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Exxon Mobil explores natural gas-fired power plants to power data centers
Trudeau told Trump Americans would also suffer if tariffs are imposed, a Canadian minister saysNone
NEW YORK (AP) — Technology stocks pulled Wall Street to another record amid a mixed Monday of trading. The S&P 500 rose 0.2% from its all-time high set on Friday to post a record for the 54th time this year. The Dow Jones Industrial Average fell 128 points, or 0.3%, while the Nasdaq composite gained 1%. Super Micro Computer, a stock that’s been on an AI-driven roller coaster, soared 28.7% to lead the market. Following allegations of misconduct and the resignation of its public auditor , the maker of servers used in artificial-intelligence technology said an investigation found no evidence of misconduct by its management or by the company’s board. It also said that it doesn’t expect to restate its past financials and that it will find a new chief financial officer, appoint a general counsel and make other moves to strengthen its governance. Big Tech stocks also helped prop up the market. Gains of 1.8% for Microsoft and 3.2% for Meta Platforms were the two strongest forces pushing upward on the S&P 500. Intel was another propellant during the morning, but it lost an early gain to fall 0.5% after the chip company said CEO Pat Gelsinger has retired and stepped down from the board. Intel is looking for Gelsinger’s replacement, and its chair said it’s “committed to restoring investor confidence.” Intel recently lost its spot in the Dow Jones Industrial Average to Nvidia, which has skyrocketed in Wall Street’s frenzy around AI. Stellantis, meanwhile, skidded following the announcement of its CEO’s departure . Carlos Tavares steps down after nearly four years in the top spot of the automaker, which owns car brands like Jeep, Citroën and Ram, amid an ongoing struggle with slumping sales and an inventory backlog at dealerships. The world’s fourth-largest automaker’s stock fell 6.3% in Milan. The majority of stocks in the S&P 500 likewise fell, including California utility PG&E. It dropped 5% after saying it would sell $2.4 billion of stock and preferred shares to raise cash. Retailers were mixed amid what’s expected to be the best Cyber Monday on record and coming off Black Friday . Target, which recently gave a forecast for the holiday season that left investors discouraged , fell 1.2%. Walmart , which gave a more optimistic forecast, rose 0.2%. Amazon, which looks to benefit from online sales from Cyber Monday, climbed 1.4%. All told, the S&P 500 added 14.77 points to 6,047.15. The Dow fell 128.65 to 44,782.00, and the Nasdaq composite climbed 185.78 to 19,403.95. The stock market largely took Donald Trump’s latest threat on tariffs in stride. The president-elect on Saturday threatened 100% tariffs against a group of developing economies if they act to undermine the U.S. dollar. Trump said he wants the group, headlined by Brazil, Russia, India and China, to promise it won’t create a new currency or otherwise try to undercut the U.S. dollar. The dollar has long been the currency of choice for global trade. Speculation has also been around a long time that other currencies could knock it off its mantle, but no contender has come close. The U.S. dollar’s value rose Monday against several other currencies, but one of its strongest moves likely had less to do with the tariff threats. The euro fell amid a political battle in Paris over the French government’s budget . The euro sank 0.7% against the U.S. dollar and broke below $1.05. In the bond market, Treasury yields gave up early gains to hold relatively steady. The yield on the 10-year Treasury climbed above 4.23% during the morning before falling back to 4.19%. That was just above its level of 4.18% late Friday. A report in the morning showed the U.S. manufacturing sector contracted again last month, but not by as much as economists expected. This upcoming week will bring several big updates on the job market, including the October job openings report, weekly unemployment benefits data and the all-important November jobs report. They could steer the next moves for Federal Reserve, which recently began pulling interest rates lower to give support to the economy. Economists expect Friday’s headliner report to show U.S. employers accelerated their hiring in November, coming off October’s lackluster growth that was hampered by damaging hurricanes and strikes. “We now find ourselves in the middle of this Goldilocks zone, where economic health supports earnings growth while remaining weak enough to justify potential Fed rate cuts,” according to Mark Hackett, chief of investment research at Nationwide. In financial markets abroad, Chinese stocks led gains worldwide as monthly surveys showed improving conditions for manufacturing, partly driven by a surge in orders ahead of Trump’s inauguration next month. Both official and private sector surveys of factory managers showed strong new orders and export orders, possibly partly linked to efforts by importers in the U.S. to beat potential tariff hikes by Trump once he takes office. Indexes rose 0.7% in Hong Kong and 1.1% in Shanghai. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.
