Skip to main content

Featured

5 Things to Know Today: Retaliation Tariffs Set for Sept. 8

  Sunday, August 23, 2026 — Here's what's moving Canadian wallets today, from Ottawa's retaliation date to a fresh record for gold. 1. Canada's retaliation tariffs now have a date: Sept. 8 Prime Minister Mark Carney confirmed Saturday that Canada's "dollar for dollar" response to the new U.S. 50% tariffs will take effect Tuesday, September 8 — the day after Labour Day. Six sectors are named so far: steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics. Ottawa hasn't released the exact tariff rate or the product list yet, saying more details — including a promised support package for affected workers and businesses — are coming "in the coming days." What it means for you: If you buy imported appliances or electronics, or shop U.S. grocery brands in the newly named categories, price watch starts now — but nothing changes at the till until Sept. 8 at the earliest. 2. Markets face their first real test Monday Friday...
Post a Comment
Read more

article

Labels

Trudeau and Trump Meet in Florida Amid Tariff Tensions


In a high-stakes diplomatic encounter, Canadian Prime Minister Justin Trudeau met with U.S. President-elect Donald Trump at Mar-a-Lago in Florida on Friday evening. The dinner meeting came just days after Trump announced his intention to impose sweeping tariffs on Canadian and Mexican products, a move that has sparked significant concern on both sides of the border.

Trump has pledged to implement a 25% tariff on all goods entering the United States from Canada and Mexico as one of his first executive orders. This decision, he claims, is aimed at curbing the flow of drugs and illegal migrants across the borders. Trudeau, in response, has warned that such tariffs would not only harm Canadian businesses but also raise prices for American consumers and disrupt the North American trade pact.

The dinner, which included key figures from both administrations, was described as a "positive wide-ranging" discussion that lasted three hours. Topics covered included trade, border security, and the ongoing issues related to fentanyl and migration. Despite the tension, both leaders expressed a willingness to work together to address these challenges.



Labels:

Comments

Post a Comment