• How U.S. border state midterm races are shaping up amid ‘insane tariffs’

    Source: Global News Politics
    Date: 2026-11-02 20:12:12.0
    Tags: [National, Trade, Economy, Industry]

    U.S. President Donald Trump's administration has implemented sweeping 50 per cent tariffs on Canadian goods, impacting cross-border supply chains and becoming a central issue in the U.S. Senate midterm elections across seven border states. In Michigan, Democratic candidate Abdul El-Sayed and Republican Mike Rogers have both addressed the economic fallout of the trade war on integrated auto and steel manufacturing with Ontario. Meanwhile, Maine incumbent Senator Susan Collins wrote to U.S. Commerce Secretary Howard Lutnick warning of higher costs and uncertainty for families and businesses, though she successfully lobbied to exempt road salt from the tariff list.

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  • Commonwealth secretary-general pitches group as 'alternative' to U.S. trade

    Source: CBC Politics
    Date: 2026-11-02 09:00:00.0
    Tags: [National, Trade, Economy, Industry, Resources, Mining]

    Prime Minister Mark Carney is attending the biennial Commonwealth Heads of Government Meeting in Antigua and Barbuda to promote closer economic cooperation and middle-power trade partnerships as an alternative to U.S. markets. Commonwealth Secretary-General Shirley Botchwey announced a goal to double intra-Commonwealth trade from $900 billion to $2 trillion. Canada currently conducts approximately $100 billion in annual trade with Commonwealth partners, which include 56 member states representing a market of 2.7 billion people.

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  • ‘Associate’ EU membership for Canada not a ‘short-term’ project: expert

    Source: Global News Politics
    Date: 2026-10-31 14:54:14.0
    Tags: [National, Trade, Economy, Industry, Defence]

    Prime Minister Mark Carney and European Commission President Ursula von der Leyen concluded a summit in Montreal outlining a timeline to negotiate a new "Canada-EU Alliance for the Future" by the 2027 EU-Canada Summit. Ottawa and Brussels are working toward establishing Canada as the European Union's first "associate member," pursuing deeper economic, industrial, supply chain, and defense integration. The joint statement includes plans to create a new Canada-EU business council, study how to increase liquefied natural gas (LNG) exports to Europe, and develop a transatlantic data cable. While top EU officials aim to conclude negotiations during European Council meetings in June 2027 following upcoming European elections, the initiative faces political friction from member states such as Germany and requires ultimate approval from all 27 EU member states as well as the House of Commons.

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  • Canada finding 'solutions' on EU carbon tariff threat: Carney

    Source: CBC Politics
    Date: 2026-10-30 21:41:25.0
    Tags: [National, Trade, Economy, Environment, Climate, Industry]

    Prime Minister Mark Carney announced progress at the Canada-EU summit in Montreal regarding the European Union's pending carbon border adjustment mechanism (CBAM), which threatens an estimated $2.8 billion in annual Canadian energy-intensive exports like iron ore, steel, aluminum, and cement. Canada's ambassador-designate to the EU, Jonathan Wilkinson, confirmed that diplomatic negotiations are advancing toward having the European Union officially recognize Canada's national and industrial carbon pricing systems. Full implementation of the EU tariff is scheduled for 2034, with compliance reporting requirements slated to take effect by September or October 2027.

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  • Staring down a $40M tariff bill, this American importer is suing Trump to end some tariffs on Canada

    Source: CBC Politics
    Date: 2026-10-30 08:00:00.0
    Tags: [National, Trade, Economy, Agriculture, Industry]

    The U.S. food distributor Gellert Global Group is suing the Trump administration in the U.S. Court of International Trade to overturn a 50 per cent tariff bill estimated at $40 million US on Canadian dairy and food imports. Filed by the Liberty Justice Center, the lawsuit challenges the administration's reliance on Section 338 of the U.S. Tariff Act (Smoot-Hawley Act), arguing the executive branch lacks the statutory authority to impose sweeping punitive tariffs under the guise of foreign trade discrimination. The disputed trade actions affect approximately $80 million US in annual Canadian cheese imports, including products from Mariposa Dairy in Lindsay, Ontario, while domestic dairy processors face supply shortages and potential permanent loss of commercial shelf space.

