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Here's the latest as the U.S. imposes tariffs on goods from Canada and Mexico

Here's the latest as the U.S. imposes tariffs on goods from Canada and Mexico

OTTAWA — U.S. President Donald Trump has imposed tariffs on imports from Canada and Mexico — a 25 per cent across-the-board levy, with a lower 10 per cent charge on Canadian energy — triggering a continental trade war.
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S&P/TSX composite down nearly 300 points, U.S. stocks also fall

S&P/TSX composite down nearly 300 points, U.S. stocks also fall

TORONTO — Canada's main stock index fell nearly 300 points in early trading, while U.S. stock markets also fell, giving up gains they made Wednesday. The S&P/TSX composite index was down 276.57 points at 24,594.25.
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Second federal judge extends block preventing the Trump administration from freezing funding

Second federal judge extends block preventing the Trump administration from freezing funding

BOSTON (AP) — A second federal judge on Thursday extended a block barring the Trump administration from freezing grants and loans potentially totaling trillions of dollars. U.S.
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Why buying Canadian is more helpful than investing Canadian

Why buying Canadian is more helpful than investing Canadian

TORONTO — A stirring of unfamiliar patriotism in response to U.S. hostility is leading many Canadians to spend money closer to home, but on the question of investing more domestically, experts say there’s less reason to shift habits.
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Ontario Elite Wrestling’s free show will electrify Callander

Ontario Elite Wrestling’s free show will electrify Callander

Organizers and sponsors felt this was a great way to thank fans for their support
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Canadian Tire plans to restructure company for growth, will close stores

Canadian Tire plans to restructure company for growth, will close stores

TORONTO — Canadian Tire Corp. Ltd. is rolling out a new strategy that will see it invest $2 billion over four years to restructure the company for growth but will also mean the closure of some stores.
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Stock market today: Wall Street resumes its tumble as Dow drops 500

Stock market today: Wall Street resumes its tumble as Dow drops 500

NEW YORK (AP) — And back down goes Wall Street. U.S. stocks are resuming their slide Thursday, led by the market’s AI superstars that are now feeling the painful downside of big expectations. The S&P 500 was down 1.
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The number of Americans filing for jobless benefits falls as labor market remains sturdy

The number of Americans filing for jobless benefits falls as labor market remains sturdy

Applications for U.S. jobless benefits fell last week as the labor market remains sturdy ahead of an expected purge of federal government employees.
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European Central Bank cuts rates by quarter point with trade war a potential threat

European Central Bank cuts rates by quarter point with trade war a potential threat

FRANKFURT, Germany (AP) — The European Central Bank has cut interest rates by another quarter percentage point, lowering credit costs for consumers and businesses to support an economy that is struggling to show solid growth.
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Statistics Canada reports $4B merchandise trade surplus for January

Statistics Canada reports $4B merchandise trade surplus for January

OTTAWA — Statistics Canada says the country's merchandise trade surplus in January rose to its highest level since May 2022, as both exports and imports surged higher in the face of tariff threats by the United States.
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