Sunday, January 18, 2026 | 05:14 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Page 13 - Canada

Canada PM Carney to meet European allies as tensions with Trump admin rise

New Canadian Prime Minister Mark Carney arrived in Paris Monday to meet with French President Emmanuel Macron, seeking support from one of Canada's oldest allies as tensions with the Trump administration spike. This is Carney's first official foreign trip since he was sworn in on March 14. He will next land in London where he will sit down with UK Prime Minister Keir Starmer and King Charles III, the head of state in Canada. Carney has deliberately chosen the two European capital cities that shaped Canada's early existence. During his swearing-in ceremony, he noted the country was built on the bedrock of three peoples, French, English and Indigenous, and said Canada is fundamentally different from America and will never, ever, in any way shape or form, be part of the United States. Since US President Donald Trump came to office, he has imposed whopping tariffs on Canadian steel and aluminum and repeatedly commented on turning Canada into the 51st state, infuriating Canadians and ...

Canada PM Carney to meet European allies as tensions with Trump admin rise
Updated On : 17 Mar 2025 | 1:22 PM IST

Canada eases post-graduation work permit rules for college graduates

Students can work 20 hours per week during academic terms and full-time during breaks.

Canada eases post-graduation work permit rules for college graduates
Updated On : 17 Mar 2025 | 8:56 AM IST

Mark Carney sworn in as Canada's pm amid Trump's trade war threat

Former central banker Mark Carney was sworn in as Canada's new prime minister on Friday, and will now try to steer his country through a trade war brought by US President Donald Trump, a threat of annexation and an expected federal election. Carney, 59, replaces Prime Minister Justin Trudeau, who announced his resignation in January but remained in power until the Liberal Party elected a new leader. Carney is widely expected to trigger a general election in the coming days or weeks. The governing Liberal Party had appeared poised for a historic election defeat this year until Trump declared economic war and threatened to annex the entire country as a 51st state. Now the party and its new leader could come out on top. Carney has said he's ready to meet with Trump if he shows respect for Canadian sovereignty? and is willing to take a common approach, a much more comprehensive approach for trade.? Trump put 25 per cent tariffs on Canada's steel and aluminum and is threatening sweeping

Mark Carney sworn in as Canada's pm amid Trump's trade war threat
Updated On : 14 Mar 2025 | 9:44 PM IST

Trade war turmoil topples Canada's financial market from all-time high

Trade war turmoil is weighing heavily on financial markets in Canada. Canada's main stock index has been tumbling along with US indexes since President Donald Trump initiated a trade war with his North American neighbours. Mexico's main stock index has remained relatively steady following measures from the Mexican government to stabilise financial markets. The Toronto Stock Exchange's S and P/TSX composite index reached an all-time high on January 30. It started sliding a day later following the first salvo in the form of announced 25 per cent tariffs on all goods from Canada and Mexico. Since then, Trump has rattled markets with uncertainty as he changes his mind on implementing or delaying tariffs on a seemingly daily basis. The S and P/TSX composite has shed about 5 per cent since Trump opened the trade war on January 31. The financial sector is among the hardest hit, with a 8.6 per cent drop. The industrial sector is down 7.4 per cent, while the energy sector has shed 5.4 per

Trade war turmoil topples Canada's financial market from all-time high
Updated On : 14 Mar 2025 | 9:04 PM IST

Allies wrap up G7 meeting overshadowed by Trump's tariffs, Canada taunts

Top diplomats from the Group of 7 industrialised democracies on Friday were wrapping up their final day of talks that have been overshadowed by US President Donald Trump's trade and foreign policies as well as his repeated taunts toward host Canada. Despite the tensions, diplomats signalled they would reach consensus on a final communique after hours of late-night negotiations. Diplomats from three countries said they believed they were 99 per cent of the way toward completing a joint statement that would reflect the group's positions. There is a great deal of unity within the G7, Canadian Foreign Minister Mlanie Joly said Friday. We talked about many different things. ... We support the US proposal for a ceasefire, which is supported by the Ukrainians, and we are waiting for the Russian response. British Foreign Secretary David Lammy said the group arrived at common positions on Ukraine, the Middle East, wars in Africa and Chinese activity in the South China Sea. All of that has

Allies wrap up G7 meeting overshadowed by Trump's tariffs, Canada taunts
Updated On : 14 Mar 2025 | 8:50 PM IST

Donald Trump's pick for envoy to Canada, Pete Hoekstra, says it's sovereign

Canada is a sovereign state, yes, Pete Hoekstra said with a wry look when asked by Senator Chris Coons, a Delaware Democrat, during his confirmation hearing

Donald Trump's pick for envoy to Canada, Pete Hoekstra, says it's sovereign
Updated On : 14 Mar 2025 | 6:53 AM IST

'Will always be unapologetically Canadian': Trudeau's last message as PM

Trudeau's departure comes as Mark Carney takes the helm of the Liberal Party and prepares to take oath as Canada's 24th Prime Minister today

'Will always be unapologetically Canadian': Trudeau's last message as PM
Updated On : 14 Mar 2025 | 6:22 AM IST

Canada initiates WTO dispute complaint on US steel, aluminium duties

The request was circulated to World Trade Organization members on Thursday

Canada initiates WTO dispute complaint on US steel, aluminium duties
Updated On : 13 Mar 2025 | 10:06 PM IST

Indian students studying abroad drop in 2024 – What’s behind the decline?

