Canadian politician Chrystia Freeland proposed a 100% tariff on Tesla vehicles in retaliation for US tariffs on Canadian goods, aiming to pressure White House stakeholders. This has sparked debate, with some criticizing the direct targeting of Tesla while others see it as justified given Elon Musk’s perceived support for President Trump. Alternatively, removing Canada’s 100% tariff on Chinese EVs could boost EV availability, counteract the impact of US tariffs, and potentially pressure American automakers to lobby against Trump’s trade policies. This approach would also facilitate the continued transition to zero-emission vehicles in Canada. The opening of the Canadian market to Chinese electric vehicles may ultimately benefit consumers and accelerate the adoption of electric vehicles.
Read More
This Shopping Trends report is editorially independent from CTV News. The team may receive affiliate commissions from purchases made via provided links. Transparency regarding this potential revenue stream is crucial for reader understanding. Full disclosure information is available for review. This ensures unbiased reporting of shopping trends.
Read More
Former Bank of Canada and Bank of England governor Mark Carney launched his bid for the leadership of Canada’s Liberal Party, aiming to succeed Prime Minister Justin Trudeau. Carney, highlighting Canada’s economic challenges including housing affordability and climate change, positions himself as an outsider with extensive financial expertise. He intends to run for a parliamentary seat following the leadership election, scheduled for March 9th, and faces competition from current Liberal MPs, notably including Chrystia Freeland. The next Canadian general election, which Carney hopes to lead the Liberals into, must be held by October of this year.
Read More
Following Chrystia Freeland’s resignation from the Canadian cabinet, Donald Trump publicly criticized her, referencing their past contentious trade negotiations during his presidency. Freeland’s tenure as a key negotiator with the U.S. involved both praise from American liberals and considerable friction with Trump’s administration, culminating in a finalized USMCA deal despite significant challenges. Her resignation, however, appears partly motivated by disagreements over fiscal policy and a perceived demotion from her role managing Canada-U.S. relations. Trump’s social media post highlights the enduring impact of their past interactions on current Canadian politics.
Read More
John Q. Hosedrinker