Most of Nova Scotia’s universities are in the red. Here’s why, and what’s next
Nova Scotia’s universities are planning cuts, program reviews and tuition increases to grapple with budget shortfalls over the coming year. All of the province’s large universities are planning to run a deficit in 2025-26. The troubled times come amid a significant drop…
Trump says he will impose 50% tariff on copper
U.S. President Donald Trump said he will announce a 50 per cent tax on imported copper on Tuesday — adding to the growing list of punishing tariffs that are causing economic dislocation in Canada and around the world. Trump said…
RBC tells customer she’s responsible for $14K stolen from account in bank investigator scam
At first, Melissa Plett didn’t think there was anything suspicious about a fraud alert call she got last month purportedly from her bank, the Royal Bank of Canada (RBC). Her phone’s call display showed the number was RBC’s. Plus, the…
Trump announces tariff rates for numerous countries — but not Canada
U.S. President Donald Trump sent letters to governments around the world on Monday informing them of the tariff rates he would impose starting Aug. 1 — though Canada’s July 21 deadline to reach a deal appears to remain. Trump said…
Ruby Liu wants to drag young people from the internet to her retail stores
B.C. billionaire Ruby Liu has big plans as she moves to take over up to 28 former Hudson’s Bay retail locations across Canada, pledging to share the pie with skeptical landlords and aiming to bring youngsters back to stores. Liu…
People getting divorced are setting up gift registries. Don’t roll your eyes just yet
The Current23:29What’s a divorce registry and why are more people using them? When Stacey Slager’s marriage ended, a colleague suggested she start a divorce registry: a list of items that friends and family could get her as gifts, to help…
More and more influencers are offering financial advice on TikTok and YouTube. Should you take it?
Cost of Living5:14The rise of the ‘finfluencer’ If you’ve ever wondered how to navigate the stock market, build a budget or plan for retirement, your first stop might’ve once been a parent, a trusted friend or an advisor at the bank. But,…
Sask.’s mortgage delinquency rate is highest among provinces, but it’s getting worse in Ont. and B.C.
Tyler Fransen lost his Saskatoon home this spring after he missed mortgage payments due to financial circumstances and life situations that sent him over the tipping point. “I just felt a little defeated,” said Fransen, whose father recently died from cancer….
Government talking to metals giant Rio Tinto about cash flow help amid U.S. tariffs
Industry Minister Mélanie Joly says the federal government is talking to mining and metals giant Rio Tinto about helping the company with cash flow problems caused by the United States’ global steel and aluminum tariffs. During a visit to Saguenay,…
Ontario wine sales surge after U.S. products pulled
Sales of Ontario wine have increased by over 60 per cent since the LCBO pulled American products off its shelves earlier this year, signalling a shift in buying habits among consumers in the province, the retailer says. “Ontarians are increasingly…
$8.2B US merger of Viterra and Bunge now complete
The $8.2-billion US merger of Bunge and Viterra is now complete, forming one of the world’s largest agribusiness companies. The deal was confirmed in a news release issued by the Missouri-based Bunge on Wednesday. It comes nearly six months after the Canadian government approved the merger…
Canned foods giant Del Monte files for bankruptcy protection
Del Monte Foods, the 139-year-old company best known for its canned fruits and vegetables, is filing for bankruptcy protection as consumers increasingly bypass its products for healthier or cheaper options. Del Monte has secured $912.5 million US in debtor-in-possession financing…
Microsoft says it is cutting thousands of jobs in second round of layoffs in recent months
Microsoft says it is cutting thousands of jobs in its second round of mass layoffs in recent months. While the company didn’t specify the exact number of people who would be losing their jobs, it did say it was less than four per cent…
Judge authorizes Tim Hortons Roll Up to Win class action — but only for Quebec customers
A judge has authorized a class action lawsuit over emails Tim Hortons sent out in error to participants in its popular Roll Up to Win promotion — but only for Quebec residents. Montreal-based firm LPC Avocats claims some half-million customers…
Non-profit run by 23andMe co-founder gets court approval to buy the genetic testing company
Anne Wojcicki’s bid to buy 23andMe, the genetic testing company she co-founded nearly 20 years ago, has received the court green light. That means Wojcicki’s non-profit TTAM Research Institute will purchase “substantially all” of San Francisco-based 23andMe’s assets for $305…