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  • Joly says she will meet with Stelco owner if company gives 'concrete' plan to bring workers back

    Source: CBC Politics
    Date: 2026-10-29 13:55:47.0
    Tags: [National, Ontario, Economy, Trade, Labour, Industry]

    Federal Industry Minister Mélanie Joly issued a letter to Paul Simon, president of Stelco, stating she will only meet with the company and its American parent firm, Cleveland-Cliffs, if they provide a concrete plan to immediately recall 300 to 350 laid-off workers at the Hamilton steel plant. The dispute follows recent layoffs and public remarks by Cleveland-Cliffs CEO Lourenco Goncalves regarding the rationale behind the 2024 acquisition. Minister Joly is evaluating potential legal action for non-compliance with undertakings under the Investment Canada Act, which require maintaining unionized employee levels at 2024 figures through 2029.

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  • U.S. steel CEO's 'confessions' for buying Stelco prompted government to call its lawyers: industry minister

    Source: CBC Politics
    Date: 2026-10-28 16:11:32.0
    Tags: [National, Ontario, Industry, Labour, Trade, Economy]

    Federal Industry Minister Mélanie Joly stated that department lawyers were consulted following public comments by Cleveland-Cliffs CEO Lourenco Goncalves regarding the acquisition of Hamilton-based steelmaker Stelco. Goncalves admitted in a media interview that Cleveland-Cliffs purchased Stelco in 2024 specifically to prevent it from undercutting U.S. production facilities, prompting Ottawa to review potential legal consequences under the Investment Canada Act. The federal government previously issued a 15-day ultimatum to Cleveland-Cliffs demanding the reversal of announced layoffs at Stelco to maintain unionized employment levels agreed upon through 2029, threatening court action that could include financial penalties or forced divestment.

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  • Canada not near trade deal with U.S. before midterms, Carney says

    Source: Global News Politics
    Date: 2026-10-28 15:11:10.0
    Tags: [National, Trade, Economy, Industry]

    Prime Minister Mark Carney stated that the federal government is not close to reaching a trade agreement with the United States ahead of the November 3 midterm elections. Talks recently resumed at the political level led by Canada-U.S. Trade Minister Dominic LeBlanc, following an August breakdown when negotiations collapsed after the U.S. pushed for restrictions on Canada's trade independence, French language requirements, and its auto sector. In response to stalled talks, U.S. President Donald Trump implemented 50 per cent tariffs on Canadian products, prompting dollar-for-dollar retaliatory tariffs from Ottawa, though discussions are now focusing on easing duties on steel and autos.

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  • United Arab Emirates, Canada to share details of strategic partnership today

    Source: CBC Politics
    Date: 2026-10-27 12:29:28.0
    Tags: [National, Trade, Economy, Industry]

    Prime Minister Mark Carney hosted Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, in Ottawa to finalize details of a strategic partnership and cement trade ties between Canada and the United Arab Emirates. The countries previously concluded negotiations on a free trade agreement in a record 47 days, following an earlier visit by Prime Minister Carney where the United Arab Emirates pledged approximately $70 billion in investments in Canada.

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  • Cleveland-Cliffs says Stelco in 'full compliance' with commitments to Ottawa, wants to meet with Joly

    Source: CBC Politics
    Date: 2026-10-27 12:14:41.0
    Tags: [National, Ontario, Trade, Labour, Industry, Economy]

    Ohio-based parent company Cleveland-Cliffs announced that Stelco is in full compliance with its 34 undertakings under the Investment Canada Act, following a demand letter from Industry Minister Mélanie Joly giving the company a 15-day deadline to reverse 300 to 350 layoffs in Hamilton and 50 layoffs at the Lake Erie Works in Nanticoke. Despite Cleveland-Cliffs citing U.S. tariffs and the need to ensure company survival for the cutbacks, Joly rejected the rationale and stated that market changes do not relieve the company of its binding commitments. Cleveland-Cliffs requested a meeting with Minister Joly and CEO Lourenco Goncalves to discuss resuming full employment for the affected workers, though the minister has not yet responded.

