Author: admin
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Trump targets Bombardier, Canadian dollar in Truth Social blitz ahead of tariff deadline
U.S. President Donald Trump launched a string of complaints and threats targeting Canada, levelling an attack against aircraft maker Bombardier and posting a photo of the North American continent covered in an American flag. “No more selling Bombardier in the United States!” the president posted on his Truth Social page Monday just hours before the…
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‘It’s going to be painful’: Trade watchers warn of tit-for-tat escalation between U.S. and Canada
OTTAWA — Canada’s retaliatory tariffs are set to take effect on Tuesday and with an American response almost inevitable, trade watchers are warning Canada should prepare itself for economic pain. “We may be in an escalating war, and the question is who’s going to have the greater threshold for pain in this, and are Canadians…
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Trump says Canada-U.S. dollar ‘imbalance is unacceptable’
U.S. President Donald Trump took a few swings at Canada during a spate of AI-generated posts to his Truth Social platform on Sunday afternoon, including a complaint about the value of the Canadian dollar. “Canada’s (currency) Dollar imbalance with the U.S. is unacceptable,” he wrote in the morning. “It has been that way for years…
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A tale of two U.S. ambassadors: Hoekstra and Heyman see Canada very differently
A former U.S. ambassador to Canada is taking a strikingly different approach to cross-border relations than the current diplomat in office, as the trade war between the two countries continues to escalate. Bruce Heyman, who served as ambassador to Canada under U.S. president Barack Obama between 2014 and 2017, has been increasingly vocal in his…
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Majority of Canadians now see U.S. as an enemy, and Trump is the reason: poll
For as long as anyone can remember, Canada and the U.S. have arguably been the world’s closest of allies and friends. The sibling settler-colonial nations sharing the world’s longest undefended border are deeply linked, culturally and economically, with any differences historically resolved respectfully. But as the trade war initiated by U.S. President Donald Trump drags…
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Crackageddon is upon us and Canadian refineries are raking it in: FP Video explains
This week, FP Video looks at the resemblance between Canada’s latest push to build out nuclear energy and the cola wars of the 1980’s, oil refineries making record high profits off diesel fuel , and will the boom in data centre construction in Alberta and Saskatchewan be a boom or bust? How Canada’s nuclear race…
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Canada’s tariffs are coming for Michigan — and it’s not just auto plants that will feel the pain
WASHINGTON, D.C. — Unless Washington and Ottawa change course, Canada’s retaliatory tariffs on more than 700 U.S. products entering Canada — covering CA$27.6 billion in annual imports — are scheduled to take effect Tuesday. The duties, ranging from 15 to 50 per cent, come as U.S. Trade Representative Jamieson Greer said this week that “there…
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Dutch shift gold to London from U.S. and Canada on geopolitical unrest
The Dutch Central Bank has shifted gold reserves worth about US$12 billion from New York and Ottawa to London, citing concerns about increasing global geopolitical unrest. Between March and August, the bank transferred approximately 86 metric tons of gold — more than a quarter of the bullion it holds in the United States and Canada…
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Another golf push cart company is threatened by Canada’s tariffs on Chinese EVs
OTTAWA — An Ontario company that is being threatened by a massive retroactive tax bill because its golf carts were categorized by Ottawa as electric vehicles (EVs) isn’t alone. At least one other Canadian company that also has its motorized push carts manufactured in China says it has also received a tax bill from Canada…
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‘We’re taking it very personally’: Republican mayor from Lake Ontario city rejects Trump’s ‘Lake America’
The mayor of a New York State city on the shore of Lake Ontario has said his community is taking the lake’s renaming “very personally” and will not be using the new “Lake America” name. Robert Corradino is a Republican and has been mayor of Oswego, in the Republican stronghold of Oswego County, since January…