Mexico will send a message to the United States regarding the 25 per cent tariff on steel and aluminum as top officials are scheduled to speak later this week, Mexican President Claudia Sheinbaum said Wednesday. Sheinbaum questioned why U.S. President Donald Trump had ordered the measure, reiterating comments made by her foreign minister earlier this
Canada’s oldest retailer could start liquidating its entire business this week – and shoppers are mourning the end of an era. Global’s Katherine Dornian has more on Hudson’s Bay’s slide toward bankruptcy – and what it means for the country’s retail landscape.
Eighteen years ago, Prime Minister Stephen Harper issued a rallying cry for Canadians.“Canada has a choice when it comes to defending our sovereignty over the Arctic,” he said on the shores of Esquimalt Harbour, B.C., while announcing plans for a fleet of new Arctic offshore patrol ships (AOPS) and a deep-sea port to be used
The Trump administration’s immigration crackdown could soon take on a new dimension. The New York Times has reported that the White House is considering enacting sweeping travel bans similar to the so-called Muslim travel ban from Trump’s first term. This time, however, more than 40 countries are reportedly being targeted. Candice Cole reports from Washington
It could be the end of an era for Canada’s oldest company. The Hudson’s Bay, faces the immediate liquidation of it’s entire business, banking on a miracle. This comes a week after filing for creditor protection, and a financing shortfall. Lexy Benedict reports.
On Thursday while speaking to reporters at the White House, U.S. President Donald Trump stated that the U.S. has been in discussions regarding the acquisition of the territory of Greenland. “We’ve been dealing with Greenland, and we have to do it. We really need it for national security,” Trump said.
The family of a B.C. woman wants to know why she’s still in U.S. custody, more than a week after trying to enter the United States from Mexico. As Travis Prasad reports, Jasmine Mooney says she is being held in what she says are brutal and inhumane conditions.
U.S. President Donald Trump’s nominee for ambassador to Canada, Pete Hoekstra on Thursday reaffirmed the importance of the U.S.-Canada relationship and Canadian sovereignty, despite escalating attacks from the White House. In response to Senator Chris Coons’ question regarding Canada’s status as a sovereign nation, Hoekstra stated, “Canada is a sovereign state.”
In a press conference on Wednesday, Bank of Canada governor Tiff Macklem said that threats of new tariffs and uncertainty about the Canada-U.S. trade relationship are having a big impact on business and consumer intentions. The bank cut the lending rate by 25 basis points to 2.75 per cent amidst the ongoing trade war with
New job additions were only marginally up last month, according to Statistics Canada, in an early sign that businesses are slowing hiring amid tariff uncertainty. Nivrita Ganguly has the details and more in Business Matters for March 7, 2025. Read more: Canada expands ‘work-sharing program’ as U.S. tariffs pose ‘maximum peril’