A U.S. town once nicknamed ‘Little Canada’ struggles with looming tariffs

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A U.S. town once nicknamed ‘Little Canada’ struggles with looming tariffs

Winooski, Vermont, is not exactly a border town. It’s a nearly forty-minute drive from the dividing line between Canada and the United States. But many of its residents have deep roots and connections with their northern neighbours and are bracing for the impact of tariffs.

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Canadian Ambassador Kirsten Hillman leads a campaign of persuasion with the Trump administration and American legislators.

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A look inside Canada’s last-minute efforts to avert Trump’s steep tariffs

President Trump says his 25 percent tariff on imports from Canada will go into effect on Tuesday, despite Canadian officials’ efforts to persuade their American counterparts that they have improved border security. John Yang speaks with David McGuinty, Canada’s minister of public safety, who has been meeting this week in Washington with administration officials.

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US Tariff Concerns Fuel Expectations For BOC Rate Cut BBH

Canada’s economic landscape is expected to face a period of subdued growth, as the outlook for business investment remains muted. The latest market expectations indicate that there is more than a 50% chance of the Bank of Canada (BoC) implementing a 25 basis point (bps) policy rate cut in March. Over the next 12 months, markets are pricing in a total of 60bps of easing, up from the 40bps anticipated earlier this week. However, despite these expe…

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A look at Canada's last-ditch push in D.C. to avoid looming tariffs #Canadian #CanadaNewsToday #CanadianBusiness

Florida Republican Rep. Byron Donalds has said some unkind things about Canada. But when the Trump ally welcomed Canadian Ambassador Kirsten Hillman into his Capitol Hill office, it started out all smiles. “I hear that you have just announced that you’re running for governor,” Hillman enthused. “Congratulations!” Donalds — who has complained about Canada as a source of “unacceptable” drugs and immigration and trash-talked Canada’s 4 Nations hock…