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The U.S. Is Banning Canadian Booze on Sept. 29 — Here's What It Means for Ontario's $1-Billion Industry

  LCBO shelves have been missing American bourbon and Napa wine since March 2025. In three weeks, the trade war flips direction — and this time it's Canadian producers, and the roughly 20,000 Ontarians who work for them, absorbing the hit. What's actually changing on Sept. 29 On Sept. 8, President Trump signed proclamations that ban a wide range of Canadian alcohol from entering the United States, effective 12:01 a.m. Eastern on Sept. 29. It's a different kind of measure than the tariffs Canadians have gotten used to reading about this year — this isn't a price increase, it's a door closed. Packaged beer, wine, cider, and spirits (including whisky, vodka, gin, rum, tequila and mezcal) are covered, alongside whey products, molasses, non-alcoholic beer, and larger motorcycles. Canadian alcohol previously imported but not yet cleared for consumption before Sept. 29 stays under the existing 50% duty instead of the outright ban. The White House's proclamation points ...
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How to Invest Wisely in 2024: A Guide for Long-Term Success

As the year 2023 comes to an end, many investors may be tempted to review their portfolio performance and make changes based on the latest market trends. However, this may not be the best strategy for achieving long-term financial goals. Instead, investors should focus on the big picture and stick to their investment plan, regardless of short-term fluctuations.

According to experts, there are several benefits of adopting a long-term perspective when investing. First, it can help investors avoid emotional reactions to market volatility, which can lead to costly mistakes. Second, it can reduce the impact of fees and taxes, which can erode returns over time. Third, it can allow investors to take advantage of compound interest, which can significantly boost their wealth in the long run.

To invest for the long term, investors need to have a clear vision of their objectives, risk tolerance, and time horizon. They also need to diversify their portfolio across different asset classes, sectors, and regions, and rebalance it periodically to maintain their desired allocation. Moreover, they need to review their portfolio regularly and make adjustments only when necessary, such as when their circumstances change or when their investments deviate significantly from their expectations.

By following these principles, investors can increase their chances of achieving their financial goals and enjoy a prosperous new year.

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