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Canada's Apr. trade deficit widens to historic high

Reuters on MSN · 2d

Canada's April trade deficit widens to historic high as tariffs cripple exports

Canada's trade deficit in April widened to an all-time high of a whopping C$7.1 billion ($5.2 billion), data showed on Thursday, as tariffs imposed by President Donald Trump sucked out demand for Canadian goods from the United States.

The New York Times · 2d

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 · 2d

Canada Trade Deficit Hits Record as US 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.

Canada, China Agree to Normalize Ties

The Wall Street Journal · 1d

Canada, China to Normalize Relations Amid Global Trade Disruption

Canada and China have reached a diplomatic detente, after years of testy relations and with President Trump targeting both countries with hefty tariffs. Prime Minister Mark Carney said a call he held with Chinese Premier Li Qiang marks the start of “recalibrating the relationship with China.

MarketWatch · 1d

Canada, China Agree to Normalize Ties After Years of Testy Relations -- Update

OTTAWA--Canada and China have agreed to restore regular communications between the two countries following years of testy relations following Ottawa's role in the arrest of a senior Huawei Technologies executive last decade.

China seeks improved ties with Canada amid rising trade tensions

China called on Friday for steps to improve bilateral ties with Canada, saying there were no deepseated conflicts of interest, following a spike in trade tensions with many of Beijing's Western trade partners this year.

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From retaliation to negotiation: How Canada’s U.S. trade strategy is shifting under Carney

When Trump doubled tariffs on steel and aluminum, the Prime Minister chose not to respond in kind, instead opting for a ...

2don MSN

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 ...

1don MSN

Li-Cycle facing trade ban in Canada due to financial woe

Lithium-ion battery recovery company Li-Cycle is facing a trade ban in Canada amid financial difficulties. The company ...

1d

Carney agrees to high-level talks with Beijing on resolving Canada-China trade war

Prime Minister Mark Carney and his Chinese counterpart agreed Thursday to “regularize channels of communication” in Canada’s ...

1don MSN

Canada Introduces Bill to Speed Up Project Approval, Dismantle Trade Barriers

The legislation aims to accelerate approval of resource and infrastructure projects, and knock down internal trade barriers ...

2d

Trump and Canada’s Carney 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.

The Canadian Press on MSN2d

Bank of Canada hearing less ‘catastrophic’ tariff talk from businesses

OTTAWA — Trade-sensitive businesses are telling the Bank of Canada that they’re broadly less worried about their “worst-case ...

1don MSN

Canada Unemployment Rate Edges Up to 7% in May

Uncertainty prevails for business and households in Canada, and surveys indicate companies plan to scale back investment and ...

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