Economy, Law & Politics

TORONTO — U.S. stocks surged Wednesday after Republican candidate Donald Trump won the election, with the Dow Jones industrial average gaining 3.6 per cent, while Canadian markets rose by one per cent.

Steep tariffs and new trade negotiations among the risks

Donald Trump's impending return to the White House has cast a spotlight on Canada-U.S. economic ties amid worries that the president-elect's protectionist stance could complicate the vast levels of trade between the two countries.

OTTAWA — Canadian cabinet ministers are offering reassurances and urging calm after learning former president Donald Trump will be heading back to the White House after a campaign in which he promised punishing tariffs and mass deportations.

City council agreed on Monday to begin the rezoning applications for 12 cannabis stores managed by eight different businesses

TORONTO — Shares in Canada's major cannabis companies fell in early trading after the U.S. election, which saw efforts to legalize recreational cannabis in several states fail. Shares of Canopy Growth Corp. were down $1.61 or about 21 per cent at $6.

WASHINGTON — Former president Donald Trump declared victory early Wednesday morning as the path to victory for Vice-President Kamala Harris was significantly diminished by Pennsylvania's swing back to the Republican leader.

Trump is ahead in the electoral college count to be president of the United States

OTTAWA — MPs, diplomats and political staff gathered around the parliamentary precinct to anxiously take in preliminary results of a U.S. presidential election that they all agreed would have an enormous impact on Canada and the world.

Democrat Kamala Harris expected to win the popular vote nationally.