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The United States has agreed to suspend tariffs on CUSMA-compliant exports from Canada until April 2nd.  As a result, Canada will not proceed with the second wave of tariffs on $125B of U.S. products until April 2nd, while we continue to work for the removal of all tariffs.

Still so much uncertainty for Canadian biz ⬇️

Hudson’s Bay, the Canadian department store chain founded in 1670, is preparing for a bankruptcy filing within days, people familiar with the matter said wsj.com/articles/hudso…

Tuesday's 25% tariffs are still in place on about half of all US imports from Canada and Mexico, from medical gear and fridges to coffee; and in many cases companies can't do anything to change this. Without further action the economic pain will grow. cato.org/blog/trumps-ta…

Hudson’s Bay, Canada's oldest retailer, has been granted creditor protection to restructure its business. The company is having trouble paying its landlords, service providers, and vendors and plans an "orderly liquidation of selected retail stores"

My government is eliminating the GST on all homes up to $1 million for first-time home buyers.

President Trump made good on his promise to impose tariffs on foreign automakers, imposing 25% duties on all cars and light trucks not made in the US, as well as "certain auto parts." The move sent $GM, $F, and other automakers sharply lower on Thursday. finance.yahoo.com/news/gm-ford-s…

*CANADA, MEXICO NOT SUBJECT TO RECIPROCAL TARIFFS FOR NOW

Wow crude just in complete free fall Brent on the edge of the $50s

Breaking news: China has announced an additional retaliatory tariff of 50% on US imports. The measure will take total duties on US imports introduced during the current Trump administration to 104% on.ft.com/4i9jw8m

This is from the White House, about tariffs related to Canada:

Netflix’s first original Canadian series is everything ‘Black Mirror,’ which also premieres today, isn’t: hopeful, warm, and full of great performances from unfamiliar faces. vulture.com/article/north-…

Canadian travel to the US is tumbling: Down by 13.5% for air travel, 32% for land travel in March y/y cbc.ca/news/business/…

Maybe the craziest, dumbest, wildest month of market coverage I've ever covered. Very stupid, very fun, sorry to everyone who sold. S&P closes down less than 1% for April

BREAKING:  This is guidance from U.S Customs and Border Protection that says 0% tariffs on USMCA-compliant auto parts, 25% on all others on May 3, 2025. It looks like the White House agrees that tariffs on 🇨🇦 parts would shut down 🇺🇸 auto. Where have we heard that 🤔? content.govdelivery.com/accounts/USDHS…

Bank of Canada holds key interest rate at 2.75%, points to "uncertainty about US tariffs still high, the Canadian economy softer but not sharply weaker, and some unexpected firmness in recent inflation data"

We are suing DoorDash for allegedly advertising their online delivery services at a lower price than what consumers actually have to pay. Read more: canada.ca/en/competition…

Canadian travel to the US has plummeted: Statscan says air travel down 24% in May y/y, road trips down 38%

General Motors plans to invest $4 billion in its US manufacturing plants over the next two years to boost output of electric and gas-powered vehicles bloomberg.com/news/articles/…

WestJet is aware of a cybersecurity incident involving internal systems and the WestJet app, which has restricted access for several users. We have activated specialized internal teams in cooperation with law enforcement and Transport Canada to investigate the matter and limit