
News

Tariffs will be ‘devastating’
Farm groups react as U.S. inches closer to tariffs
Canadian farm groups react to Trump tariffs. The Canadian government has announced plans to impose its own tariffs on U.S. imports as soon as the American tariffs go into effect

EMC unveils Canada/U.S. trade relations service
Non-profit asks manufacturers to pose questions, provide answers
Excellence in Manufacturing Consortium is opening its Member Needs Help service to all Canadian manufacturers to help them navigate the U.S./Canada trade crisis.

Canada releases list of tariffed items
Federal goverment to impose tariffs on Feb. 4
The federal government has released a list of items imported from the United States to see 25 per cent tariffs starting on Feb. 4, 2025.

Canada can’t afford to let its food sector be snatched in trade war
It will take political will and investment to maintain a sector vital to Canada’s national security
Canada's food sector was already under stress. Trump's tariff war is another nail in its coffin.

Tyson lifts 2025 sales forecast, prepares for tariff impacts
Strong demand for beef and chicken
U.S. meatpacker Tyson Foods raised its annual sales forecast on Monday as strong demand for beef and chicken helped it exceed first-quarter results estimates, lifting shares three per cent.

Markets tumble over Trump tariffs, world leaders brace for his next moves
Global financial markets fell on Monday over tariffs imposed on Canada, Mexico and China by U.S. President Donald Trump, while world leaders steeled themselves to respond to his next moves, with the European Union in the firing line.

Agriculture sector braces for impact as tariffs set to become reality
The Canadian agriculture industry is bracing for impact as Trump’s 25 per cent tariffs are set to become reality on Tuesday. U.S. President Donald Trump on Saturday signed an order to place 25 per cent tariffs on Canadian and Mexican imports and 10 per cent on goods from China.

Trump launches trade war with tariffs on Mexico, Canada and China
Canada strikes back with tariffs on $155 billion of US goods; China says it will take Trump to WTO
U.S. President Donald Trump on Saturday ordered sweeping tariffs on goods from Mexico, Canada and China, demanding they stanch the flow of fentanyl - and illegal immigrants in the case of Canada and Mexico - into the United States, kicking off a trade war that could dent global growth and reignite inflation.

Federal government defers implementation of modified capital gains tax to 2026
Grain Growers of Canada says it continues to oppose the changes, calls for government to reverse the increase
Canada's government on Friday announced that it would defer the implementation of the controversial changes in the capital gains tax to January 1 next year.

Trump set to impose tariffs on Canada, Mexico and China on Feb. 1 White House says
A White House spokesperson said that no tariff announcements were planned for Friday
U.S. President Donald Trump on Saturday will implement tariffs of 25 per cent on Canadian and Mexican imports and 10 per cent on Chinese goods with immediate effect, White House spokesperson Karoline Leavitt said on Friday.