Mark Carney says Canada is ready to resume Canada-U.S. trade talks for the right deal, after the August collapse clarified Ottawa’s red lines.
Donald Trump
The Canadian alcohol import ban takes effect Sept. 29, alongside blocked motorcycles and whey, plus 50% tariffs on mattresses, lamps and motorboats from Sept. 15.
Polling on Canada-U.S. trade talks finds 73% of Canadians against difficult concessions, 62% approval for Carney, and a plurality willing to wait for U.S. midterms.
A new “Trump Bump” has pushed the Liberals to a 14-point vote intention lead over the Conservatives, 46% to 32%, as counter-tariffs take effect in Canada.
The bank CEOs credit outlook stayed positive at the Scotiabank Financials Summit, even as Canada-U.S. tariffs escalated and TD set aside $500 million.
The new TIFF market gives buyers and sellers a formal trading floor in Toronto, backed by $23 million in public funding and a dedicated Canada Pavilion.
Canada retaliatory tariffs on $20B in U.S. goods are now in force, Washington bans Canadian dairy, alcohol and motorcycles from Sept. 29, and Ottawa looks to the EU.