GBP/USD 1.355 EUR/GBP 0.862 GBP/JPY 198.667 EUR/USD 1.169 GBP/AUD 2.068 USD/JPY 146.598 USD/CAD 1.370 AUD/USD 0.655 CAD/JPY 107.038 EUR/CAD 1.601 GBP/CAD 1.856 AUD/CAD 0.898 AUD/JPY 96.081 AUD/NZD 1.091 EUR/AUD 1.783 GBP/USD 1.355 EUR/GBP 0.862 GBP/JPY 198.667 EUR/USD 1.169 GBP/AUD 2.068 USD/JPY 146.598 USD/CAD 1.370 AUD/USD 0.655 CAD/JPY 107.038 EUR/CAD 1.601 GBP/CAD 1.856 AUD/CAD 0.898 AUD/JPY 96.081 AUD/NZD 1.091 EUR/AUD 1.783
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CBC Business • Jun 25, 2025

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...

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CBC Business • Jun 24, 2025

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...

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CBC Business • Jun 24, 2025

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.

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CBC Business • Jun 23, 2025

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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CBC Business • Jun 20, 2025

VIA Rail and Unifor reach tentative agreement, avoiding a strike

The agreement between the national passenger rail service and its unionized employees potentially prevents costly disruptions and financial losses associated with work stoppages af...

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CBC Business • Jun 20, 2025

As the U.S. trade war drags, calls grow for Canada to cautiously improve ties with China

Amid ongoing tensions between major global economies, Canadian policymakers are urged to develop strategies that enhance trade opportunities with China to support domestic business...

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CBC Business • Jun 18, 2025

Lululemon cutting 150 corporate jobs as athleisure brand braces for tariff impact

Lululemon Athletica Inc. is reducing its corporate workforce by approximately 150 positions to adjust its operations in response to expected increased costs from new trade tariffs.

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CBC Business • Jun 18, 2025

Wheat and corn crops in Canada's Prairies, U.S. Midwest could see biggest losses due to climate chan...

Changes in climate are projected to substantially reduce yields of key staple crops in North America, potentially impacting market supply and influencing global food costs unless e...

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CBC Business • Jun 17, 2025

B.C. mining company cuts 140 positions due to 'challenging market conditions'

Elk Valley Resources, a Glencore subsidiary managing multiple coal mines in southeastern British Columbia, is reducing its workforce by 140 employees in response to difficult econo...

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CBC Business • Jun 13, 2025

How Canada emerged as the safest port in a storm of global trade

Canada's ability to maintain favorable tariff conditions amid escalating international trade tensions has helped stabilize its economic position compared to other key trading natio...

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CBC Business • Jun 13, 2025

Manufacturing sales fall 2.8 per cent in April, biggest monthly drop since 2023

The decline in manufacturing sales during April highlights a notable economic impact, reflecting challenges faced by the industry amid ongoing trade tensions with the United States...

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CBC Business • Jun 13, 2025

Oil prices surge after Israel's strike on Iran

The recent military action has heightened geopolitical tensions, leading to increased energy costs, declining equity markets, and a shift toward safer assets such as the U.S. dolla...

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CBC Business • Jun 11, 2025

Gen Z is facing the worst youth unemployment rate in decades. Here is how it's different

Economic challenges such as rising inflation, increased competition from a growing population, and trade tensions with the U.S. are contributing to significant employment difficult...

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CBC Business • Jun 10, 2025

OPEC boss slams net-zero targets, promotes big future for oil in Calgary speech

The leader of OPEC emphasized the ongoing global demand for oil, suggesting that sustained financial investments in the industry will be crucial to support energy markets over the...

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CBC Business • Jun 08, 2025

DHL Express workers on strike after company locks them out, adding to parcel sector turmoil

The lockout of DHL Express employees following unsuccessful contract negotiations may disrupt operations and impact revenue within Canada’s parcel delivery industry amid ongoing se...

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CBC Business • Jun 08, 2025

Customs brokers are cross-border trade gurus. With tariff whiplash, they're facing 'toxic uncertaint...

Customs brokers play a crucial role in managing the costs associated with international trade by accurately determining duties, which has become increasingly challenging due to fre...

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CBC Business • Jun 06, 2025

Canada's unemployment rate ticks up to 7% in May, highest in 9 years outside of pandemic

The recent increase in Canada's jobless rate to seven percent may impact economic growth and influence government policy decisions regarding labor markets and social support progra...

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CBC Business • Jun 05, 2025

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...

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CBC Business • Jun 05, 2025

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...

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CBC Business • Jun 05, 2025

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...

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CBC Business • Jun 04, 2025

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...

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CBC Business • Jun 04, 2025

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...

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CBC Business • Jun 04, 2025

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...

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CBC Business • Jun 04, 2025

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...

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CBC Business • Jun 04, 2025

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...

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CBC Business • Jun 03, 2025

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...

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CBC Business • Jun 03, 2025

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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CBC Business • Jun 03, 2025

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...

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CBC Business • Jun 03, 2025

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...

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CBC Business • Jun 02, 2025

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...

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