Could big ticket film and TV productions in N.L. get cut because of Trump's tariff talk?
At the Paul. L. Pope Centre for TV and Film, students have the chance to work on Hollywood productions like Reacher and Severance that shoot in N.L. But with President Donald Trump musing about tariffs on movies filmed outside the U.S., could those big ticket opportunities dry up?
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Canada Standard
6 minutes ago
- Canada Standard
China willing to work with Canada to promote steady improvement of bilateral ties: Premier Li
BEIJING, June 6 (Xinhua) -- China is willing to work with Canada, in the spirit of looking to the future, to promote the steady improvement of bilateral relations, bring them onto a track of sound and steady development, and strive for win-win cooperation, Chinese Premier Li Qiang said on Friday. Speaking with Canadian Prime Minister Mark Carney on the phone at the latter's request, Li said that Canada was one of the first Western countries to establish diplomatic relations with the People's Republic of China, and the bilateral relationship was at the forefront of China's ties with Western nations for a long time. However, in recent years, the relationship has suffered serious difficulties due to unnecessary disruptions, he added. The development of China and Canada represents opportunities rather than threats to each other, said Li, noting that there are no fundamental conflicts of interest between the two, only a tradition of friendship and mutual benefits. He expressed hope that the Canadian side will make joint efforts with the Chinese side, view China's development in an objective and rational manner, and work together to achieve shared success and prosperity. Looking ahead, there is enormous potential for China-Canada cooperation as the two economies are highly complementary, said Li, urging both sides to deepen cooperation in traditional areas, expand collaboration in emerging fields such as clean energy, climate change and scientific and technological innovation, and strengthen people-to-people as well as economic and trade exchanges. Li called on both governments to listen to their people, respond to their concerns, and do more to enhance bilateral friendly cooperation and increase mutual understanding and trust. China is willing to work with Canada, on the basis of equality and mutual respect, to seek and expand common ground while shelving and narrowing differences, strengthen exchanges and dialogue in various fields, and address each other's concerns appropriately, Li said. Noting that the current international situation is intertwined with turmoil, and unilateralism and protectionism are on the rise, Li said China is ready to work with Canada to jointly safeguard multilateralism and free trade, promote economic globalization and the multilateral trading system to develop in the right direction, and inject more stability into world peace and development. For his part, Carney said that Canada and China have a profound traditional friendship and China is Canada's second-largest trading partner. While bilateral relations have experienced some setbacks in recent years, he said, Canada is ready to restart its relationship with China. The Canadian side looks forward to resuming high-level exchanges and dialogue mechanisms in areas such as diplomacy and economic and trade with China, and strengthening pragmatic cooperation in trade, agriculture, energy and environmental protection, he added. In the face of the current international landscape, Canada is willing to enhance communication and coordination with China, jointly safeguard the international financial and trading system, and contribute to promoting global sustainable development, Carney said.
CTV News
7 minutes ago
- CTV News
Tesla shares rebound as Musk–Trump row shows signs of cooling
Tesla shares clawed back from steep losses on Friday, as a war of words between CEO Elon Musk and U.S. President Donald Trump appeared to cool amid report that White House aides were scheduling a call to help broker peace. Shares were up 5 per cent in premarket trading after Musk signalled on X he was open to easing tensions with Trump, agreeing with comments from hedge fund manager Bill Ackman calling for a detente. The spat between the world's most powerful man and its richest erased more than US$150 billion from Tesla's market value on Thursday, the company's biggest drop in one session. Short-sellers, or investors betting against the stock, pocketed nearly $4 billion from the drop, the second-biggest single-day of profit on record, according to data from Ortex. Tensions escalated after Musk stepped up criticism of Trump's sweeping tax and spending bill, which proposes largely ending the popular $7,500 EV tax incentive by the end of 2025. In response, Trump suggested cuts to the government's contracts with Musk's companies, including rocket maker SpaceX. 'It might be a bit too hopeful to think their relationship will ever go back to what it once was, but if cooler heads prevail and the tension eases, that would definitely be a big improvement for Tesla,' said Tesla shareholder Matthew Britzman, who is an analyst at Hargreaves Lansdown. Lofty stock valuation An open clash with Trump could pose multiple hurdles for Tesla and the rest of Musk's sprawling business empire. The U.S. Transportation Department regulates vehicle design standards and would have a big say in whether Tesla can mass-produce robotaxis without pedals and steering wheels. Tesla stock is down 29.5 per cent this year after a 14 per cent drop on Thursday. Still, the shares trade at 120 times expected earnings, a lofty multiple compared to other automakers and even tech giants such as Nvidia. The shares have been on a turbulent ride since last July when Musk backed Trump's White House bid. They surged initially as investors bet on less regulatory pressure for robotaxis, but tumbled due to soft sales and brand fallout from Musk's political stance. Some analysts said the rift was likely to blow over as it would be detrimental to both the president and his biggest backer. 'Those are obviously threats that are unlikely to come into fruition,' said City Index analyst Fiona Cincotta. 'I don't expect this to blow out into anything more serious than a war of words for a couple of days.' Reporting by Akash Sriram and Shashwat Chauhan in Bengaluru, Amanda Cooper and Samuel Indyk in London; Additional reporting by Purvi Agarwal; Editing by Sherry Jacob-Phillips, Tomasz Janowski and Arun Koyyur, Reuters
Toronto Sun
17 minutes ago
- Toronto Sun
Russian missile and drone attack across Ukraine kills 3 in Kyiv
