By Fergal Smith TORONTO -The Canadian dollar tumbled to a near five-year low against its U.S. counterpart on Thursday and bond yields fell as U.S. President Donald Trump repeated his threat of hefty tariffs on goods from Canada and Mexico,

U.S. President Donald Trump says he will decide Thursday night if oil will be a target of the hefty tariffs he's threatening to impose on Canadian goods.

President Trump has said he could slap 25% tariffs on Canadian imports as soon as Saturday. While that is bad news for Canadian oil producers, it isn’t nearly as bad as it looks. Canada depends heavily on the U.