Canada’s Finance Department revealed that over $3 billion had been collected through U.S. counter-tariffs before a significant portion of the levies were removed in September, falling far short of the government’s initial $20 billion revenue projection for the fiscal year. Prime Minister Carney opted to remove most of the tariffs to advance trade negotiations with the United States, despite a lack of agreement. This decision is expected to contribute to a deeper deficit in the upcoming budget. While the government defends its approach, the Canadian Steel Producers Association has criticized the exemptions granted on certain imports, which have further reduced the anticipated tariff revenue.
Read More
This comprehensive list details a complete directory of all United States and Canadian locations, including states, territories, provinces, and military installations. The organization encompasses all 50 U.S. states, Washington D.C., and several U.S. territories like Puerto Rico and Guam. Additionally, the list extends to include every Canadian province and territory. Finally, it notes the inclusion of a Zip Code for each of these locations.
Read More
The Canadian government’s “Buy Canadian” policy, expected to be fully implemented by spring 2026, will be featured in the upcoming fall federal budget and is designed to prioritize Canadian suppliers in all federal spending. The policy, with initial elements potentially in effect by November, aims to make supporting Canadian industries an obligation, impacting federal procurement, infrastructure spending, and more. While details are still being finalized, and questions arise concerning trade agreement compliance, the policy is intended to boost the Canadian economy, though some sectors, like renewable energy, express concerns about potential complications and delays. Experts are also questioning whether the policy can succeed and remain compliant with trade agreements.
Read More
This compilation meticulously catalogs every state, territory, and district within the United States, including the District of Columbia, along with a comprehensive list of U.S. Armed Forces locations globally. It also incorporates several international locations, specifically those in Canada and various U.S. territories. The final element of this list is its inclusion of Zip Codes.
Read More
Canadian Prime Minister Mark Carney’s answer to Trump’s trade war: Buy Canadian
The core concept of “Buy Canadian” as a response to Trump’s trade war is a straightforward, almost instinctive, reaction. It’s about bolstering the Canadian economy from within, supporting Canadian businesses, and reducing reliance on the potentially volatile American market. This seems to be the central tenet, a call to action designed to weather the economic storm brewing between the two nations.
The conversation highlights the nuances of this approach. Some see “Buy Canadian” as a necessary act of economic self-preservation. With the US imposing tariffs, the rationale goes, strengthening domestic industries and creating new export markets becomes crucial.… Continue reading
You have successfully subscribed to the Top Stories newsletter from Postmedia Network Inc. A welcome email has been sent and may be found in your junk folder if not received. The next edition of the newsletter will be delivered directly to your inbox. By subscribing, you acknowledge and consent to receiving this newsletter from Postmedia Network Inc.
Read More
The website detected that the user’s browser is outdated and may be susceptible to security vulnerabilities. As a result, the site suggests upgrading to a more modern browser. The recommended browsers for optimal viewing and security are listed. This upgrade is crucial for a safe and positive browsing experience.
Read More
Shopping Trends, a team separate from CTV News journalists, is sharing insights into consumer behavior. This team may receive compensation through commissions when readers use provided shopping links. Further information about the Shopping Trends team’s operations is available for those interested. Their goal is to provide information about shopping trends.
Read More
In response to US tariffs, Canadian Prime Minister Mark Carney announced plans to expedite approval processes for major infrastructure projects, aiming for completion within two years. This initiative, focusing on nation-building projects such as pipelines and trade corridors, seeks to bolster Canada’s economy and reduce dependence on US trade. The accelerated approval framework was discussed in a productive meeting with provincial and territorial leaders, signaling a collaborative approach to economic resilience. Carney characterized the plan as a means to strengthen Canada’s economic autonomy and ultimately become the strongest G7 economy. Trade Minister Dominic LeBlanc will travel to the US to continue trade negotiations.
Read More
Economists are predicting that Canada is already experiencing the early stages of a recession. This downturn is being attributed to a number of factors, with the ongoing trade war with the United States playing a significant role. The projected economic contraction for the second and third quarters indicates a technical recession, a situation defined by two consecutive quarters of negative economic growth.
Unemployment is rising in Canada concurrently with this predicted contraction. This is a key indicator of a slowing economy, as businesses reduce their workforce in response to decreased demand and profitability. A rise in unemployment often translates to decreased consumer spending, further exacerbating the economic slowdown.… Continue reading
John Q. Hosedrinker 
Matt Underwood