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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...
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