Economy

President Trump signed an executive order Monday waiving restrictions on tax-exempt red-dye diesel, saying it will ease fuel costs for truckers and farmers and bring down grocery prices.

The loonie hit its weakest level since April 2025 as US dollar strength from French budget fears combined with a fourth straight month of contraction in Canada’s services sector.

Record pump prices, a transatlantic supply scare and a G7 emergency stock release put fuel costs at the centre of Britain’s pre-Budget debate.

India and Canada begin a fifth round of CEPA negotiations in Ottawa on Monday, pushing to conclude the trade agreement before the end of 2026.

La amenaza de Trump de vetar las exportaciones de diésel expuso la fragilidad de Pemex: refinerías diseñadas para un crudo que ya no existe, el 40% del consumo importado y un mercado negro que abastece uno de cada ocho litros.

Ottawa’s move to slash tariffs on Chinese-made electric vehicles has triggered warnings from experts that connected cars could funnel sensitive data out of Canada.

Prime Minister Mark Carney announced C.2 billion for seabed mapping, weather forecasting and marine traffic monitoring as Canada expands oil exports toward Pacific markets.

One month before the November 3 midterm elections, Donald Trump pledged a $5,000 payment to every adult US citizen if Republicans win the House and Senate, funded by what he calls record tariff revenues.

Governor Kim Reynolds signed legislation granting Mesabi Metallics the largest tax incentive award in Iowa history, promising 1,750 permanent jobs but drawing fire over the breakneck pace of the deal.