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News
'We're getting hammered': Why this Canadian aluminum sector is crumbling while prices boom
1+ mon, 4+ week ago (1756+ words) Aluminum is the best-performing base metal this year, but extruders that process it say their businesses are dying amid surging prices, U.S. tariffs and dumping from overseas The chief executive of global mining giant Rio Tinto Group this spring praised his…...
The United States is losing its grip on Canada's steel market
5+ mon, 4+ week ago (1177+ words) largest source of foreign steel imports in Canada, market share amongst importers has shifted as the Canadian...cent in 2025. It said the countries that gained market share last year include Argentina, Mexico and South...
Algoma Steel CEO stepping down amid deep losses, ongoing U.S. tariffs
11+ mon, 1+ week ago (492+ words) tariff expense of $89.7 million. “The U.S. steel market remains largely closed to us, and broader market conditions continue to present headwinds,” Garcia...
How pickup trucks took centre stage with consumers and the U.S.-Canada trade war
1+ week, 4+ day ago (1079+ words) General Motors Co. says it will spend $144 million so that its Oshawa, Ont. assembly plant can build more kinds of the vehicle that has emerged as a sore spot in Canada’s trade war with the United States: pickup trucks. Today,…...
Canada 'systematically' losing promising startups to foreign buyers: CCI report
1+ mon, 2+ day ago (697+ words) companies it interviewed had already demonstrated market demand and commercial success, but Canada was unable...
Canadian food tech companies looking abroad as funding dries up past seed stage: survey
3+ week, 5+ day ago (401+ words) The two largest equity deals in the first half of 2026 were led by investors from the U.S. and Europe Canadian capital for food technology companies largely dries up past the seed stage, causing founders to tap foreign investors for larger cheques…...
Manufacturers in 'eye of the storm' of tariff war
3+ day, 4+ hour ago (109+ words) Financial Post Manufacturers in 'eye of the storm' of tariff war Dennis Darby talks to FP about the real impacts already hitting Canadian manufacturers in the trade war. Donald Trump raises the stakes of the trade war with Canada Trump…...
Why autos, alcohol and dairy are behind Trump’s new Canada tariffs
1+ mon, 3+ week ago (126+ words) Financial Post Why autos, alcohol and dairy are behind Trump’s new Canada tariffs Washington says Canadian policies unfairly restrict American exports. Ottawa argues some measures simply answer tariffs the United States imposed first. Baby boomers are trying to unload their…...
Posthaste: Tariff 'double whammy' headed straight for these Canadian businesses, report says
4+ day, 8+ hour ago (729+ words) Canada's manufacturing sector continues to be the most vulnerable to the escalating trade war Canadian sectors already reeling from United States tariffs now have to contend with a hit from Canadian counter-levies, possibly resulting in a “double tariff shock,” says…...
Carney cranks up steel import restrictions, relief on inter-Canada shipping rates
9+ mon, 2+ week ago (873+ words) The PM has said Canada is one of the countries 'most exposed to the fundamental restructuring of the global steel industry' New restrictions on foreign steel imports and policies designed to make it cheaper to ship steel to Western Canada…...