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'We would likely go out of business': Canadian business owners sound the alarm over Trump's tariffs

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Business leaders across Canada are voicing concerns and fear over the widespread impact increased tariffs could have on their companies and workers, with some already looking to boost sales in other markets in the event their products become too expensive to sell to American customers.

The Canadian dollar fell to its lowest level since May 2020 after Donald Trump threatened to impose tariffs on Canadian goods shipped to the United States once he takes office in January.The Bank of Canada said on Tuesday that if U.S. President-elect Donald Trump follows through on his threat of tariffs on Canada, it would have an impact on both economies and the central bank would incorporate those into its economic forecasts.

Ontario Premier Doug Ford says a 25 per cent tariff on all Canadian goods proposed by U.S. president-elect Donald Trump is akin to 'a family member stabbing you right in the heart.'Notorious killer Paul Bernardo has been denied parole for a third time following a hearing before the Parole Board of Canada.Ontario Provincial Police are looking for a man who they say shot at several vehicles on Highway 401 in Mississauga Tuesday morning.

Waterloo, Ont. tech company Sandvine granted court order to explore refinancing, sale, investment opportunities Essex County OPP say a Lakeshore man is facing more sexual assault charges after a second alleged victim has come forward.Many times a day, people walk, ride or bike by two rusted rail lifts in front of the Rotary Club of Windsor’s Centennial Plaza on Riverside Drive.B.C. court levies $4K fine, year-long ban for illegal fishing

 

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