logo
B.C. forestry executive warns against cutting bad deal after U.S. raises tariffs

B.C. forestry executive warns against cutting bad deal after U.S. raises tariffs

VICTORIA – An executive in British Columbia's forestry industry says Canada should stand up to the United States, even after U.S. President Donald Trump raised tariffs to 35 per cent from 25 per cent on some goods.
Brian Menzies, executive director of the Independent Wood Processors Association of British Columbia, says being 'kowtowed and pushed over' is neither good for Canada nor the United States.
Menzies says 'people respect people who stand up for what's important for them,' and if Canada does not stand up now, it won't be in a 'strong position to advocate for what's important.'
Menzies' comments come after Trump had announced tariffs of 35 per cent on all Canadian goods outside the Canada-United States-Mexico Agreement on free trade.
A statement from Premier David Eby's office says he remains focused on protecting workers and businesses in B.C. from the 'deeply harmful tariffs' imposed by Trump's administration.
Monday Mornings
The latest local business news and a lookahead to the coming week.
The statement says that Eby supports the federal government's efforts to get a 'good deal' for Canada, adding that he looks forward to speaking to Prime Minister Carney about the situation.
This report by The Canadian Press was first published Aug. 1, 2025.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Media Advisory - TD Bank Group to release third-quarter financial results Français
Media Advisory - TD Bank Group to release third-quarter financial results Français

Cision Canada

time23 minutes ago

  • Cision Canada

Media Advisory - TD Bank Group to release third-quarter financial results Français

TORONTO, Aug. 7, 2025 /CNW/ - TD Bank Group ("TD" or the "Bank") will release its third-quarter financial results and host an earnings conference call on Thursday, August 28, 2025. Financial results will be issued in a press release at approximately 6:00 a.m. ET. The call will be available live via TD's website at 8:30 a.m. ET and is expected to last approximately 60 minutes. The call and audio webcast will feature presentations by TD executives on the Bank's financial results for the third quarter, followed by a question-and-answer period with analysts. Presentation materials will be available on the TD website at on August 28, 2025, in advance of the call. A listen-only telephone line will be available at 416-340-2217 or 1-800-806-5484 (toll free) and the passcode is 2829533#. The audio webcast will be archived at Replay of the teleconference will be available from 5:00 p.m. ET on August 28, 2025, until 11:59 p.m. ET on September 12, 2025, by calling 905-694-9451 or 1-800-408-3053 (toll free) and the passcode is 8753393#. The presentations may contain forward-looking statements including statements regarding the business and anticipated financial performance of the Bank. Forward-looking statements are subject to a number of risks and uncertainties that may cause actual results to differ materially from those contemplated by the statements. Therefore, forward-looking statements should be considered carefully, and undue reliance should not be placed on them. About TD Bank Group The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group ("TD" or the "Bank"). TD is the sixth largest bank in North America by assets and serves over 27.9 million customers in four key businesses operating in a number of locations in financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust and TD Auto Finance Canada; U.S. Retail, including TD Bank, America's Most Convenient Bank®, TD Auto Finance U.S., and TD Wealth (U.S.); Wealth Management and Insurance, including TD Wealth (Canada), TD Direct Investing, and TD Insurance; and Wholesale Banking, including TD Securities and TD Cowen. TD also ranks among the world's leading online financial services firms, with more than 18 million active online and mobile customers. TD had $2.1 trillion in assets on April 30, 2025. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto Stock Exchange and New York Stock Exchange.

Cambodia formally nominates Trump for Nobel Peace Prize
Cambodia formally nominates Trump for Nobel Peace Prize

