Unpublished Newswire
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
A new report suggests that Canada needs a situation room to deal with the United States, as President Donald Trump has turned our southern neighbours into an ‘unreliable and hostile’ colleague. The new deals that have been signed in recent years are not worth the paper they were printed on, and that is mainly thanks to Trump’s trade war. Kristy Cameron digs deeper with Perrin Beatty, a former Defence Minister and business leader. Today, he is a member of the Expert Group on Canada-U.S. Relations. Here at home, today marks the start of a coroner’s inquest into the...
April 2, 2025 - 18:00 | | CFRA - 580 - Ottawa
Effective today, the Carbon Tax is no more, a reality that is surely angering the Tories as they lose a main source of election leverage. CTV's Matt Skube pays us a visit with his two cents. We also get to know another fun fact about Kristy Cameron. According to what the streets say, she loves dragonfruit! Plus, we deliver the latest breaking news headlines as they happen, right here on CFRA’s Ottawa Now.
April 1, 2025 - 18:03 | | CFRA - 580 - Ottawa