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  • Canada-U.S. trade talks ‘moving quickly’ at political level ahead of midterms: sources

    Source: Global News Politics
    Date: 2026-10-26 20:43:28.0
    Tags: [National, Trade, Economy, Industry]

    Canada-U.S. trade talks led by Canada-U.S. Trade Minister Dominic LeBlanc are moving quickly at the political level ahead of the U.S. midterm elections on November 3, 2026, though sources express skepticism regarding a finalized deal. Prime Minister Mark Carney stated that Canada maintains strict red lines regarding sovereignty over independent trade agreements and auto/steel tariff structures, declining the previous August proposal. Meanwhile, U.S. President Donald Trump has adjusted specific tariffs—lifting duties on corrugated paper, plastic boxes, and certain agricultural machinery requested by U.S. Senator Susan Collins while imposing new 50 per cent tariffs on sewage sludge and municipal waste alongside duties on cocoa powder, paints, and vinyl flooring.

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  • Canada-U.S. trade talks intensifying but wide gap remains, sources say

    Source: CBC Politics
    Date: 2026-10-26 17:30:50.0
    Tags: [National, Ontario, Trade, Economy, Industry]

    Trade discussions between Canada and the United States have intensified amid the U.S. midterm elections, though Canadian government sources and chief trade negotiator Janice Charette emphasize that a deal is not imminent and a wide gap remains on key elements. U.S. President Donald Trump and National Economic Council Director Kevin Hassett have suggested that progress is being made toward an agreement, while the White House recently removed certain tariffs on Canadian goods to assist U.S. Senator Susan Collins' campaign in Maine. Meanwhile, Ontario Premier Doug Ford stated that a fair deal protecting steelworkers, autoworkers, and manufacturing workers would prompt him to restore American alcoholic beverages to Liquor Control Board of Ontario (LCBO) shelves.

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  • Trump to exempt some Canadian products from tariffs amid midterm pressure

    Source: CBC Politics
    Date: 2026-10-23 18:44:33.0
    Tags: [National, Trade, Economy, Agriculture, Industry]

    U.S. President Donald Trump's administration is poised to lift 50 per cent tariffs—originally imposed in August in retaliation for Canadian countermeasures—on specific Canadian products, including paper and plastic items, refrigeration and packaging equipment, agricultural machinery, and seaweed and algae products. U.S. Republican Senator Susan Collins of Maine announced the impending exemptions following intense lobbying by border-state businesses and agricultural producers, such as Maine blueberry growers reliant on Canadian harvesting boxes and cardboard totes, who faced acute supply shortages and political pressures ahead of the November U.S. midterms. Prime Minister Mark Carney stated that Canada remains open to a mutually beneficial trade agreement with the U.S. that protects Canadian interests, noting the government is under no deadline to rush a deal.

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  • Minister giving Stelco owner 15 days to reverse layoffs before turning to the courts

    Source: CBC Politics
    Date: 2026-10-22 14:15:00.0
    Tags: [National, Ontario, Industry, Trade, Labour, Economy]

    Federal Industry Minister Mélanie Joly issued a 15-day demand letter to Ohio-based parent company Cleveland-Cliffs, threatening legal action under Section 40 of the Investment Canada Act if it does not reverse planned temporary layoffs of up to 500 workers at the Hamilton-based Stelco steel facility. The federal government asserts that the layoffs violate binding commitments made during Cleveland-Cliffs' 2024 acquisition of Stelco to maintain unionized and non-unionized employment levels through 2029. While Cleveland-Cliffs blamed the workforce reductions on U.S. steel tariffs aimed at ensuring the company's survival, Minister Joly dismissed market conditions as a valid reason to break binding investment commitments and warned that legal proceedings could include monetary penalties and a forced divestment from Stelco.

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  • Premier Ford and Prime Minister Carney Launch New Action Plan to Protect Workers from Tariffs and Strengthen Ontario Industries

    Source: Ontario - Premier's Office
    Date: 2026-10-21 19:30:00.0
    Tags: [National, Ontario, Economy, Trade, Labour, Industry, Infrastructure, Mining, Energy]

    The Government of Ontario and the Government of Canada announced a combined $8.7 billion action plan to protect workers and industries from U.S. tariffs. The package includes the Joint Steel Action Fund with $3.55 billion from the federal government and $1.67 billion from Ontario, an additional $2.5 billion over two years for large-scale automotive capital projects (up to $1.5 billion federal and $1 billion provincial), and a federal commitment of up to $1 billion over three years for essential road infrastructure in Northern Ontario’s Ring of Fire region. Additionally, light-duty vehicle greenhouse gas regulations will be maintained at 2026 levels (172 grams per mile) through 2029 to provide trade-related relief to the automotive sector.

