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WASHINGTON, D.C. / ConSynSer / – President Donald Trump signed an order on Friday lifting 50% U.S. tariffs on several Canadian forestry and agricultural products, the White House said. Plywood sheets, some paper products and packing crates and boxes are
– According to the World Trade Organization, multilateral development banks are expected to provide approximately US$10 billion in supply chain finance to developing economies in 2026. This amount represents a two- to threefold rise from 2024. It contributes to the
In 2025, bilateral merchandise exchanges between Europe and North America reached a historic high of 81.8 billion euros. This milestone emphasizes the strength of integrated trade partnerships. Eurostat’s latest figures show that the EU exported 48.8 billion worth of goods
– Costco has raised the online price of its Kirkland Signature full synthetic motor oil to $57.99 for a 10-quart case. This package includes two 5-quart bottles and is available in various common viscosity grades. Additionally, Costco has implemented a
Prime Minister Mark Carney announced an enhanced federal initiative aimed at boosting local manufacturing and achieving supply chain independence. This strategy is in direct response to U.S. trade restrictions. It encourages investment within the country, supports vital infrastructure projects, and
– According to Oxford Economics, Quebec is likely to experience the largest provincial industrial setback in Canada resulting from the recent US tariffs. The research firm predicts that Quebec’s annual economic output could decline by approximately C$1.8 billion below its
– Canada announced new tariffs of 15%, 25%, and 50% on C$27.6 billion worth of U.S. imports, effective September 8, Prime Minister Mark Carney confirmed. These tariffs target over 700 items and are aligned with U.S. duties rate for rate.
WASHINGTON, D.C. / RankWire.AI / – On Thursday, the US dollar stayed close to a three-month low, driven by falling long-term Treasury yields. The dollar index hovered around 98.81 against a basket of six key currencies. The euro climbed to
Official national economic tracking data released on Friday confirms the Canadian economy grew 0.3 per cent in May, extending a broader economic recovery into a second consecutive month and surpassing earlier government forecasts. According to monthly Gross Domestic Product figures
Nova Scotia is investing $250,000 in MB Meat Company, a new beef processing facility in Judique, Inverness County. The province said the site is Cape Breton’s only provincially inspected beef abattoir. The facility provides custom slaughter and cut-and-wrap services for
