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The U.S.-Canada trade dispute has entered a sharper phase after President Donald Trump announced new measures targeting selected Canadian products, while Canada has moved ahead with matching counter-tariffs on U.S. goods. The latest actions deepen an already tense economic relationship and put fresh pressure on businesses on both sides of the border.
Canada
Canada's trade fight with the United States escalated Tuesday as Ottawa's new counter-tariffs took effect. But instead of falling, the Canadian dollar strengthened, briefly reaching its highest level in nearly three weeks. The surprising move shows why tariffs aren't the only force driving the loonie, with oil prices, interest-rate expectations and the U.S. dollar also influencing markets today.
Canada
America imposed new tariffs on Canadian goods. Starting September 8, Canada is answering with counter-tariffs covering $27.6 billion in U.S. imports. Ottawa says the response protects Canadian workers and businesses, but tariffs can carry costs at home too. As the trade fight intensifies, the bigger question is whether Canada, America, or anyone actually wins in the end.
Canada
Canada says it will impose 15%, 25% and 50% counter-tariffs on U.S.-origin goods from September 8. The measures cover $27.6 billion in imports and follow a U.S. decision to apply a 50% tariff to the same value of Canadian goods, according to the federal government.
Canada
The federal government is directing more than $14.1 million to businesses and organizations across Nova Scotia as companies face trade pressures and changing international markets. The funding is part of federal efforts to help affected businesses invest in productivity, supply chains and market expansion.
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Canada will invest more than C$4.7 billion in 313 new VIA Rail passenger cars, which Alstom will design, manufacture and assemble in Quebec and Ontario. The fleet is intended to replace aging long-distance, regional and remote-service equipment and support domestic rail manufacturing.
Canada
Canada used a G20 finance meeting in North Carolina to discuss global economic conditions and engage international partners on trade, investment and economic cooperation. Finance Minister François-Philippe Champagne and Bank of Canada Governor Tiff Macklem represented Canada at the gathering.
Canada
Canadians acknowledge that a prolonged trade dispute with the United States could raise prices, threaten jobs and create uncertainty. Yet polling shows strong support for Canada walking away from U.S. trade talks rather than accepting the proposed terms. With the economy showing recent momentum, the dispute raises a larger question about Canada’s dependence on its biggest trading partner.
Canada
Canada’s preliminary population estimate points to a first-quarter decline in 2026, driven largely by a drop in non-permanent residents. Ottawa is deliberately reducing temporary-resident arrivals, raising questions about future economic growth, labour markets and housing demand. The figures may be revised, but slower population growth puts renewed focus on productivity, investment and GDP per person.
Canada
Donald Trump urged Canadian companies doing business with America to relocate to the United States, linking the move to avoiding tariffs. Ontario Premier Doug Ford warned that escalating Canada–U.S. tariffs could damage workers and businesses on both sides of the border. The dispute puts North America’s integrated auto supply chain and future manufacturing investment in focus.
Canada
U.S. President Donald Trump has ordered Lake Ontario to be renamed “Lake America” for U.S. federal use, adding another flashpoint to already tense Canada-U.S. relations. The move does not require Canada or international organizations to adopt the new name. Prime Minister Mark Carney has rejected the change, saying Canadians will continue using the historic name Lake Ontario.
Canada
Prime Minister Mark Carney has outlined Canada’s next steps after trade negotiations with the United States were suspended. The plan includes dollar-for-dollar counter-tariffs on U.S. goods, along with additional support for Canadian workers and businesses affected by tariffs. The federal government said further details on these measures will be announced in the coming days as consultations continue.
Canada
Could American alcohol soon return to Canadian shelves? The White House says Canada has expressed a commitment to address measures Washington considers discriminatory against U.S. alcoholic beverages. American alcohol exports to Canada plunged after provincial restrictions were introduced. No return has been confirmed yet, but the latest trade negotiations could determine whether U.S. wine, bourbon and spirits come back soon.
Canada
Trump’s threatened 50% tariffs on certain Canadian goods are temporarily suspended, but his focus on a better deal for U.S. farmers raises a bigger question: what did Canada put on the table? With dairy, alcohol and motor vehicles at the centre of the dispute, the final agreement could reveal who really pays the price for avoiding another Canada-U.S. trade escalation.
