President-elect Donald Trump has justified his threat of 25% tariffs on Canada by pointing to the U.S. trade deficit. Top Canadian economists say it’s all because the U.S. wants cheap oil.

Canada’s trade surplus with the U.S. widened as did its deficit with the rest of the world, underscoring the major role its biggest trading partner and southern neighbor plays in its economy.

Canada’s trade surplus with the U.S. helped avoid a deeper deficit, underscoring the importance of its biggest trading partner as President-elect Donald Trump threatens hefty tariffs.

The upcoming holiday season could be disrupted by a looming strike at Canada’s largest domestic shipping company.

Canada, which buys more U.S. goods than any other nation and is its largest external oil supplier, is bracing for economic disruption now that voters have elected Donald Trump.

Dockworkers might be rethinking their position on a tentative deal after calling off a renewed strike this weekend at Canada’s west coast ports, according to Prime Minister Justin Trudeau.

A 13-day strike that disrupted shipments at Canada’s western ports is set to end after the dockworkers’ union and a group of employers agreed on a tentative deal.

Canada, a major car and parts producer, is bolstering its battery and electric vehicle supply chain to ensure future growth for its vital $10 billion auto industry.