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Economy, Law & Politics

Dow drops 1,300 as US stocks lead worldwide sell-off after Trump's tariffs ignite a COVID-like shock

Dow drops 1,300 as US stocks lead worldwide sell-off after Trump's tariffs ignite a COVID-like shock

NEW YORK (AP) — Financial markets around the world are reeling Thursday following President Donald Trump’s latest and most severe set of tariffs , and the U.S. stock market is taking the worst of it so far. The S&P 500 was down 4.
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Leaders pitch savings bonds, GST-free Canadian cars to bolster tariff-struck economy

Leaders pitch savings bonds, GST-free Canadian cars to bolster tariff-struck economy

OTTAWA — The New Democrats and Conservatives pitched fresh ideas on the federal election trail Thursday to make Canada and its workers more resilient in the face of tariffs imposed by U.S. President Donald Trump.
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Vancouver mayor launches ‘retail security task force’ to combat theft

Vancouver mayor launches ‘retail security task force’ to combat theft

Vancouver Police Department recorded 7,686 shoplifting incidents in 2024
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Prime Minister Mark Carney says Canada will match U.S. auto tariffs

Prime Minister Mark Carney says Canada will match U.S. auto tariffs

OTTAWA — Prime Minister Mark Carney said Thursday that Canada will hit back against U.S. President Donald Trump's 25 per cent auto tariffs with matching levies on vehicles imported from the United States.
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Statistics Canada reports $1.5B trade deficit for February as exports fell

Statistics Canada reports $1.5B trade deficit for February as exports fell

OTTAWA — The country's merchandise trade balance fell to a deficit of $1.5 billion in February as exports fell, Statistics Canada said Thursday. The federal agency said the result compared with a surplus of $3.1 billion in January.
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North American markets tank as latest Trump tariffs heighten recession fears

North American markets tank as latest Trump tariffs heighten recession fears

TORONTO — Stock markets in Canada and the U.S. plunged in midday trading as investors reacted to the latest tariffs from U.S. President Donald Trump, while the loonie climbed higher compared with the U.S. dollar.
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‘Can’t just flip a switch’: Rerouting supply chains amid tariffs poses major hurdles

‘Can’t just flip a switch’: Rerouting supply chains amid tariffs poses major hurdles

MONTREAL — The notion that Canadian companies can simply switch supply chains in response to American tariffs is a fantasy, experts say.
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Downtown Vancouver sees decline in visits from workers, shoppers

Downtown Vancouver sees decline in visits from workers, shoppers

Granville and Robson streets saw more visitors while Alberni and West Hastings streets saw declines
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Mario Canseco: Five years later, B.C. remains among most supportive of COVID-19 measures

Mario Canseco: Five years later, B.C. remains among most supportive of COVID-19 measures

New Research Co. polling reveals most approve of pandemic response, but skepticism persists among Conservatives, Albertans, younger men
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Les Leyne: Trump's incoherence makes responding to tariff wall tricky

Les Leyne: Trump's incoherence makes responding to tariff wall tricky

Trump’s announcement was so incoherent that much of the rest of the world had to scramble to grasp even the basic details
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