Economy, Law & Politics

WASHINGTON — Prime Minister Mark Carney said Friday his government is disappointed that U.S. President Donald Trump followed through on his threat to increase tariffs on Canada to 35 per cent if Ottawa didn't make a trade deal.

TORONTO — Canada's main stock index lost ground on Friday along with global markets, as U.S. President Donald Trump imposed new tariffs on numerous countries and U.S. job numbers showed signs of softness.

The U.S. stock market had its worst day since May on Friday after the government reported a sharp slowdown in hiring and President Donald Trump imposed sweeping tariffs on imports from a number of U.S. trading partners. The S&P 500 fell 1.

Canadian business groups anxiously watching trade negotiations with the U.S. don't want the country to rush into a deal but say the uncertainty is weighing on their members. After U.S.

WASHINGTON — U.S. President Donald Trump has signed an executive order pushing tariffs on Canada to 35 per cent beginning on Friday, following through on a threat to raise duties if Ottawa didn't make a trade deal.

TORONTO — Canada's main stock index finished lower Thursday with broad-based losses amid a flurry of earnings and economic data, while U.S. markets also fell alongside some end-of-month rebalancing. The S&P/TSX composite index was down 110.

Stocks gave up early gains and closed lower on Wall Street, led by drops in health care companies. The S&P 500 fell 0.4% Thursday. The Dow Jones Industrial Average lost 0.7%, and the Nasdaq composite slipped less than 0.1%.

OTTAWA — Canada's economy contracted for a second straight month in May even as some sectors held up in the face of U.S. tariffs. Real gross domestic product fell 0.1 per cent in May, Statistics Canada said Thursday, matching the decline in April.

Donny van Dyk is the new City Manager for Vancouver

WASHINGTON — Prime Minister Mark Carney said on Wednesday that Canada's negotiations with the United States might not conclude by Donald Trump's Aug.