The U.S. Treasury last year swelled with revenue from President Donald Trump's double-digit taxes on imports from almost every country on earth. But the money dried up after the Supreme Court struck down the biggest and boldest of Trump's tariffs in February. The question now is: Can the president's trade team make good on its promise to replace the lost...
U.S. Trade Rep. Jamieson Greer says he’s “given lots of proposals to the Canadians.” Prime Minister Mark Carney is facing growing criticism at home over stalled U.S.-Canada trade talks, and fresh comments from the Trump administration suggest his concessions have done little to move Washington. There hasn’t been “a lot” of movement in bilateral negotiations with Canada, U.S. Trade Representative...
Raise a glass to Doug Ford, and most of his fellow premiers, for continuing to keep American liquor off our shelves. Because if there was somehow any doubt that we need to hold on to any sliver of leverage against Donald Trump, as trade negotiations heat up, it was erased by the way his hostage-taking of the Gordie Howe bridge...
The federal government has gone from a C student to top of the class in its work to advance internal trade between provinces, says the Canadian Federation of Independent Business. In the federation's latest annual report card on internal trade, the federal government jumped to an A-plus from the C grade it got in 2025. The report card released Wednesday...
One observer said on CUSMA, Canada has to propose something that allows Trump to take the credit ‘without doing something that’s bad’
The Gordie Howe International Bridge should have been the easiest file in Canada-U.S. relations. Canada paid roughly $6.4 billion to build the bridge. Michigan received a new international crossing, customs facilities and a direct Interstate 75 connection without paying the construction bill. American workers, contractors and steel producers benefited. Automakers gained a badly needed alternative to the aging Ambassador Bridge...
In a week that saw Toyota announce it’s moving some production from Mexico to the U.S., and a new KPMG survey finding four in 10 Canadian manufacturers have moved operations to the U.S. or are planning to do so, an international trade lawyer expects bigger manufacturing moves like Toyota’s on the horizon for Canada. On Monday, Toyota said it will...
Canada’s political and media spheres seem to have developed an unhealthy obsession with the CUSMA. Will it survive the whims and shifting moods of the US president? Will we ever regain the level of access to the American market that we took for granted just a few years ago? What price will we have to pay to preserve what remains...
As the ongoing war in the Middle East continues to devastate energy supply chains in Asia, Japan’s top diplomat to Canada says his country sees enormous potential in Canadian oil as Prime Minister Mark Carney seeks to turn his energy superpower ambitions into reality. Ambassador Kanji Yamanouchi sat down with CTV Chief Political Correspondent Vassy Kapelos following Carney’s announcement last...
The U.S. ambassador to Canada says there is plenty of blame to share on both sides of the border for the souring of the Canada-U.S. relationship and the deterioration of the free trade deal between the two countries. Pete Hoekstra says “irritants” and “tensions” need to be addressed before talks can resume on renewing the Canada-United States-Mexico Agreement (CUSMA), which...
A new automaker has entered Canada’s electric vehicle market giving some consumers looking to purchase a new vehicle more options. Lotus, owned by the Chinese Geely Group, recently shipped its first Eletre EVs to Canada under a Canada-China deal signed in January. The premium SUV, made in Wuhan, is the first Chinese-owned and Chinese-built EV available for sale in Canada...
The Canadian government told the Trump administration new legislation combating forced labour in supply chains should shield Canada from new tariffs. In a written submission to the United States Trade Representative's office, the Government of Canada said it "remains committed to working closely with the United States to eradicate forced labour from global supply chains." "In light of Canada's existing...
A Republican lawmaker in Washington is firing back at Canadian provinces for retaliating against U.S. President Donald Trump's tariffs by banning the sale of U.S. alcohol. Claudia Tenney, a member of the House of Representatives whose district includes parts of northern New York, has introduced a bill aimed at punishing Canada over restrictions on U.S. alcohol imports imposed by eight...
Donald Trump has often been described as unpredictable. And that’s true — but when he chose not to renew the CUSMA trade deal, no one could claim to be surprised. The Canada-United States-Mexico Agreement could have been renewed by all three parties on its existing terms for an additional 16 years. Having announced this week that it would not be...
Days after the Trump administration decided to require annual reviews of the Canada-United States-Mexico Agreement instead of renewing it in its current form until 2042, the Canadian government says significant uncertainty remains over the next steps in trade negotiations. "We don't have any more predictability about the annual review process because this is somewhat uncharted territory. It's not typical for...
