Business

The federal government announced tariffs on $27.6 billion in U.S. goods and a $7.5-billion support package Tuesday in Ottawa to help Canadian businesses and workers withstand the escalating trade war.

U.S. President Donald Trump threatened Monday to impose 50-per-cent tariffs on Canadian vehicles and auto parts, then attacked Prime Minister Mark Carney and Ontario Premier Doug Ford as the Conservative opposition demanded details of failed trade negotiations.

B.C. Premier David Eby said the additional 50-per-cent tariffs imposed on Canadian goods by the United States are "inexplicable" and "indefensible" and reaffirmed his refusal to return American alcohol to government liquor store shelves.

Prime Minister Mark Carney said Canada was under economic attack Saturday after trade negotiations collapsed, new U.S. tariffs took effect and he suggested divisions inside U.S. President Donald Trump’s administration contributed to the breakdown.

Canada suspended trade negotiations with the United States and pledged dollar-for-dollar retaliation as additional 50-per-cent U.S. tariffs took effect early Saturday on about $28 billion in Canadian goods.

Prime Minister Mark Carney has asked provinces to return U.S. alcohol to store shelves, according to Nova Scotia Premier Tim Houston.

B.C. forest industry groups are closely watching the latest high-stakes round of Canada-U.S. trade talks.

The United States postponed planned 50 per cent tariffs on a range of Canadian goods for three days as U.S. President Donald Trump said the two countries had reached a trade deal.

A B.C. legislature committee made up of government and opposition MLAs is calling on the province to scrap its planned expansion of the provincial sales tax to professional services.

B.C. posted a $7.7-billion deficit for 2025-26, about $3 billion lower than forecast, as higher revenue and lower spending improved the province's year-end finances.