Is Canada now free of internal trade barriers? Not yet, says expert
Federal and provincial leaders are working to dismantle internal trade barriers that push up the cost of goods and make it harder to do business within Canada. But anyone expecting all of them to be gone by tomorrow should read…
Lululemon sues Costco over sale of alleged knock-offs
Lululemon is accusing Costco of infringing on its intellectual property by selling knock-offs of some of its most popular products. A lawsuit filed in a California court recently alleges Costco sells “dupes” of Lululemon’s Scuba hoodies and sweatshirts, Define jackets and ABC…
Canada is getting a second shot at becoming a major LNG player
A decade after a promised boom in the liquified natural gas industry failed to materialize, Canada has arrived at the starting line, rekindling some aspirations of becoming a major LNG player. The long-awaited LNG Canada project is now up and…
Demand for ‘elbows up’ merchandise dips ahead of Canada Day, businesses say
When Rachael Coe decided to launch an “elbows up” merchandise line at her store in Yarmouth, N.S., in March, she said it was an immediate bestseller. Within a week, Coe said her Timeless Memories shop had already made 400 sales….
Canada’s stubby beer bottle finds new meaning in an age of American bluster
Forty years after its retirement as the industry standard bottle for beer in Canada, the stubby is being reinterpreted in an age marred by tariffs and American grievance — not as a cultural icon, but as a discreet way of protecting a national…
Hudson’s Bay landlords don’t want Ruby Liu to move in, but retailer still has a shot
A group of Hudson’s Bay’s landlords don’t want to transfer more than two dozen leases to B.C. billionaire Weihong (Ruby) Liu, but the department store still has a chance to get its way. The Bay, which filed for creditor protection in…
Trump wants Canada’s digital services tax gone before trade talks resume
U.S. President Donald Trump says he’s ending all trade discussions with Canada to hit back at Ottawa for slapping a tax on web giants — and he wants it removed before negotiations can begin again. Canada and the U.S. have been…
Canada’s GDP shrank in April, with hefty decline in manufacturing
Canada’s economy shrank by 0.1 per cent on a monthly basis in April, Statistics Canada said on Friday, with the data agency’s advance estimate for May showing a similar decline in activity. The manufacturing sector alone dipped 1.9 per cent — the…
Matcha is having a moment — and it’s putting pressure on Japan’s tea industry
It’s the latest beverage du jour — and for people needing their morning pick-me-up, matcha tea increasingly beats espresso as their caffeine fix of choice. “I worked on the bar a few weeks ago and I think past a certain point, you don’t just…
U.S. economy shrank in 1st quarter, falling short of expectations
The U.S. economy shrank at a 0.5 per cent annual pace from January through March as President Donald Trump’s trade wars disrupted business, the Commerce Department reported Thursday in an unexpected deterioration of earlier estimates. First-quarter growth was weighed down…
DHL Express Canada reaches tentative agreement with union
Delivery company DHL Express Canada has reached a tentative agreement with its union, paving the way for the company to resume operations. The deal comes after almost a year of negotiations. Details of the agreement will not be disclosed until after…
Montreal asking rents up nearly 71% since 2019, says StatsCan
The average asking price of rent in Montreal has shot up nearly 71 per cent since 2019, according to a rent report released by Statistics Canada on Wednesday. Between 2019 and the first quarter of 2025, asking rent for a…
It’s easier than ever to transfer money around the world. So why can it be a hassle for Canadians?
When Victoria resident Dick Newson tried to send €1,000 to a friend in France through a money transfer from his Scotiabank account, he didn’t expect it to be a hassle. “We were able to submit it and it said ‘Done,’…
Alberta’s oilsands to hit record production high in 2025
Another year, another record for Alberta’s oil industry. Oilsands production is on pace to reach an all-time high this year as production in northern Alberta is expected to grow by five per cent in 2025 compared to last year. The latest…
Hudson’s Bay receives approval for sale of 3 leases to B.C. mall owner Ruby Liu
The B.C. billionaire looking to turn Hudson’s Bay’s old digs into her own retail empire left court Monday with the beginnings of her venture in hand — and a looming fight that could curtail her full ambitions. Ontario Superior Court…
What is the Strait of Hormuz and what could happen to oil prices if Iran shuts it down?
