Canada's annual trade deficit widened to $31.3 billion in 2025, the largest on record excluding the COVID-19 pandemic, driven by U.S. tariffs that hammered key export sectors and reduced exports to the United States by 5.8%.
Canada's trade strategy must prioritize deeper integration with Mexico alongside U.S. partnerships to build resilient, competitive North American value chains across sectors like automotive and manufacturing.
Canada's overall trade deficit with the United States declined in 2025, but the deficit for goods alone reached a record high, highlighting complex economic dynamics.
Canada's trade deficit narrowed in December 2025, while the share of exports to the United States continued to shrink, highlighting shifting global trade dynamics.
Canadian Minister Dominic LeBlanc announces that Canada and Mexico are pushing for a trilateral agreement as part of the upcoming CUSMA review, highlighting North American trade cooperation.
Dominic LeBlanc, Canada's Minister for U.S. Trade, is scheduled to meet with the U.S. Trade Representative to discuss the upcoming review of the Canada-United States-Mexico Agreement (CUSMA).
Indigenous leaders from Manitoba are participating in a federal trade delegation to Mexico, aiming to foster economic partnerships and expand international opportunities for First Nations communities.
An in-depth look at the tariffs currently active in the U.S.-Canada trade war, including political reactions and economic implications for both nations.
Former President Donald Trump has followed through on his threat to impose extensive tariffs against Canada, triggering immediate and forceful reactions from Canadian political leaders and industry experts who warn of economic repercussions on both sides
U.S. Trade Representative Jamieson Greer indicates the Trump administration may modify broad tariffs on steel and aluminum amid business pressure and compliance concerns.
Conservative MP Jamil Jivani's diplomatic mission to Washington to resolve trade tensions faces unexpected criticism from Liberal politicians, raising questions about Canada's auto sector support.
Prime Minister Mark Carney appoints veteran public servant Janice Charette as Canada's chief trade negotiator with the United States, placing her at the center of the upcoming North American trade pact review amid strained bilateral relations.
A Canadian delegation is in Mexico City aiming to bolster bilateral relations and trade, marking a significant effort to enhance economic cooperation between the two nations.
Canadian exports to the UK surged 60% in 2025, making Britain the second-largest market. As Trump threatens North American trade, Canada diversifies through EU-TPP talks.
Prime Minister Mark Carney names former Privy Council clerk Janice Charette as Canada's chief U.S. trade negotiator ahead of a potentially tense CUSMA review this summer.
Prime Minister Mark Carney has appointed former Privy Council clerk Janice Charette as Canada's chief trade negotiator with the United States, splitting the role from the ambassador position.
The Canadian government has named Janice Charette as the chief trade negotiator for the upcoming review of the Canada-United States-Mexico Agreement, a critical role in shaping North American economic relations.
Hungary continues purchasing Russian oil, providing crucial revenue for Moscow's military operations while enriching foundations tied to Prime Minister Viktor Orbán, despite EU pressure to phase out imports.
U.S. senators express bipartisan support for the CUSMA trade agreement, while former President Donald Trump raises concerns about its future, highlighting ongoing political tensions over North American trade relations.
Economic analysts highlight the vulnerabilities in Canada's deep trade and financial ties with the United States, urging diversification to mitigate potential shocks.
Dennis Molinaro analyzes Canada's persistent but unsuccessful attempts to diversify trade through China, highlighting security risks and historical failures from canola to electric vehicles.
Canadian professionals crossing the U.S. border for work must prepare proper documentation, understand visa requirements, and follow specific protocols to ensure smooth entry and compliance with regulations.
Dominic LeBlanc, Canada's Minister for U.S. Trade and Intergovernmental Affairs, will spearhead a significant trade delegation to Mexico to strengthen economic ties and explore new opportunities.
The Trump administration has successfully negotiated a trade agreement with Taiwan, aiming to lower tariff barriers and enhance economic cooperation between the two nations.
Conservative MP Jamil Jivani reports positive U.S. relations post-meeting with Trump officials, emphasizing pragmatism in upcoming CUSMA trade review to address uncertainties affecting Canadian workers and businesses.
The Republican-led U.S. House passed legislation to end Trump's tariffs on Canadian imports, increasing pressure on his economic policy ahead of midterm elections.
A former U.S. State Department official warns that Prime Minister Mark Carney's recent trade mission to China will significantly affect upcoming Canada-U.S. trade negotiations, despite confidence in CUSMA renewal.
The Republican-led U.S. House passed legislation to terminate President Trump's tariffs on Canada, with six GOP defections highlighting his weakening control ahead of midterm elections focused on economic affordability.
The House passed a resolution to end Trump's tariffs on Canada, with Republicans joining Democrats in a rare rebuke. The move faces hurdles in the Senate and a likely veto.
The U.S. House of Representatives has approved a resolution to terminate the tariffs imposed by former President Donald Trump on Canadian goods, marking a significant step in trade relations.