Published Jun 06, 2025 • 4 minute read This handout photograph taken and released by the Ukrainian Emergency Service on June 6, 2025 shows firefighters extinguishing a blaze in an industrial facility following Russian strike in Ternopil region. Photo by HANDOUT/UKRAINIAN EMERGENCY SERVICE / AFP via Getty Images KYIV, Ukraine — Russia bombarded six regions of Ukraine in one of its largest aerial attacks of the three-year war, Ukrainian officials said Friday. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account The nighttime assault lasted for hours and killed three emergency responders in the capital Kyiv, according to authorities. The barrage included 407 drones and 44 ballistic and cruise missiles, Ukrainian air force spokesperson Yurii Ihnat said. Ukrainian forces said they shot down about 30 of the cruise missiles and up to 200 of the drones. The latest Russian attack came hours after U.S. President Donald Trump said it might be better to let Ukraine and Russia 'fight for a while' before pulling them apart and pursuing peace. Trump's comments were a remarkable detour from his often-stated appeals to stop the war and signaled he may be giving up on recent peace efforts. Ukrainian cities have come under regular bombardment since Russia invaded its neighbor in February 2022. The attacks have killed more than 12,000 civilians, according to the United Nations. This advertisement has not loaded yet, but your article continues below. 'Russia doesn't change its stripes,' Ukrainian President Volodymyr Zelenskyy said. Zelenskyy, as well as the Ukrainian Interior Ministry and the general prosecutor's office, said three emergency workers were killed in Kyiv while responding to the Russian strikes. 'They were working under fire to help people,' the Interior Ministry said in a statement. The war has continued unabated even as a U.S.-led diplomatic push for a settlement has brought two rounds of direct peace talks between delegations from Russia and Ukraine. The negotiations delivered no significant breakthroughs, however, and the sides remain far apart on their terms for an end to the fighting. RECOMMENDED VIDEO Ukraine has offered an unconditional 30-day ceasefire and a meeting between Zelenskyy and Russian leader Vladimir Putin to break the deadlock. But the Kremlin has effectively rejected a truce and hasn't budged from its demands. Your noon-hour look at what's happening in Toronto and beyond. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. 'The Kremlin continues efforts to falsely portray Russia as willing to engage in good-faith negotiations to end the war in Ukraine, despite Russia's repeated refusal to offer any concessions,' the Institute for the Study of War, a Washington-based think tank, said late Thursday. Putin said in a phone call with Trump earlier this week that he would respond to Ukraine's daring long-range attack on Russian air bases on Sunday. Russia's Defense Ministry claimed it had aimed at Ukrainian military targets with 'long-range precision weapons' and successfully struck arms depots, drone factories and repair facilities, among other targets. Ukrainian Foreign Minister Andrii Sybiha said the attacks demonstrated key differences between Russia and Ukraine. This advertisement has not loaded yet, but your article continues below. 'The difference … is that Ukraine hits legitimate military targets_such as aircraft equipped to bomb our children. Russia targets residential areas, civilians, and critical infrastructure,' Sybiha wrote on X. 'Putting Ukraine and Russia on equal footing is unacceptable.' Russia also reports drone attacks In Russia, air defenses shot down 10 Ukrainian drones heading toward the capital early Friday, Moscow Mayor Sergei Sobyanin said. Flights at Moscow airports were temporarily suspended during the night as a precaution. Ukrainian drones also targeted three other regions of Russia, authorities said, damaging apartment buildings and industrial plants. Three people were injured, officials said. Russia's Defense Ministry said that air defenses downed 174 Ukrainian drones over 13 regions early Friday. It added that three Ukrainian Neptune missiles were also shot down over the Black Sea. This advertisement has not loaded yet, but your article continues below. Ukraine struck airfields and other military targets in Russia, such as fuel storage tanks and transport hubs, the Ukrainian General Staff said. Also, a locomotive derailed early Friday in the Belgorod region after the track was blown up, Belgorod Gov. Vyacheslav Gladkov said. Russia has recently accused Ukraine of sabotaging the rail network. Ukrainian air defenses are strained In Kyiv, multiple explosions were heard for hours as falling drone debris sparked fires across several districts, said Tymur Tkachenko, head of the Kyiv City Administration. He urged people to seek shelter. Fourteen-year-old Kyiv resident Vitalina Vasylchenko sheltered in a parking garage with her 6-year-old sister and their mother after an explosion blew one of their windows off its hinges. This advertisement has not loaded yet, but your article continues below. 'I heard a buzzing sound, then my dad ran to me and covered me with his hand, then there was a very loud explosion,' she said. 'My whole life flashed before my eyes, I already thought that was it. I started having a panic attack … I'm shocked that I'm alive.' Ukraine's human rights chief, Dmytro Lubinets, called for a strong international response to Russia's latest overnight attack, saying the assault violated basic human rights. 'Russia is acting like a terrorist, systematically targeting civilian infrastructure,' Lubinets wrote on Telegram. 'The world must respond clearly and take concrete steps, including condemning the aggressor's actions.' Several districts of Kyiv are hit Authorities reported damage in several districts in Kyiv, and rescue workers responded to damage and fires at multiple locations. This advertisement has not loaded yet, but your article continues below. In Solomyanskyi district, a fire broke out on the 11th floor of a 16-story residential building. Emergency services evacuated three people from the apartment. The attack caused a blackout in some areas, and more than 2,000 households on Kyiv's eastern bank were without power, the Kyiv City Administration said. Elsewhere, 10 people were injured by an aerial attack on the western city of Ternopil, regional governor Viacheslav Nehoda said. The strike damaged industrial and infrastructure facilities, left parts of the city without electricity, and disrupted water supplies. Three people were also injured in Ukraine's central Poltava region. Russia also targeted the western Lviv and Khmelnytskyi regions, and the northern Chernihiv region. 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