Japan resumes Canadian wheat imports after suspension

Ottawa says Japan has ended its temporary suspension of Canadian wheat imports. Japan had halted shipments after some unauthorized genetically modified wheat was found in southern Alberta. Ottawa says the decision marks an end to all international trade actions arising from the discovery on June 14. South Korea resumed shipments late last month. Modified wheat […]

Starbucks plans to stop offering plastic straws by 2020

Starbucks says it will replace plastic straws in stores globally with ones made from other materials by 2020, a nod to the growing push for businesses to be more environmentally friendly. The Seattle-based company said Monday it will also use lids designed not to need straws. This follows an announcement by McDonald’s that it would […]

Canada’s trade deficit widened to $2.8B in May ahead of tariffs

Canada’s trade deficit in May grew to a larger than expected $2.77 billion because of a sharp rise in imports of airliners and gasoline while exports edged down, Statistics Canada said on Friday. That compared to a deficit of $1.86 billion in April. Canada has only recorded two monthly trade surpluses since October 2014. TD […]

Airbus threatens to pull out of U.K. without Brexit trade deal

Aviation giant Airbus on Friday underscored its threat to leave Britain if the country exits the European Union without an agreement on future trading relations, noting that the company is already taking steps to mitigate a worst-case scenario. Airbus CEO Tom Enders was candid about his frustration with the government’s lack of progress in talks […]

Cineplex’s latest idea: movie theatre snacks delivered to your home

Some Canadians with a hankering for movie theatre popcorn without the trek to a cinema are in luck. Cineplex Inc. has started to offer delivery of concession stand snacks — popcorn, hot dogs, candy, nachos and soft drinks — to customers in 60 communities throughout Ontario, Alberta, B.C. and Quebec this week. One offering under […]

Trump threatens 20% U.S. tariff on EU car imports

President Donald Trump on Friday threatened to escalate a trade war with Europe by imposing a 20 per cent tariff on all U.S. imports of European Union-assembled cars, a month after the administration launched an investigation into whether auto imports pose a national security threat. “If these Tariffs and Barriers are not soon broken down […]

Economists debunk Trump’s Twitter trade ‘facts’ against Canada

U.S. President Donald Trump made some “factual errors” in tweets about trade with Canada following the G7 summit, and his tariffs threats could be “akin to shooting oneself in the foot,” economists tell CBC News. Trump’s criticism of U.S. trade with Canada escalated to another level after he left the summit early and then attacked Canadian […]

Rift between Trump and Trudeau could be first step towards a recession, warns former foreign affairs minister

Read Story Transcript Experts are calling the public animosity brewing between U.S. President Donald Trump and Prime Minister Justin Trudeau after the G7 summit unprecedented, alarming — and a possible first step towards a recession in Canada.   If Trump makes good on his threat to impose new tariffs on the auto industry, there could be serious repercussions […]

Economy unexpectedly lost 7,500 jobs in May as unemployment rate held at 5.8%

The Canadian employment picture was weaker than expected in May, as the country unexpectedly lost about 7,500 jobs, according to figures released Friday by Statistics Canada. The average expectation of 14 forecasts was for the country to add just over 22,000 jobs last month, Bloomberg news said. Despite the small drop in the number of people working, the […]

Trudeau meets with B.C. Indigenous body that helps pipeline project ‘move forward’

The federal government must offer more than Kinder Morgan did and tread carefully with First Nations when building the Trans Mountain pipeline expansion, says an Indigenous committee monitoring the project. Prime Minister Justin Trudeau met Tuesday with the Indigenous Advisory and Monitoring Committee in Rosedale, B.C., where he linked Indigenous reconciliation and the expansion project. […]