Economy
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Scheer removes Bernier as innovation critic over posting book dairy chapter online
Supply management could hurt the Conservatives in Quebec in the next election if dairy farmers feel the Tories won’t support it.
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NS premier expresses support for supply management in dairy, poultry
Says dairy and poultry farms are doing well, would look “very different” if the system were discontinued.
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Top US economic adviser Larry Kudlow suffers heart attack
Condition wasn’t immediately released by Walter Reed National Military Medical Center.
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Trump’s auto tariffs would devastate supply chains, cause mass layoffs: experts
US initiated an investigation to determine if automobile imports threaten to impair national security.
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Trump tariff tirade has MPs united across party lines, urging calm
Politicians across Canada, the US and Europe show solidarity with Trudeau.
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EU, IMF warn of US protectionism, back multilateral trade
Trudeau praised for “excellent preparation and chairing of this challenging summit.”
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7,500 jobs lost in May, unemployment rate holds steady at 5.8%
Manufacturing employment was down by 18,000, virtually unchanged compared with a year ago.
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Can’t ‘sugar coat’ the ‘offside’ actions of US, investor uncertainty: Morneau
Initiatives aimed at boosting G7 countries’ economic future come amid the trade turmoil.
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Statistics Canada says trade deficit narrowed to $1.9B in April
Canadian exporters in for a rough ride, says TD.
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How Trump’s tariffs are much bigger than Trump
Be prepared for digital economic nationalism, which is displacing liberal-internationalist globalization.
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Trump’s bilateral deal idea a tough sell
Canada says no, insists the NAFTA pact must be a trilateral deal.
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External risks more acute for Canada than in the recent past: IMF
Recommends it’s time to examine its corporate tax in the face of the changes in the US.
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Trump plans to go ahead with steel, aluminum tariffs on EU
EU has threatened to impose retaliatory tariffs on US orange juice, peanut butter and other goods in return.
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Canada must escape the corporate welfare trap
…to restore Canada’s business tax advantage over the US.
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Annual inflation cools to 2.2%, just above Bank of Canada midpoint
Statistics Canada says core measure above 2% for first time in six years.
