Canadian Prime Minister Mark Carney has announced a national trade plan and relief measures as Canada faces rising economic pressure from U.S. tariffs.
Canadian Prime Minister Mark Carney says he and the country’s premiers have agreed to develop a national trade strategy and announced a series of measures to support workers and businesses.
The announcement followed a meeting with provincial leaders in Ottawa, where some premiers urged the swift removal of internal trade barriers to strengthen Canada’s economic resilience.
The move comes as U.S. President Donald Trump escalated his trade war with Canada last week by imposing 25 percent tariffs on all steel and aluminum imports, prompting Canada to double its retaliatory tariffs on U.S. goods.
Carney said the federal government will waive the one-week waiting period for employment insurance for workers who lose their jobs due to the tariffs. He also announced that Canadian businesses will be temporarily allowed to defer income tax payments to improve cash flow.
Carney added that eliminating interprovincial trade barriers to the movement of workers, goods, and services could boost Canada’s economy by $250 billion—equivalent to more than $6,000 per Canadian.
Military representatives from Cambodia and Thailand met in Chanthaburi province on Wednesday ahead of formal ceasefire talks at the 3rd special GBC me...
Since the end of the 2020 conflict with Armenia, Azerbaijan continues to grapple with the enduring danger of landmines scattered across its regained t...
U.S. President Donald Trump has invited the leaders of Kazakhstan and Uzbekistan to attend the G20 summit set to be hosted in Miami next year....
The Iranian government has announced plans to build nuclear power plants using domestic industrial capacity in conjunction with Russia....
Uzbekistan is exploring potential cooperation with The Walt Disney Company on creative and tourism projects, including a long-term proposal to build a...
Military representatives from Cambodia and Thailand met in Chanthaburi province on Wednesday ahead of formal ceasefire talks at the 3rd special GBC meeting scheduled for 27th December.
Since the end of the 2020 conflict with Armenia, Azerbaijan continues to grapple with the enduring danger of landmines scattered across its regained territories.
Diplomatic efforts to end the war between Russia and Ukraine remain at an early and uncertain stage, despite increased international engagement.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 24th of December, covering the latest developments you need to know.
Vince Zampella, co-creator of the Call of Duty gaming franchise, has died in a car crash involving a Ferrari crash on Monday in Los Angeles, United States.
Israeli Prime Minister Benjamin Netanyahu said Israel is monitoring recent Iranian military exercises and will raise the issue with U.S. President Donald Trump during his visit to Washington next week.
Paramount has reaffirmed its bid to acquire Warner Bros. Discovery, offering $30 per share in cash and backing the proposal with a $40.4 billion personal equity guarantee from billionaire Larry Ellison, despite the target company’s board urging shareholders to reject the offer.
U.S. President Donald Trump has approved plans to construct a new class of battleships, which he described as larger, faster and significantly more powerful than any previous U.S. warship.
As the European Commission warns of possible visa suspension, Georgian authorities reject accusations of democratic backsliding. What is really at stake — and who could be affected most?
An international scientific-practical congress marking the 90th anniversary of the Azerbaijan State Advanced Training Institute for Doctors named after Aziz Aliyev has opened in Baku.
China has announced plans to fully cover childbirth-related costs for families as authorities move to incentivise young couples to have more children.
World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus said on Thursday that he still hopes the U.S. administration will reconsider its decision to withdraw from the organisation next month, warning that its exit would be a loss for the world.
The United States has signed significant health cooperation agreements with Uganda and Lesotho, further strengthening bilateral relations and advancing global health initiatives, the U.S. State Department announced on Wednesday.
A viral claim circulating online that Denmark requires sperm donors to have an IQ of at least 85 is misleading. While one Danish sperm bank, Donor Network, does use an IQ threshold, there is no nationwide legal requirement for donors to meet a specific level of intelligence.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment