IRS raises 2026 business mileage rate by 2.5 cents
The IRS has announced a 2.5-cent increase to the standard business mileage deduction rate for 2026. Learn how this change impacts Canadian businesses and self-employed professionals.
Category : International Trade
N.B. premier pushes for softwood lumber tariff deal soon
New Brunswick Premier Susan Holt calls for a new softwood lumber agreement with the U.S., citing economic urgency for the province's forestry sector. Learn the details and potential impacts.
Scheer Criticizes Carney's Trade Record vs. Trudeau
Opposition House Leader Andrew Scheer claims Canada's trade has deteriorated under Mark Carney compared to Justin Trudeau's tenure. Read his full critique of Liberal economic management.
Canada's Top 3 Economic Risks for 2026
As 2026 approaches, Canada's economy faces critical challenges: a pivotal CUSMA review, AI sector volatility, and persistent trade uncertainty. Explore the key risks to growth.
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BofA's Moynihan forecasts easing of Trump tariffs next year
Bank of America CEO Brian Moynihan expects the Trump administration to de-escalate trade tensions in 2026, following 2025's economic shocks. Get the full analysis on what this means for Canada and global trade.
U.S. Supreme Court to Rule on Trump Tariffs in 2026
The U.S. Supreme Court has fast-tracked a case challenging President Trump's tariffs. A verdict expected early next year could reshape trade policy and impact Canada.
Business Leaders Urge Pragmatism in 2026 CUSMA Talks
Canadian business and labour leaders call for a shift from political posturing to practical results as formal CUSMA review talks with the U.S. begin in January 2026. Key figures outline their expectations for the Carney government.
EU's Carbon Border Tax Seeks Global Influence
The EU's Carbon Border Adjustment Mechanism aims to set a global standard for carbon pricing. As it evolves, its effectiveness in driving worldwide climate policy is under scrutiny.
BofA CEO Sees Tariff De-escalation in 2026
Bank of America CEO Brian Moynihan forecasts a reduction in U.S. trade tensions next year, with average tariffs settling at 15%. Read the analysis for Canada.
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2026: Pivotal Year for Canada-U.S. Relations Amid Tariffs
The 2026 U.S. midterm elections and potential new Trump tariffs could redefine Canada-U.S. trade. Experts warn Canada must prepare for a volatile period in bilateral relations.
U.S. distillers complain N.S., provinces favour local alcohol
A coalition of American distillers alleges Nova Scotia and other Canadian provinces unfairly favor local products, raising trade concerns. Read the full complaint and its potential impact.
Trump's 2025 Tariffs Shift Canada-U.S. Relationship
The pivotal 2025 meeting between PM Mark Carney and President Donald Trump marked a turning point in bilateral ties, as new tariffs reshaped trade and diplomacy. Explore the lasting impacts.
Carney's Failed Trade Negotiations with Trump Top 2025 News
Prime Minister Mark Carney entered office promising to negotiate with Donald Trump. As 2025 ends, no U.S. trade deal exists, leaving Canada's economy in limbo. Read the analysis.
U.S. distillers file complaint against LCBO, provincial favouritism
A coalition of American distillers has filed a formal complaint, alleging the LCBO and other provincial liquor boards unfairly favour local products. The dispute highlights ongoing trade tensions in the alcohol sector.
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Mexico report slams Canada's bureaucracy as investment barrier
A Mexican Embassy report reveals excessive bureaucracy and costs are discouraging Mexican firms from investing in Canada, despite a new cooperation agreement. Read the details.
Canada Can Use U.S. Lumber Need in Trade Talks: Expert
A senior trade analyst suggests Canada's lumber sector is a key bargaining chip in upcoming negotiations with the U.S. Daryl Swetlishoff outlines the strategic outlook for 2026.
Zelenskyy Open to Free Economic Zone in East Ukraine
Ukrainian President Volodymyr Zelenskyy says he is open to establishing a free economic zone in the country's east, but any plan must be approved by a public vote. Read more on the latest developments.
Why 2026 Will Be Another Rocky Year for Global Trade
After a year of tariffs in 2025, global trade braces for the consequences in 2026. Key challenges include CUSMA review, supply chain shocks, and shifting trade patterns. Read the analysis.
American columnist questions U.S.-Canada friendship amid tensions
An American columnist reflects on the strained U.S.-Canada relationship under President Trump, citing tariffs, rhetoric, and a bipartisan call to repair the vital alliance. Explore the fallout and future.
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Unifor Leader Calls for Firm Canadian Stance in Trade Talks
Unifor National President Lana Payne calls on the Canadian government to adopt a strong, unwavering position as crucial trade discussions approach. Learn about the union's demands for protecting workers.
EU's $105B Ukraine Deal Amid Trump's Sanctions Shift
The EU's watered-down $105 billion aid plan for Ukraine reveals a fractured front, while signals from the Trump White House suggest a dramatic pivot in U.S. policy towards Russia and its allies.
FedEx Error Leads to $802 Tariff on $30 Canadian Barbie
A Boston grandmother was shocked by an $802 tariff bill for a $30 Barbie shipped from Nova Scotia after a FedEx customs form error. The carrier has now removed the charge.
U.S.-Venezuela Tensions: What It Means for Canada
Rising tensions between the U.S. and Venezuela over oil resources and seized tankers could have significant ripple effects for Canada's energy security and foreign policy. Analysis of the potential impacts.
CBSA releases 2025 southwestern Ontario border stats
The Canada Border Services Agency has published its 2025 statistics for major southwestern Ontario border crossings. Discover the trends in travel and trade.
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U.S. bans new foreign drones, hitting DJI
The United States has enacted a ban on new foreign drone models, a major regulatory move directly affecting the Chinese market leader, DJI. Explore the details and potential consequences.
Trump Tariff War Voted Top Canadian News Story of 2025
The Canadian Press has selected the escalating trade conflict with the U.S., marked by President Trump's aggressive tariffs, as the defining news story of 2025. Explore the impact on Canada's economy and the diplomatic response.
Companies recoup some tariff costs in market
A new report details how companies are navigating complex markets to recover a fraction of tariff expenses. Learn the strategies and economic impacts for Canadian businesses.
What Trump might seek in 2026 USMCA trade pact review
As the 2026 review of the USMCA trade pact approaches, analysts are weighing what a second Trump administration might demand from Canada and Mexico. Explore the potential implications.
Mark Wiseman Named Canada's Ambassador to the U.S.
Mark Wiseman takes over as Canada's ambassador to Washington during a period of significant strain in bilateral relations, marked by tariffs and trade tensions. Discover the challenges ahead.
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Mark Wiseman Named Canada's Ambassador to U.S.
Prime Minister Mark Carney taps investment veteran Mark Wiseman as Canada's ambassador to the United States, tasked with navigating crucial CUSMA trade talks with the Trump administration. Read the full story.
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