Latest News Updates From Laura Dhillon Kane

Ontario Premier Doug Ford said Canada must prepare for the possibility that U.S. trade protectionism will last well beyond President Donald Trump’s administration.

Canada-U.S. Trade Minister Dominic LeBlanc said the country wants to resolve trade frictions with the Trump administration as part of a comprehensive agreement.

Energy Minister Tim Hodgson gave further details on the package March 3, including C$44 million for upgrades to the Northwest Transmission Line in northern British Columbia.

“It does look like some more positive signs of underlying inflation slowing,” Citigroup economist Veronica Clark said, while adding that rent costs are showing “some stickiness.” 

Canada has put 25% tariffs on Chinese steel and last month tightened its tariff-rate quotas to further restrict imports from countries with which it doesn’t have a free-trade deal.

Industry Minister Melanie Joly's Sweden visit is part of a push by the Carney government to strengthen ties with European partners and reduce its reliance on the U.S. for trade and security.

Canadian PM Mark Carney is expected to meet with Mexican President Claudia Sheinbaum to discuss reinforcing supply chains and key infrastructure to grow bilateral trade.

Prime Minister Mark Carney said Aug. 5 the guarantees will ensure forestry companies of all sizes can maintain and restructure their operations.

Mayors in states that border Canada are calling for an end to President Donald Trump’s trade war with the country, saying it has harmed businesses and workers in their communities.

China’s ambassador warned the Canadian government against using it as a “bargaining chip” in trade negotiations with the U.S.