Hour 1 of Ottawa Now for Tues. July 15th, 2025

Earlier today, Prime Minister Mark Carney was using a different tone when discussing trade negotiations with the United States. Ahead of an urgent Cabinet meeting, he told the media to tamper expectations of a tariff-free trade deal with Canada’s closest neighbour. CFRA’s Andrew Pinsent delivers the latest developments in Hour 1. Later in the show, we pick the brain of Joseph Steinberg, a Professor of Economics at the University of Toronto. He studies the economic impact of tariffs, and the future of trading with America. But first, we bring you up to speed on today’s top headlines.