Mortgage renewals mean housing takes up 50% of many Canadians’ budgets

WASHINGTON, D.C. — Canada’s trade negotiators are racing to avert 50 per cent tariffs on hundreds of Canadian exports, imposed under the never-before-used Section 338 of the Tariff Act of 1930 and scheduled to take effect on Aug. 19. Canada-U.S. Trade Minister Dominic LeBlanc and Chief Negotiator Janice Charette are reportedly working with U.S. Trade Representative Jamieson Greer’s team on a deal to present to Trump early next week, aiming to avert the Section 338 tariffs and secure relief from Section 232 tariffs that have battered the lumber, aluminum and steel industries While a...