Canada’s former ambassador to the United States says he’s confident Ottawa can avoid the worst of the tariff threats proposed by U.S. president-elect Donald Trump, but that Canada won’t be completely unscathed. Frank McKenna, who is now deputy chair at TD Securities, said he believes the incoming president is looking to use money from tariffs…
Canada’s border security plan is being celebrated by members of U.S. president-elect Donald Trump’s administration and transition team, even as Republicans are unsure if it will prevent threatened tariffs that many Americans appear to not want. A new poll from Quinnipiac University this week suggests 51 per cent of people in the U.S. oppose Trump’s…
Ontario Premier Doug Ford says Canada and the United States should work together to counter China, rather than engage in a damaging trade war — and has a message for Mexico to join them. Speaking to CNN Monday night, Ford said cutting off energy exports to the U.S. remained “a tool that we have in…
Descrease article font size Increase article font size Conservative members of Parliament are calling for a committee probe next month that will ask ministers and officials responsible for dealing with the United States on tariffs to testify. “Conservatives have launched a motion, calling for the International Trade Committee to hold hearings beginning the week of…
The federal government is moving forward with plans to make automatic tax filing more widely available to Canadians, including those who are “middle class.” In the fall economic statement released on Monday, Ottawa announced several measures to make it easier for Canadian taxpayers to file their annual returns, building on efforts that are already underway….
By Nick Murray The Canadian Press Posted December 16, 2024 4:40 pm 1 min read Descrease article font size Increase article font size The federal government is promising to spend $1.3 billion over six years to beef up Canada’s border security but still won’t say exactly how that money will be spent. The figures are…
Ontario Premier Doug Ford responded to the burgeoning trade tension between Canada and the United States with a threat that the province could cut off energy exports to the U.S. in retaliation to president-elect Donald Trump’s threat of sweeping tariffs. But what would it look like if Ontario and other provinces carried out that threat?…
As Donald Trump’s inauguration looms, Canada’s agriculture industry is waiting with bated breath to see whether the sweeping tariffs he’s threatened will come to pass. If they do, producers would have to plug the gaps left by restricted access to the country’s largest trading partner and consumers could be left paying higher prices. “When you…
Finance Minister Chrystia Freeland on Tuesday would not say whether the Liberals kept a pledge to cap the budget deficit at $40.1 billion in the previous fiscal year, but said the upcoming fall economic statement will show Ottawa’s balance sheet remains on a “sustainable” track. When Freeland tabled the 2024 federal budget in the House…
Descrease article font size Increase article font size Finance Minister Chrystia Freeland announced Monday that she will deliver a fall economic statement on Dec. 16. The fiscal update will provide a fresh look at Ottawa’s finances heading into 2025. It will give Canadians a sense of how items announced since the 2024 federal budget, including…