'Hopefully on a number of these issues we reach resolution sooner rather than later,' U.S. ambassador said. The U.S. envoy to Canada says 14 months of trade talk between Canada and the Trump administration has resolved few issues, but insists the Americans will keep talking in the hopes of striking an agreement on the future of CUSMA, as well as...
The United States’ top trade official is pointing to Canada’s deepening economic ties with China as one of the reasons Washington is refusing to renew the Canada-U.S.-Mexico Agreement on free trade (CUSMA) in its current form. Speaking to Global News on Thursday, U.S. Trade Representative Jamieson Greer said the White House is concerned Beijing could use Canada as a back...
Canada and the Philippines signed agreements today on energy, natural resources, labour and tourism, during a high-level visit in Vancouver. Prime Minister Mark Carney welcomed Philippine President Ferdinand Marcos Jr. to Canada, in the first visit of the country's head of state in more than a decade.
The United States Trade Representative Jamieson Greer says the U.S. is not renewing the Canada-U.S.-Mexico Agreement "in its current form" — but the trade agreement will remain in place as negotiations continue. "The United States will continue to engage with Mexico and Canada to address the Agreement’s shortcomings and our trade deficits with these countries," Greer said in a statement...
Prime Minister Mark Carney says he doesn’t expect any resolution Wednesday to the ongoing talks about whether to renew or review the Canada-U.S.-Mexico Agreement. “We’re expecting a constructive exchange,” Carney told reporters in Kuujjuaq, Que. on Tuesday ahead of an Inuit–Crown Partnership Committee meeting. “I wouldn’t expect any drama tomorrow. I’m not looking for my pen.”...
A key date for a critical trade agreement will come and go this week as the United States under President Donald Trump continues to push for concessions from its closest neighbours. The United States is set to officially inform Canada and Mexico on Wednesday its intentions for the continental trade agreement, known in Canada as CUSMA -- and all signs...
President Donald Trump keeps saying he wants to walk away from the $1 trillion-plus North American trade deal he negotiated in his first term. Nobody believes he will.
China’s BYD has emerged as one of the most consequential companies in the global automotive transition. Once known primarily as a battery producer, it is now the world’s largest seller of battery-electric vehicles and a major producer of plug-in hybrids, batteries, and energy-storage systems. BYD’s combination of low-cost vehicles, technological innovation, and control over much of its supply chain has...
Paradoxically, history suggests things go best politically for Premier Doug Ford when things are at their most uncertain for Ontario. Ford’s performance during the first years of the COVID-19 pandemic — when Ontario recorded fewer deaths per capita than neighbouring Quebec, Manitoba, New York and Michigan — ensured his Progressive Conservatives were easily re-elected in 2022.
Canada's former chief trade negotiator says he doesn't expect Ottawa to reach a tariff deal with Washington before the U.S. midterm elections. Steve Verheul says while there could be a window ahead of the midterms this fall when the U.S. administration is looking for a win, he thinks it's more likely that negotiations stretch into next year. He says he...
U.S. Ambassador to Canada Pete Hoekstra insists U.S. President Donald Trump is not taking aim at Canada with his tariff policy and past comments about not needing anything from one of its closest allies. “We put tariffs on every country in the world. We did not take aim at Canada,” Hoekstra said in an exclusive broadcast interview with CTV News...
B.C. Premier David Eby spoke with the media on Saturday before catching a flight to China in hopes of diversifying trade relationships. Eby said this trip, among others to Japan, South Korea, and Singapore, is part of a provincial goal to double international trade in the next decade. “We want to double our international trade beyond where it is right...
Prime Minister Mark Carney says Canada will work with the United States and Mexico to “modernize” the trilateral trade deal known as CUSMA, but won’t accept a bad deal from U.S. President Donald Trump. “We could sign a bad deal this afternoon. We could have signed a bad deal a year ago. We’re not going to sign a bad deal...
I imagine Mark Carney was something of an autocrat even in the cradle, issuing directives and insulting subordinates from the earliest age. “Yeah, I’m not feeling this WubbaNub. Got any others?” “This is not a helpful suggestion. Go back and rework it to a different nap time.”
