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B.C. government approves new LNG pipeline with terminus near Prince Rupert
The approved pipeline project is expected to enhance natural gas transportation capacity, potentially boosting regional energy exports and generating economic activity in British C...
Read Full Article →April's $7.1B merchandise trade deficit was the largest on record
In April, Canada experienced an unprecedented merchandise trade shortfall totaling $7.1 billion, largely due to a significant decline in exports influenced by increased U.S. tariff...
Read Full Article →Bank of Canada must get comfortable with the unknown as long as Trump is in charge
The Bank of Canada faces uncertainty in setting monetary policy as unclear U.S. trade decisions may delay critical interest rate adjustments, potentially impacting economic stabili...
Read Full Article →As Bank of Canada holds rates, experts say a cut alone won't stop an economic slowdown
Maintaining the current interest rate reflects cautious economic management, as professionals believe that reducing rates may not sufficiently counteract the ongoing challenges aff...
Read Full Article →Swift reaction but little action so far from Canada in response to Trump's steel and aluminum tariff...
Canada faces potential economic challenges as it considers how to address the recently increased U.S. duties on steel and aluminum, with the government acknowledging the impact but...
Read Full Article →RECAP | Bank of Canada holds interest rate at 2.75% amid 'unusual uncertainty'
The Bank of Canada maintained its interest rate at 2.75% due to economic unpredictability and fluctuating inflation, reflecting cautious monetary policy amid unclear financial cond...
Read Full Article →Ford, Hyundai post higher U.S. sales in May on strong SUV, truck demand
In May, increased demand for SUVs and trucks contributed to higher U.S. sales for several automakers, despite challenges from tariff-related cost increases impacting overall profit...
Read Full Article →Doubled tariffs raise concerns Canadian steel could be shut out of U.S., but some companies say they...
The increased duties on steel imports may significantly impact Canadian producers' access to the U.S. market, prompting certain firms to explore strategies to adapt to the evolving...
Read Full Article →Trump signs order to double steel and aluminum tariffs at midnight
The decision to increase tariffs on imported steel and aluminum to 50 percent is expected to significantly impact trade dynamics and could lead to increased costs for industries re...
Read Full Article →Court OK's Hudson's Bay selling trademarks, like iconic stripes, to Canadian Tire
The court approval allows Hudson's Bay to transfer valuable branding assets to Canadian Tire, generating $30 million and potentially impacting both companies’ market positions and...
Read Full Article →Time is running out on Trump’s trade deal promises
The approaching deadlines highlight the urgency for tangible progress in trade agreements, as commitments made by the administration have yet to result in finalized economic partne...
Read Full Article →Canadian economy will be among those hit hardest by global slowdown, says OECD
The anticipated global economic deceleration is expected to significantly impact Canada’s financial performance, reflecting heightened vulnerabilities compared to many other nation...
Read Full Article →ETFs are outpacing mutual funds despite market volatility. Are rookie retail investors at risk?
Recent data shows Canadians increasingly favor exchange-traded funds over mutual funds, highlighting a shift in investment preferences amid global market instability and potential...
Read Full Article →Canada had big EV battery recycling plans, but without regulations it's the 'Wild West,' expert warn...
The growth of electric vehicles in Canada presents a substantial opportunity for recovering valuable minerals through battery recycling, but the lack of clear policies may hinder t...
Read Full Article →Oil companies sued over heat dome 'wrongful' death
The lawsuit against multiple oil and gas firms could result in substantial financial liabilities if courts determine their operations significantly influenced extreme weather condi...
Read Full Article →Canada's GDP grew by annualized rate of 2.2% in first quarter
The Canadian economy expanded at an annualized pace of 2.2% in the first quarter, surpassing forecasts and indicating stronger-than-anticipated economic performance.
Read Full Article →Tesla registrations down 90% in Quebec in 1st quarter of 2025
The sharp decline in Tesla vehicle sales in Quebec during early 2025 could substantially affect the company's regional revenue and market presence amid evolving economic and policy...
Read Full Article →U.S. appeals court says Trump can keep collecting tariffs — for now
The court's decision permits the continuation of tariff collections temporarily, which affects government revenue streams and maintains trade-related financial measures amid ongoin...
Read Full Article →Trump tariffs suffer staggering setback in U.S. court
A recent court decision prevented the implementation of broad import taxes imposed by the previous administration, potentially impacting trade balances and market prices for goods...
Read Full Article →Canada Post reports $1.3B operating loss with declines in both letter and parcel revenue
Canada Post has experienced substantial financial challenges, reporting a significant deficit that adds to multibillion-dollar losses over recent years, raising concerns amid ongoi...
Read Full Article →Trump drops tariff threat against EU after weekend call with bloc chief
The removal of the proposed 50 percent tariffs following discussions between U.S. and EU leaders could positively influence transatlantic trade relations and reduce potential econo...
Read Full Article →How the peaceful world of puzzles has been upended by the global trade war
The ongoing international tariff conflict has increased costs and disrupted supply chains for puzzle manufacturers, leading to higher prices and challenges in obtaining essential m...
Read Full Article →'Energy is Canada's power': New federal energy minister touts past Alberta oilpatch ties
The federal energy minister emphasized the economic importance of Canada's energy industry, drawing on his previous experience and advocating for the development of diverse project...
Read Full Article →Trump threatens EU with 50% tariff, iPhone maker Apple with 25%
The announcement of substantial tariffs on European imports and a major technology company has heightened trade tensions, potentially impacting international markets and economic r...
Read Full Article →Stellantis postpones Canadian-made 2026 Dodge Charger R/T model amid tariffs
The delay in manufacturing the 2026 Dodge Charger R/T in Canada reflects potential cost increases and market uncertainty caused by recent U.S. import tariffs affecting the automoti...
Read Full Article →Canada Post is in trouble. Here are the facts
Canada Post faces significant financial challenges as increasing operational disruptions and mounting losses threaten its stability and ability to maintain consistent postal servic...
Read Full Article →TotalEnergies signs supply deal with proposed Ksi Lisims LNG project on B.C. coast
The agreement secures a long-term purchase of two million tons annually of liquefied natural gas, representing a substantial financial commitment to the development of the proposed...
Read Full Article →Inflation rate drops to 1.7% in April, driven by lower energy prices after carbon tax removal
Canada's cost of living increased at a slower pace in April, largely due to reduced energy expenses following the elimination of the federal consumer carbon tax, impacting overall...
Read Full Article →Subaru of America is the latest carmaker to raise prices citing market conditions
Subaru of America has increased its vehicle prices, attributing the change to general market factors, which may impact consumer costs and overall company revenue in the automotive...
Read Full Article →What can Toronto's real estate industry do to solve the city's big problem of small condos?
The shift toward owner-occupied units in Toronto’s condo market highlights the financial challenges of redesigning small living spaces to accommodate growing demand for larger resi...
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