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Trump says he will impose 50% tariff on copper imports
Increasing tariffs on copper imports to 50 percent could significantly affect trade costs and market prices, potentially influencing domestic industries reliant on this essential r...
Read Full Article →Rents easing across most major markets but many tenants not feeling relief: CMHC
Although advertised rents in several key cities are declining slightly because of greater availability and reduced demand, many tenants continue to experience financial strain and...
Read Full Article →Competition Bureau advances its investigation into Amazon's pricing policy
The investigation into Amazon’s pricing practices may impact the company’s revenue strategies by scrutinizing compliance with fair market rules, potentially influencing future fina...
Read Full Article →RBC tells customer she's responsible for $14K stolen from account in bank investigator scam
A customer lost over $14,000 after scammers impersonated bank officials, highlighting ongoing challenges with banks’ reimbursement policies and the broader issue of financial liabi...
Read Full Article →Trump announces tariff rates for numerous countries — but not Canada
The newly introduced tariffs on several nations could impact international trade dynamics and economic relationships, while Canada remains unaffected by these recent policy develop...
Read Full Article →Amid tariffs and falling sales, is Canada's EV mandate doomed?
The ongoing U.S. tariffs on key materials and declining vehicle demand have prompted Canadian automakers' leaders to seek relief, raising concerns about the sustainability of natio...
Read Full Article →Sask.'s mortgage delinquency rate is highest among provinces, but it's getting worse in Ont. and B.C...
The increasing number of overdue mortgage payments in several provinces highlights growing financial challenges for homeowners, potentially impacting the broader housing market and...
Read Full Article →Calgary Stampede: What the Greatest Outdoor Show on Earth says about the economy
The Calgary Stampede generates substantial economic activity in Alberta by attracting visitors, boosting local businesses, and reflecting broader recovery trends following recent t...
Read Full Article →More and more influencers are offering financial advice on TikTok and YouTube. Should you take it?
The growing presence of social media personalities sharing budgeting and investment tips highlights the increasing influence of non-traditional sources on people's financial decisi...
Read Full Article →Government talking to metals giant Rio Tinto about cash flow help amid U.S. tariffs
The federal government is engaging with Rio Tinto to address financial challenges resulting from U.S. import duties on steel and aluminum, aiming to support the company’s operation...
Read Full Article →GTA home sales down year-over-year in June, listings up: real estate board
The decrease in property transactions alongside an increase in available homes may affect market dynamics and pricing trends in the Greater Toronto Area's real estate sector.
Read Full Article →$8.2B US merger of Viterra and Bunge now complete
The combination of Viterra and Bunge in the United States, valued at $8.2 billion, marks a major consolidation in the agricultural sector with potential impacts on market dynamics.
Read Full Article →Canada's trade deficit narrowed to $5.9B in May, as trade with U.S. continues to decrease
In May, Canada’s overall trade gap decreased to $5.9 billion due to rising exports to countries outside the U.S., despite a continued decline in shipments to its southern neighbor.
Read Full Article →Tesla sales slump as electric carmaker faces 2nd year of falling sales
Tesla experienced a notable decline in revenue during the second quarter, impacted by a combination of public demonstrations at its retail locations and recent changes in its leade...
Read Full Article →Rogers closes deal with BCE to become majority owner of Maple Leafs Sports & Entertainment
Rogers Communications Inc.'s acquisition of BCE Inc.'s 37.5 percent share in Maple Leaf Sports & Entertainment strengthens its control, potentially increasing its influence over re...
Read Full Article →Non-profit run by 23andMe co-founder gets court approval to buy the genetic testing company
The acquisition allows the nonprofit led by 23andMe's co-founder to gain control of most company assets, impacting the genetic testing market as legal challenges over data privacy...
Read Full Article →Is Canada now free of internal trade barriers? Not yet, says expert
Despite government efforts to reduce obstacles between provinces, experts indicate that significant restrictions on internal commerce in Canada continue to impact economic efficien...
Read Full Article →Judge authorizes Tim Hortons Roll Up to Win class action — but only for Quebec customers
The court’s decision to permit the class action exclusively for Quebec consumers highlights potential financial liabilities for Tim Hortons related to the disputed promotional emai...
Read Full Article →Canada's stubby beer bottle finds new meaning in an age of American bluster
The renewed popularity of this uniquely shaped Canadian beer container reflects its role as a symbolic economic gesture amid escalating commercial disagreements with the United Sta...
Read Full Article →Canada is getting a second shot at becoming a major LNG player
The new LNG export facility in Kitimat, along with additional projects underway, represents a valuable opportunity for Canada to tap into growing international demand, despite ongo...
Read Full Article →DHL Express Canada strike, lockout to end after workers ratify new agreement, union says
The resolution of the three-week labor dispute at DHL Express Canada is expected to stabilize operations and reduce financial losses for both the company and its workforce.
Read Full Article →Trump wants Canada's digital services tax gone before trade talks resume
The continuation of trade negotiations between the U.S. and Canada is contingent upon the removal of Canada's levy on digital companies, which is viewed as impacting cross-border e...
Read Full Article →Canada's GDP shrank in April, with hefty decline in manufacturing
Canada experienced a slight contraction in economic output during April and May, driven primarily by reduced industrial production, according to preliminary figures released by Sta...
Read Full Article →Matcha is having a moment — and it's putting pressure on Japan's tea industry
The rising global demand for matcha tea, driven by its unique flavor and appearance, has created supply shortages that challenge Japan’s tea producers to increase output and meet m...
Read Full Article →U.S. economy shrank in 1st quarter, falling short of expectations
The decline in economic output during the first quarter highlights potential challenges for growth and may influence future fiscal and monetary policy decisions in response to trad...
Read Full Article →DHL Express Canada reaches tentative agreement with union
The resolution of labor negotiations between DHL Express Canada and its union is expected to stabilize operations, potentially minimizing financial disruptions and supporting the c...
Read Full Article →Enbridge says it would pitch new Alberta-B.C. pipeline only under right conditions
Enbridge indicated that pursuing a new pipeline project between Alberta and British Columbia depends on various market factors and regulatory approvals, highlighting the potential...
Read Full Article →Alberta's oilsands to hit record production high in 2025
The increase in northern Alberta's oilsands output by five percent in 2025 is likely to have a notable impact on the region's economic growth and revenue generation within the ener...
Read Full Article →Inflation unchanged at 1.7% in May as rental price growth slowed
Canada’s steady inflation rate of 1.7 percent in May reflects a moderation in housing costs, which plays a key role in overall consumer price trends and economic stability.
Read Full Article →What is the Strait of Hormuz and what could happen to oil prices if Iran shuts it down?
The potential closure of the Strait of Hormuz by Iran could disrupt a significant portion of global energy supply, leading to increased uncertainty and volatility in oil markets wo...
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