GBP/USD 1.358 EUR/GBP 0.863 GBP/JPY 198.610 EUR/USD 1.171 GBP/AUD 2.070 USD/JPY 146.273 USD/CAD 1.368 AUD/USD 0.656 CAD/JPY 106.935 EUR/CAD 1.602 GBP/CAD 1.857 AUD/CAD 0.897 AUD/JPY 95.945 AUD/NZD 1.090 EUR/AUD 1.786 GBP/USD 1.358 EUR/GBP 0.863 GBP/JPY 198.610 EUR/USD 1.171 GBP/AUD 2.070 USD/JPY 146.273 USD/CAD 1.368 AUD/USD 0.656 CAD/JPY 106.935 EUR/CAD 1.602 GBP/CAD 1.857 AUD/CAD 0.897 AUD/JPY 95.945 AUD/NZD 1.090 EUR/AUD 1.786
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CBC Business • May 30, 2025

Canada's GDP grew by annualized rate of 2.2% in first quarter

The Canadian economy expanded at an annualized pace of 2.2% in the first quarter, surpassing forecasts and indicating stronger-than-anticipated economic performance.

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CBC Business • May 30, 2025

Tesla registrations down 90% in Quebec in 1st quarter of 2025

The sharp decline in Tesla vehicle sales in Quebec during early 2025 could substantially affect the company's regional revenue and market presence amid evolving economic and policy...

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CBC Business • May 29, 2025

U.S. appeals court says Trump can keep collecting tariffs — for now

The court's decision permits the continuation of tariff collections temporarily, which affects government revenue streams and maintains trade-related financial measures amid ongoin...

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CBC Business • May 28, 2025

Trump tariffs suffer staggering setback in U.S. court

A recent court decision prevented the implementation of broad import taxes imposed by the previous administration, potentially impacting trade balances and market prices for goods...

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CBC Business • May 28, 2025

Canada Post reports $1.3B operating loss with declines in both letter and parcel revenue

Canada Post has experienced substantial financial challenges, reporting a significant deficit that adds to multibillion-dollar losses over recent years, raising concerns amid ongoi...

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CBC Business • May 26, 2025

Trump drops tariff threat against EU after weekend call with bloc chief

The removal of the proposed 50 percent tariffs following discussions between U.S. and EU leaders could positively influence transatlantic trade relations and reduce potential econo...

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CBC Business • May 25, 2025

How the peaceful world of puzzles has been upended by the global trade war

The ongoing international tariff conflict has increased costs and disrupted supply chains for puzzle manufacturers, leading to higher prices and challenges in obtaining essential m...

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CBC Business • May 23, 2025

'Energy is Canada's power': New federal energy minister touts past Alberta oilpatch ties

The federal energy minister emphasized the economic importance of Canada's energy industry, drawing on his previous experience and advocating for the development of diverse project...

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CBC Business • May 23, 2025

Trump threatens EU with 50% tariff, iPhone maker Apple with 25%

The announcement of substantial tariffs on European imports and a major technology company has heightened trade tensions, potentially impacting international markets and economic r...

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CBC Business • May 22, 2025

Stellantis postpones Canadian-made 2026 Dodge Charger R/T model amid tariffs

The delay in manufacturing the 2026 Dodge Charger R/T in Canada reflects potential cost increases and market uncertainty caused by recent U.S. import tariffs affecting the automoti...

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CBC Business • May 21, 2025

Canada Post is in trouble. Here are the facts

Canada Post faces significant financial challenges as increasing operational disruptions and mounting losses threaten its stability and ability to maintain consistent postal servic...

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CBC Business • May 20, 2025

TotalEnergies signs supply deal with proposed Ksi Lisims LNG project on B.C. coast

The agreement secures a long-term purchase of two million tons annually of liquefied natural gas, representing a substantial financial commitment to the development of the proposed...

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CBC Business • May 20, 2025

Inflation rate drops to 1.7% in April, driven by lower energy prices after carbon tax removal

Canada's cost of living increased at a slower pace in April, largely due to reduced energy expenses following the elimination of the federal consumer carbon tax, impacting overall...

