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Alberta government says premier in talks with potential overseas heavy oil buyer

Alberta government says premier in talks with potential overseas heavy oil buyer

CALGARY — The Alberta government says Premier Danielle Smith has been in talks with a multinational oil and petrochemical player about selling two million barrels per month of province-owned heavy oil.
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UK police arrest a man on suspicion of manslaughter over North Sea ship collision

UK police arrest a man on suspicion of manslaughter over North Sea ship collision

LONDON (AP) — British police arrested a man Tuesday on suspicion of manslaughter as they searched for answers about why a cargo ship hit a tanker transporting jet fuel for the U.S. military off eastern England, setting both vessels ablaze.
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Trump says he will double tariffs on Canadian steel, aluminum imports

Trump says he will double tariffs on Canadian steel, aluminum imports

WASHINGTON — U.S. President Donald Trump said Tuesday that he will double the tariff on steel and aluminum imports coming from Canada in response to Ontario's surcharge on electricity exports to the United States.
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Loblaw, George Weston settle bread price-fixing class-action lawsuits

Loblaw, George Weston settle bread price-fixing class-action lawsuits

Loblaw Cos. Ltd. and its parent company George Weston Ltd. have executed a settlement over a pair of class-action lawsuits related to an alleged industry-wide scheme to fix the price of bread. The $500 million settlement was announced last year.
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Liberal leadership race raises questions about possible fundraising 'loophole'

Liberal leadership race raises questions about possible fundraising 'loophole'

OTTAWA — Only two of the candidates in the Liberal leadership race — Mark Carney and Ruby Dhalla — disclosed their fundraising events to Elections Canada.
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Trump doubles planned tariffs on Canadian steel and aluminum to 50% as trade war intensifies

Trump doubles planned tariffs on Canadian steel and aluminum to 50% as trade war intensifies

WASHINGTON (AP) — President Donald 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 neighbor.
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S&P/TSX composite, U.S. stocks continue to slide amid North American trade tensions

S&P/TSX composite, U.S. stocks continue to slide amid North American trade tensions

TORONTO — Canada's main stock index slid alongside U.S. markets as tariff tensions between the two countries continued to mount. The S&P/TSX composite index was down 58.39 points at 24,322.32 in morning trading on Tuesday.
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Most of Wall Street sinks, but Tesla and other recent losers bounce back to soften the blow

Most of Wall Street sinks, but Tesla and other recent losers bounce back to soften the blow

NEW YORK (AP) — Most U.S. stocks are falling Tuesday following President Donald Trump's latest escalation in his trade war , pulling Wall Street 9% below its record set just a month ago . The S&P 500 was down 0.
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Carney's win kills Liberals' much-delayed plan to change capital gains tax

Carney's win kills Liberals' much-delayed plan to change capital gains tax

OTTAWA — Mark Carney's victory in the Liberal leadership race puts the final nail in the coffin of Ottawa's controversial plan to hike the inclusion rate on capital gains.
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What you need to know about steel and aluminum tariffs as Trump doubles rate to 50%

What you need to know about steel and aluminum tariffs as Trump doubles rate to 50%

A fresh wave of tariffs are set to kick in Wednesday, marking the latest escalation in the U.S.-Canada trade war. While industries that rely on steel and aluminum products had been bracing for 25 per cent levies on those products entering the U.S.
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