National Business

TORONTO — U.S. President Donald Trump has said he will impose a 25 per cent tariff on Canadian goods as early as Saturday. Here's a look at some of the key questions as the clock ticks down. What is a tariff? Tariffs are a tax on imported goods.

The chief executive of Imperial Oil Ltd. says he hopes Canada can avoid potential tariffs from the U.S. on energy products, but believes his company should be well-positioned to withstand the negative effects.

Former “Meet the Press” moderator Chuck Todd is leaving NBC News after nearly 18 years at the network. Todd said in a memo to NBC News colleagues that Friday was his last day.

OTTAWA — The Canadian economy contracted in November, but preliminary estimates point to a rebound at the end of the year as the country faces an uncertain future with U.S.

WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures showed signs of easing.

OTTAWA — The Finance Department says the federal deficit was $22.7 billion between April and November. That compares with a $19.1 billion deficit over the same period last year. According to the monthly fiscal monitor, revenues were up $29.

TORONTO — AFC Toronto added an important midfield piece Friday, acquiring Canadian international Victoria Pickett from the NWSL's North Carolina Courage on a season-long loan. The 28-year-old from Barrie, Ont.

OTTAWA — Health Minister Mark Holland is calling on the federal NDP to give the Liberal government more time in power to sign bilateral deals on pharmacare. "I would put it back to (NDP Leader) Jagmeet Singh ...

WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and starts.

FREDERICTON — Premier Susan Holt warned that New Brunswick faces "serious headwinds" if the United States imposes tariffs but promised to hold the line and meet the targets her government has set out for itself.