Daily News

Source: Financialpost March 05, 2025

Trump Mulling Canada, Mexico Tariff Compromise, Lutnick Says

The Trump administration could announce a pathway for tariff relief on Mexican and Canadian goods covered by North America’s free trade agreement as soon as Wednesday, Commerce Secretary Howard Lutnick said.(Bloomberg) — The Trump administration could announ...

Source: Financialpost March 05, 2025

Ontario to impose 25% tariff on power to three U.S. states

Affects 1.5 million homes in Minnesota, Michigan and New YorkOntario will impose a 25 per cent tariff on power it sends to 1.5 million homes in Minnesota, Michigan and New York in response to fresh United States levies, Premier Doug Ford announced Tuesday....

Source: Financialpost March 05, 2025

U.S. launches tariff war, here's what Canadians need to know

The Financial Post brings you the latest news in Canada's trade war with the U.S.Sweeping U.S. tariffs on Canadian goods went into effect today after U.S. President Donald Trump dashed hopes of a reprieve on Monday. We apologize, but this video has failed...

Source: Financialpost March 05, 2025

Two-thirds of Canadian businesses say they can withstand a tariff war that lasts more than a year: survey

Many companies have already put strategies in place to limit the tariff risk in their operationsTwo thirds of businesses say they can withstand a tariff war with the United States that lasts more than a year, according to a new survey released on Tuesday by...

FP Comment Source: Financialpost March 05, 2025

William Watson: Let's hope Poilievre 'cuts, cuts, cuts.' Someone’s going to have to

The familiar Liberal line is that Conservatives favour austerity. But Canadians understand the Trump tariffs mean some things have to goThe Conservatives are said to be having trouble pivoting away from the shooting-fish-in-a-barrel fun of campaigning agains...

FP Comment Source: Financialpost March 05, 2025

Opinion: Only Canada’s success can beat Trump. Freedom is how we achieve it

Canadians and their leaders must face new realities. But there's a ready-made blueprint: only free people competing in free markets succeedBy Mark Mullins We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other...

News Source: Financialpost March 05, 2025

Middle-class tax cuts a pipe dream as trade war erupts, David Dodge says

Dodge: Governments will have to consider tax cuts for investment and those taking capital risksFormer Bank of Canada governor David Dodge says Canada’s trade situation with the United States will mean short-term pain for the broad middle class, with fiscal p...

News Source: Financialpost March 05, 2025

Trump tariffs expected to drive Canada into recession

Some economists see Canada’s retaliatory tariffs as making a bad situation worse, adding to growth woes and price painCanada’s economy is headed for a contraction — the first since the COVID-19 crisis — if a tariff war with its largest trading partner lasts...

PMN Business Source: Financialpost March 05, 2025

Trump's goal for trade war is to annex Canada

In addition to retaliatory tariffs, Trudeau said Canada will file dispute resolution claims at the World Trade OrganizationUnited States President Donald Trump’s objective is to destroy Canada’s economy so he can annex the country, Prime Minister Justin Trud...

Diane Francis Source: Financialpost March 05, 2025

Diane Francis: Trudeau sets right tone on Trump tariffs

He said exactly what Canadians wanted to hearI’m no fan of Prime Minister Justin Trudeau but, credit where credit is due, he delivered an appropriately hard-hitting condemnation of U.S. President Donald Trump and his “dumb” tariff war against Canada and Mexi...