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50 Cent is mocking Jay-Z and Sean "Diddy" Combs on social media after they were accused of raping a 13-year-old girl in 2000. The "Baby by Me" rapper, 49, shared a fake AI video, originally posted by the account @manmeetsmachine, on Instagram Tuesday that shows Jay-Z, 55, and Combs, 55, getting arrested and sent to jail. 9 50 Cent performs at the 26th Annual Best Buddies Miami Gala Honoring Global. Getty Images for Best Buddies International The video, set to the song "Sound of da Police" by rapper KRS-One, begins with the pair being placed in handcuffs by police officers and escorted off in front of other party guests. 9 Jay-Z and Diddy in AI video. Jay-Z and Combs are both wearing suits and holding wine glasses during their arrests. The video ends with the rappers standing in a jail cell. 9 Diddy and Jay-Z in AI video. 9 Diddy and Jay-Z in AI video. 50 Cent captioned his post, "I want to post this but I'm afraid I'm gonna get shot. LOL 😆." On Sunday, Jay-Z (born Shawn Carter) and Combs were both named in a lawsuit filed in October by "Jane Doe," who accused them of raping her at an after-party for the 2000 MTV Video Music Awards when she was 13. The complaint, which was obtained by The Post, also claims the assault... Eric TodiscoBig Ten could place four teams in playoff, thanks to IU's rise
By ROB GILLIES, Associated Press TORONTO (AP) — Prime Minister Justin Trudeau told Donald Trump that Americans would also suffer if the president-elect follows through on a plan to impose sweeping tariffs on Canadian products , a Canadian minister who attended their recent dinner said Monday. Trump threatened to impose tariffs on products from Canada and Mexico if they don’t stop what he called the flow of drugs and migrants across their borders with the United States. He said on social media last week that he would impose a 25% tax on all products entering the U.S. from Canada and Mexico as one of his first executive orders. Canadian Public Safety Minister Dominic LeBlanc, whose responsibilities include border security, attended a dinner with Trump and Trudeau at Trump’s Mar-a-Lago club on Friday. Trudeau requested the meeting in a bid to avoid the tariffs by convincing Trump that the northern border is nothing like the U.S. southern border with Mexico . “The prime minister of course spoke about the importance of protecting the Canadian economy and Canadian workers from tariffs, but we also discussed with our American friends the negative impact that those tariffs could have on their economy, on affordability in the United States as well,” LeBlanc said in Parliament. If Trump makes good on his threat to slap 25% tariffs on everything imported from Mexico and Canada, the price increases that could follow will collide with his campaign promise to give American families a break from inflation. Economists say companies would have little choice but to pass along the added costs, dramatically raising prices for food, clothing, automobiles, alcohol and other goods. The Produce Distributors Association, a Washington trade group, said last week that tariffs will raise prices for fresh fruit and vegetables and hurt U.S. farmers when the countries retaliate. Canada is already examining possible retaliatory tariffs on certain items from the U.S. should Trump follow through on the threat. After his dinner with Trump, Trudeau returned home without assurances the president-elect will back away from threatened tariffs on all products from the major American trading partner. Trump called the talks “productive” but signaled no retreat from a pledge that Canada says unfairly lumps it in with Mexico over the flow of drugs and migrants into the United States. “The idea that we came back empty handed is completely false,” LeBlanc said. “We had a very productive discussion with Mr. Trump and his future Cabinet secretaries. ... The commitment from Mr. Trump to continue to work with us was far from empty handed.” Joining Trump and Trudeau at dinner were Howard Lutnick, Trump’s nominee for commerce secretary, North Dakota Gov. Doug Burgum, Trump’s pick to lead the Interior Department, and Mike Waltz, Trump’s choice to be his national security adviser. Canada’s ambassador to the U.S., Kirsten Hillman, told The Associated Press on Sunday that “the message that our border is so vastly different than the Mexican border was really understood.” Hillman, who sat at an adjacent table to Trudeau and Trump, said Canada is not the problem when it comes to drugs and migrants. On Monday, Mexico’s president rejected those comments. “Mexico must be respected, especially by its trading partners,” President Claudia Sheinbaum said. She said Canada had its own problems with fentanyl consumption and “could only wish they had the cultural riches Mexico has.” Flows of migrants and seizures of