Economy, Law & Politics

OTTAWA — Canada's merchandise trade surplus in January rose to its highest level since May 2022, as both exports and imports surged in the face of tariff threats by the United States.

OTTAWA — Foreign Affairs Minister Mélanie Joly's office confirms she has briefed Liberal leadership candidate Mark Carney on President Donald Trump’s tariffs days ahead of Sunday's leadership vote this week.

WASHINGTON — The Big Three automakers were able to secure a month-long tariff exemption on Wednesday after a conversation with U.S.

VICTORIA — British Columbia cannot continue to accumulate debt and will "be in trouble" if the province doesn't work toward a balanced budget, its finance minister told a group of business people the day after forecasting another record deficit.

TORONTO — Canada's main stock index rose Wednesday, led by base metals, industrials and technology, while U.S. markets also gained in the afternoon after news that automakers will get a month-long tariff exemption, one day after the U.S.

NEW YORK (AP) — U.S. stocks rallied after President Donald Trump pulled back on some of his tariffs, raising hopes he may avoid a worst-case trade war that grinds down economies and sends inflation higher. The S&P 500 rose 1.

OTTAWA — Canada's industry minister is looking to block what he calls "predatory investment behaviour" as a trade war with the United States continues.