Record participation in a team-Canada trade mission to Japan has resulted in more than $1 billion in commercial investments signed between Canadian and Japanese companies. On Thursday, International Trade Minister Maninder Sidhu beamed as he watched executives from more than a dozen companies participate in signing ceremonies. Sidhu said the historic trade mission has delivered “landmark results” resulting in over...
International Trade Minister Maninder Sidhu says more relief from Beijing’s tariffs that remain on Canadian canola, peas and seafood will be on the negotiating table when he meets with his Chinese counterpart in the fall. The meeting will likely take place in November in Shenzhen, GD. the site of this year’s Asia-Pacific Economic Cooperation Summit (APEC) hosted by China. Earlier...
Only 27% think - in the end - Canada will be worse off than before the Trump tariff conversation started. For more than a year, Canadians have paid a great deal of attention to the Trump Administration and the trade conversation the US President has triggered with his wave of tariffs and talk of annexation.
Only 27% think - in the end - Canada will be worse off than before the Trump tariff conversation started. For more than a year, Canadians have paid a great deal of attention to the Trump Administration and the trade conversation the US President has triggered with his wave of tariffs and talk of annexation.
Canada's goal of boosting trade with countries outside the United States could be thwarted by its new pesticide rules, a senator warns. Bill C-30, an omnibus bill implementing the spring economic update, passed both the House of Commons and the Senate last week. The legislation includes a change to Canada's Pest Control Products Act that allows cabinet to override Health...
With little more than a week before the July 1 deadline to either renew or review the Canada-U.S.-Mexico Agreement, U.S. Ambassador to Canada Pete Hoekstra says officials are nowhere near the finish line. “We’re not anywhere close to announcing any type of a framework or an interim agreement,” Hoekstra told CTV News chief political correspondent Vassy Kapelos in a wide-ranging...
Industry Minister Melanie Joly said she has made it clear to four Chinese electric vehicle makers that getting more access to the Canadian market will require them to “build where you sell.” But as she courts Chinese EV manufacturers to build another lifeline for the domestic auto industry as it buckles under the uncertainty of the CUSMA review, Japanese auto...
A record-setting number of Canadian executives are in Tokyo this week to participate in what has become the largest Team Canada trade mission in the Indo-Pacific region. Nearly 300 people representing 175 Canadian companies will gather at the Sheraton Miyako hotel in downtown Tokyo to network with Japanese executives. The Canadians have one goal in mind: to forge partnerships in...
Canadian officials will meet their Mexican and American counterparts on July 1 for the first tri-lateral meeting to review the Canada-U.S.-Mexico (CUSMA) agreement, a spokesperson for Canada-U.S. Trade Minister Dominic Leblanc confirmed. In a statement to CTV News, the spokesperson said Leblanc is looking forward to meeting with his U.S. and Mexican counterparts on July 1, “as prescribed in the...
With less than two weeks to go until the formal review of the United States-Mexico-Canada Agreement, one thing has become clear: There will be no 16-year extension of the trade treaty on July 1. Mexico and the U.S. have already scheduled a third round of negotiations for late July, three weeks after the review date. Canada and the U.S. have...
They were the kind of words a parent might say to convince a child scrunching his nose at his birthday present that it’s really what he wanted: “I thought you’d actually like that.” In this case, the Prime Minister of Canada was speaking to the President of the United States. Mark Carney was trying to convince Donald Trump that a...
U.S. President Donald Trump said Wednesday that he would rather not have the Canada-U.S.-Mexico Agreement in place and offered a confusing message on the trade pact's future. "We do better without that agreement," Trump told reporters in France, where he was attending the G7 summit. The continental trade agreement, known in Canada as CUSMA, is up for mandatory review but...
In the inevitable hot-mic moment at this week’s G7 in Evian, France, Prime Minister Mark Carney summarized for President Donald Trump Canada’s new electric vehicle arrangement with China. Carney is overheard reassuring Trump that there’s a cap of 49,000 Chinese EVs imported under the deal. But the real story of how China’s global auto-industry ambitions are playing out in Canada...
Canada-U.S. Trade Minister Dominic LeBlanc said talks with his American counterpart on a critical continental trade pact are not a "one-way conversation" as the United States continues to signal it will not rubber-stamp an extension. LeBlanc and Chief Trade Negotiator Janice Charette met with United States Trade Representative Jamieson Greer on the sidelines of the G7 in France on Tuesday...