drugs at the two countries’ border are vastly different. U.S. customs agents seized 43 pounds of fentanyl at the Canadian border during the last fiscal year, compared with 21,100 pounds at the Mexican border. Most of the fentanyl reaching the U.S. — where it causes about 70,000 overdose deaths annually — is made by Mexican drug cartels using precursor chemicals smuggled from Asia. On immigration, the U.S. Border Patrol reported 1.53 million encounters with migrants at the southwest border with Mexico between October 2023 and September 2024. That compares to 23,721 encounters at the Canadian border during that time. Canada is the top export destination for 36 U.S. states. Nearly $3.6 billion Canadian (US$2.7 billion) worth of goods and services cross the border each day. About 60% of U.S. crude oil imports are from Canada, and 85% of U.S. electricity imports as well. Canada is also the largest foreign supplier of steel, aluminum and uranium to the U.S. and has 34 critical minerals and metals that the Pentagon is eager for and investing for national security.After institutions for people with disabilities close, graves are at risk of being forgottenOverinvested in CSL? Here are two alternative ASX healthcare stocks
The land near Dow's Lake that will one day be the new home of the Ottawa Hospital's Civic Campus is being clear cut in preparation for construction. Crews were seen Tuesday clearing land and trees from an area around Maple Drive, including near the tennis courts in the area. The main hospital will be built between Maple and Prince of Wales drives. This is another step in the plan to construct a cutting-edge replacement for the aging Civic Campus, which just celebrated its 100th anniversary. The new hospital is planned to have a rooftop helipad, the most advanced trauma centre in eastern Ontario, specialized surgical suites, specialty programs and outpatient clinics, and is expected to have one of the most innovative neuroscience research programs in the world. Construction has already begun on the hospital's parking garage. PCL Constructors and EllisDon have been named as the construction team for the $2.8 billion project. The Ministry of Health is funding $2.1 billion toward the new hospital. The remaining costs are expected to be covered through other revenue streams, including a $500-million fundraiser. Construction is slated to be completed in 2028. Shopping Trends The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us. 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Loonie falls to lowest since 2020 after Trump threatens tariffs on Canadian goods The Canadian dollar fell to its lowest level since May 2020 after Donald Trump threatened to impose tariffs on Canadian goods shipped to the United States once he takes office in January. As Trump vows major tariff hike, a look at what the U.S. imports from Canada Some Canadian products could face huge tariffs on the first day of Donald Trump's administration in January. Here’s a quick look at what the U.S. imports from Canada. Canadian government suspends contracts with Boissonnault's former company The medical supply company co-founded by Liberal MP and former minister Randy Boissonnault has been suspended from bidding on or entering into contracts with the Government of Canada. DEVELOPING | Follow live: Notorious killer Paul Bernardo seeks parole Paul Bernardo, one of Canada’s most notorious killers, is seeking parole at the medium security La Macaza Institution in Quebec. He was transferred there from an Ontario maximum-security prison last year, to significant public outcry. Longtime member of Edmonton theatre community dies during 'A Christmas Carol' performance Edmonton's theatre community is in mourning after an actor died during a performance of "A Christmas Carol" at the Citadel Theatre on Sunday. Violence in Montreal had nothing to do with pro-Palestinian cause: police chief Montreal's police chief says it's 'impossible' for protest organizers to prevent people bent on violence from infiltrating demonstrations. They thought they'd found Amelia Earhart's plane. Instead, the search continues The disappearance of pioneering aviator Amelia Earhart more than 87 years ago has remained one of the most captivating mysteries in history, with a handful of explorers devoted to scouring the seas for any clue to her final whereabouts. DEVELOPING | Trudeau confirms premiers meeting, Poilievre calls Trump tariff threat 'unjustified' Prime Minister Justin Trudeau will be convening a meeting of all of Canada's premiers 'this week' to discuss U.S. president-elect Donald Trump's intent to impose a 25 per cent tariff on all products from Canada and Mexico on his first day in office, if border issues aren't addressed. Atlantic Nova Scotians head to the polls to vote in snap election; results delayed by an hour Nova Scotians are casting their votes Tuesday in a snap provincial election, but they won't learn the outcome until after 9 p.m., due to a delayed opening at a polling station. N.S. lobster buyer calls for heightened policing after shot fired into Meteghan home A lobster buyer in Meteghan, N.S., is looking for heightened policing aimed at organized crime after a bullet was fired into his home on Saturday night. 