The Latest Breaking News from Canada

The Canadian Bankers Association says 16 U.S.-based bank subsidiaries operate in the country.

United States President Donald Trump has threatened to slap tariffs on Canadian and Mexican products in a month’s time. This will lead to retaliatory tariffs by Canada against the U.S.

[UPDATE February 4, 2025: Late on the evening of February 3, the Trump administration announced a 30-day pause on tariffs against both Canada and Mexico.

Before assessing the impact of United States President Donald Trump’s climate and energy policies, some context about the current state of the planet is in order. United Nations Secretary General Antonio Guterres recently called the world’s fossil fuel addiction “a Frankenstein’s monster sparing nothing and no one.”

After threatening Canada and Mexico with illegal tariffs, and Canada with annexation, United States President Donald Trump has agreed to hold off on imposing tariffs on Canada for at least 30 days. This decision came after Prime Minister Justin Trudeau spoke with Trump and committed to strengthening border security.

As U.S. small businesses brace for higher costs, the CFO of Trim-Tex is mitigating risk.

Markets from Japan to New York were sent tumbling Monday after news at the weekend that Trump had signed off 25% duties against Mexico and Canada, fanning concerns for the stuttering global economy.

An eleventh-hour deal achieved President Trump’s political aims, but Wall Street remains concerned that tariffs will become a permanent threat in negotiations.

‘We’re picking a fight with our most reliable and pleasant friend? The labradoodle of allies?’ joked Stewart