Mary Ng, former Canadian Trade Minister, shares her view on the global trade war and the effectiveness of APEC in the face of U.S. President Donald Trump's "America First" agenda.

Loblaw CEO Per Bank said prices for some tariff-affected items are expected to rise as pre-trade war inventory runs out. Meanwhile, Walmart says it's raising prices in American stores due to higher costs because of tariffs.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

The Bank of Canada is warning that the ongoing tariff dispute has “rattled markets” and increases the risk of “disorderly” selloffs that would test the country’s financial system.

The financial picture for Canadian households and businesses was showing signs of increased health until the United States started a trade war, the Bank of Canada said on Thursday.

As Memorial Day weekend approaches, May is typically the time when the Jersey Shore gets ready for the annual big influx of visitors. But this year, the leadup to summer comes with some uncertainty for businesses.

Prime Minister Mark Carney, who will make his first visit to Washington since his election, said President Trump’s call to annex Canada as the 51st state would not be on the table.

Canada's economy is facing challenges under Prime Minister Mark Carney as unemployment has gone up, particularly affecting young graduates. Joblessness for recent graduates hits a two-decade high, exacerbated by trade tensions with the US.