Toronto Sun

time23 minutes ago

  • Toronto Sun

Cambodia formally nominates Trump for Nobel Peace Prize

Published Aug 07, 2025 • 1 minute read U.S. President Donald Trump speaks during a meeting in the Oval Office of the White House in Washington, D.C., June 27, 2025. Photo by ANDREW CABALLERO-REYNOLDS / AFP / Getty Images Cambodia formally nominated President Donald Trump for the Nobel Peace Prize after the U.S. leader threatened to halt trade deals unless the Southeast Asian nation agreed to a ceasefire with Thailand in a recent armed conflict. 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 In a letter dated Aug. 7 to the Norwegian Nobel Committee, Cambodian Prime Minister Hun Manet said Trump's intervention in the conflict helped avert 'a potentially devastating conflict' and restored peace along the two countries' shared border. He credited Trump's 'visionary and innovative diplomacy' for the breakthrough. Trump had used his favored bargaining tool of trade deals and tariffs to get Cambodia and Thailand to agree to the truce last month. The ceasefire came after five days of clashes that included airstrikes and artillery shelling, which left dozens dead and displaced over 300,000 people along the roughly 800-kilometre (500-mile) border. The U.S. president has repeatedly said he deserves the Nobel Peace Prize for his role in mediating conflicts, including between Pakistan and India and Iran and Israel. Pakistan also nominated Trump for the prize, although India has consistently said Trump played no role in securing the truce. Recipients of the peace prize typically don't lobby for the award. Columnists Celebrity Editorial Cartoons Sunshine Girls World

Trump demands new U.S. census as redistricting war spreads
Trump demands new U.S. census as redistricting war spreads

Toronto Sun

time23 minutes ago

  • Toronto Sun

Trump demands new U.S. census as redistricting war spreads

Lawmakers in Texas are at loggerheads over a Republican move to ram through a redistricting measure seen as partisan. Photo by Daniel Slim / Files / AFP WASHINGTON — U.S. President Donald Trump on Thursday ordered officials to work on a new census excluding undocumented immigrants, as the White House presses Republican states to draw more favourable voter maps ahead of the 2026 midterm elections. 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 Trump called for a 'new and highly accurate' census that he wanted based on unspecified 'modern day facts and figures' gleaned from the 2024 election. 'People who are in our Country illegally WILL NOT BE COUNTED IN THE CENSUS,' he said in the social media post. The U.S. Constitution since 1790 has required a census every 10 years that counts the 'whole number of persons in each state' — including people in the country illegally. The next one is not due until 2030, although preparations for the enormous task are already underway. Trump did not make clear if he was referring to the regularly scheduled population count or a special survey undertaken earlier. The census is used to determine how many members of Congress are elected from each state, and the Pew Research Center estimates that ignoring unauthorized migrants in 2020 would have deprived California, Florida and Texas of one House seat each. 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. It is also used for apportioning votes in the state-by-state 'electoral college' that decides presidential elections and for allocating trillions of dollars in federal funding. Trump attempted similar moves in his first term, including the addition of a citizenship question to the census, but was blocked by the Supreme Court. The court declined to rule on whether the millions of people in the country without legal status should be excluded. Trump's call for a new census comes with state-level lawmakers and officials in Texas locking horns over a new electoral map that would likely net Republicans up to five extra House seats in 2026. Threats to lawmakers More than 50 Texas Democratic lawmakers have fled to multiple Democratic states in an effort to block the passage of the proposed blueprint during a special legislative session. This advertisement has not loaded yet, but your article continues below. Texas Republicans have threatened to arrest them, and U.S. Senator John Cornyn announced he had successfully petitioned the FBI to help state and local law enforcement locate them. Republican governors in several other states are exploring new maps in a bid to protect the party's razor-thin majority in the House, which would flip next year with three Democratic gains. Vice President JD Vance was scheduled to visit Indiana on Thursday to discuss redistricting with Governor Mike Braun and press local Republicans to eke out another seat for the party. Politico reported that Republicans could draw as many as 10 new seats ahead of the midterms and are targeting Ohio, Missouri, New Hampshire, South Carolina and Florida. This advertisement has not loaded yet, but your article continues below. But some Republicans have warned that opening a Pandora's box of mid-cycle partisan redistricting — known as 'gerrymandering' — risks making conservative lawmakers an endangered species in liberal states Republican congressman Kevin Kiley, whose seat would likely disappear under a retaliatory gerrymandering in California, has introduced a bill to block all mid-decade redistricting. In Indiana, Braun said any redistricting conversation would be 'exploratory,' as the state's maps were drawn fairly in 2021, Indianapolis public broadcaster WFYI reported. 'We tried to adhere to township lines and the configurations don't look like an octopus,' Braun said, according to the TV and radio network. Democrats have vowed to retaliate with their own proposals, possibly in New York and California, the country's largest states. Texas legislators were evacuated from their suburban Chicago hotel on Wednesday morning following an unspecified threat. State representative John Bucy told NBC News the group had spent two hours outside the building but had not been diverted from pursuing their 'fight for voting rights.' Democratic Illinois Governor JB Pritzker authorized state police to guard the group. Columnists Celebrity Editorial Cartoons Sunshine Girls World

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store