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Trade deficit hits record

After Trump’s Tariffs Crash Exports, Canada Posts a Record Trade Deficit

Sales of vehicles made in Canada plunged by nearly 23 percent in April after President Trump imposed a 25 percent auto tariff.

Bloomberg · 7h

Canada Trade Deficit Hits Record as Trump Tariffs Crush Exports

Canadian exports plunged by the most in nearly 17 years outside of the pandemic, widening the country’s merchandise trade deficit to the largest on record.

The Wall Street Journal on MSN · 4h

Canada Goods-Trade Deficit Widens to Record C$7.14 Billion in April

It was a third straight trade deficit for Canada, and a much bigger shortfall than the C$1.5 billion economists expected.

Mark Carney, Trump and Canada

Reuters on MSN · 2h

Canada's Carney and Trump hold secret talks on trade and security, Globe and Mail reports

Canadian Prime Minister Mark Carney is secretly holding direct talks with U.S. President Donald Trump to work out a framework for a trade and security agreement, the Globe and Mail reported on Thursday.

The Straits Times · 40m

Canada’s Carney and Trump hold secret talks on framework trade and security deal: Report

The talks between the leaders and top Cabinet ministers are reportedly being held discreetly to ensure a positive outcome. Read more at straitstimes.com. Read more at straitstimes.com.

Bloomberg L.P. · 1d

Carney Holds Back on Tariff Retaliation, Says US-Canada Talks Are Progressing

Prime Minister Mark Carney said Canada won’t respond immediately to the Trump administration’s doubling of steel and aluminum tariffs, and indicated that officials are in “intensive discussions” about the trade relationship between the countries.

1hon MSN

Canadian dollar hits eight-month high as market shrugs off record trade deficit

The Canadian dollar strengthened to nearly an eight-month high against its U.S. counterpart on Thursday as investors shrugged ...

Canada's Prime Minister Urges New Trade Deal With U.S.

Canadian Prime Minister Mark Carney said it is his goal for the U.S. and Canada to agree on a new bilateral pact in the ...

The (Failed) Beer Run that Could Change Canada

Gerard Comeau fought back after being fined for bringing too much beer into his province. He lost the battle, but may yet win ...

1don MSN

Bank of Canada holds rate at 2.75%, but eyes July cut amid rising trade tensions

The Bank of Canada (BoC)left its key interest rate constant at 2.75% on Wednesday, pausing for the second time in a row as ...

1don MSN

Trump trade war targets some of Canada's best-paid jobs — StatsCan

Those jobs north of his border that President Donald Trump has vowed to destroy — as part of his plan to boost the U.S.

23h

Canada’s Carney: Ottawa Will Take Its Time Responding to Steel, Aluminum Tariffs

Canada is going to wait before enacting any further retaliation against the U.S. over higher steel and aluminum tariffs because negotiators representing Ottawa and Washington are in talks on a new ...

1don MSN

Doug Ford urges Canada’s leader to ramp up tariffs on US

Ontario Premier Doug Ford is pressuring Canada’s Prime Minister Mark Carney to ramp up tariffs against the United States ...

1don MSN

Canada's services PMI rises to 3-month high in April as confidence improves

The downturn in Canada's services economy eased somewhat in May as firms grew more hopeful that trade and political ...

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