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P.E.I. tables budget with record $184-million deficit in face of economic uncertainty

P.E.I. tables budget with record $184-million deficit in face of economic uncertainty

CHARLOTTETOWN — In the face of economic headwinds caused by American tariffs, the government of Prince Edward Island tabled a $3.5-billion budget Thursday, with a record projected deficit of nearly $184 million for the 2025-26 fiscal year.
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US stocks dive as euphoria on Wall Street reverts to fear about US-China trade war

US stocks dive as euphoria on Wall Street reverts to fear about US-China trade war

NEW YORK (AP) — U.S. stocks dove Thursday and surrendered a chunk of their historic gains from the day before as President Donald Trump’s trade war continues to threaten the economy . The S&P 500 tumbled 3.5%, slicing into Wednesday’s surge of 9.
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Alberta bill enables hydrogen home heating, electricity market remodelling

Alberta bill enables hydrogen home heating, electricity market remodelling

EDMONTON — Alberta's government is looking to give the green light to hydrogen as a home and commercial heating fuel in a move it says will boost demand and reduce emissions.
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North American stocks end deep in the red on U.S.-China tariff worries

North American stocks end deep in the red on U.S.-China tariff worries

TORONTO — North American markets posted more losses Thursday, reversing some of what they gained in a rally the day before, after the White House said tariffs on China are even higher than previously announced at 145 per cent.
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Trump's tariff turnaround shows he's vulnerable to pressure, says former negotiator

Trump's tariff turnaround shows he's vulnerable to pressure, says former negotiator

Canada's former top trade negotiator said Thursday that if nations around the world co-ordinate their responses to Donald Trump's global trade war, the U.S. president would be more likely to back away from tariffs sooner.
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B.C. government to give Metro Vancouver's transit operator $312M over three years

B.C. government to give Metro Vancouver's transit operator $312M over three years

VICTORIA — The British Columbia government says it will provide $312 million in operating funding to Metro Vancouver's transit operator over the next three years.
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B.C. premier tells government to cancel American contracts 'wherever viable'

B.C. premier tells government to cancel American contracts 'wherever viable'

British Columbia's premier says U.S. President Donald Trump's decision to pause much of his tariffs for the rest of the world while excluding Canada is "insulting." David Eby made the comments while announcing that he is directing B.C.
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S&P 500 sinks 3.5% as Wall Street swings from euphoria back to worries about US-China trade war

S&P 500 sinks 3.5% as Wall Street swings from euphoria back to worries about US-China trade war

NEW YORK (AP) — U.S. stocks surrendered a chunk of their historic gains from the day before as President Donald Trump’s trade war continues to threaten the economy. The S&P 500 fell 3.5% Thursday. The Dow Jones Industrial Average dropped 2.
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Ford meets with Utah governor, who encourages more subnational trade missions

Ford meets with Utah governor, who encourages more subnational trade missions

TORONTO — Ontario Premier Doug Ford met in his office today with the Republican governor of Utah, who says he will be telling all of his fellow governors to visit Canada on similar trade missions. Gov.
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TC Energy CEO says Canada can become top LNG supplier to Asia

TC Energy CEO says Canada can become top LNG supplier to Asia

The chief executive of pipeline operator TC Energy says he believes Canada can be the No. 1 exporter of liquefied natural gas to Asia, but political leadership is crucial to making it happen.
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