Canada
Canada is advancing nearly $70 billion in clean-energy projects across Labrador, including Churchill Falls expansion, Gull Island, transmission infrastructure and proposed wind power. Ottawa sees enormous economic potential, but Muskrat Falls offers a costly historical warning. As Canada plans its next generation of energy megaprojects, execution, oversight, timelines and financial risk could matter as much as generating capacity itself
Canada
Canada’s economy grew 0.3% in May after a revised 0.6% increase in April, while an early estimate points to further growth in June. The improving momentum could reduce pressure on the Bank of Canada to cut interest rates soon. Here is what the latest GDP data could mean for borrowers, homeowners, businesses and Canada’s economic outlook through the summer months.
Canada
Fisheries and Oceans Canada is tightening how inshore fishing licences can be transferred in Atlantic Canada and Quebec. Applicants must finalize agreements before seeking approval and respond to compliance questions within 30 days. Non-compliant arrangements may trigger a 12-month reapplication pause, while summer consultations will gather feedback from harvesters and coastal communities on improving the rules.
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CRS cut-off scores hit two-year lows in 2026, dropping from 511 to 409 for French draws. Find out what score gets you PR by category.
Canada
The first mandatory six-year review of the Canada-United States-Mexico Agreement (CUSMA) began on July 1, 2026, marking a significant moment for North American trade. While CUSMA has not expired, the United States has signaled that it is not ready to approve an immediate long-term extension, increasing uncertainty for businesses and investors. This article explains what happened during the review, why it matters for Canada, the industries most exposed to potential changes, and what Canadians should expect as negotiations continue. It also explores the possible outcomes of the review process and why stable trade rules remain essential for Canada's economy
Canada
The best age to start retirement planning in Canada is as early as possible. A 22-year-old contributing $500 per month at 6% annual return accumulates over $1,000,000 by age 65, compared to just $119,000 for someone who starts at 50 with the same monthly contribution. TwikUp breaks down exactly what to prioritize in your 20s, 30s, 40s, 50s, and 60s, covers Canada's public pension system including CPP and OAS, explains the RRSP and TFSA landscape in 2026, and calculates how much you actually need to retire comfortably across different Canadian cities.
Canada
CPP, OAS, Canada Pension Plan, Old Age Security, Retirement Benefits, Seniors, Retirement Income, Canadian Pension, Finance, Canada
Canada
Healthcare, construction, transportation, technology, and skilled trades continue to experience significant labour shortages across Canada. Here's which occupations are facing the greatest demand and why they matter in 2026.
Canada
Canada and Ireland have unveiled a broader partnership spanning AI, health innovation, food security, defence, and climate action as trade reaches $6 billion.
Canada
The Bank of Canada left its benchmark interest rate unchanged at 2.25%, extending its pause for a fifth straight meeting as policymakers balance slowing growth, rising oil prices, and the risk of persistent inflation.
Canada
Canada's merchandise exports reached a record in April, helping push the country's trade surplus to a 15-month high. But the latest figures also underscore how heavily Canada's economy still relies on the United States.
Canada
The FIFA World Cup is expected to bring new tourism, infrastructure spending, and business opportunities, making the tournament about more than just sport.
Canada
Canada's job market delivered an unexpected rebound in May, challenging recession concerns and adding a new layer of complexity to the country's economic outlook.
Canada
A second LNG agreement linked to British Columbia's Ksi Lisims project is reinforcing energy ties between Canada and Germany and drawing attention to Canada's export ambitions.
Canada
Canada's economy recorded two consecutive quarters of GDP contraction, meeting the definition of a technical recession. Here's what the term means, why experts are cautious about calling it a full recession, and what it could mean for Canadians.
Canada
Canada's labour market delivered a surprise boost in May, adding 87,800 jobs and pushing unemployment down to 6.6%, far outperforming economist forecasts amid ongoing economic uncertainty.
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Automotive, agriculture, energy, and manufacturing sectors face major disruption risks if CUSMA renewal fails or is delayed beyond 2026.
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Canada has formally requested a 16-year CUSMA extension to 2042 as the July 1 review deadline approaches, with U.S. resistance and trade tensions rising.
Canada
Canada recorded two straight quarters of GDP decline, triggering talk of a technical recession. Economists say the label matters less than the broader signs of economic weakness.
