to potential US import levies.
Canada working to prevent steep tariffs that US President Donald Trump says could be imposed as early as February 1.
The majority of Canada’s oil exports, largely produced in Alberta, go to the United States. And Alberta Premier Danielle Smith has flatly refused to entertain the option of cutting off that supply to American refineries if Trump slaps a 25-per-cent tariff on all Canadian goods, including gas and oil.
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and warned Canadians that a tariff war triggered by the United States could cause major economic damage.
The worst part about making Canada the 51st state would be absorbing its government-run, single-payer healthcare system.
United States President Donald J. Trump’s barrage of anti-immigrant policies has garnered worldwide attention, but Canada is taking a dark turn of its own.
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and said it was concerned that U.S. tariffs could stoke persistently high inflation. U.S. President Donald Trump is promising to impose a 25% tariff on all imports from Canada on Saturday.