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Channel Tunnel Chaos Enters Day Two as Power Fault Drags On

The disruption, caused by a fault in the system's overhead power supply, on Tuesday upended plans for thousands of passengers in London, Paris, Brussels and Amsterdam. Rail passengers travelling between the UK and mainland Europe are enduring a second day of major disruption after a power failure shut down the Channel Tunnel, halting both Eurostar and LeShuttle services. The fault, linked to the overhead power supply, brought traffic to a standstill and left thousands of travellers stranded on both sides of the Channel. Although some services have begun to move again, operators warn that delays and cancellations will continue while engineers work to stabilise the system. Eurostar has urged passengers to avoid travelling unless essential, as many trains remain suspended or heavily delayed. LeShuttle customers are also facing long queues, with significant backlogs reported at both Folkestone and Calais. The timing has added to the frustration, hitting one of the busiest travel per...
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Trump's Tariff Man: What Howard Lutnick's Appointment Means for Canada

 

President-elect Donald Trump has appointed Howard Lutnick, a Wall Street heavyweight and co-leader of Trump's transition team, as his Secretary of Commerce and the point man for his tariff and trade agenda. Lutnick's appointment signals a significant shift in U.S. trade policy, with potential major implications for Canada.

Lutnick has publicly shared his views on tariffs, emphasizing that they will not be applied indiscriminately. Instead, he envisions tariffs serving two main purposes: influencing specific industries and acting as a negotiating tool to lower trade barriers with other countries. This approach aims to create a more level playing field for American businesses, particularly in the automotive sector, where Lutnick has highlighted the need for fairer competition with European and Japanese manufacturers.

For Canada, the impact of Trump's tariff plan could be substantial. Estimates suggest that the tariffs could cost Canada's economy anywhere from a half-per cent to five per cent of GDP, depending on their design and implementation. The energy sector, a major Canadian export to the U.S., might see less impact, but the automotive industry could face significant challenges.

As Lutnick takes on his new role, Canadian officials and businesses will be closely monitoring the developments to understand how these changes will affect cross-border trade and the broader economic relationship between the two countries.

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