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CBC Business • May 20, 2025

Subaru of America is the latest carmaker to raise prices citing market conditions

Subaru of America has increased its vehicle prices, attributing the change to general market factors, which may impact consumer costs and overall company revenue in the automotive...

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CBC Business • May 20, 2025

What can Toronto's real estate industry do to solve the city's big problem of small condos?

The shift toward owner-occupied units in Toronto’s condo market highlights the financial challenges of redesigning small living spaces to accommodate growing demand for larger resi...

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CBC Business • May 19, 2025

Bankrupt DNA testing company 23andMe to be bought by Regeneron

Regeneron’s acquisition of the financially troubled DNA testing firm could impact the handling of extensive genetic data, while addressing concerns about privacy and potential misu...

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CBC Business • May 17, 2025

MEC back under Canadian ownership after 5 years of U.S. management

The transition to Canadian investors led by Tim Gu marks a strategic shift that could influence MEC’s financial direction and strengthen its position within the domestic outdoor re...

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CBC Business • May 16, 2025

China emerging as top customer for Canadian oil shipped via Trans Mountain Pipeline

The increased demand from China for Canadian oil transported through the Trans Mountain Pipeline reflects changing trade patterns and has notable implications for Canada's energy e...

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CBC Business • May 16, 2025

Strathcona Resources makes stock-and-cash takeover offer for MEG Energy

Strathcona Resources’ proposed acquisition of MEG Energy involves a combination of shares and cash, reflecting a total valuation of nearly $5.9 billion for the oilsands producer.

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CBC Business • May 15, 2025

The condo market is slowing down. Where are all the buyers?

The recent shift in Canada's major urban housing sector reflects increased availability of units alongside a noticeable decline in purchaser interest, impacting overall market acti...

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CBC Business • May 15, 2025

Tariffs hitting shoppers in Canada and U.S., with some prices set to rise at Loblaw stores, Walmart

Both Canadian and U.S. retailers are adjusting prices upward on certain products as increased costs from trade restrictions impact supply chains and inventory levels in major store...

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CBC Business • May 15, 2025

Enbridge sells stake in Westcoast pipeline to First Nations group

Enbridge Inc. has transferred a partial ownership interest in its Westcoast pipeline to a coalition of 36 First Nations in British Columbia, marking a notable transaction with pote...

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CBC Business • May 15, 2025

Will the Liberals' campaign promises help fix the housing crisis?

The Liberals’ proposed housing initiatives could potentially influence market stability, affordability, and investment patterns, affecting various economic sectors and stakeholders...

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CBC Business • May 14, 2025

Ontario, Manitoba agree to boost interprovincial trade, facing U.S. tariff crunch

The decision by Ontario and Manitoba to reduce restrictions on commerce and labor movement aims to strengthen regional economic resilience amid increasing challenges posed by exter...

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CBC Business • May 14, 2025

GM, LG Energy Solution to make new, lower-cost battery cells for future EVs

General Motors and LG Energy Solution plan to develop innovative battery cells with reduced expenses, aiming to make electric vehicles more competitively priced compared to traditi...

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CBC Business • May 13, 2025

Honda to postpone plans for EV plant in Canada for at least 2 years

Honda's decision to delay the establishment of an electric vehicle manufacturing facility in Ontario reflects financial caution due to potential impacts from anticipated United Sta...

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CBC Business • May 13, 2025

U.S. car prices, consumer demand surge in April after tariffs hit

April saw a notable increase in new vehicle costs and buyer interest in the United States, reflecting the broader economic impact of recently implemented trade restrictions on the...

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CBC Business • May 12, 2025

U.S. and China reach deal to slash tariffs for 90 days

The agreement to temporarily reduce tariffs between the U.S. and China aims to ease trade tensions and potentially improve economic conditions by encouraging increased cross-border...

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CBC Business • May 09, 2025

Enbridge CEO 'completely enthused' by conversation around energy in Canada, U.S.

The leader of Enbridge Inc. highlighted the growing support from Canadian and U.S. authorities for accelerating oil and gas infrastructure development, which could positively impac...

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CBC Business • May 09, 2025

Enbridge reports $2.3B first-quarter profit up from $1.4B last year

Enbridge’s latest quarterly earnings demonstrated a substantial increase in profitability, with net income and earnings per share both showing significant growth compared to the sa...

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