President Trump announced on social media late Thursday night that he was ending all trade negotiations with Canada because of a video ad paid for by the province of Ontario that quoted his Republican presidential predecessor Ronald Reagan criticizing tariffs.

Ontario Premier Doug Ford said he will pause the ad on Monday "so that trade talks can resume."

The US dollar is trading higher against all the G10 currencies today, but it has not broken out of this week's ranges.

Officials say the upgrade of Montreal’s port will help Canadian importers and exporters find alternatives to the U.S.