National Business

BRUSSELS (AP) — Major trade partners swiftly hit back at President Donald Trump’s increased tariffs on aluminum and steel imports, imposing stiff new taxes on U.S products from textiles and water heaters to beef and bourbon.

FREDERICTON — Nearly seven years after the New Brunswick government went to the Supreme Court to prevent the free movement of alcohol across the country, Premier Susan Holt says the tariff war with the United States is forcing the province to rethink

HONOLULU (AP) — In a story published Aug. 14, 2024, The Associated Press reported Wally Amos died of complications from dementia, according to his children.

SAULT STE. MARIE, Ont. — Algoma Steel Group Inc. reported a net loss of $66.5 million in its third and final quarter last year, compared with a loss of $84.8 million a year earlier. The Sault Ste. Marie, Ont.

More pain is on tap for craft breweries, homebuilders and manufacturers as U.S. tariffs on imported aluminum — and the counter-levies Canada is lobbing back — drive up costs.

WASHINGTON (AP) — In what he called the “most consequential day of deregulation in American history,” the head of the Environmental Protection Agency announced a series of actions Wednesday to roll back landmark environmental regulations, including r

CALGARY — WestJet Airlines says it has delayed a flight from Calgary to Ottawa due to a security concern. WestJet did not say it was cancelled, but the Calgary International Airport departures board indicated it had been in the early afternoon.

SASKATOON, Sask. — Saskatchewan Premier Scott Moe says the province is working on a plan that would help keep steelworkers employed in response to U.S. tariffs.

TORONTO — Canada's main stock index rose Wednesday while U.S. markets were mixed, after 25 per cent tariffs on U.S. imports of steel and aluminum officially kicked in and the Bank of Canada cut its key lending rate by a quarter-point to 2.

OTTAWA — Prices will rise, the economy will suffer and the Bank of Canada can't lower interest rates enough to shield Canadians from the worst impacts of a prolonged trade war with the United States.