Mary Ng, former Canadian Trade Minister, shares her view on the global trade war and the effectiveness of APEC in the face of U.S. President Donald Trump's "America First" agenda.

The U.S. receives 97 per cent of Canada’s crude oil exports, according to the Canada Energy Regulator, with about 60 per cent of it destined for Midwest refineries and the remainder going to the Gulf Coast, West Coast and East Coast.

The financial picture for Canadian households and businesses was showing signs of increased health until the United States started a trade war, the Bank of Canada said on Thursday.

Note that the 1/10 worry meter rating is for borrowers with floating rate debt such as variable-rate mortgages and credit lines. Savers may take a different view, given that Bank of Canada rate cuts flow into the returns on a wide variety of saving products.

As Memorial Day weekend approaches, May is typically the time when the Jersey Shore gets ready for the annual big influx of visitors. But this year, the leadup to summer comes with some uncertainty for businesses.

The Bank of Canada is warning that the ongoing tariff dispute has “rattled markets” and increases the risk of “disorderly” selloffs that would test the country’s financial system.

Canadian Prime Minister Mark Carney and British Prime Minister Keir Starmer spoke on Monday and agreed to strengthen trade, commercial, and defence ties, according to a statement from the Canadian prime minister's office.

Ontario and Manitoba have signed a memorandum of understanding to reduce provincial trade barriers amid a trade war with the United States that continues to threaten Canada’s economy.