National News
Turn tariffs to source of strength, Premier Eby says as provincial budget is released
By Canadian Press on March 4th, 2025
VICTORIA — British Columbia Premier David Eby interrupted the budget lockup today to outline some of the plans his government has to counter U.S. tariffs that threaten to upend the economy. Eby says his government will make sure that there is support in place for B.C. businesses to pivot to global and domestic markets. He ... Read More »
Be the first to comment!The trade war is on between Canada and the U.S. Here’s what you need to know
By Canadian Press on March 4th, 2025
TORONTO — A trade war between Canada and its largest trading partner has begun, with tariffs imposed by U.S. President Donald Trump now in effect and Prime Minister Justin Trudeau responding with a package of retaliatory tariffs. Stocks are tumbling, businesses are warning of impending layoffs and further measures from both countries are likely in ... Read More »
Be the first to comment!Key dates in the Canada-U.S. trade dispute as Trump launches trade war
By Canadian Press on March 4th, 2025
OTTAWA — U.S. President Donald Trump’s executive order hitting Canada and Mexico with 25 per cent across-the-board tariffs, with a lower 10 per cent levy on Canadian energy, took effect at 12:01 a.m. ET on Tuesday. Canada has responded with retaliatory tariffs, and markets are falling as investors brace for the economic impact that the ... Read More »
Be the first to comment!How Canadians are reacting to Donald Trump’s tariffs
By Canadian Press on March 4th, 2025
OTTAWA — U.S. President Donald Trump’s tariffs on Canada and Mexico kicked in at midnight, triggering a North American trade war. The president’s executive order to impose 25 per cent across-the-board tariffs, with a lower 10 per cent levy on Canadian energy, is now in effect. Canada is immediately imposing 25 per cent retaliatory tariffs ... Read More »
Be the first to comment!CP NewsAlert: Ottawa pauses preventive health care task force amid review over breast cancer screening recommendations
By Canadian Press on March 4th, 2025
TORONTO — Federal Health Minister Mark Holland has paused the work of the Canadian Task Force on Preventive Health Care, which has come under fire for not recommending breast cancer screening for women under 50. More coming. Nicole Ireland, The Canadian Press... Read More »
Be the first to comment!Canadians say they will stop buying U.S. products as Trump’s tariffs take effect
By Canadian Press on March 4th, 2025
HALIFAX — Canadians say they are ready to use their wallets to fight the trade war with the United States, which began today as President Donald Trump imposed 25 per cent tariffs on Canadian goods. Haligonians interviewed today said they are focused on buying Canadian whenever possible, and many said they had already stopped purchasing ... Read More »
Be the first to comment!CP NewsAlert: Poilievre says Canadian counter-tariffs should go to fund tax cuts
By Canadian Press on March 4th, 2025
OTTAWA — Conservative Leader Pierre Poilievre says Canada needs to retaliate against American tariffs by targeting U.S. goods Canada can make, does not need or can obtain elsewhere. Poilievre says Canada needs to cut taxes to counteract the domestic impact of tariffs and points to the carbon price, the capital gains tax and income tax. ... Read More »
Be the first to comment!Minister says he hopes Metis boarding school settlement will help the community heal
By Canadian Press on March 4th, 2025
OTTAWA — Crown-Indigenous Relations Minister Gary Anandasangaree says he hopes a federal settlement with Métis who attended a boarding school in Saskatchewan will help them heal. The Île-à-la-Crosse boarding school operated for more than 100 years and was attended by Métis and First Nations people who reported being banned from speaking their language and being ... Read More »
Be the first to comment!Trudeau says he and the new Liberal leader will decide on his last day in office
By Canadian Press on March 4th, 2025
OTTAWA — With the Liberal party set to announce its new leader within days, Prime Minister Justin Trudeau says his last day in office will be determined by himself and his replacement. Responding to questions about U.S. President Donald Trump’s tariffs at a press conference today, Trudeau says a conversation will take place to decide ... Read More »
Be the first to comment!Canada and U.S. stock markets plunge for a second day after trade war launched
By Canadian Press on March 4th, 2025
TORONTO — North American stock markets plunged for a second day as the U.S. imposed broad tariffs on imports from Canada and Mexico, triggering a continental trade war. The S&P/TSX composite index was down 547.26 points at 24,454.31, after U.S. President Donald Trump’s executive order implementing the tariffs took effect at just after midnight. “Markets ... Read More »
Be the first to comment!Trudeau says the U.S. launched a ‘very dumb’ trade war and Canada is fighting back
By Canadian Press on March 4th, 2025
OTTAWA — Prime Minister Justin Trudeau says the U.S. has launched a “dumb” continental trade war and Canada is fighting back. Addressing U.S. President Donald Trump directly at an Ottawa press conference on Tuesday, Trudeau said imposing the tariffs was “a very dumb thing to do.” He said Canada is immediately introducing 25 per cent ... Read More »
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