Prime Minister Justin Trudeau and the premiers of Canada’s provinces are in high-stakes talks over how far to go in using oil and other commodities as a weapon if the US starts a regional trade war.

The premiers will gather in Ottawa Wednesday to meet with Prime Minister Justin Trudeau and discuss the looming threat that has the potential to throw the economy into a tailspin: president-elect Donald Trump's promised tariffs on all Canadian goods.

Canada's premiers are set to meet with Prime Minister Justin Trudeau and members of his cabinet today to talk about U.S. president-elect Donald Trump's vow to impose steep tariffs.

The Canadian government said on Tuesday it approved with conditions the $34 billion merger deal between Bunge and the Glencore-backed company Viterra. The conditions for the deal approval include Bunge's divestiture of six grain elevators in Western Canada and a binding commitment from Bunge to invest at least C$520 million in Canada within the next five years,

Canada has approved Bunge’s $8.2 billion deal for Glencore-backed Viterra, as the companies agreed to concessions to address previous antitrust concerns.

The Canadian government has approved Bunge Ltd.'s US$8.2-billion acquisition of Viterra Ltd. in a decision that includes terms and conditions meant to allay concerns about competition.

Canada's Minister of Innovation, Science and Industry Francois-Philippe Champagne speaks during Question Period on Parliament Hill in Ottawa, Ontario, Canada, December 17, 2024. REUTERS/Patrick Doyle/File Photo TORONTO (Reuters) - Canadian Innovation Minister Francois-Philippe Champagne on Tuesday said he would not run in the race to replace Justin Trudeau as leader of the ruling Liberal Party.

Christy Clark, the former premier of British Columbia, abandoned a possible bid to replace Justin Trudeau, further narrowing the field for Canada’s next Liberal Party leader and prime minister.