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Linda Yaccarino steps down as CEO of Elon Musk's X
Linda Yaccarino’s resignation as CEO of the social media platform presents potential financial challenges amidst Elon Musk’s broader business difficulties, including declining reve...
Read Full Article →Trump issues tariff letters to 7 more trading partners as talks with EU continue
The issuance of tariff notifications to additional countries represents a strategic move that could influence international trade dynamics and affect economic relationships between...
Read Full Article →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.
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