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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...
Read Full Article →Bankrupt DNA testing company 23andMe to be bought by Regeneron
Regeneron’s acquisition of the financially troubled DNA testing firm could impact the handling of extensive genetic data, while addressing concerns about privacy and potential misu...
Read Full Article →MEC back under Canadian ownership after 5 years of U.S. management
The transition to Canadian investors led by Tim Gu marks a strategic shift that could influence MEC’s financial direction and strengthen its position within the domestic outdoor re...
Read Full Article →China emerging as top customer for Canadian oil shipped via Trans Mountain Pipeline
The increased demand from China for Canadian oil transported through the Trans Mountain Pipeline reflects changing trade patterns and has notable implications for Canada's energy e...
Read Full Article →Strathcona Resources makes stock-and-cash takeover offer for MEG Energy
Strathcona Resources’ proposed acquisition of MEG Energy involves a combination of shares and cash, reflecting a total valuation of nearly $5.9 billion for the oilsands producer.
Read Full Article →The condo market is slowing down. Where are all the buyers?
The recent shift in Canada's major urban housing sector reflects increased availability of units alongside a noticeable decline in purchaser interest, impacting overall market acti...
Read Full Article →Tariffs hitting shoppers in Canada and U.S., with some prices set to rise at Loblaw stores, Walmart
Both Canadian and U.S. retailers are adjusting prices upward on certain products as increased costs from trade restrictions impact supply chains and inventory levels in major store...
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