Canadian Prime Minister Mark Carney announced Wednesday new supports for the steel and lumber industries hit hard by U.S. tariffs. U.S. President Donald Trump has imposed 50% tariffs on steel and softwood lumber,

To move away from relying on imported steel and to give Canadian companies time to adjust their supply chains to use Canadian steel, the temporary remission of Canadian tariffs on imports will end on January 31, 2026, for steel used in Canada for manufacturing, food and beverage packaging, and agricultural production.

The prime minister faces his first major political setback, as a cabinet member steps down following a deal cut with the energy-rich province of Alberta that would suspend certain curbs on oil-and-gas carbon emissions.

Canadian Prime Minister Mark Carney won a vote on his budget in Parliament that could have triggered a possible election.

The Canadian government will enable a clear and efficient approval process for a new, private sector constructed and financed pipeline, with Indigenous Peoples’ co-ownership and benefits. And by working together with a new cooperation agreement, we will maximise the benefits of “one project, one review” for the Alberta portions of any projects.

Critics accuse Canadian Prime Minister Mark Carney of betraying the fight against climate change. Others say he is facing reality and has no choice but boost polluting sectors that are vital to an economy being punished by U.

Canada will offer more support to help the steel and lumber industries deal with U.S. tariffs and create a domestic market, Prime Minister Mark Carney said on Wednesday.

Canadian Prime Minister Mark Carney announced Wednesday new supports for the steel and lumber industries hit hard by U.S. tariffs.

Mark Carney said the world can make progress on a range of issues without the US, and that consensus reached at a Group of 20 leaders’ meeting in Johannesburg.

Canada's Prime Minister Mark Carney signed an agreement with Alberta Premier Danielle Smith on Thursday aimed at spurring investment in the energy sector and encouraging the construction of a new oil pipeline to the West Coast.