Royal Bank of Canada closed C$6.34 short of its 52-week high of C$180.45, which the company reached on December 6th.

Trump says tariffs will start Feb. 1 on the country’s largest trading partners: Canada, Mexico and China. The administration ordered federal diversity efforts to shut down by Wednesday night.

PM Trudeau, Ontario Premier Ford have been outspoken about the dollar-for-dollar response they use against the U.S should tariffs come into play.