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Montreal Violence in Montreal had nothing to do with pro-Palestinian cause: police chief Montreal's police chief says it's 'impossible' for protest organizers to prevent people bent on violence from infiltrating demonstrations. Shipping container of teddy bears pulled out of river near Montreal A shipping container full of teddy bears that fell into the St. Lawrence River near the Port of Montreal over the weekend has been successfully removed. Legault says Trump's 25 per cent tariff would pose 'huge risk' for Quebec, Canadian economies Premier François Legault says President-elect Donald Trump's threat of a 25 per cent tariff on all imports would pose a 'huge risk' to the Quebec and Canadian economies. Northern Ontario Sudbury resident scammed out of $20K, suspect from southern Ont. charged A 21-year-old from southern Ontario has been charged with several offences after a victim from Greater Sudbury was tricked into giving him $20,000. Suspect in attempted murder in Cobalt, Ont., makes court appearance The 18-year-old suspect charged in a disturbing attack on his ex-girlfriend was in court Tuesday morning. Sault police issue alert about surge in grandparent scams The Sault Ste. Marie Police Service warned residents Tuesday about a surge in grandparent scams targeting local senior citizens. Windsor Two suspects wanted for pharmacy break-in Windsor police are searching for two suspects after a break-in at a pharmacy on Tecumseh Road East. Lakeshore man facing more sex assault charges after second alleged victim comes forward Essex County OPP say a Lakeshore man is facing more sexual assault charges after a second alleged victim has come forward. Amicable end proposed for former Grace Hospital site The Corporation of the City of Windsor and Fairmount Properties LLC issued a joint statement about the former Grace Hospital site near downtown Windsor. London Fatal crash reported south of Ingersoll A stretch of road south of Ingersoll is expected to be closed for several hours following a crash. OPP are on scene of the two-vehicle crash on Plank Line, which is closed between McBeth Road and Salford Road. Man allegedly breaks into woman’s house, stands naked with a knife beside her bed: Sarnia police Sarnia police have issued a public safety advisory in the area of Kathleen Avenue and East Street following the report of a disturbing break and enter. Victims' families urge parole board to keep 'sadistic' killer Bernardo behind bars The mothers of two teenage girls who were tortured and murdered by Paul Bernardo made emotional pleas at a Parole Board of Canada hearing Tuesday to keep the notorious killer and rapist behind bars, as he makes his third attempt to secure a release. Kitchener Victims' families urge parole board to keep 'sadistic' killer Bernardo behind bars The mothers of two teenage girls who were tortured and murdered by Paul Bernardo made emotional pleas at a Parole Board of Canada hearing Tuesday to keep the notorious killer and rapist behind bars, as he makes his third attempt to secure a release. Police responding to barricaded person call in Kitchener There is an increased police presence in a Kitchener neighbourhood as police respond to a call about a barricaded person. INTERPOL warns Guelph Police of concerning social media post A Guelph teenager has learned to be more careful about what she posts online after one of her Snapchat stories caught the attention of INTERPOL. Barrie One person seriously injured in collision with dump truck Emergency crews are at the scene of a serious collision between a dump truck and a minivan in Clearview Township. Multi-vehicle crash involving dump truck sends 3 to hospital Three people were hospitalized after police say a dump truck struck four vehicles in Newmarket on Monday afternoon. Midland murder trial enters final week with accused claiming self-defence The trial of a Midland man accused of murder in the fatal stabbing of his tenant three years ago is in its final week as the Crown and defence prepare to make their closing arguments to the jury. Winnipeg 'It would mean a recession': Premier Kinew speaks on Trump's tariff threat Tariffs on Canadian goods headed to the United States would mean a recession in Manitoba. That is how Manitoba Premier Wab Kinew feels about comments from president-elect Donald Trump Monday. Portage la Prairie Mall closing after 45 years A beloved retail staple in Portage la