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Economy, Law & Politics

Trade surplus surged in January as U.S. threatened tariffs

Trade surplus surged in January as U.S. threatened tariffs

OTTAWA — Canada's merchandise trade surplus in January rose to its highest level since May 2022, as both exports and imports surged in the face of tariff threats by the United States.
Opinion: Eby’s budget leaves B.C. vulnerable just as a trade war begins

Opinion: Eby’s budget leaves B.C. vulnerable just as a trade war begins

Reckless deficits and mounting debt will make an economic downturn even worse
Joly told Liberals she briefed Carney on Trump tariffs

Joly told Liberals she briefed Carney on Trump tariffs

OTTAWA — Foreign Affairs Minister Mélanie Joly's office confirms she has briefed Liberal leadership candidate Mark Carney on President Donald Trump’s tariffs days ahead of Sunday's leadership vote this week.
Trump grants auto tariff pause, tariffs on Canada remain after call with Trudeau

Trump grants auto tariff pause, tariffs on Canada remain after call with Trudeau

WASHINGTON — The Big Three automakers were able to secure a month-long tariff exemption on Wednesday after a conversation with U.S.
B.C. finance minister describes Tuesday's budget as nothing 'splashy and new'

B.C. finance minister describes Tuesday's budget as nothing 'splashy and new'

VICTORIA — British Columbia cannot continue to accumulate debt and will "be in trouble" if the province doesn't work toward a balanced budget, its finance minister told a group of business people the day after forecasting another record deficit.
S&P/TSX composite climbs, U.S. markets rise after news of auto sector tariff delay

S&P/TSX composite climbs, U.S. markets rise after news of auto sector tariff delay

TORONTO — Canada's main stock index rose Wednesday, led by base metals, industrials and technology, while U.S. markets also gained in the afternoon after news that automakers will get a month-long tariff exemption, one day after the U.S.
Stock market today: Wall Street rallies after Trump pulls back on some of his tariffs

Stock market today: Wall Street rallies after Trump pulls back on some of his tariffs

NEW YORK (AP) — U.S. stocks rallied after President Donald Trump pulled back on some of his tariffs, raising hopes he may avoid a worst-case trade war that grinds down economies and sends inflation higher. The S&P 500 rose 1.
Rob Shaw: Blaming Trump won’t fix B.C.’s budget mess

Rob Shaw: Blaming Trump won’t fix B.C.’s budget mess

The largest deficit in provincial history delivers little beyond the status quo
Ottawa moves to block 'predatory' investments as tariff war continues

Ottawa moves to block 'predatory' investments as tariff war continues

OTTAWA — Canada's industry minister is looking to block what he calls "predatory investment behaviour" as a trade war with the United States continues.
Bryan Yu: New listings flooded B.C. market in January, as provincial CPI fell

Bryan Yu: New listings flooded B.C. market in January, as provincial CPI fell

Housing and fuel keep inflation elevated despite lower food and service price growth
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