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Amazon taps into Canadian patriotism
Amazon's recent strategic initiatives in Canada, including the extension of Prime Days, aim to strengthen its market presence and potentially increase revenue by appealing to local...
Read Full Article →Posthaste: Carney's 'build, baby, build' mega-bill no silver bullet to neutralize blow from tariffs,...
An economist suggests that the economic benefits anticipated from removing internal trade restrictions might be less substantial than the government's projections indicate.
Read Full Article →Made in Canada: how Canadian businesses are tackling the trade war
Canadian companies are adapting their strategies to navigate the economic impact of increased tariffs and trade restrictions, aiming to maintain profitability and sustain growth in...
Read Full Article →Ottawa to curb steel imports with tariff rate quota on certain countries
The Canadian government plans to impose a tariff rate quota on steel imports from specific nations, applying a 50% tariff to quantities exceeding limits for countries lacking trade...
Read Full Article →Roots takes Canada to the world
Roots has expanded its international presence significantly, reaching customers in 75 countries and enhancing its global market influence as a well-known Canadian brand.
Read Full Article →'Unmoored' inflation expectations could be huge shock to global economy, warns BIS
The report from the financial watchdog highlights that unpredictable inflation outlooks, along with trade instability and elevated government debt, pose substantial risks that coul...
Read Full Article →Unemployment, inflation and travel amid ongoing tariff uncertainty: FP video
Rising unemployment and persistent inflation concerns are influencing Canadians' travel decisions, as ongoing tariff uncertainties continue to impact the overall economic landscape...
Read Full Article →What is Canada's digital services tax and why is it infuriating Trump?
Canada’s digital services tax imposes a levy on revenues from certain online businesses, prompting significant diplomatic tensions and contributing to the suspension of trade talks...
Read Full Article →Trump ceasing all trade talks with Canada 'effective immediately,' warns he will impose tariff rate
The decision to halt negotiations with Canada immediately is expected to impact cross-border trade and may lead to the introduction of tariffs, affecting industries such as agricul...
Read Full Article →Shrinking GDP may not be enough for the Bank of Canada to start cutting rates again
The recent economic contraction presents a complex situation for monetary policy, as it may not provide sufficient justification for the central bank to lower interest rates in the...
Read Full Article →Canada's economy starts to lose momentum
Canada's recent decline in economic activity, marked by decreasing output in consecutive months, indicates a potential overall reduction in economic growth for the current quarter.
Read Full Article →Posthaste: Why more economists think the Bank of Canada is done cutting interest rates
Many experts now believe the central bank is unlikely to lower borrowing costs further, reflecting expectations that current monetary policy may remain stable to support economic c...
Read Full Article →Jobless rate to hit 7.3% as tariffs bite: Deloitte
Rising unemployment, influenced by increased trade restrictions, could slow economic growth and impact consumer spending, signaling potential challenges for businesses and overall...
Read Full Article →Bought gold bars from Costco in 2023? Here’s how much they're worth now
The value of gold purchased from Costco in 2023 has increased notably, with the current price for one ounce reaching $4,590.85 as of June 25, reflecting market fluctuations.
Read Full Article →Bank of Canada's inflation worries linger
The persistent concerns about rising prices in Canada highlight ongoing challenges for monetary policy and economic stability, potentially influencing interest rates and consumer s...
Read Full Article →Decathlon to shutter five GTA locations this summer
The closure of five stores in the Greater Toronto Area is expected to impact the company’s regional revenue streams and operational costs throughout the upcoming fiscal period.
Read Full Article →Posthaste: Canada is in for a rough couple of quarters, say economists
Economists forecast a brief economic downturn in Canada, with unemployment rising to approximately 7.3%, before a gradual recovery strengthens financial conditions in the following...
Read Full Article →B.C. pension giant taps uncertainty in market to ink 45 deals in six months
The pension fund capitalized on market volatility to complete numerous transactions, while reducing its exposure to U.S. assets and achieving a 10% return that fell short of its ta...
Read Full Article →Ontario and Quebec economies to be hardest hit this year by trade war: Deloitte
Economic challenges from increased tariffs are expected to disproportionately affect Ontario and Quebec, whereas provinces with strong energy sectors are likely to experience more...
Read Full Article →Carney says Canada can reach new $150 billion NATO bill with mines
Canada’s abundant supply of essential minerals could help the nation fulfill a potentially increased NATO expenditure target, which may amount to five percent of its gross domestic...
Read Full Article →Economists split on what inflation numbers mean for Bank of Canada rate cut
Financial experts are divided on how recent inflation data might influence the Bank of Canada's decision regarding interest rates, especially given concerns about potential tariff-...
Read Full Article →Canada's inflation rate holds steady at 1.7% in May
Canada's stable inflation rate in May reflects moderating housing costs, which contributed to maintaining overall price increases at a controlled level, impacting consumer expenses...
Read Full Article →Canada's digital services tax is 'needlessly inflammatory' during trade talks with U.S.
The upcoming payments by U.S. technology firms under Canada's new digital services levy mark a notable development in tax policy that could influence ongoing negotiations between t...
Read Full Article →Danielle Smith expects new oil pipeline proposal within weeks
The proposed oil pipeline to the west coast could significantly impact Canada's energy sector by potentially increasing export capacity and opening new markets for crude transporta...
Read Full Article →David Rosenberg: How did the Canadian market hit a new record? Gold exposure has helped
The Canadian market reached a new high partly due to increased gold investments, which have gained value amid ongoing supportive economic and geopolitical factors influencing the s...
Read Full Article →Where the Canadian dollar and oil prices are headed: FP video
The fluctuations in the value of the Canadian currency and changes in crude oil rates can have important economic impacts, influencing trade balances, investment decisions, and gov...
Read Full Article →'Grisly' May retail sales drop of 1.1% could point to Bank of Canada restarting rate cuts
The unexpected decrease in retail sales during May may influence the Bank of Canada’s decision-making regarding interest rates, potentially leading to a reduction to support econom...
Read Full Article →Charles St-Arnaud: Carney's 'One Canadian Economy' a much-needed move in the right direction, but qu...
A comprehensive investment strategy aimed at unifying economic efforts across Canada could play a crucial role in revitalizing the country’s overall financial stability and long-te...
Read Full Article →Carney announces new measures to protect Canada's steel and aluminum industries
The government plans to implement limits on imported steel and explore additional tariff options to support domestic producers amid economic challenges stemming from U.S. trade pol...
Read Full Article →'We are not seeing inflation in our business,' Empire CEO says
Empire CEO Michael Medline stated that the company’s financial performance has not been impacted by rising grocery costs, indicating a steady pricing environment within their opera...
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