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Economy, Law & Politics

North American stock markets tank as latest tariffs heighten recession fears

North American stock markets tank as latest tariffs heighten recession fears

TORONTO — Stock markets in Canada and the U.S. plunged Thursday as investors reacted to the latest tariffs from U.S. President Donald Trump. The S&P/TSX composite index closed down 971.41 points or 3.8 per cent at 24,335.
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Dow drops 1,600 as US stocks lead worldwide sell-off after Trump’s tariffs cause a COVID-like shock

Dow drops 1,600 as US stocks lead worldwide sell-off after Trump’s tariffs cause a COVID-like shock

NEW YORK (AP) — Wall Street shuddered, and a level of shock unseen since COVID’s outbreak tore through financial markets worldwide Thursday on worries about the damage President Donald Trump’s newest set of tariffs could do to economies across contin
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Premier Eby expresses relief on tariffs but cautions 'uncertainty' remains

Premier Eby expresses relief on tariffs but cautions 'uncertainty' remains

Premier David Eby says he will meet designated Prime Minister Mark Carney next week in B.C. to discuss B.C.-related issues on U.S. tariffs
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Prime Minister Mark Carney says Canada will match U.S. auto tariffs

Prime Minister Mark Carney says Canada will match U.S. auto tariffs

OTTAWA — Prime Minister Mark Carney said Thursday that Canada will hit back against U.S. President Donald Trump's 25 per cent auto tariffs with matching levies on vehicles imported from the United States.
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Leaders pitch savings bonds, GST-free Canadian cars to bolster tariff-struck economy

Leaders pitch savings bonds, GST-free Canadian cars to bolster tariff-struck economy

OTTAWA — The New Democrats and Conservatives pitched fresh ideas on the federal election trail Thursday to make Canada and its workers more resilient in the face of tariffs imposed by U.S. President Donald Trump.
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Vancouver mayor launches ‘retail security task force’ to combat theft

Vancouver mayor launches ‘retail security task force’ to combat theft

Vancouver Police Department recorded 7,686 shoplifting incidents in 2024
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Statistics Canada reports $1.5B trade deficit for February as exports fell

Statistics Canada reports $1.5B trade deficit for February as exports fell

OTTAWA — The country's merchandise trade balance fell to a deficit of $1.5 billion in February as exports fell, Statistics Canada said Thursday. The federal agency said the result compared with a surplus of $3.1 billion in January.
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‘Can’t just flip a switch’: Rerouting supply chains amid tariffs poses major hurdles

‘Can’t just flip a switch’: Rerouting supply chains amid tariffs poses major hurdles

MONTREAL — The notion that Canadian companies can simply switch supply chains in response to American tariffs is a fantasy, experts say.
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Downtown Vancouver sees decline in visits from workers, shoppers

Downtown Vancouver sees decline in visits from workers, shoppers

Granville and Robson streets saw more visitors while Alberni and West Hastings streets saw declines
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Mario Canseco: Five years later, B.C. remains among most supportive of COVID-19 measures

Mario Canseco: Five years later, B.C. remains among most supportive of COVID-19 measures

New Research Co. polling reveals most approve of pandemic response, but skepticism persists among Conservatives, Albertans, younger men
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