It’s called the world’s most critical oil choke point — and Iran holds the power. Washington’s strikes on Iran stoked fears that Iran could retaliate by closing the Strait of Hormuz, a waterway between Iran and Oman through which around 20 per cent of…
Competition watchdog calls for relaxed foreign ownership rules in airline industry report
The Competition Bureau is calling for changes to improve the competitive landscape in Canada’s airline industry, including loosening rules that limit foreign ownership of Canadian airlines. In a 117-page market study published Thursday, the watchdog reiterated that Canada’s airline industry is highly…
Canada is facing a housing crisis. Could it take a page from Europe?
Slavica Salihbegovic’s family was growing. So she did what anyone living in Vienna would do: She asked the city for a bigger apartment. “At that time, I was pregnant with my first kid,” she said. “I lived in a two-room…
4.8M new homes need to be built over next 10 years to restore affordability, CMHC says
Canada Mortgage and Housing Corporation (CMHC) says up to 4.8 million new homes will need to be built over the next decade to restore affordability levels last seen in 2019, based on projected demand. The national housing agency released its latest…
Retail sales inched up in April from sales gains at car dealers, but likely dropped in May
Retail sales rose 0.3 per cent to $70.1 billion in April, helped by gains in sales at new and used car dealers, according to Statistics Canada. For April, six of nine sub-sectors were up, as sales at motor vehicle and parts…
WestJet cyberattack remains unresolved one week in, airline says operations unaffected
WestJet says a cyberattack that began last week remains unresolved, as questions linger about the nature and fallout of the breach. The country’s second-largest airline says it is working to assess whether sensitive data or customers’ personal information was compromised…
VIA Rail and Unifor reach tentative agreement, avoiding a strike
Via Rail has reached a tentative deal with the union representing 2,400 of its workers across the country, the Crown corporation said on Friday. The deal averts a walkout involving members of Unifor, who had voted for a strike mandate…
가압류 신청도 가능한가요?
가압류 신청도 전세 계약이 종료되었음에도 불구하고 임대인이 보증금을 반환하지 않거나 반환을 지연할 조짐이 보인다면 세입자는 경제적 불안을 느끼게 됩니다. 이런 상황에서 임대인이 보증금 반환 전에 자신의 재산을 처분하거나 숨길 가능성이 있다면 더욱 큰 문제로 번질 수 있습니다. 이럴 때 세입자들이…
As the U.S. trade war drags, calls grow for Canada to cautiously improve ties with China
As Prime Minister Mark Carney’s government works to reshape its economic policies amid an unpredictable administration south of the border, Canadian businesses that trade with China say Ottawa needs to find ways to expand exports there — and fast. While…
Canada Post says it has reached a deal with 2nd-largest union CPAA
Canada Post says it has reached a deal with the Canadian Postmasters and Assistants Association, the second-largest union representing its workers. The union represents 8,500 of the Crown corporation’s employees, most of whom are responsible for managing post offices in rural…
Wheat and corn crops in Canada’s Prairies, U.S. Midwest could see biggest losses due to climate change
Think food prices are high now? By the end of this century, climate change could significantly cut production of six staple food crops around the world — including wheat production in Canada, leading to higher prices, a new study finds. …
Lululemon cutting 150 corporate jobs as athleisure brand braces for tariff impact
Vancouver-based apparel company Lululemon Athletica Inc. is cutting about 150 corporate jobs as part of changes to its organizational structure, the retailer said Wednesday. The affected employees are part of its store support centres, a spokesperson for the company told CBC News…
Annual home sales down 4.3% in May, but activity up on monthly basis
The Canadian Real Estate Association says home sales in May fell 4.3 per cent compared with a year ago, but activity picked up when compared to the previous month. Home sales rose 3.6 per cent from April, marking the first…
That’s bananas! Why it might be harder or pricier to find some brands in grocery stores
Potential price hikes at the grocery store unrelated to tariffs or even inflation? In this economy? Yes, it’s bananas. No, literally: this story is about bananas. Fruit giant Chiquita is one of the top brands leading the global banana industry, and its bananas are…