Why are fewer Indian students choosing to study abroad in 2024? Diplomatic tensions, stricter visa policies, and rising costs have led to a decline in enrollments in the US, UK, and Canada.

Icon YoutubeIndian students studying abroad drop in 2024 – What’s behind the decline?
Updated On : 13 Mar 2025 | 7:40 PM IST

Canada sounds the alarm as US trade war escalates ahead of G7 Summit

Ahead of G7 Summit, Canada urges allies to resist US trade war, calling tariffs an economic weapon and warning that no country is immune to Washington's coercion

Canada sounds the alarm as US trade war escalates ahead of G7 Summit
Updated On : 13 Mar 2025 | 3:19 PM IST

Ready to boost bid if Seven & i engages in takeover talks, says Couche-Tard

Couche-Tard's top executives are in Tokyo Thursday to promote their multi-billion dollar bid to purchase the parent company of the 7-Eleven stores

Ready to boost bid if Seven & i engages in takeover talks, says Couche-Tard
Updated On : 13 Mar 2025 | 9:16 AM IST

Mark Carney to take oath as Canada's 24th Prime Minister on Friday

He will be taking the reins from Canadian Prime Minister Justin Trudeau after securing a win in the Liberal leadership on the first ballot held on Sunday

Mark Carney to take oath as Canada's 24th Prime Minister on Friday
Updated On : 13 Mar 2025 | 7:31 AM IST

Canada was an ally, trying to become a competitor: White House Secy Leavitt

The US President has called for Canada's annexation to the US as its 51st state, a remark which did not sit well with the former Canadian PM Justin Trudeau and the other leaders

Canada was an ally, trying to become a competitor: White House Secy Leavitt
Updated On : 12 Mar 2025 | 12:06 PM IST

Will keep tariffs until US commits to free trade, says Canada's new PM

Incoming Canadian Prime Minister Mark Carney said Tuesday that his government will keep tariffs in place until Americans show respect and commit to free trade after US President Donald Trump threatened historic financial devastation for Canada. Carney, who will be sworn in as Justin Trudeau's replacement in the coming days, said Trump's latest tariffs are an attack on Canadian workers, families, and businesses. My government will ensure our response has maximum impact in the US and minimal impact here in Canada, while supporting the workers impacted, Carney said. He added: My government will keep our tariffs on until the Americans show us respect and make credible, reliable commitments to free and fair trade." Trump said Tuesday that he will double his planned tariffs on steel and aluminum from 25% to 50% for Canada, escalating a trade war with the United States' northern neighbour and showing an indifference to recent stock market turmoil and rising recession risks. Trump said on

Will keep tariffs until US commits to free trade, says Canada's new PM
Updated On : 12 Mar 2025 | 7:19 AM IST

Dow, S&P, Nasdaq decline after Trump announces fresh tariffs on Canada

Trump doubled his planned tariff on all steel and aluminum products coming into the US from Canada, bringing the total to 50 per cent

Dow, S&P, Nasdaq decline after Trump announces fresh tariffs on Canada
Updated On : 11 Mar 2025 | 9:15 PM IST

China tightens trade rules as Canadian tariffs spark price volatility

China on Saturday shocked markets with a 100 per cent tariff to just over $1 billion of Canadian rapeseed oil, oil cakes and pea imports

China tightens trade rules as Canadian tariffs spark price volatility
Updated On : 11 Mar 2025 | 5:40 PM IST

Ontario raises 25% tax on electricity exports to US over Trump trade war

Ontario's premier, the leader of Canada's most populous province, announced that effective Monday it is charging 25% more for electricity to 1.5 million Americans in response to US President Donald Trump's trade war. Ontario provides electricity to Minnesota, New York and Michigan. I will not hesitate to increase this charge. If the United State escalates, I will not hesitate to shut the electricity off completely, Ontario Premier Doug Ford said at a news conference in Toronto. "Believe me when I say I do not want to do this. I feel terrible for the American people who didn't start this trade war. It's one person who is responsible, it's President Trump. Ford said Ontario's tariff would remain in place despite the one-month reprieve from Trump, noting a one-month pause means nothing but more uncertainty. Quebec is also considering taking similar measures with electricity exports to the US. Ford's office said the new market rules require any generator selling electricity to the US

Ontario raises 25% tax on electricity exports to US over Trump trade war
Updated On : 11 Mar 2025 | 6:59 AM IST

Ex-banker Carney wins Canada's liberal contest, to succeed Trudeau in days

Carney, 59, takes the reins at a time when the White House is creating upheaval in the global economy - and with US trading partners - with increasingly chaotic tariff announcements

Ex-banker Carney wins Canada's liberal contest, to succeed Trudeau in days
Updated On : 10 Mar 2025 | 10:45 PM IST

Meet Mark Carney, Canada's new PM who once likened Trump to 'Voldemort'

As Mark Carney is all set to replace Justin Trudeau as Canada's next Prime Minister, the former banker will have to decide when to call a federal election

Meet Mark Carney, Canada's new PM who once likened Trump to 'Voldemort'
Updated On : 10 Mar 2025 | 2:27 PM IST

Canada to reunite 10,000 immigrant families through PGP programme in 2025

The PGP programme allows Canadian citizens, permanent residents, and registered Indians to sponsor their parents and grandparents for immigration

Canada to reunite 10,000 immigrant families through PGP programme in 2025
Updated On : 10 Mar 2025 | 11:02 AM IST