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Futures market points to big drop for U.S. stocks when trading starts

Futures market points to big drop for U.S. stocks when trading starts

TORONTO — The futures market pointed to a big drop for U.S. stock markets when trading begins today. The move comes after U.S. President Donald Trump announced so-called "reciprocal tariffs" hitting just about every country around the world.
Greater Toronto home sales drop in March amid trade concerns: TRREB

Greater Toronto home sales drop in March amid trade concerns: TRREB

TORONTO — Home sales in the Greater Toronto Area fell 23.1 per cent in March while more supply hit the market, helping bring down prices compared with a year ago.
Trump's tariffs trigger two-week shutdown at Stellantis assembly plant in Windsor

Trump's tariffs trigger two-week shutdown at Stellantis assembly plant in Windsor

Donald Trump's trade war is spreading and hitting just about every nation around the globe with "reciprocal tariffs," ranging from 10 to 49 per cent.
‘Can’t just flip a switch’: Rerouting supply chains amid tariffs poses major hurdles

‘Can’t just flip a switch’: Rerouting supply chains amid tariffs poses major hurdles

MONTREAL — The notion that Canadian companies can simply switch supply chains in response to American tariffs is a fantasy, experts say.
Auto sector under threat as tariffs take effect while other sectors avoid new levies

Auto sector under threat as tariffs take effect while other sectors avoid new levies

TORONTO — While many Canadian exporters will be relieved to have dodged new U.S. tariffs on Wednesday, some of Canada's biggest industries still face existential threats from border taxes. U.S.
EU leader says Trump's tariffs are major blow to world economy and will hurt vulnerable people most

EU leader says Trump's tariffs are major blow to world economy and will hurt vulnerable people most

BANGKOK (AP) — U.S. President Donald Trump’s announcement of a new 20% tariff on the European Union drew a sharp rebuke from European Commission President Ursula von der Leyen.
Trump's tariffs will fundamentally change global trading system: Carney

Trump's tariffs will fundamentally change global trading system: Carney

WASHINGTON — Prime Minister Mark Carney said Donald Trump's tariff regime will "fundamentally change the global trading system" after the U.S. president exempted Canada from his so-called "liberation day" tariff list unveiled on Wednesday.
All eyes are on Trump today as trade war continues to dominate election campaign

All eyes are on Trump today as trade war continues to dominate election campaign

OTTAWA — Conservative Leader Pierre Poilievre and the NDP's Jagmeet Singh spelled out their plans to deal with U.S.
Double blow as S&P and Moody's downgrade B.C.'s credit rating again, citing deficit

Double blow as S&P and Moody's downgrade B.C.'s credit rating again, citing deficit

VICTORIA — Credit rating agencies S&P and Moody's have both downgraded British Columbia's rating on the same day, citing the province's ballooning deficit and the apparent lack of a plan to dig the province out of its fiscal hole.
Religious gathering cancelled in N.S. because of fears of U.S. border policies

Religious gathering cancelled in N.S. because of fears of U.S. border policies

FREDERICTON — A gathering of religious groups from across North America that was supposed to be held this year in Nova Scotia has been postponed indefinitely because of worries over U.S. border policies.