

Canadian Business
Boardrooms, earnings and dealmaking
CanadaTrump suspends 50% tariffs on Canadian goods pending trade agreement
U.S. President Donald Trump announced a three‑day pause to the 50 % tariffs slated for midnight, citing a tentative trade deal with Canada.
Trump’s 50% tariffs threaten a fifth of Canada’s U.S. exports
Industry groups warn that the new Section 338 duties could strip $28 billion of Canadian sales and cripple sectors from steel to softwood lumber.
PQ won’t hold Quebec sovereignty vote while Trump is president, leader says
Paul St-Pierre Plamondon said the issue would not come to a vote before Jan. 20, 2029, the date of the end of Trump’s second term at the White House.
Canada deports former Iranian deputy interior minister after court rejects appeal
Syed Salman Samani, the second senior Iranian official expelled under the 2022 ban, was removed following a Federal Court decision that dismissed his last‑minute challenge.
Canada and United States scramble to avert 50% tariffs as deadline looms
Trade ministers and senior officials meet intensively in Washington and Ottawa, seeking a draft agreement before new US duties take effect on Wednesday.
Federal $10bn boost backs new non‑binding Quebec‑Newfoundland energy pact
Quebec and Newfoundland and Labrador have signed a non‑binding agreement that extends Quebec’s Churchill Falls supply to 2077 and unlocks a $10 billion federal investment for upgrades and new projects.
2,000‑year‑old Peruvian bowl repatriated after Montreal auction investigation
Canadian police helped secure the return of a pre‑Hispanic artefact seized from an auction house, with the seller relinquishing it without compensation.
Technology
Compute, capital and regulation
CanadaCanada braces for US tariffs as trade talks near deadline
With just two days left before a new wave of US duties, Canadians are split on how to respond and worry about the impact on households and the economy.
EconomyCanadian inflation ticks up to 3% in July, fuel and travel costs the main drivers
July’s consumer price index rose to 3 per cent year‑on‑year, outpacing most forecasts, while core inflation held at 2.2 per cent.
CanadaOne‑year‑old grizzly bear flees Calgary zoo enclosure, is safely recaptured before doors open
Fitz the grizzly escaped his pen at the Wilder Institute’s Calgary Zoo on Sunday morning, but emergency crews immobilised him and returned him to a secure area without any injuries.
Energy
PoliticsCanada‑U.S. trade talks race against looming 50% tariffs on Canadian goods
A senior Canadian minister will meet the U.S. trade chief on Sunday as Washington prepares to impose steep duties on a range of Canadian exports, including softwood lumber.
PoliticsPoilievre urges Carney to keep fuel excise tax suspended until Canada Day
The fuel excise tax was suspended by the federal government in April, but the temporary measure is set to expire on Labour Day, Sept. 7.
CanadaOttawa to Tackle Tax Code Reform Incrementally, Small Business at Forefront
The Liberal government says it will address the over‑grown tax system bite by bite ahead of the fall budget, but opposition warns reforms are overdue.
CrimeFather convicted in Montreal girl’s murder wanted to testify away from jury
On Aug. 10, Frattolin was found guilty of second-degree murder and concealment of a human corpse in the death of Melina Frattolin.
Latest
Updated continuouslyWhite House report brands Canada as key enabler of Chinese tariff evasion
A new White House trade analysis claims China uses a “shadow transshipment network” that includes Canada, costing the United States up to $26 billion in lost tax revenue each year.
Ontario unveils data‑centre playbook amid municipal moratoriums and debate over sovereignty
The provincial government has published a set of guidelines for data‑centre developers as several municipalities pause projects over environmental and community concerns.
Canadian health bodies reject US President Trump’s new child‑vaccine order, keep national schedule unchanged
The Canadian Paediatric Society and the Canadian Public Health Association say the United States’ latest executive order on childhood immunisation is not supported by evidence, and Canada’s recommendations remain based on scientific data.
Stampede Drilling receives $4 million from US firm but rig stays in Canada amid Greenland permit row
Alberta‑based Stampede Drilling says a US oil company has funded upgrades to a drilling rig, yet the equipment remains in Canada while Greenland’s government disputes the project’s legality.
Canada and United States race to avert 50% tariffs before Aug 19 deadline
With less than a week left before President Trump’s threat of sweeping duties takes effect, senior Canadian and US officials hold a fourth round of talks, while sources say Canada may have to concede on alcohol bans and dairy quotas to keep sectoral tariffs at bay.
Apollo’s $7.3bn bid for EasyJet could curtail shareholder rights and add £3bn debt, raising concerns for Canadian investors
A New York‑based private‑equity firm’s proposed takeover would subordinate existing shares, impose a 14% dividend on its stake and load the airline with billions of pounds of debt, prompting worries among holders of EasyJet ADRs.
Youth Crime Charges in Canada Reach Highest Level in Four Years
Statistics Canada reports 56,956 young people aged 12‑17 were charged with offences between April 2025 and March 2026, driven by a surge in violent incidents.
Air Canada raises C$2.5bn by selling quarter of Aeroplan to Blackstone‑led consortium
A consortium headed by Blackstone and La Caisse has bought a 25 % non‑controlling stake in Air Canada’s Aeroplan loyalty programme, valuing the business at C$10 bn and providing the airline with cash to retire debt and accelerate its share‑buy‑back.
Explore CityAM Canada
Recent stories
Canadian tribunal says wheat gluten dumping is likely hurting industryMan accused of U.S. Consulate bomb threat in Halifax hit with new chargeCanada set for U.S. tariff relief, source says as Carney, Trump tout dealTrump suspends 50% tariffs on Canadian goods pending trade agreementTrump’s 50% tariffs threaten a fifth of Canada’s U.S. exportsPQ won’t hold Quebec sovereignty vote while Trump is president, leader saysCanada deports former Iranian deputy interior minister after court rejects appealCanada and United States scramble to avert 50% tariffs as deadline loomsFederal $10bn boost backs new non‑binding Quebec‑Newfoundland energy pact2,000‑year‑old Peruvian bowl repatriated after Montreal auction investigationMore coverage
Canada braces for US tariffs as trade talks near deadlineCanadian inflation ticks up to 3% in July, fuel and travel costs the main driversOne‑year‑old grizzly bear flees Calgary zoo enclosure, is safely recaptured before doors openCanada‑U.S. trade talks race against looming 50% tariffs on Canadian goodsPoilievre urges Carney to keep fuel excise tax suspended until Canada DayOttawa to Tackle Tax Code Reform Incrementally, Small Business at ForefrontFather convicted in Montreal girl’s murder wanted to testify away from juryConservative candidate says he’s heard Poilievre criticism from votersBig gap remains between Canada and U.S. in ongoing trade talks: sourcesCanadian wholesale sales climb 9% in June, all sectors report growth










