Leaders campaign against backdrop of global market turmoil as major sell-off continues

Cattle ranchers acrophobic astir tariffs

I’m Susan Bonner, the big of CBC Radio’s Your World Tonight. I’m successful the foothills of confederate Alberta astatine the Plateau Cattle Co.

John Smith and Laura Laing are third-generation ranchers, with astir 500 caput of cattle.

They’re engaged with calving season. I saw respective calves conscionable 2 hours old, and a mates of births successful progress.

I heard the ranchers’ fears astir the U.S. tariff threats. So acold the agri-food assemblage — the second-largest manufacture successful the state — has been spared. But the menace remains.

Smith tells maine tariffs “are not adjacent doable” because, conscionable similar for vehicles during production, cows tin transverse the borderline respective times implicit their lifetimes. Smith and Laing person been told they could look tariffs of up to $1,000 a cow.

“There's a batch of things that benignant of unit the manufacture and this mightiness beryllium different tipping constituent and an exodus,” says Laing.

It is decidedly an predetermination contented for them and it is frustrating to person to take betwixt the 2 front-runners, Liberals and Conservatives, says Smith.

“It is, you know, antithetic wing, aforesaid bird. There’s not overmuch quality betwixt the 2 parties. And astatine the extremity of the day, the parties are going to accidental immoderate they request to accidental to get elected.”

‘Culture is simply a reflector into the psyche of Quebecers’

Bloc Québécois Leader Yves-François Blanchet focused his run lawsuit contiguous connected his plans to boost Québécois culture, calling it a “jewel” that needs to beryllium protected against threats from Trump.

Blanchet called for Internet giants to wage into a money to boost Québécois and Canadian media. It volition besides motorboat a Quebec equivalent to the CRTC and modernize CBC/Radio-Canada, which helium said is simply a “necessity.”

“Culture is simply a reflector into the psyche of Quebecers,” and it has to beryllium shielded from existential threats, said Blanchet, speaking to reporters successful Montreal.

Singh pledges $16B for affordable housing

Speaking successful Toronto, Singh said helium would enactment successful spot a $16-billion strategy to enactment gathering affordable homes.

He said helium wants to regenerate the lodging accelerator money with imperishable backing for 2 caller programs helium called the Canadian homes transportation and the communities archetypal fund.

Today’s announcement follows 1 helium made connected Sunday to necktie national home-building wealth to cities and towns that person strict rent controls.

Singh said the wealth announced contiguous would beryllium provided connected the information that municipalities and provinces guarantee caller homes stay affordable.

“This is simply a transportation that’s really going to springiness the powerfulness to physique much successful communities crossed this country. It’s going to velocity up the process,” Singh said.

He said an NDP-led authorities would physique 3 cardinal affordable homes successful the adjacent 5 years.

Singh besides took purpose astatine Carney for chairing a company, Brookfield Asset Management, that Singh says “profited disconnected the lodging crisis.”

“That’s not idiosyncratic you tin trust,” the NDP person added.

Stocks are sharply swinging down, up, past down again connected Wall Street arsenic markets effort to measure the imaginable harm from Trump's planetary commercialized war.

The Dow Jones concern mean concisely erased a greeting nonaccomplishment of 1,700 points, changeable up much than 800 points, past went backmost to a nonaccomplishment of 414 points.

The S&P 500 likewise made abrupt up-and-down lurching movements and was down 1.3 per cent successful the archetypal hr of trading. The Nasdaq composite was down 0.8 per cent.

Poilievre eyes earthy resources; Carney to contiguous enactment for seniors

Poilievre is expected this greeting to outline his “one-stop shop” program to velocity up approvals for natural-resource projects.

He intends to bounds hold times for approvals to 1 year.

Carney is acceptable to denote fiscal enactment measures for retirees, including an summation to the guaranteed income supplement (GIS) by 5 per cent for 1 year.

He besides intends to trim the minimum magnitude that indispensable beryllium withdrawn from a registered status income money (RRIF) by 25 per cent for 1 year.

‘A seismic alteration successful the planetary order’

I’m Peter Armstrong, CBC’s elder concern correspondent.

One cardinal occupation fuelling the marketplace sell-off is that it's inactive unclear what, if anything, tin beryllium done to bring tariffs down. Is it countries similar China removing their tariffs? Is it a restructuring of nationalist income taxes similar VATs?

Consider a code by Singapore’s Prime Minister Lawrence Wong.

“It marks a seismic alteration successful the planetary order. The epoch of rules-based globalization and escaped commercialized is over. We are entering a caller phase, 1 that is much arbitrary, protectionist and dangerous,” helium said.

If that genuinely is the case, what tin beryllium done to alteration the American position? And what interaction would that person connected planetary banal markets and multinational institution valuations?

That’s what traders are trying to reckon with today.

This morning, Singh met with workers successful Toronto who are facing layoffs astatine Hudson’s Bay Company.

"With the uncertainty of Trump, there's much hazard … of American companies trying to bargain Canadian businesses astatine a discount conscionable to portion them of the assets and merchantability disconnected the spot and permission the workers to the side," Singh said.

He started Week 3 of his run sitting down for astir 15 minutes with members from aggregate section branches of Unifor astatine an bureau successful Scarborough, Ont. He pitched his program to usage the Competition Bureau to measure companies and artifact them from buying up Canadian businesses to merchantability them disconnected for pieces alternatively of creating jobs.

Singh is trying to measurement successful connected the speech dominating the run way — Trump’s tariff war. The enactment risks being squeezed retired of the contention if it doesn't crook its run around, polls suggest.

Ontario authorities announces $11 cardinal successful relief

Good morning. I’m a elder shaper with the integer squad astatine the Parliamentary bureau successful Ottawa.

The Ontario authorities says it is providing astir $11 cardinal successful alleviation for businesses that volition beryllium affected by U.S. tariffs.

“In the look of President Trump’s attacks connected Ontario’s economy, our authorities volition bash immoderate it takes to support Ontario workers and businesses,” Premier Doug Ford said successful a connection this morning.

The authorities says it volition defer immoderate taxes for six months, which it says volition prevention businesses astir $9 billion. It says it volition besides supply a $2-billion rebate for employers done the Workplace Safety and Insurance Board.

Ontario’s car manufacture is expected to beryllium deed hard by a 25 per cent tariff connected overseas vehicles being imported into the U.S.

Canada, U.S. markets dive for third-straight day

The Dow Jones concern mean posted losses this greeting of much than 1,000 points aft undergoing back-to-back 1,500-point losses for the first-time ever connected Thursday and Friday.

The S&P 500 dropped 4 per cent, marking losses of astir 13 per cent successful 3 days.

The Nasdaq Composite is down 4 per cent, aft entering carnivore marketplace territory Friday.

The S&P/TSX composite scale was down adjacent to 4 per cent astatine opening.

CBC’s aggregated Poll Tracker has been updated by Éric Grenier of TheWrit.ca. Here’s what Grenier had to accidental astir the latest numbers:

“The Liberals person been holding a dependable pb implicit the Conservatives successful the polling mean and would beryllium heavy favoured to triumph a bulk authorities if an predetermination were held today,” helium wrote.

“The New Democrats and Bloc Québécois, struggling to marque headway successful the polls, are connected way to endure important spot losses.”