The retailer's stores tend to be in Canada's busiest shopping corridors, making them prime for a reinvention some landlords have quietly been thinking about for years.

The White House said Canada and Mexico remain under previous economywide duties the president has linked to the flow of fentanyl across the borders and are not subject to Trump's latest tariffs.

The Royal George Theatre will close permanently later this year and the rebuild is expected to be completed in 2029.

The Canadian Construction Association has made infrastructure investment its top priority in the federal election.

Canada could see some 160,000 people lose their job in the second quarter, pushing unemployment up to 7.3 per cent.