Listen Live
Listen Live
Listen Live

MID-DAY: Trump offers tariff lifeline to Canada with a catch; TSX and Dow bounce back

Trump’s willingness to exempt Canada from tariffs on steel and aluminum is bringing some life back to Bay Street. The TSX has bounced back from a morning fall up 139 points to 15,524.

On Wall Street the Dow is also creeping back up 187 points to 24,725. However, Trump’s willingness to co-operate comes with a catch, he wants Canada and Mexico to sign a NAFTA deal that is fair to the US. The latest round of NAFTA talks in Mexico wraps up today.

Gold, which has acted as a lifeline for many worried investors has dropped slightly to 1,321.

Oil is up to 62.67 a barrel on the news that crude production may be pulled back.

The Loonie has hit rock bottom this year moving near an eight-month low at 77 cents US.

Continue Reading

ckbx Now playing play

cffm Now playing play

ckcq Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Esk’etemc delegation concerned about lack of communication & transparency

A delegation led by Indigenous leadership from Esk'etemc attended the School District 27 Board of Education meeting this past Monday evening (September 22) calling for accountability and action from the District.

More involuntary care beds coming, Eby tells UBCM

Premier David Eby addressed mayors and other delegates Friday at the annual Union of B.C. Municipalities convention in Victoria. 

Federal housing minister touts housing plan to local B.C. officials

Housing and infrastructure minister Gregor Robertson promoted the federal government’s new affordable housing initiatives to local government officials in Victoria on Friday. 

Logging truck collision claims one life in Quesnel

A Quesnel man has died after being struck by a logging truck in Quesnel near the West Park Mall.

Canada Post strike enters new phase as CUPW denounces government reforms

The Canadian Union of Postal Workers launched a nationwide strike in opposition to sweeping federal postal reforms, denouncing what it called an “attack” on public mail service.
- Advertisement -