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Category: Trade (Page 4 of 19)

Trump’s latest attack on Bombardier has spooked some investors

September 8, 2026 /

Bombardier shares fell 7% to C$293.49 on the Toronto Stock Exchange (TSX) on Tuesday morning before regaining some later in the day. It’s the first trading day since the president floated a ban on Bombardier jet sales in the U.S. over the Labour Day weekend.

Analysts say it’s not clear what legal mechanism this American administration would use to stop the company from exporting into the U.S. Bombardier jets are cleared for sale in the U.S. under certifications obtained by the Federal Aviation Administration (FAA).

Ban on imports from illegal Israeli settlements in the West Bank

September 8, 2026 /

Canada, France and Britain are introducing a ban on imports from from Israeli settlements in the occupied West Bank, joining Ireland, Spain, the Netherlands, Norway and Belgium, which are taking similar action. Other nations, including Sweden, Poland, Denmark, Finland, Iceland and Portugal are considering similar restrictions.

In a joint statement, Prime Minister Mark Carney, British Prime Minister Andy Burnham and French President Emmanuel Macron said “systematic settlement expansion in the West Bank” poses a threat to the possibility of a two-state solution that would see the establishment of a Palestinian homeland alongside Israel.

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Prime Minister’s Forward Guidance: A Stronger Canada

September 8, 2026 /

In just one day, the Prime Minister’s video has received over a million views on YouTube alone.

Prime Minister Mark Carney says Canada Strong isn’t about just withstanding this crisis, it’s about coming out of it stronger, more resilient, and more independent.

It’s about ensuring that no other country can determine our future, and that we can live how we want to live.

The Canadian government has a plan, we’re on track, and we’re just getting started.

Elsewhere:

AFP: Carney touts Canada ‘pivot’ away from US as Trump levels new threat

‘We’re going to use all our electricity here’: Minister Hodgson

September 6, 2026 /

“Nothing would make me happier than when the United States asks us for more electricity to say, ‘You know what, we’ve got a lot of mines we need to develop in northern British Columbia,’” Energy and Natural Resources Minister Tim Hodgson said.

“Nothing would make me happier than just saying, ‘You know what, we’re going to use all our electricity here. We’re going to build new mines, new processing facilities.’”

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85% of Canadians support rejecting the Trump administration’s proposed trade deal

September 5, 2026 /

A Nanos Research survey conducted for The Globe and Mail and CTV News found that 85% of respondents support or somewhat support Prime Minister Mark Carney’s rejection of the proposed trade deal with the Trump administration.

80% support or somewhat support Ottawa’s plan to retaliate with dollar-for-dollar counter-tariffs on a range of U.S. products, scheduled to take effect on Tuesday.

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Canada, U.S. trade talks reach an impasse

September 4, 2026 /

Canada and the U.S. have no plans to resume trade talks before Ottawa’s retaliatory tariffs take effect on Tuesday, September 8..

One Canadian government official told The Globe and Mail there are no negotiations scheduled for the Labour Day long weekend. Dominic LeBlanc, the minister in charge of the file, delivered a similar message in a briefing to business leaders on Friday afternoon, according to two other people with knowledge of the call.

American tariffs are forcing some U.S. companies to move north to Canada

September 4, 2026 /

Estella Ren, reporting for the Toronto Star: Canada has surprisingly become a more attractive place to do business than the U.S. for some companies that sell globally, with tariff-free access to major overseas markets and lower operating costs.

Among those looking north is Wildlife Acoustics, a Massachusetts-based company which was honoured with the President’s “E” Award for Exports from the Biden administration in 2024.

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Norway’s sovereign wealth fund to reduce U.S. Treasury holdings

September 4, 2026 /

Norway’s mammoth $2.3 trillion wealth fund wants to cut its holdings of government bonds, chiefly U.S. Treasury bonds, as they seek to add other types of assets such as mortgage-backed securities.

The heads of Norges Bank Investment Management recommended reducing the government bond holdings from 70% to 50% — a level that would provide sufficient liquidity during market turbulence while allowing it to seek greater returns elsewhere.

CNBC: World’s biggest sovereign wealth fund plans to cut U.S. Treasury holdings

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