US President Donald Trump has threatened to impose an additional 10% tariff on goods imported from China, citing concerns over the fentanyl crisis. He stated that the tariff is being considered because China sends fentanyl to Mexico and Canada. Fentanyl, a synthetic drug, is responsible for thousands of deaths annually in the US and Canada. In response, Chinese Foreign Ministry spokesman Mao Ning said on Wednesday that China believes there are no winners in a tariff or trade war and will firmly protect its interests. Notably, during his 2024 election campaign, Trump had threatened to impose t

NDP Leader Jagmeet Singh has criticized Conservative Party Leader Pierre Poilievre for receiving support from Elon Musk. Speaking at an event in Toronto, Jagmeet Singh said that Musk knows that if anyone in Canada will not challenge his tariffs, it is Poilievre. Jagmeet Singh further stated that Musk will not support him because he knows that he does not back billionaires. It is worth noting that Elon Musk recently praised Poilievre on social media, expressing his support. Musk had reposted Poilievre's tweets and commended his speech and the way he interacted with the media. Additionally, Mus

Prime Minister Justin Trudeau has expressed hope for collaboration with U.S. President Donald Trump. Speaking to reporters after a two-day cabinet meeting in Montebello, Quebec, Trudeau emphasized that a strong partnership between Canada and the U.S. is essential for progress on both sides of the border. Trudeau highlighted that to achieve a “golden age” for America, President Trump would need Canada’s resources, including affordable energy, steel, aluminum, and critical minerals. He also stressed the mutual benefits of cooperation, particularly in trade and economic growth. However, Tr

Canada’s Immigration, Refugees and Citizenship Canada (IRCC) has announced plans to cut approximately 3,300 jobs over the next three years, representing about a quarter of its workforce. The department says the move is aimed at reducing costs to align with lower immigration levels and returning staff numbers to pre-COVID levels. On Monday, the department informed employees via email about the budget cuts and their potential impact on staff. However, it remains unclear which employees will be affected. Notifications to impacted employees are expected to begin in mid-February. IRCC also state

Canada’s annual inflation rate fell to 1.8 per cent in December, thanks in large part to the federal government’s temporary tax break. Statistics Canada’s consumer price index report on Tuesday said restaurant food purchases, and alcohol bought from stores contributed the most to the deceleration. The federal government introduced a temporary pause on taxes to those items in mid-December, along with tobacco and cannabis products, clothing, and some toys, among others. Without the tax break, Statistics Canada said the annual inflation rate would have risen to 2.3 per cent. Growth in groce

U.S. President Donald Trump suggested his administration could move ahead with with 25 per cent across-the-board tariffs on Canadian imports on Feb. 1. He delivered the deadline on Monday evening at the White House as he signed a stack of unrelated executive orders. The February date comes after Trump officials, speaking anonymously, suggested to reporters that the Republican president would only sign a memorandum telling federal agencies to study trade issues, including alleged unfair trade and currency practices by Canada, Mexico and China. An executive order from the president late Monday

Prime Minister Justin Trudeau has congratulated Donald Trump on his inauguration as President. Trudeau stated that Canada and the United States have been the world’s most successful economic partners and that there is an opportunity to work together once again to create more jobs and prosperity in both countries. Trudeau emphasized that Canada will be stronger when working together with the U.S. He expressed eagerness to collaborate with Trump. At the same time, leaders and notable figures from around the world, including Indian Prime Minister Narendra Modi, have congratulated Trump on his

Donald Trump has announced several significant steps he plans to take immediately upon assuming office as President of the United States. Among these, he proposed the creation of a new federal agency, the ‘External Revenue Service’ to oversee the collection of tariffs, duties, and revenues from foreign sources. In addition, Trump pledged to intensify efforts against illegal immigration, including implementing mass deportations. He also stated his intention to declare a national emergency at the southern border to strengthen border control measures. President Trump also announced the aboli

Donald Trump has returned to the White House as the 47th President of the United States. He took the oath of office today at the Capitol in Washington, DC, with Chief Justice John Roberts administering the ceremony. Due to the bitter cold in the capital, the swearing-in ceremony was held indoors at the Capitol for the first time in 40 years, departing from the tradition of taking the oath in the open air on the National Mall. Joe Biden and Barack Obama also attended Donald Trump's swearing-in ceremony. Before him, JD Vance took the oath as Vice President. JD Vance’s wife, Usha Chilukuri Vanc