With Canada facing a looming US deadline, can the economy handle another potential trade shock? TD Deputy Chief Economist Derek Burleton shares his views.

As Ottawa chases a new trade and security deal with Washington, the prime minister and visiting lawmakers seemed to make headway on lumber and digital services taxes.

After President Trump unveiled trade deals Tuesday with Japan and the Philippines, and his administration fleshed out details of a [pact with Indonesia](

Trade negotiations between the United States and Canada have gained momentum following recent developments in bilateral discussions. The progress comes amid a series of updates on various trade talks and indications from President Trump that the July 8 deadline for countries to finalize agreements with the U.

Prime Minister Mark Carney on Wednesday said Canada will introduce a tariff rate quota for countries with which it has free trade agreements, excluding the United States, to protect the domestic steel industry.

The country’s new prime minister, Mark Carney, has been called the “Trump whisperer,” and negotiations have been cordial and professional. But it’s been a wild ride.

Investors will be hoping for a late flurry of more trade deals ahead of the Aug. 1 deadline for higher tariff rates to come into effect.

Mexican President Claudia Sheinbaum said on Wednesday that she had spoken with Canadian Prime Minister Mark Carney and that the two had agreed to strengthen trade collaboration, particularly in light of the tariffs from U.