Prairie, Man., is shutting its doors at the end of the year. Steinbach man charged with child luring: RCMP A 20-year-old man from Steinbach has been charged with child luring, and RCMP have released one of his social media handles to help identify more victims. Calgary Alberta Premier Danielle Smith says Trump's border concerns are valid as tariffs loom Alberta Premier Danielle Smith says Donald Trump’s concerns about the border are valid, as the president-elect threatens sweeping tariffs on Canadian goods. LIVE at 3:30 | Alberta to announce actions against Ottawa's proposed emissions cap The Alberta government is hitting back at the proposed federal emissions cap Tuesday afternoon. Falconridge road rage incident investigated by Calgary police Calgary police are looking for video as they investigate an instance of road rage in Falconridge. Edmonton LIVE at 3:30 | Alberta to announce actions against Ottawa's proposed emissions cap The Alberta government is hitting back at the proposed federal emissions cap Tuesday afternoon. Alberta Premier Danielle Smith says Trump's border concerns are valid as tariffs loom Alberta Premier Danielle Smith says Donald Trump’s concerns about the border are valid, as the president-elect threatens sweeping tariffs on Canadian goods. Alberta building new youth recovery beds at Edmonton jail The Alberta government is spending millions to create new spaces for youth addiction recovery at an Edmonton jail. Regina Defence-called expert says Regina chiropractor accused of sexual assault followed industry standards An expert called by Ruben Manz’s defence counsel testified the Regina-based chiropractor, who is facing several sexual assault charges, followed the industry standard of care when treating the complainants. Sask. premier says Trump tariff on products would be 'disastrous' for food security, energy, employment Saskatchewan Premier Scott Moe says if President-elect Donald Trump imposes a 25 per cent tariff on all products from Canada and Mexico it would have a disastrous effect on food security and energy across North America. IN PICTURES | Here are the winners of the 2024 ExploreSask photo contest The winners of Tourism Saskatchewan's annual ExploreSask photo contest have been revealed. Saskatoon Saskatoon man hospitalized after he was allegedly stabbed in the forehead A man has been taken to hospital after he was allegedly stabbed in the forehead early on Tuesday. City budget adjusted to include 5.84% property tax bump The City of Saskatoon's planned property tax increase in its proposed budget has been marginally bumped up to 5.84 per cent. Saskatoon businesses prepare for possible holiday impact amid Canada Post strike As Canada Post workers mark their second week on the picket line, some Saskatoon businesses say they’ve had to adapt to disruptions in postal services during their busiest time of year. Vancouver B.C. teen with avian flu remains in critical care, source of infection still unknown The teenager who is infected with the first human case of H5N1 avian influenza acquired in Canada remains in critical care at BC Children’s Hospital, officials said Tuesday. B.C. premier says Canada will negotiate from 'position of strength' on US tariff British Columbia Premier David Eby says Canada must stand together and negotiate from its position on strength against plans by United States president-elect Donald Trump to impose a 25 per cent tariff on imports from Canada and Mexico. Shots fired into Delta home, police say No one was injured when a suspect fired shots into a home in North Delta early Tuesday morning, police say, and the suspect remains at large. Vancouver Island B.C. premier says Canada will negotiate from 'position of strength' on US tariff British Columbia Premier David Eby says Canada must stand together and negotiate from its position on strength against plans by United States president-elect Donald Trump to impose a 25 per cent tariff on imports from Canada and Mexico. B.C. teen with avian flu remains in critical care, source of infection still unknown The teenager who is infected with the first human case of H5N1 avian influenza acquired in Canada remains in critical care at BC Children’s Hospital, officials said Tuesday. Mounties seize cannabis, submachine guns in B.C. investigation Mounties say they have dismantled a large drug distribution ring in Metro Vancouver, seizing automatic weapons and hundreds of kilograms of illicit cannabis. Kelowna Man in hospital following targeted shooting in Kamloops Police are appealing for information on a targeted shooting that resulted in the hospitalization of a man in Kamloops. Police cleared of fault in fatal 2023 crash in B.C.'s Interior British Columbia's independent police watchdog has cleared officers of wrongdoing in a crash where three people were killed south of Kamloops in July of last year. B.C. woman sentenced for stealing $14K in funds raised for schoolkids A B.C. woman who stole more than $14,000 in volunteer-raised funds that were supposed to be spent on school supplies and programs – including hot meals for vulnerable kids – won't spend any time in jail. Stay Connected
