Why are Shopify stocks soaring? Take our business and investing news quiz for the week ending May 16
This week: Prime Minister Mark Carney's new economy-focused cabinet was sworn in on Tuesday, including a well-known but rookie MP with a particularly buzzy title. Meanwhile, major Canadian companies Shopify and Onex were also making some big moves. But what were they up to? Take our quiz to find out.
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Toronto Sun
11 minutes ago
- Toronto Sun
Talks with Trump's team constructive before boosted tariff announced, ambassador says
Published Aug 01, 2025 • 1 minute read Dominic LeBlanc, minister of Canada-U.S. trade and intergovernmental affairs, and Kirsten Hillman, Canada's ambassador to the U.S. talk with media at the G7 summit in June. Photo by Gavin Young / Postmedia Network WASHINGTON — Canada's ambassador to the United States says a lot of progress has been made with her American counterparts on trade — despite President Donald Trump's decision to boost tariffs on Canada to 35 per cent today. 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 Kirsten Hillman, who also serves as Canada's top negotiator with the U.S., says there were professional and constructive conversations with Trump's team throughout the week. But ultimately, Hillman says, the right deal for Canada wasn't on the table. While Trump's latest tariffs appear staggering, Hillman says it's important to remember that there is a carveout for goods compliant under the Canada-U.S.-Mexico Agreement on trade. She says that keeps Canada in a better position than nearly any other country. Hillman says she's not discouraged by the increased duties and talks are continuing with the Trump administration. Canada Toronto & GTA Celebrity Columnists Toronto Blue Jays
Winnipeg Free Press
11 minutes ago
- Winnipeg Free Press
Talks with Trump's team constructive before boosted tariff announced, ambassador says
WASHINGTON – Canada's ambassador to the United States says a lot of progress has been made with her American counterparts on trade — despite President Donald Trump's decision to boost tariffs on Canada to 35 per cent today. Kirsten Hillman, who also serves as Canada's top negotiator with the U.S., says there were professional and constructive conversations with Trump's team throughout the week. But ultimately, Hillman says, the right deal for Canada wasn't on the table. While Trump's latest tariffs appear staggering, Hillman says it's important to remember that there is a carveout for goods compliant under the Canada-U.S.-Mexico Agreement on trade. She says that keeps Canada in a better position than nearly any other country. Hillman says she's not discouraged by the increased duties and talks are continuing with the Trump administration. This report by The Canadian Press was first published Aug. 1, 2025.
Globe and Mail
11 minutes ago
- Globe and Mail
S&P 500 sinks 1.6%, its worst drop since May, following surprisingly weak hiring numbers and Trump's tariff rollout
NEW YORK (AP) — S&P 500 sinks 1.6%, its worst drop since May, following surprisingly weak hiring numbers and Trump's tariff rollout.
