Economy, Law & Politics

Foreign Affairs Minister Mélanie Joly says Canada will exert "maximum pressure" to get the United States to lift its tariffs and warns that the duties ultimately will hurt Americans.

OTTAWA — Mark Carney will be sworn in as prime minister this morning at Rideau Hall, where he will also reveal his new cabinet. Carney won the Liberal leadership race last weekend with an overwhelming 86 per cent of the votes from Liberal members.

OTTAWA — Mark Carney will be sworn in officially as prime minister and reveal the makeup of his first cabinet Friday morning — a team one government source said will not include Jean-Yves Duclos.

LA MALBAIE, Que. — Ministers representing some of the world’s most powerful countries gathered in a show of unity for liberal democracy Thursday, with Canada proposing maritime co-operation as the G7 splits on Ukraine and U.S. tariffs.

New legislation, if passed, could allow the B.C. government to impose a transit tax on Alaska-bound trucks coming from Washington state; but it also gives government sweeping regulatory powers to respond to perceived tariff threats from the United States

TORONTO — Canada's main stock index fell almost 150 points while U.S. markets were also down in late-morning trading Thursday. The S&P/TSX composite index was down 146.50 points at 24,276.84.

WASHINGTON — U.S. President Donald Trump's choice for United States ambassador to Canada is facing tough questions in his Senate nomination hearing today, as the relationship between the two countries is strained by tariffs and threats of annexation.

NEW YORK (AP) — The U.S. stock market is drifting in early trading, even after getting a double-shot of encouraging news on the economy. The S&P 500 was off 0.

OTTAWA — A new poll suggests that 40 per cent of Canadians are worried about losing their jobs as many businesses scale back hiring plans in response to the trade war with the United States.