Uday Rana

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Canada will match Trump’s 25% auto tariffs, Carney says

Canada will match Trump’s 25% auto tariffs, Carney says

Canada is imposing counter-tariffs that will match U.S. President Donald Trump’s tariffs on vehicles while trying to incentivize automakers to stay put and promising more aid for auto workers, Prime Minister Mark Carney said Thursday. Carney said Canada will respond by matching the U.S. approach, with 25 per cent tariffs on all vehicles imported from the United States that are...

Trump reveals ‘global baseline’ tariffs, Canada’s impact unclear

Trump reveals ‘global baseline’ tariffs, Canada’s impact unclear

U.S. President Donald Trump on Wednesday announced he is signing an executive order for so-called ‘reciprocal tariffs’ Wednesday, a move that could launch the biggest global trade war in almost a century. However, the impact on his closest trading partner Canada is unclear. Holding up a chart in front of a gathered crowd, Trump said China was at top of...

Bank of Canada cuts interest rate as Trump’s trade war intensifies

Bank of Canada cuts interest rate as Trump’s trade war intensifies

The Bank of Canada on Wednesday cut its key interest rate, a move that comes just hours after U.S. President Donald Trump issued new steel and aluminum tariffs against Canada.The central bank cut its benchmark rate by 25 basis point, bringing it down to 2.75 per cent. This was the bank’s seventh consecutive interest rate cut.

Trump says steel, aluminum tariffs will soar after Ontario electricity tax

Trump says steel, aluminum tariffs will soar after Ontario electricity tax

U.S. President Donald Trump said steel and aluminum tariffs on Canada will go up to 50 per cent, in response to Ontario’s decision to impose a 25 per cent tariff on electricity imports to the U.S. “Based on Ontario, Canada, placing a 25% Tariff on ‘Electricity’ coming into the United States, I have instructed my Secretary of Commerce to add...

Trudeau to meet premiers as Trump tariff uncertainty continues

Trudeau to meet premiers as Trump tariff uncertainty continues

Sweeping tariffs could hit Canada’s economy as early as next week, even as government leaders and labour groups meet to discuss further steps amid the uncertainty. Trudeau’s itinerary for Wednesday said he “will host a virtual meeting with provincial and territorial premiers.” The prime minister will also chair a meeting of the federal cabinet, though the Prime Minister’s Office did...

Trump threatens Canadian cars with tariffs up to 100%

Trump threatens Canadian cars with tariffs up to 100%

As Canada braces for 25 per cent U.S. tariffs on steel and aluminum, U.S. President Donald Trump says he is considering an additional tariff on Canadian-made cars, which could be as high as 50 to 100 per cent.In an interview with Fox News on Monday, Trump said Canada “stole” the automobile industry from the United States.

Canada braces for Trump’s threatened tariffs as Ottawa vows response

Canada braces for Trump’s threatened tariffs as Ottawa vows response

It remains to be seen whether the Trump administration will impose tariffs on Canadian and Mexican goods Saturday. This comes after weeks of U.S. President Donald Trump repeatedly warning Mexico and Canada — two of the United States’ top trading partners — he will impose tariffs if the two countries do not end fentanyl trafficking and the flow of migrants...

Most Canadians now want early election as Trudeau support drops again: poll

Most Canadians now want early election as Trudeau support drops again: poll

As the Liberal government grapples with political upheaval following the exit of Chrystia Freeland from the federal cabinet, a new Ipsos poll shows most Canadians now want an early election. That comes as support for Conservatives is surging and support for the Liberals is at a near-historic low this week — putting Prime Minister Justin Trudeau just one point above...

Poilievre seen as best leader to deal with Trump: Ipsos poll

Poilievre seen as best leader to deal with Trump: Ipsos poll

Conservative Leader Pierre Poilievre is seen as Canada’s best option in dealing with an incoming Trump administration and progressive voters might be moving from the Liberals to the NDP, a new Ipsos poll suggests. Ipsos polling done exclusively for Global News and released Tuesday shows Liberal support has dropped five points, down to 21 per cent, since September and is...

Poilievre’s 2nd non-confidence motion against Trudeau government fails

Poilievre’s 2nd non-confidence motion against Trudeau government fails

Prime Minister Justin Trudeau’s government survived a second attempt by the Conservatives to topple it with a non-confidence motion in the House Commons on Tuesday, with the NDP and the Bloc Quebecois voting against the Conservative motion. The motion was voted down by 207 MPs with 120 voting for it on Tuesday. On Sept. 25, MPs had voted down the...

Canada’s consul general will not be at meeting on ‘Billionaires’ Row’ condo sale

Canada’s consul general will not be at meeting on ‘Billionaires’ Row’ condo sale

Canada’s consul general in New York, Tom Clark, will not attend a parliamentary committee meeting probing the decision to buy a $9-million condo in Manhattan, Global Affairs Canada says.“Consul General Clark is unavailable on the date initially proposed,” GAC said in a statement, referring to a Government Operations and Estimates committee meeting scheduled for Tuesday morning.

Ontario seals $357M housing deal with feds. Here’s what it could mean

Ontario seals $357M housing deal with feds. Here’s what it could mean

The federal government and the government of Ontario have reached a $357-million deal under the National Housing Strategy.The two levels of government had publicly disagreed over what kind of housing needs to be built, with Ontario Premier Doug Ford ruling out a province-wide fourplex policy.

The Trudeau Liberals had a tough year. What will they do in 2024?

The Trudeau Liberals had a tough year. What will they do in 2024?

When Justin Trudeau went in to huddle with his cabinet in Prince Edward Island in August this year, he had his work cut out for him as anger over housing and affordability in Canada grows. Fatigue with an administration now in its eighth year seemed to be setting in, as multiple polls have suggested. In Charlottetown, Trudeau tasked his cabinet...