In a significant blow to Canada, Donald Trump has announced that he will impose 25 percent tariffs on all imports from Canada and Mexico as soon as he takes office as President of the United States in the new year. This move is expected to cause major damage to Canadian businesses, jobs, and the economy, as the United States is Canada's largest trading partner. The impact can be gauged by the fact that in 2023, Canada's exports to the United States totaled $593 billion, which accounted for more than 77 percent of Canada's total exports. Trump has warned that the tariffs will remain in place un

Prime Minister Justin Trudeau is defending his government's record on supporting national defence, following fresh criticism that Canada is failing to live up to its NATO defence-spending commitments. Speaking at the 70th annual session of the NATO parliamentary assembly in Montreal, Trudeau said his government stepped up "big time" after it came to power. He said the country is now on a "clear path" to spend the equivalent of two per cent of GDP on defence by 2032, something Canada committed to spend annually at the 2023 NATO summit in Vilnius, Lithuania. The Trudeau government is coming unde

Canada Post says it lost $315 million before tax in the third quarter compared with a loss before tax of $290 million a year earlier. The corporation says revenue growth in its direct marketing did not make up for a drop in its parcels results. The financial results come as Canada Post deals with a shutdown of its operations due to a strike by about 55,000 workers across the country. The two sides have been negotiating over wages, job security, working conditions and other issues. The Canada Post Group of Companies, which includes its Purolator Holdings Ltd. subsidiary, lost $252 million befor

Canadians are receiving significant relief as Prime Minister Justin Trudeau announced a two-month GST exemption on various items, including restaurant food and children's toys. The Prime Minister stated that Canadians will no longer have to pay sales tax on Christmas trees, children's toys, and restaurant meals. Additionally, Trudeau mentioned that his government will issue $250 cheques to many Canadians next year. These payments will be issued to all Canadians with an income of up to $150,000 after taxes in 2023, benefiting approximately 18.7 million individuals under the Working Canadians E

Canada has tightened security screening for passengers flying to India. In addition, reports indicate that Air Canada has instructed passengers traveling to India to arrive at the airport at least 4 hours before their scheduled departure time. Federal Transport Minister Anita Anand stated that the decision to tighten security screening was made out of an abundance of caution and is temporary. However, the specific reason for the decision was not provided. In October, an Air India flight from New Delhi to Chicago made an emergency landing at Canada's Iqaluit Airport due to a bomb threat, thoug

Russian President Vladimir Putin on Tuesday signed a revised nuclear doctrine declaring that a conventional attack on Russia by any nation that is supported by a nuclear power will be considered a joint attack on his country. Putin’s endorsement of the new nuclear deterrent policy comes on the1,000th day after he sent troops into Ukraine on Feb. 24, 2022. It follows U.S. President Joe Biden’s decision to let Ukraine strike targets inside Russia with U.S.-supplied longer-range missiles. The signing of the doctrine, which says that any massive aerial attack on Russia could trigger a nuclear

Prime Minister Justin Trudeau is set to meet with U.S. President Joe Biden at the G20 summit in Brazil today. The meeting will take place a day after The Associated Press reported that Biden has authorized Ukraine to use U.S.-supplied long-range missiles to strike deeper inside Russia. Trudeau is also scheduled to meet today with Japanese Prime Minister Shigeru Ishiba and Mexican President Claudia Sheinbaum, for the first time since each took office. Over the weekend, Trudeau voiced concerns about high levels of Chinese investment in Mexico coming at a time when the U.S. seeks to combat some

Canada Post workers are on strike after failing to reach a negotiated agreement with their employer.Canadian Union of Postal Workers says approximately 55-thousand workers are striking, claiming little progress has been made in the bargaining process. The Canadian Union of Postal Workers issued a 72-hour strike notice earlier in the week, saying it's been asking for fair wages, safer working conditions and other improvements over nearly a year of bargaining. The Crown corporation released a statement early Friday morning confirming that customers will experience delays as a result of the stri

Prime Minister Justin Trudeau is set to leave this afternoon for the APEC summit in Lima, Peru, followed by the G20 summit in Rio de Janeiro, Brazil. Both summits aim to improve the multilateral institutions that have drawn skepticism from U.S. president-elect Donald Trump. In Peru, Trudeau will take part in meetings of the Asia-Pacific Economic Cooperation group, which largely involve resolving barriers to trade and forming better links across the Pacific Rim. On Saturday, the prime minister will leave for Brazil for the G20 summit, for discussions ranging from the war in Ukraine to artifici