By ROB GILLIES, Associated Press TORONTO (AP) — Prime Minister Justin Trudeau told Donald Trump that Americans would also suffer if the president-elect follows through on a plan to impose sweeping tariffs on Canadian products , a Canadian minister who attended their recent dinner said Monday. Trump threatened to impose tariffs on products from Canada and Mexico if they don’t stop what he called the flow of drugs and migrants across their borders with the United States. He said on social media last week that he would impose a 25% tax on all products entering the U.S. from Canada and Mexico as one of his first executive orders. Canadian Public Safety Minister Dominic LeBlanc, whose responsibilities include border security, attended a dinner with Trump and Trudeau at Trump’s Mar-a-Lago club on Friday. Trudeau requested the meeting in a bid to avoid the tariffs by convincing Trump that the northern border is nothing like the U.S. southern border with Mexico . “The prime minister of course spoke about the importance of protecting the Canadian economy and Canadian workers from tariffs, but we also discussed with our American friends the negative impact that those tariffs could have on their economy, on affordability in the United States as well,” LeBlanc said in Parliament. If Trump makes good on his threat to slap 25% tariffs on everything imported from Mexico and Canada, the price increases that could follow will collide with his campaign promise to give American families a break from inflation. Economists say companies would have little choice but to pass along the added costs, dramatically raising prices for food, clothing, automobiles, alcohol and other goods. The Produce Distributors Association, a Washington trade group, said last week that tariffs will raise prices for fresh fruit and vegetables and hurt U.S. farmers when the countries retaliate. Canada is already examining possible retaliatory tariffs on certain items from the U.S. should Trump follow through on the threat. After his dinner with Trump, Trudeau returned home without assurances the president-elect will back away from threatened tariffs on all products from the major American trading partner. Trump called the talks “productive” but signaled no retreat from a pledge that Canada says unfairly lumps it in with Mexico over the flow of drugs and migrants into the United States. “The idea that we came back empty handed is completely false,” LeBlanc said. “We had a very productive discussion with Mr. Trump and his future Cabinet secretaries. ... The commitment from Mr. Trump to continue to work with us was far from empty handed.” Joining Trump and Trudeau at dinner were Howard Lutnick, Trump’s nominee for commerce secretary, North Dakota Gov. Doug Burgum, Trump’s pick to lead the Interior Department, and Mike Waltz, Trump’s choice to be his national security adviser. Canada’s ambassador to the U.S., Kirsten Hillman, told The Associated Press on Sunday that “the message that our border is so vastly different than the Mexican border was really understood.” Hillman, who sat at an adjacent table to Trudeau and Trump, said Canada is not the problem when it comes to drugs and migrants. On Monday, Mexico’s president rejected those comments. “Mexico must be respected, especially by its trading partners,” President Claudia Sheinbaum said. She said Canada had its own problems with fentanyl consumption and “could only wish they had the cultural riches Mexico has.” Flows of migrants and seizures of drugs at the two countries’ border are vastly different. U.S. customs agents seized 43 pounds of fentanyl at the Canadian border during the last fiscal year, compared with 21,100 pounds at the Mexican border. Most of the fentanyl reaching the U.S. — where it causes about 70,000 overdose deaths annually — is made by Mexican drug cartels using precursor chemicals smuggled from Asia. On immigration, the U.S. Border Patrol reported 1.53 million encounters with migrants at the southwest border with Mexico between October 2023 and September 2024. That compares to 23,721 encounters at the Canadian border during that time. Canada is the top export destination for 36 U.S. states. Nearly $3.6 billion Canadian (US$2.7 billion) worth of goods and services cross the border each day. About 60% of U.S. crude oil imports are from Canada, and 85% of U.S. electricity imports as well. Canada is also the largest foreign supplier of steel, aluminum and uranium to the U.S. and has 34 critical minerals and metals that the Pentagon is eager for and investing for national security.Just in time for the Thanksgiving rush, a 5-vehicle crash on 495
