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OTTAWA — A free-market think tank is calling on Canadian policymakers to turn the other cheek as the United States ramps up its cross-border tariffs. “When you’re in a trade impasse like the one we’re in with the U.S., what works is being able to outlast the other guy,” said Vincent Geloso, a senior economist…

WASHINGTON, D.C. — The last time Maine voted for a Republican presidential candidate was in 1988 for George H. W. Bush, yet in every U.S. Senate race since 1996, the Pine Tree State has elected Republican Senator Susan Collins. Even in 2020, when Democrats tied the race to a broader referendum on Donald Trump —…

Convenience and gas station retailer Alimentation Couche-Tard Inc. reported record fuel sales as oil prices soared amid the Middle East conflict, but consumers are also tightening their budgets and visiting stores less often. Shares dropped the most in more than five months. “Elevated living costs and fuel prices continue to weigh on discretionary spending in…

OpenAI was hit with multiple lawsuits claiming the artificial intelligence company could have prevented a mass shooting in Canada earlier this year by informing law enforcement about the suspected killer’s messages with the popular chatbot ChatGPT . The complaints were filed Wednesday in federal court in California by teachers, students and a principal who were…

Alphabet Inc.’s Google doesn’t have to sell off its advertising exchange and instead must make its ad tech tools work with those operated by rivals, a federal judge ruled Wednesday, in a move that saves the tech giant from a second bid to force a breakup. United States District Judge Leonie Brinkema issued her decision…

Meta Platforms Inc. released its most powerful artificial intelligence model yet, with its chief AI officer saying its capabilities are edging closer to top competitors . Developers on Wednesday will be able to access and pay for Muse Spark 1.3, an updated version of its most advanced model , the company said. It will soon…

Ottawa says new counter-tariffs on American goods are primarily designed to protect Canadian companies’ domestic market share. But with November’s U.S. midterm elections looming, there’s no doubt the levies will have an impact both economically and politically, particularly in battleground states (think Michigan, Ohio and Iowa). “I think that’s very intentional,” said Inu Manak, a…

A question to a U.S. admiral about the possibility of military action against Canada was met with incredulity from the military leader, who called it “preposterous” and added: “Would you ask me please, also, what my attack plans are for the Martians?” Gen. Jennie Carignan, Canada’s chief of the defence staff, and Admiral Samuel J.…

The Bank of Canada held its benchmark lending rate at 2.25 per cent on Wednesday, but economists are split on the outlook for this year and 2027 due to the threat of inflation spreading and the effect of tariffs on growth. Here’s a look at what some of them are forecasting. ‘Hawkish tone’: Desjardins “Confronted…

OTTAWA — U.S. Commerce Secretary Howard Lutnick said a Canadian minister did not deny it when asked if Canadian negotiators were trying to “blow up” trade negotiations last month. Lutnick, the brash Trump cabinet member who is a close advisor to U.S. President Donald Trump, made the claim during an interview on CNBC Wednesday morning…