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Economy, Law & Politics

Carney warns of signs that global economies are slowing amid Trump's tariffs

Carney warns of signs that global economies are slowing amid Trump's tariffs

OTTAWA — Prime Minister Mark Carney said there are signs the global and Canadian economies are slowing as U.S. President Donald Trump's trade war escalated again Friday, with China announcing it will push up retaliatory tariffs to 125 per cent.
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Canadian, U.S. markets close higher, capping off topsy turvy week

Canadian, U.S. markets close higher, capping off topsy turvy week

Canadian and U.S. stocks closed higher Friday, capping off a tumultuous week that saw nausea-inducing drops and intense spikes driven largely by tariff headlines out of the United States.
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‘It’s very grim’: Duty-free shops see sales plummet as travellers shun U.S.

‘It’s very grim’: Duty-free shops see sales plummet as travellers shun U.S.

MONTREAL — Philippe Bachand was in his mid-20s when he helped open his family’s duty-free store an hour south of Montreal.
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Most Canadians say they expect to feel U.S. tariffs, want Canada to fight back: poll

Most Canadians say they expect to feel U.S. tariffs, want Canada to fight back: poll

OTTAWA — A new poll suggests 60 per cent of Canadians say they will personally feel the effects of U.S. tariffs — and most believe Canada should fight back.
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Kirk LaPointe: ABC Vancouver stumbles into A Brutal Clobbering

Kirk LaPointe: ABC Vancouver stumbles into A Brutal Clobbering

After 2022’s clean sweep, Mayor Ken Sim’s party is unraveling under the weight of broken promises and internal discord
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B.C. premier tells government to cancel American contracts 'wherever viable'

B.C. premier tells government to cancel American contracts 'wherever viable'

U.S. President Donald Trump has served up "special, derogatory" treatment for Canada in the latest salvo in his global trade war, British Columbia Premier David Eby said. Eby said Thursday that B.C.
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Metro Vancouver defers $1.1B in spending, warns of tighter water use

Metro Vancouver defers $1.1B in spending, warns of tighter water use

Regional district is looking to provide short-term property tax and fee relief for households
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North American stocks end deep in the red on U.S.-China tariff worries

North American stocks end deep in the red on U.S.-China tariff worries

TORONTO — North American markets posted more losses Thursday, reversing some of what they gained in a rally the day before, after the White House said tariffs on China are even higher than previously announced at 145 per cent.
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Trump's tariff turnaround shows he's vulnerable to pressure, says former negotiator

Trump's tariff turnaround shows he's vulnerable to pressure, says former negotiator

Canada's former top trade negotiator said Thursday that if nations around the world co-ordinate their responses to Donald Trump's global trade war, the U.S. president would be more likely to back away from tariffs sooner.
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S&P 500 sinks 3.5% as Wall Street swings from euphoria back to worries about US-China trade war

S&P 500 sinks 3.5% as Wall Street swings from euphoria back to worries about US-China trade war

NEW YORK (AP) — U.S. stocks surrendered a chunk of their historic gains from the day before as President Donald Trump’s trade war continues to threaten the economy. The S&P 500 fell 3.5% Thursday. The Dow Jones Industrial Average dropped 2.
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