Cristian Romero apologised for comments criticising club's owners - Ange PostecoglouJohn Harbaugh Gives Cryptic Answer About Diontae Johnson's Future with RavensBy ROB GILLIES, Associated Press TORONTO (AP) — Prime Minister Justin Trudeau told Donald Trump that Americans would also suffer if the president-elect follows through on a plan to impose sweeping tariffs on Canadian products , a Canadian minister who attended their recent dinner said Monday. Trump threatened to impose tariffs on products from Canada and Mexico if they don’t stop what he called the flow of drugs and migrants across their borders with the United States. He said on social media last week that he would impose a 25% tax on all products entering the U.S. from Canada and Mexico as one of his first executive orders. Canadian Public Safety Minister Dominic LeBlanc, whose responsibilities include border security, attended a dinner with Trump and Trudeau at Trump’s Mar-a-Lago club on Friday. Trudeau requested the meeting in a bid to avoid the tariffs by convincing Trump that the northern border is nothing like the U.S. southern border with Mexico . “The prime minister of course spoke about the importance of protecting the Canadian economy and Canadian workers from tariffs, but we also discussed with our American friends the negative impact that those tariffs could have on their economy, on affordability in the United States as well,” LeBlanc said in Parliament. If Trump makes good on his threat to slap 25% tariffs on everything imported from Mexico and Canada, the price increases that could follow will collide with his campaign promise to give American families a break from inflation. Economists say companies would have little choice but to pass along the added costs, dramatically raising prices for food, clothing, automobiles, alcohol and other goods. The Produce Distributors Association, a Washington trade group, said last week that tariffs will raise prices for fresh fruit and vegetables and hurt U.S. farmers when the countries retaliate. Canada is already examining possible retaliatory tariffs on certain items from the U.S. should Trump follow through on the threat. After his dinner with Trump, Trudeau returned home without assurances the president-elect will back away from threatened tariffs on all products from the major American trading partner. Trump called the talks “productive” but signaled no retreat from a pledge that Canada says unfairly lumps it in with Mexico over the flow of drugs and migrants into the United States. “The idea that we came back empty handed is completely false,” LeBlanc said. “We had a very productive discussion with Mr. Trump and his future Cabinet secretaries. ... The commitment from Mr. Trump to continue to work with us was far from empty handed.” Joining Trump and Trudeau at dinner were Howard Lutnick, Trump’s nominee for commerce secretary, North Dakota Gov. Doug Burgum, Trump’s pick to lead the Interior Department, and Mike Waltz, Trump’s choice to be his national security adviser. Canada’s ambassador to the U.S., Kirsten Hillman, told The Associated Press on Sunday that “the message that our border is so vastly different than the Mexican border was really understood.” Hillman, who sat at an adjacent table to Trudeau and Trump, said Canada is not the problem when it comes to drugs and migrants. On Monday, Mexico’s president rejected those comments. “Mexico must be respected, especially by its trading partners,” President Claudia Sheinbaum said. She said Canada had its own problems with fentanyl consumption and “could only wish they had the cultural riches Mexico has.” Related Articles Flows of migrants and seizures of drugs at the two countries’ border are vastly different. U.S. customs agents seized 43 pounds of fentanyl at the Canadian border during the last fiscal year, compared with 21,100 pounds at the Mexican border. Most of the fentanyl reaching the U.S. — where it causes about 70,000 overdose deaths annually — is made by Mexican drug cartels using precursor chemicals smuggled from Asia. On immigration, the U.S. Border Patrol reported 1.53 million encounters with migrants at the southwest border with Mexico between October 2023 and September 2024. That compares to 23,721 encounters at the Canadian border during that time. Canada is the top export destination for 36 U.S. states. Nearly $3.6 billion Canadian (US$2.7 billion) worth of goods and services cross the border each day. About 60% of U.S. crude oil imports are from Canada, and 85% of U.S. electricity imports as well. Canada is also the largest foreign supplier of steel, aluminum and uranium to the U.S. and has 34 critical minerals and metals that the Pentagon is eager for and investing for national security.New digital platform aims to combat systemic discrimination in Peel
