The Latest Breaking News from Canada

Canada’s central bank lowered its key interest rate by half a percentage point while highlighting the risk of U.S. President-elect Donald Trump's threat of tariffs on all Canadian products

Canada's central bank on Wednesday lowered its key lending rate by 50 basis points to 3.25 percent, seeking to aid a slowing economy facing uncertainty following a tariff threat from US President-elect Donald Trump.

Woman shares the cost of groceries in the Arctic and people can't believe how insanely expensive it actually is! The post “Come Get Groceries With Us In The Arctic”: TikToker Shares Insane Grocery Costs In Inuvik, Canada first appeared on Bored Panda.

Since Donald Trump won the recent United States presidential election, Canadian policymakers are trying to anticipate a variety of plausible scenarios to deal with an unpredictable leader and his intentions on everything from trade to mass deportations, border security, currency, NATO, climate action and energy.

Canadian policymakers were just beginning to recover from the shock of Donald Trump’s recent threats to impose 25 per cent tariffs on Canada and Mexico when the president-elect detonated another rhetorical explosive. In an overnight social media post, Trump referred to the “great state of Canada” and “Governor Justin Trudeau.”

The Canadian prime minister said he will retaliate if Donald Trump follows through on his tariff threat

The government of Canada has announced its plans for a temporary tax break by exempting GST/HST on certain items during the holiday season from Dec. 14, 2024 to Feb. 15, 2025. The legislation to enact the tax break has cleared the House of Commons and is now awaiting Senate approval.

President-elect Trump and Canadian Prime Minister Trudeau discuss tariffs, trade, and immigration issues in a productive meeting at Mar-a-Lago.

Donald Trump poked fun at Justin Trudeau, jokingly stating that Canada was a U.S. state and even going as far as to refer to Trudeau as its governor.