Tag: Region Canada

Trade tariff turmoil pushes Canada to rethink US ties | DW News

Video: Trump’s tariff policies are straining US-Canada relations. After imposing and then suspending tariffs, Canadian leaders are reassessing their ties with the US. Some are now looking to the European Union as a potential alternative. Major publications, including The Toronto Star and The Economist, are openly questioning whether Canada could align more closely with Europe. European politicians are also weighing in. Could this mark a significant shift in global alliances?

Canadians push back on Trump tariffs by ditching American goods and services

U.S. President Donald Trump’s tariffs started a wave of patriotic pushback this weekend from Canadians declaring that they were swapping American items off their shopping lists and cancelling their subscriptions to leading streaming services. Mr. Trump’s plan to impose 25-per-cent tariffs on Canadian goods starting Tuesday has prompted fears of an economic shock that will throw hundreds of thousands out of work. The federal government immediately responded with retaliatory tariffs as political leaders urged the public to shop local and…

Lawsuit accuses Amazon of secretly tracking consumers through cellphones

Amazon.com was sued on Wednesday by consumers who accused the retailing giant of secretly tracking their movements through their cellphones, and selling data it collects. According to a proposed class action in San Francisco federal court, Amazon obtained “backdoor access” to consumers’ phones by providing tens of thousands of app developers with code known as Amazon Ads SDK to be embedded in their apps. This allegedly enabled Amazon to collect an enormous amount of timestamped geolocation data about where consumers…

Is DeepSeek a DeekFake and does it matter?

The Chinese AI startup, DeepSeek, is in the news today due to its rapid rise and the impact that had on NVIDIA stock. Apparently, DeepSeek developed an AI model that has caused a stir. For one thing, it just became the top-downloaded free app in the Apple Store, surpassing ChatGPT. This led to a sharp decline in NVIDIA’s stock, as investors are supposedly concerned that DeepSeek’s AI model is more cost-efficient. More more cost-efficient means that it threatens NVIDIA’s dominance…

In confidential memo, LeBlanc asks for ideas on how to fight back against U.S. protectionism

Finance Minister Dominic LeBlanc has asked his fellow ministers to draw up a list of ideas he can deploy in the planned spring budget to fight back against U.S. protectionism, a threat that shows no signs of going away even if Canada has secured a pause to President Donald Trump’s planned tariffs. In an undated, confidential memo sent to cabinet ministers and obtained by CBC News, LeBlanc writes he is only willing to consider spending more money on initiatives that respond to the “current Canada-U.S….

TD’s chief compliance officer departs amid US anti-money laundering probe

TD Bank’s (TD.TO), opens new tab chief compliance officer has left the bank, according to a memo sent internally, at a time the Canadian lender faces U.S. regulators and the Justice Department in a probe related to its anti-money laundering program. Monica Kowal, who joined the bank in 2017, left the company this week, and will be replaced by Deputy Chief Compliance Officer Erin Morrow who will report to Chief Risk Officer Ajai Bambawale, according the memo sent in late June, seen by…

TD Bank global anti-money laundering officer stepping down

TD Bank (TD.TO), opens new tab said on Thursday Chief Global Anti-Money Laundering Officer Herbert Mazariegos is stepping down immediately, as the bank takes remediation actions after it was fined by U.S. regulators for compliance failures. Mazariegos joined TD in November 2023 from Bank of Montreal (BMO.TO), opens new tab, where he served as the chief anti-money laundering officer for over four years. He was hired as part of TD’s push to revamp its risk and compliance team. Mazariegos, hired while outgoing CEO…

Grand Jury charges Washington man and company with MBTA hunting violations committed in Canada

A grand jury in Seattle returned an indictment today charging a Washington man and his company with conspiracy and for violating the Lacey Act by transporting birds that had been hunted in violation of the Migratory Bird Treaty Act (MBTA). The indictment alleges that, from August 2022 to January 2023, Branden Trager, 46, of Brush Prairie, Washington, and his guiding company, Mayhem Services LLC, guided three hunting parties in Canada to hunt waterfowl when Trager was not permitted under Canadian…

