The country’s trade shortfall with the world was C$4.9 billion ($3.5 billion) in July, according to Statistics Canada data released Sept. 4.
September 4, 2025Search
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Jobless Claims Rise to Highest Level Since June
Initial claims increased by 8,000 to 237,000 in the week ended Aug. 30. The median forecast in a Bloomberg survey of economists called for 230,000 applications.
September 4, 2025Trade Gap Hits 4-Month High as Firms Rush to Beat Tariffs
The surge in imports was driven by industrial supplies, which rose to the highest level in four months amid a surge in inbound shipments of gold.
September 4, 2025Trump Asks Supreme Court to Save Sweeping Import Tariffs
The appeal calls for putting the case on a highly expedited schedule with arguments in early November, according to filings reviewed by Bloomberg.
September 4, 2025DOT Moves to Add Fentanyl Tests for Commercial Truck Drivers
If the rule is finalized, DOT would amend its federal drug-testing program regulation (49 CFR Part 40) to include both substances. Public comments on the proposal are due Oct. 17.
September 4, 2025Canada’s Envoys Head to DC After Fruitful Trump Conversation
The Canadian prime minister said more meetings are taking place in Washington involving officials including Michael Sabia, Canada’s top civil servant.
September 3, 2025Trump Threatens to Scrap Trade Deals if Tariffs Fall
“If we don’t win that case, our country is going to suffer so greatly,” Trump told reporters in the Oval Office. “These deals are all done; I guess we’d have to unwind them.”
September 3, 2025OPEC Adds 400,000 Barrels Daily in August Supply Hike
The extra barrels have so far only put modest downward pressure on crude prices, but threaten to unleash a major surplus in the coming months, according to the International Energy Agency.
September 3, 2025Trump Accuses Xi, Putin, Kim of Conspiring Against US
“Please give my warmest regards to Vladimir Putin, and Kim Jong Un, as you conspire against The United States of America,” Trump said on his Truth Social site.
September 3, 2025Trump Seeks Fast Supreme Court Action on Tariffs Case
Trump told reporters that the U.S. would appeal to the high court for relief as soon as Sept. 3 because “it would be a devastation for our country” if the appeals court ruling was left in place.
September 2, 2025