The Canadian dollar fell to its lowest level since May 2020 after Donald Trump threatened to impose tariffs on Canadian goods shipped to the United States once he takes office in January.
The threat of tariffs added a further drag on the loonie, which has been moving lower against the U.S. dollar since September.The loonie was at 71.07 cents US in late-morning trading after dipping below 71 cents US earlier in the day.
These Apple Products Are Majorly On Sale On Amazon Canada Right Now, So It Might Be Time To Upgrade Your TechPaul Bernardo, one of Canada’s most notorious killers, is seeking parole at the medium security La Macaza Institution in Quebec. He was transferred there from an Ontario maximum-security prison last year, to significant public outcry.Prime Minister Justin Trudeau will be convening a meeting of all of Canada's premiers 'this week' to discuss U.S.
Researchers have discovered the residues of psychedelic drugs, bodily fluids and alcohol inside a 2,000-year-old mug, suggesting that ancient Egyptians imbibed hallucinogenic beverages during rituals.Google is fighting to beat back another attack by the U.S. Department of Justice alleging monopolistic conduct over its advertising technology.It appears that Swifties hoping to experience the final dates of the sold-out Eras Tour in December were given another chance Monday.
Ontario Premier Doug Ford is reacting to a threat from incoming U.S. president-elect Donald Trump to impose tariffs on imports from Canada, calling the proposal ‘insulting’ and emphasizing the need for leaders to work together on a response.Paul Bernardo, one of Canada’s most notorious killers, is seeking parole at the medium security La Macaza Institution in Quebec. He was transferred there from an Ontario maximum-security prison last year, to significant public outcry.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Loonie falls to lowest since 2020 after Trump threatens tariffs on Canadian goodsOTTAWA — The Canadian dollar fell to its lowest level since May 2020 after Donald Trump threatened to impose tariffs on Canadian goods shipped to the United States once he takes office in January.
Read more »
What Trump’s election could mean for Canadian rates and the loonieA weaker Canadian dollar tied to Donald Trump's victory could be inflationary north of the border, which could make our central bank more hesitant to cut rates too quickly.
Read more »
Canadian Dollar Reaches Lowest Point Since May 2020 Amid Trump's ThreatsThe Canadian dollar has reached its lowest point against the U.S. dollar since May 2020, owing to threats by Donald Trump to impose tariffs on Canadian goods once he takes office. The loonie, which had already been weakening due to domestic economic factors, further declined to 71.07 cents US in late morning trading.
Read more »
Joe Biden And Donald Trump Will Meet In The Oval Office On WednesdayTrump did not host Biden for such a meeting after Trump lost the election in 2020.
Read more »
Canadian Leaders Express Concern Over Trump's Proposed Tar on Canadian GoodsCanadian business and political leaders are voicing concerns about Donald Trump's pledge to impose a 25-per-cent tariff on all Canadian goods coming into the United States. They argue that such tariffs would harm businesses on both sides of the border and weaken North America's economic and geopolitical strength.
Read more »
Market Factors: Top Trump trades and why he’s bad for the loonieSome promising trades for Canadian investors
Read more »