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.
As Argentina’s unemployment hits a four-year high, the spotlight has turned to the libertarian administration of President Javier Milei, whose sweeping economic reforms are reshaping the country’s social and labour landscape.
US President Donald Trump said Friday that a major deal with Harvard University could be announced soon.
US President Donald Trump rejected the official assessment from his intelligence community that Iran is not currently building a nuclear weapon.
NATO needs to evolve to meet today’s changing world, Italy’s Defense Minister Guido Crosetto said Friday.
Pakistan has nominated U.S. President Donald Trump for the 2026 Nobel Peace Prize for his "diplomatic role and leadership" during the recent crisis with India.
Israel’s Foreign Minister Gideon Sa’ar says Iran’s nuclear bomb development has been delayed by "at least two to three years" due to the ongoing conflict, while expressing doubt about diplomacy as European leaders push for renewed talks with Tehran in Geneva.
U.S. Vice President J.D. Vance visited military personnel in Los Angeles on Friday following their deployment to the city earlier this month in response to protests triggered by federal immigration enforcement actions.
As Argentina’s unemployment hits a four-year high, the spotlight has turned to the libertarian administration of President Javier Milei, whose sweeping economic reforms are reshaping the country’s social and labour landscape.
South Korea’s chief trade negotiator, Yeo Han-koo, will travel to the United States from June 22 to 27 for a new round of high-level discussions aimed at resolving escalating trade tensions, the Ministry of Trade, Industry and Energy announced on Saturday.
US President Donald Trump said Friday that a major deal with Harvard University could be announced soon.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
Peace is no longer a dream. It is a discussion. On the streets of Baku and Yerevan, it is also a question, of trust, of foreign interests, and of who truly wants it.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
The USS Nimitz is heading to the Middle East amid tensions between Israel and Iran. The U.S. aircraft carrier has a decades-long history in the region, from the 1979 hostage crisis to modern deployments, often serving as a key asset during periods of rising friction with Iran.
China has successfully mastered the technology to produce Yttrium-90, a critical medical isotope used in radiation therapy for liver cancer, within a commercial nuclear reactor.
German biotech firm BioNTech (22UAy.DE), has agreed to acquire domestic peer CureVac, for about $1.25 billion worth of BioNTech shares, it said on Thursday, to boost its work on new mRNA-based cancer treatments.
Revolutionizing Heart Care: How Artificial Intelligence Powered Digital Twins Are Shaping the Future of Medicine
Researchers at the University of Miami have discovered 230 new giant viruses in global ocean waters, shedding light on their hidden role in marine ecosystems and their potential impact on public health.
Mayo Clinic researchers have validated a blood test's high precision for diagnosing patients with cognitive impairment.This non-invasive, cost-effective breakthrough, detailed in Alzheimer's & Dementia, offers much-needed hope for earlier intervention and better management.
Israel’s Foreign Minister Gideon Sa’ar says Iran’s nuclear bomb development has been delayed by "at least two to three years" due to the ongoing conflict, while expressing doubt about diplomacy as European leaders push for renewed talks with Tehran in Geneva.
U.S. Vice President J.D. Vance visited military personnel in Los Angeles on Friday following their deployment to the city earlier this month in response to protests triggered by federal immigration enforcement actions.
As Argentina’s unemployment hits a four-year high, the spotlight has turned to the libertarian administration of President Javier Milei, whose sweeping economic reforms are reshaping the country’s social and labour landscape.
South Korea’s chief trade negotiator, Yeo Han-koo, will travel to the United States from June 22 to 27 for a new round of high-level discussions aimed at resolving escalating trade tensions, the Ministry of Trade, Industry and Energy announced on Saturday.
US President Donald Trump said Friday that a major deal with Harvard University could be announced soon.
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