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Automotive sector raises alarm over expected damage from tariffs

Automotive sector raises alarm over expected damage from tariffs

OSHAWA, ONT. AND TORONTO — Workers and companies in the automotive sector are bracing for the massive disruptions expected after U.S. President Donald Trump went ahead with his long-threatened tariffs on Canadian and Mexican goods.
What people have to say about B.C.'s budget as the U.S. applies tariffs

What people have to say about B.C.'s budget as the U.S. applies tariffs

VICTORIA — The British Columbia government released a budget Tuesday with Finance Minister Brenda Bailey saying it defends the province from an unfolding North American trade war triggered by U.S. President Donald Trump's tariffs.
Arab leaders endorse Egypt's plan to rebuild Gaza as an alternative to Trump's proposal

Arab leaders endorse Egypt's plan to rebuild Gaza as an alternative to Trump's proposal

CAIRO (AP) — Arab leaders on Tuesday endorsed Egypt's postwar plan for the Gaza Strip that would allow its roughly 2 million Palestinians to remain, in a counterproposal to U.S.
'All bets are off': B.C. pulls liquor, changes procurement after U.S. tariffs

'All bets are off': B.C. pulls liquor, changes procurement after U.S. tariffs

British Columbia and the rest of the country is strong enough to weather the storm in the threat to Canada's sovereignty coming from a former friend, B.C. Premier David Eby said. Eby took the unusual step of interrupting B.C.
The IRS is drafting plans to cut as much as half of its 90,000-person workforce, AP sources say

The IRS is drafting plans to cut as much as half of its 90,000-person workforce, AP sources say

WASHINGTON (AP) — The IRS is drafting plans to cut its workforce by as much as half through a mix of layoffs, attrition and incentivized buyouts, according to two people familiar with the situation.
Manitoba pulls U.S. booze, offers tax deferrals to businesses in wake of tariffs

Manitoba pulls U.S. booze, offers tax deferrals to businesses in wake of tariffs

WINNIPEG — The Manitoba government offered tax deferrals to businesses and pulled American products from liquor stores Tuesday in response to tariffs imposed by U.S. President Donald Trump.
Trump's trade war draws swift retaliation with new tariffs from Mexico, Canada and China

Trump's trade war draws swift retaliation with new tariffs from Mexico, Canada and China

WASHINGTON (AP) — President Donald Trump launched a trade war Tuesday against America’s three biggest trading partners , drawing immediate retaliation from Mexico, Canada and China and sending financial markets into a tailspin as the U.S.
Groups say B.C.’s tariff budget is defensive, with an economic growth plan needed

Groups say B.C.’s tariff budget is defensive, with an economic growth plan needed

VICTORIA — Industry and labour groups say the latest British Columbia budget shows the province is taking a defensive position in response to the tariffs from the United States, which may not be enough to help the economy as a North American trade wa
Wall Street falls again as losses wipe out all post-election gains for the S&P 500

Wall Street falls again as losses wipe out all post-election gains for the S&P 500

Stocks racked up more losses on Wall Street Tuesday as a trade war between the U.S. and its key trading partners escalated, wiping out all the gains since Election Day for the S&P 500.
By the numbers as British Columbia releases its 2025 budget

By the numbers as British Columbia releases its 2025 budget

VICTORIA — British Columbia’s Finance Minister Brenda Bailey has handed down a budget she says will defend the province against “unjustified” U.S. tariffs. Here’s a look at some of the budget’s key numbers and the tariffs’ projected impacts on B.C.
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