ABE NEWS | TUESDAY, AUGUST 25, 2026 Canada has officially answered Washington’s latest tariffs, and the response marks another serious deterioration in one of the world’s largest and most deeply integrated trading relationships. The federal government announced Tuesday that it will impose new retaliatory tariffs on C$27.6 billion worth of goods imported from the…
ABE NEWS | TUESDAY, AUGUST 25, 2026 The trade confrontation between Canada and the United States has moved directly into one of the most important industries connecting the two economies. President Donald Trump is threatening to impose 50% tariffs on Canadian-made cars, trucks and automotive parts beginning January 1, 2027, dramatically escalating the dispute…
ABE NEWS | SATURDAY, AUGUST 22, 2026 For three days, Canada and the United States appeared to be moving toward a trade agreement. By midnight, it was gone. After intense negotiations in Washington, the two countries failed to finalize a deal Friday night. At 12:01 a.m. Saturday, the United States imposed new 50% tariffs…
ABE NEWS | THE WEEK IN BUSINESS | FRIDAY, AUGUST 21, 2026 Some weeks in business are dominated by one enormous event. This wasn’t one of them. Instead, the global economy spent the week sending signals from almost every direction. The United States crossed $40 trillion in national debt. Long-term government borrowing costs reached…
ABE NEWS | WEDNESDAY, AUGUST 19, 2026 Canada went to bed Tuesday night facing a 50% tariff. It woke up Wednesday without one. Less than two hours before nearly $20 billion worth of Canadian imports were supposed to face new U.S. tariffs, President Donald Trump stopped the clock. But only for: THREE DAYS. Trump…
ABE NEWS | MONDAY, AUGUST 17, 2026 Canada just got another inflation warning. The country’s annual inflation rate climbed to 3.0% in July, reaching the top of the Bank of Canada’s 1%–3% inflation-control range. But before blaming rent. Or groceries. Or wages. Look at one number: 25.7%. That’s how much gasoline prices increased compared…
ABE NEWS | MONDAY, AUGUST 17, 2026 The weekend was supposed to help. Canadian negotiators stayed in Washington. Meetings continued. Officials kept talking. Sunday came. Another meeting happened. And now it’s Monday morning. There is still no deal. That matters because Canada and the United States are no longer negotiating against some distant deadline….
Canada and the United States have been talking almost every day. Ministers are meeting. Negotiators are working behind the scenes. Both governments say they want an agreement. But with only days remaining before a major tariff deadline, there is one uncomfortable problem: They still don’t have a deal. Canadian Trade Minister Dominic LeBlanc told…
Canada and the United States are talking. But they still don’t have a deal. And with an August 19 tariff deadline getting closer, what looks like another disagreement between governments could soon become a much bigger issue for businesses, workers and consumers. Canadian officials are reportedly unhappy with Washington’s latest proposal to reduce tariffs, suggesting…
Air Canada is preparing for what could be one of its strongest fall travel seasons in years. Corporate travellers are returning. Premium travel remains strong. Passengers are still willing to fly. Normally, that sounds like the perfect environment for an airline. But there is a problem. Even with…
