Canada’s capital and political center
Oil prices have surged above $100 a barrel this week after the U.S.-Iran exchanges and Houthi operations disrupted tankers and energy facilities. Saudi authorities have reported repeated attacks on a Gulf-to-Red Sea pipeline and Houthi gains imperil Red Sea routes, forcing rerouting and pushing bond yields and fuel costs higher.
President Donald Trump has threatened to impose a 100% tariff on any country that implements a digital services tax on US tech companies, saying the levy would "supersede" trade deals and be applied immediately. European officials have warned they will respond to unilateral measures; legal and practical hurdles make the timetable for any US action unclear.
The USMCA renewal process is under way as the three North American partners weigh changes to the pact. Canada and Mexico seek a 16-year extension, while the United States signals willingness to renegotiate to boost domestic production. Negotiations are ongoing, with no immediate agreement expected, and the fate of tariffs and auto rules remains uncertain.
Canada and Alberta are advancing a major oil pipeline to connect Alberta’s oil sands to British Columbia’s coast, aiming to diversify exports beyond the United States. The plan envisions a 1+ million-barrel-per-day flow to Asia, along with LNG capacity and port expansions. Indigenous consultation and environmental safeguards are part of the talks, though opposition from BC and some First Nations persists.
Canada has selected ThyssenKrupp Marine Systems to build up to 12 conventionally powered submarines, with the contract potentially worth tens of billions of dollars. Prime Minister Carney has pledged higher defence spending and NATO interoperability as Ottawa seeks greater strategic autonomy ahead of the Ankara summit.
Canada’s Mark Carney has arrived in Saudi Arabia to deepen economic ties, with a focus on mining, energy cooperation, and investment in AI and skills development. The visit follows a 2023 diplomatic reset and precedes a signing ceremony for commercial agreements worth over CAD 1 billion.
Iraq’s prime minister travels to Washington to deepen economic ties as the Strait of Hormuz remains closed and fighting between the US and Iran intensifies. Oil output, IMF talks, and potential US investment are on the table while Iran-backed groups push back against disarmament. Diplomatic prospects hinge on stabilizing energy flows and expanding state control over weapons.
Officials say a string of fatal incidents involving immigration enforcement have prompted renewed scrutiny of DHS vetting and tactics. The Maine and Houston shootings have sparked demands for independent investigations and reforms as lawmakers push for oversight.
The White House has announced 50% tariffs on a wide range of Canadian goods, to take effect in 30 days under Section 338 of the Tariff Act of 1930. The duties will hit products from wine to cement and hockey sticks, exclude energy and critical minerals, and target goods previously protected by the USMCA; Ottawa has called the move a USMCA violation.
A rising cost of attending weddings is prompting guests to cut back or decline invitations. Across the UK and Japan, Scotland and Canada, guests report higher expenses from travel, outfits, gifts, and entertainment, with some hosts asking for cash tips. The trend reflects broader inflation and the pressure of maintaining social expectations in celebratory events.
The latest published pieces show a widening strike pattern across the Gulf, Strait of Hormuz, and nearby states. Tehran’s campaign targets civilian and strategic assets, while Gulf and U.S.-backed defenses intercept most threats. Diplomatic channels persist even as attacks resume, hinging on a broader security architecture rather than a single guarantee.
Kurdistan authorities have reported Iranian-launched drones struck the private office of KRG Prime Minister Masrour Barzani and the residence of the region's security agency chief on 17 August, with no casualties. The attacks come as Baghdad presses for a September 30 deadline to bring armed factions under state control and as cross-border strikes and US-Saudi operations have raised tensions across Iraq.
Canada and the United States have resumed intensive talks to avert steep US tariffs that could take effect this week. Ottawa has offered concessions, including removing a retaliatory auto tariff, while Washington has pressed provinces to lift bans on US alcohol and pushed demands on market access and content rules for autos. Negotiators are still finalising details.
AP and other outlets report that the PWHL’s replica Walter Cup has gone missing in transit en route to Lethbridge, Alberta, delaying a public event with Victoire forward Dara Greig. The original trophy remains at the Hockey Hall of Fame in Toronto.
Canada has suspended trade talks with the United States after last‑minute changes to a proposed deal, and Prime Minister Mark Carney has said Canada will match new 50% US tariffs "dollar for dollar". Washington has imposed duties on about $20bn of Canadian goods; both sides blame the other for collapsing talks.
Canada has matched the United States’ 50% tariffs on a broad range of goods, escalating a tense trade war. Ottawa says it will apply counter-tariffs across sectors including steel, dairy, appliances and electronics, while promising support for affected businesses as talks stall. The row centers on autos, housing materials and consumer items, with markets reacting to the broader clash over sovereignty and trade rules.
The United States has imposed 50% tariffs on roughly $20bn of Canadian goods and Canada has announced dollar‑for‑dollar retaliation, naming more than 700 U.S. products for 15%, 25% or 50% duties from Sept. 8. The moves have hit metals, autos, food and household goods and are pushing costs for manufacturers and consumers on both sides of the border.
Trump has threatened 50% tariffs on Canadian cars, trucks, auto parts and steel, arguing a US deficit is unsustainable. Ottawa says talks have collapsed; Canada plans retaliatory duties. The White House has not commented yet.
President Donald Trump has signed an executive order directing the Interior Department to change the U.S. federal name for Lake Ontario to "Lake America" and has said the change is effective immediately. The move comes as Washington and Ottawa have imposed 50% tariffs on billions of dollars of each other's goods and Canadian leaders have rejected the renaming.
The United States has imposed 50% tariffs on roughly $20bn of Canadian goods and has threatened 50% duties on vehicles from January 2027. Canada has unveiled dollar‑for‑dollar retaliatory tariffs on C$27.6bn of U.S. imports, taking effect 8 September, and has pledged more than C$7bn in support for affected firms and workers.
The Trump administration has escalated a trade dispute with Canada, unveiling an executive order to rename Lake Ontario as “Lake America.” Polls show most Americans oppose the change and tariffs, while Canada vows retaliation. The move coincides with broader tariff fights and political pressure ahead of midterm elections.
A wave of higher tariffs has escalated the US-Canada dispute, with Canada retaliating dollar-for-dollar as talks collapse. Canadians are shifting consumer habits, favoring local products, and businesses warn of rising costs. Trump pushes for broader punitive actions as the standoff deepens.
Canada rebuffs Donald Trump’s Lake America decree as US-Canada tariffs escalate; Reuters and Al Jazeera report tensions flare with broad economic risks and nationalist sentiment rising in Ottawa.
The Dutch central bank has shifted a portion of its gold reserves from New York and Ottawa to London to improve tradability and crisis readiness. The move, affecting about 86 tonnes, increases London’s share of Dutch gold to 32.1%, while New York and Ottawa each hold 18.5%. Central bank officials say the relocation strengthens resilience though they do not expect to deploy the gold.
President Donald Trump has announced he will block Bombardier from selling in the United States unless the Canadian company moves production to the U.S. His post follows a collapse in Canada-U.S. trade talks and reciprocal tariffs: Ottawa has introduced retaliatory levies on roughly $20–28 billion of U.S. goods.
AP News and other outlets report a deepening trade conflict as the United States imposes 50% tariffs on Canadian goods and Canada responds with targeted bans on alcohol, dairy whey, and motorcycles. The move follows stalled talks and rising tensions between the long-time allies.