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Global markets, Wall Street continue to slide after China slaps retaliatory tariffs on imports

Global markets, Wall Street continue to slide after China slaps retaliatory tariffs on imports

Global markets slid further and Wall Street was on track for another day of crushing losses Friday after China responded to U.S. President Donald Trump's latest set of tariffs with some of their own. Futures for the S&P 500 fell 3.
Hudson's Bay closures to cause job losses well beyond the retailer

Hudson's Bay closures to cause job losses well beyond the retailer

TORONTO — When Hudson's Bay closes the vast majority of its stores in June, the job losses will extend beyond the storied retailer's own workforce.
New and used car prices set to rise due to Trump tariffs: experts

New and used car prices set to rise due to Trump tariffs: experts

Experts say U.S. tariffs on Canadian auto imports will drive prices higher for both new and used cars.
Alberta oil well report updated after concerns over taxpayer backstop recommendation

Alberta oil well report updated after concerns over taxpayer backstop recommendation

A new version of a government-commissioned report about Alberta's inactive oil wells and what to do about them now says the province should manage a new insurance fund, rather than backstop it with taxpayer funding.
B.C. bumps up rental subsidy programs for seniors, low-income families

B.C. bumps up rental subsidy programs for seniors, low-income families

Recipients of two British Columbia programs aimed at making rent more affordable for seniors and families in need will see a bump in their subsidies starting this month.
Alberta premier says latest U.S. tariffs hard to celebrate, but give time for talks

Alberta premier says latest U.S. tariffs hard to celebrate, but give time for talks

CALGARY — Alberta Premier Danielle Smith says she doesn't want to be "exuberant about dodging the bullet" with U.S.
Dow drops 1,600 as US stocks lead worldwide sell-off after Trump’s tariffs cause a COVID-like shock

Dow drops 1,600 as US stocks lead worldwide sell-off after Trump’s tariffs cause a COVID-like shock

NEW YORK (AP) — Wall Street shuddered, and a level of shock unseen since COVID’s outbreak tore through financial markets worldwide Thursday on worries about the damage President Donald Trump’s newest set of tariffs could do to economies across contin
No more cheap skirts: Trump ends tax exemption for low-value Chinese imports

No more cheap skirts: Trump ends tax exemption for low-value Chinese imports

A notice to customers dazzled by the low-priced products on Chinese shopping apps: the days of getting trendy clothing, tools and gag gifts that cost less than lunch delivered to your door in 10 days are probably numbered.
Stellantis production halt the "dead canary" as auto sector faces tariff hit

Stellantis production halt the "dead canary" as auto sector faces tariff hit

TORONTO — Automakers in Canada, along with workers and everyone else with ties to the industry, are struggling to grasp the implications of and how best to respond to the ruinous industry tariffs that came into effect Thursday.
North American stock markets tank as latest tariffs heighten recession fears

North American stock markets tank as latest tariffs heighten recession fears

TORONTO — Stock markets in Canada and the U.S. plunged Thursday as investors reacted to the latest tariffs from U.S. President Donald Trump.
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