National Business

OTTAWA — The country's merchandise trade balance fell to a deficit of $1.5 billion in February as exports fell, Statistics Canada said Thursday. The federal agency said the result compared with a surplus of $3.1 billion in January.

Dollarama Inc. says its business stands to be shaken but not upended by counter-tariffs Canada has applied to goods coming in from the U.S.

MONTREAL — Montreal-area home sales continued rising in March compared with the same month a year ago. The Quebec Professional Association of Real Estate Brokers says 4,975 homes in the region changed hands last month, up 11.

MONTREAL — The notion that Canadian companies can simply switch supply chains in response to American tariffs is a fantasy, experts say.

MONTREAL — Melanie McGovern was scrolling through her Instagram feed in February 2024 when she saw her 16-year-old niece had sent her a message. “I accepted it. And then the account reached out and asked me for money.

The number of Americans seeking unemployment benefits fell modestly last week, remaining within the same range of recent years. Jobless claim filings fell by 6,000 to 219,000 for the week ending March 29, the Labor Department said Thursday.

Automaker Stellantis is temporarily pausing production at its assembly plant in Windsor, Ont., for two weeks as it assesses the effects of the recently announced U.S. tariffs on imported vehicles.

BANGKOK (AP) — U.S. President Donald Trump’s announcement of a new 20% tariff on the European Union drew a sharp rebuke from European Commission President Ursula von der Leyen.

WASHINGTON — Prime Minister Mark Carney said Donald Trump's tariff regime will "fundamentally change the global trading system" after the U.S. president exempted Canada from his so-called "liberation day" tariff list unveiled on Wednesday.

OTTAWA — Conservative Leader Pierre Poilievre and the NDP's Jagmeet Singh spelled out their plans to deal with U.S.