Canadian National Sentenced to 40 Months for Multimillion-Dollar Export Control Scheme

Nikolay Goltsev, a Canadian national, was sentenced to 40 months in prison for orchestrating a multimillion-dollar export scheme that provided advanced U.S. electronic components to sanctioned Russian military companies. Goltsev used two Brooklyn-based companies to source and ship dual-use technology through intermediary front companies in countries like Turkey, Hong Kong, and the UAE, ultimately rerouting the products to Russia. The electronics, including components for precision-guided weapons, were found in Russian weapons systems used in Ukraine. Goltsev demonstrated awareness of U.S….

Air Canada plane catches fire on runway after rough landing, temporarily closing airport

The Halifax airport was temporarily closed Saturday night after a plane arriving from St. John’s experienced a problem landing, which saw the plane skid down the runway and part of it catch fire. Passenger Nikki Valentine told CBC News that one of the plane’s tires did not deploy properly upon landing. “The plane started to sit at about a 20-degree angle to the left and, as that happened, we heard a pretty loud — what almost sounded like a crash…

Canadian finance minister’s resignation letter to PM Trudeau

OTTAWA – Canada’s Finance Minister Chrystia Freeland unexpectedly resigned on Monday, saying she was no longer on the same page with Prime Minister Justin Trudeau about the best path forward for Canada. Following is the full text of her resignation letter. December 16, 2024 The Right Honourable Justin Trudeau, P.C., M.P. 80 Wellington Street Ottawa, ON KIA 0A2 Dear Prime Minister, It has been the honour of my life to serve in government, working for Canada and Canadians. We have…

USDA orders testing across nation’s milk supply amid rising bird flu cases

The U.S. Department of Agriculture issued a federal order requiring the testing of the nation’s milk supply amid increasing concerns over bird flu. The influenza virus has been raising alarm since it was detected in a Texas cow back in March. Since then, the virus has spread to over 710 dairy herds across 15 states, with California reporting the highest number of infections. At least 58 people have been infected with bird flu, including one child living in the San Francisco…

Nearly 500 journalists walk out at ‘The Guardian’ and its sister paper

Nearly 500 journalists are on strike at the Guardian and its sister paper, the Sunday-only Observer, to protest the planned sale of the Observer to a small digital startup. “We believe it’s a total betrayal of the Guardian’s values and promises that it’s made,” says Carole Cadwalladr, an investigative reporter and feature writer for the Observer. “The sale of the Observer to a loss-making startup is potentially the death of this historic brand.” The strike, which starts Wednesday, is expected to last for two days this week and restart for a…

A secretive Silicon Valley tech giant set up shop in Canada. But what does it do? (CBC 2017)

This piece was first published by CBC in 2017. It’s one of the most valuable and secretive technology companies in Silicon Valley: Palantir Technologies, a developer of data mining software used by spies, banks and some of the biggest companies in the world. The company was co-founded in 2004 by billionaire Peter Thiel — previously the co-founder of PayPal — and now an adviser to U.S. President Donald Trump. Financial institutions are said to use Palantir’s software to detect fraud and cyberattacks, while pharmaceutical…

China’s Huawei Technologies seeks dismissal of US criminal charges

NEW YORK – Huawei Technologies asked a US judge to dismiss much of a federal indictment accusing the Chinese telecommunications company of trying to steal technology secrets from US rivals and misleading banks about its business in Iran. In a Friday night filing in federal court in Brooklyn, Huawei said there was no proof of a conspiracy, calling the charge part of the Department of Justice’s “ill-founded” China Initiative to prosecute people and companies with ties to China. Huawei said…

Trudeau is urged by fellow party members to step down as Canada’s prime minister

Prime Minister Justin Trudeau of Canada faced the stiffest challenge to his leadership from fellow elected Liberal Party members on Oct 23 during a closed-door meeting where he was urged to resign to avoid torpedoing the party’s chances in the next election. For more than a year, the Liberals under Mr Trudeau have trailed the Conservative Party by double digits in polls, suggesting that the Liberal Party could face a crushing defeat in the next election, which must be held…