Unpublished Newswire
Justin Trudeau, the now-former Prime Minister of Canada, didn’t want to push this button. But today, acting Prime Minister Mark Carney has pulled the trigger, as the United States will soon face Canadian counter-tariffs. This comes after U.S. President Donald Trump issued a wave of new tariffs, headlined by a significant hike in Auto sector parts. Does our counter-attack go far enough? Should we have re-negotiated CUSMA when we had the chance? Kristy Cameron sifts through the textboard and tackles today’s Question of the Day. Later in Hour 3, we also gather the latest...
April 3, 2025 - 18:02 | | CFRA - 580 - Ottawa
A five-storey building in Bells Corners was nearing completion until a massive fire burned it to the very ground it stood on. It was so big that it put several nearby buildings at risk, including Bell High School. Thankfully, nobody was hurt and the torn-to-shreds building was unoccupied when the blaze broke out. As a kind gesture of gratitude, a retirement home is hosting a ‘thank you’ luncheon for every single firefighter who battled and eventually contained Tuesday’s blaze. Kristy Cameron chats with Adriana Olvera, the General Manager of Thorncliffe Place Retirement...
April 3, 2025 - 18:01 | | CFRA - 580 - Ottawa
Less than 24 hours after the U.S. launched auto tariffs on Canada, our country is returning the favour. Mark Carney, acting in his capacity as Prime Minister, made the announcement official earlier today. America has stricken Canada with 25 percent tariffs on various Auto sector parts. For any U.S. vehicles who are not compliant with CUSMA, Canada will be slapping 25 percent retaliatory tariffs on every single one of them. Meantime, the fallout from these tariffs has already begun, as automaker Stellantis has made the difficult decision to shut down its massive Windsor assembly plant for...
April 3, 2025 - 18:00 | | CFRA - 580 - Ottawa
Earlier in today's show, we received details on U.S. President Trump's pending tariffs. And as of right now, we don't know exactly if Canada is getting a break. We'll try to get some details in Hour 4. We also have unconfirmed reports that an uninhabited island might be getting some of the Trump taxes. Because that definitely makes sense...
April 2, 2025 - 18:03 | | CFRA - 580 - Ottawa
America’s trade war with Canada is about to heat up in a matter of moments, as U.S. President Donald Trump is expected to unveil his next round of tariffs on ‘Liberation Day’. This also includes a series of reciprocal tariffs. We take you live to the White House once he steps up to the podium. Afterwards, we gather instant reaction from CFRA’s Andrew Pinsent.
April 2, 2025 - 18:02 | | CFRA - 580 - Ottawa
If you are working in an industry that is being threatened by U.S. tariffs, it might become a lot more difficult to borrow money from the nearby bank. According to an internal BMO memo that was shared with its brokers, they plan to tighten their lending criteria for self-employed borrowers who are working in Aluminum and Steel sectors. This directive also applies to other ‘high-risk’ industries, ranging from manufacturing and farming to other natural resources. The bank claims this move is being done to protect the ‘long-term financial health’ of its customers....
April 2, 2025 - 18:01 | | CFRA - 580 - Ottawa