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  • Premier Ford and Prime Minister Carney Launch New Action Plan to Protect Workers from Tariffs and Strengthen Ontario Industries

    Source: Ontario - Premier's Office
    Date: 2026-10-21 19:00:00.0
    Tags: [National, Ontario, Economy, Trade, Labour, Industry, Mining, Infrastructure]

    Ontario Premier Doug Ford and Prime Minister Mark Carney announced an $8.7 billion joint action plan to protect workers and industries from U.S. tariffs and global uncertainty. The initiative establishes a $5.22 billion Joint Steel Action Fund ($3.55 billion federal, $1.67 billion provincial), a $2.5 billion automotive manufacturing capital upgrade fund ($1.5 billion federal, $1.0 billion provincial), and a $1 billion federal matching investment for road infrastructure in Northern Ontario's Ring of Fire region. Furthermore, the plan creates bilateral task forces for steel, automotive, and critical minerals, implements tighter trade remedies through the Canada Border Services Agency, and leverages Buy Canadian and Buy Ontario procurement policies.

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  • Carney and Ford set to announce support for workers amid trade war

    Source: Global News Politics
    Date: 2026-10-21 14:47:20.0
    Tags: [National, Ontario, Trade, Labour, Industry, Economy]

    Prime Minister Mark Carney and Ontario Premier Doug Ford are set to announce joint support measures for workers and industries impacted by ongoing United States tariffs. The announcement follows imminent layoffs at Stelco's Hamilton plant after pressure from U.S. tariffs forced production to concentrate at the Lake Erie Works plant in Haldimand. Industry Minister Melanie Joly stated that the federal government is pursuing potential financial penalties and forced divestiture under the Investment Canada Act due to multiple breaches of commitments by Stelco. Additionally, Finance Minister Francois-Philippe Champagne announced that the federal budget will be released on November 5, 2026, following lowered economic growth projections by the Parliamentary Budget Officer of 0.9 per cent for 2026 and 1.5 per cent for 2027.

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  • Carney, Ford to announce funding for clean auto investments: source

    Source: CBC Politics
    Date: 2026-10-21 13:59:35.0
    Tags: [National, Ontario, Economy, Trade, Industry, Environment]

    Prime Minister Mark Carney and Ontario Premier Doug Ford are scheduled to unveil a joint support package on Parliament Hill to assist Canadian auto companies making clean investments. The announcement comes in response to ongoing U.S.-Canada trade tensions—including U.S. tariff threats of up to 50 percent on cars, trucks, auto parts, and steel taking effect January 1, 2027—and addresses Canada's greenhouse gas standards following the U.S. Trump administration's rollback of federal fuel economy standards. Federal industry and finance ministers are expected to join the premier and prime minister for the announcement.

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  • Carney’s Turkish balancing act must include business, defence and human rights

    Source: CBC Politics
    Date: 2026-10-21 08:00:00.0
    Tags: [National, Trade, Defence, Energy, Industry, Economy]

    Prime Minister Mark Carney is undertaking a three-day official visit to Turkey to negotiate a free trade agreement, expand bilateral energy and strategic industry cooperation, and rebuild defence-industrial ties with President Recep Tayyip Erdoğan following the easing of a prior Canadian arms embargo. The bilateral relationship currently involves approximately $4.3 billion in trade, with active discussions focusing on potential commercial opportunities for Candu nuclear reactor technology and joint defense initiatives in ammunition production, drones, and counter-drone systems led by Secretary of State for Defence Procurement Stephen Fuhr. Simultaneously, the diplomatic mission navigates foreign policy challenges regarding Turkey's recent domestic crackdowns on civil society and 2SLGBTQ+ organizations, which test the federal government's stated balance of economic pragmatism and human rights values.

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  • No Canada-U.S. trade deal expected before American midterm elections: sources

    Source: CBC Politics
    Date: 2026-10-20 19:01:56.0
    Tags: [National, Trade, Economy, Industry]

    Canadian government officials have informed industry groups that no Canada-U.S. trade deal is expected before the American midterm elections on November 3, 2026, as the White House remains entirely focused on the campaign. U.S. President Donald Trump has previously threatened to increase tariffs on all cars, trucks, automotive parts, and steel to 50% starting January 1, 2027. Flavio Volpe, president of the Automotive Parts Manufacturers' Association, and former deputy chief of staff Brian Clow noted that bilateral trade tensions and executive-level tariff measures will persist regardless of the midterm electoral outcomes.

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