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Do trade deficits hurt the economy?

In a post on Truth Social early Wednesday, Donald Trump claimed his country is financially supporting its northern neighbour. The U.S. president-elect wrote that “we subsidize Canada to the tune of $100,000,000 a year” — an apparent reference to a previous claim about a $100-billion trade gap — and said the imbalance “makes no sense.” […]

Tesla stacked emissions credits in 2023, while others posted deficits

Tesla stacked greenhouse gas emission credits in the 2023 model year through the sale of its electric vehicles (EVs), while multiple other automakers struggled, posting substantial deficits from tightened emissions regulations. In 2023, Tesla gained almost 34 million metric tons of greenhouse gas emissions credits, as detailed in a report from the Environmental Protection Agency […]