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U.S. cabinet members say Canada, Mexico could escape new tariffs

Treasury Secretary Steven Mnuchin reiterated President Trump's position that if a NAFTA deal can be reached Canada and Mexico will be exempted from new metals tariffs. Commerce Secretary Wilbur Ross voiced a similar sentiment


Metal producers stay firm in positions on U.S. tariffs and NAFTA negotiations

“I don’t see why Canada should jeopardize its negotiating positions at the NAFTA table for the tariff,” said Aluminium Association of Canada CEO Jean Simard


CN apologizes, promises immediate action to clear backlog of grain shipments

The railway says it's offering incentives for key operating employees to delay retirement and postpone vacations, and to entice recently-retired employees to return to work


Canada well positioned to handle turmoil over NAFTA talks, says Finance minister

Speaking to the Business Council of British Columbia in Vancouver, Bill Morneau said talks on the deal are "critically important" but Canada will remain firm in getting the best possible agreement
 
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Focus On

As Trump weighs tariff, U.S. steelmakers enjoy rising profits

The U.S. steel industry last year earned more than $2.8 billion, up from $714 million in 2016 and a loss in 2015, according to the U.S. Commerce Department. And the industry added more than 8,000 jobs between January 2017 and January 2018 » read more

Statistics Canada says trade deficit narrowed to $1.9 billion in January

Imports totalled $47.7 billion, and on the other side of the ledger, exports fell 2.1 per cent in January to $45.8 billion as seven of 11 sectors slipped lower » read more
 
Editor’s Picks 
 
Editors Pick

What’s fresh at McDonald’s? The beef in some burgers

The fast food chain will roll out fresh beef Quarter Pounders to most of its 14,000 U.S. restaurants by May. McDonald's Canada said it has no current plans to introduce fresh beef at its restaurants » read more
Editors Pick

High end sports cars gleam at Geneva auto show: Bring money

Ultra-expensive and exclusive models from Porsche, Ferrari, McLaren and other luxury car makers are on display at the Geneva International Motor Show through March 18 » read more
 
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