For Canada, the year 2025 will stand out as historic in many ways, not least of which was Mark Carney replacing Justin Trudeau as the country’s new Prime Minister.
Several recently released economic reports say that, in the first six months of this year, Canada’s economy did better than had been expected, posting around 2% growth.
Mark Carney has announced that Canada has implemented plans to restrict imports of foreign steel to help Canada’s manufacturers hit by tariffs imposed by the Trump administration.
Canadian Prime Minister Mark Carney recently said the clock is ticking on a 30-day schedule for the U.S. to put a trade deal framework in place with Canada, with that deadline set at July 21st. Carney also said his government has a plan in place if that deadline is not met. Ca...
President Trump recently signed an order that doubled tariffs on all imported steel and aluminum products from 25% to 50%, to take effect immediately for the American market. The U.S. is the largest importer of steel in the world after the European Union and is the world’s largest aluminum importer. It currently gets m...