Nintendo’s Switch 2 sets early sales records. Its future is less certain
Day 610:09Nintendo Switch 2 promises to be an improvement on the bestselling original console, but it’ll cost you At first glance, Nintendo’s new Switch 2 looks a lot like the last one — a handheld device that easily connects to…
Oil prices surge after Israel’s strike on Iran
Oil surged, stocks fell and investors sought safety in the U.S. dollar and government bonds Friday after Israel struck Iranian nuclear and military targets in an attack that raised the risk of war between the two countries and broader instability…
WestJet dealing with ‘cybersecurity incident’ impacting access to internal systems, app
WestJet is alerting its employees and the public about a “cybersecurity incident” involving the Calgary-based airline’s internal systems and app. In a news release on Friday, the airline said several people trying to access its services have faced “restricted access” as a result of…
Manufacturing sales fall 2.8 per cent in April, biggest monthly drop since 2023
Statistics Canada says manufacturing sales fell 2.8 per cent in April, the largest monthly drop since October 2023, as the tariff dispute with the United States hit the industry. The agency says manufacturing sales stand at their lowest level since…
How Canada emerged as the safest port in a storm of global trade
When the trade war began in February, Canada looked like it might have been one of the country’s hardest hit by U.S. tariffs. But in three months of head-spinning volatility, the on-again, off-again threats have expanded, Canada has negotiated sweeping…
Federal government to put latest Canada Post offer up for union vote
Federal Jobs Minister Patty Hajdu said Thursday she’s putting Canada Post’s latest offers to unionized postal workers up for a vote in the hope of breaking a long-standing impasse between the parties. She said in a social media post it’s…
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Are AI bots the future of job interviews?
Have you done an interview with an AI bot? While the technology is still in its early stages, some say it frees up humans from tedious tasks while others say there are concerns about HR job losses. CBC’s Ashley Fraser…
Renewable cleanup rules making Alberta less competitive for investment: report
A report says new cleanup rules for renewable energy sites are hurting the competitiveness of Alberta’s industry. Business Renewables Centre-Canada analyzed the reclamation security requirements for renewables in 27 jurisdictions and found Alberta’s are now the most costly. Under a…
Wealthsimple launches credit card, new line of credit to challenge big banks
Wealthsimple Inc. announced its first credit card and a line of credit Wednesday as it ramps up efforts to challenge the dominance of Canada’s big banks. The expansion also includes the additions of mobile cheque deposits, wire transfers and bank…
Gen Z is facing the worst youth unemployment rate in decades. Here is how it’s different
Graduation cap in hand, Sarah Chung is posing for photos in school regalia ahead of her convocation ceremony. The campus atmosphere is joyful, but what comes next is sobering: this honours student is graduating into one of the worst youth labour markets seen…
OPEC boss slams net-zero targets, promotes big future for oil in Calgary speech
The secretary-general of the Organization of Petroleum Exporting Countries says the world’s thirst for oil will continue for decades to come and investment in the sector is necessary to meet those needs. Haitham al-Ghais made his remarks in a speech…
‘Come hug it out’: Canadian tourism groups reassure U.S. visitors they’re welcome amid political tension
Late last year, Dan Davis of Cleveland, Ohio, began planning a motorcycle trip with friends this summer that includes several days in Ontario. But those plans became a little uncertain after U.S. President Donald Trump took office in January and imposed tariffs…
Competition Bureau sues food delivery company DoorDash, alleging misleading price promotions
The Competition Bureau said on Monday that it is suing the online food delivery company DoorDash and its Canadian subsidiary for allegedly misleading consumers by advertising its services at a lower price than what customers actually end up paying. “A…
Indigenous business leaders support push to build major projects — but want ‘terms that work for us’
Indigenous business leaders gathered outside Calgary this week for an energy industry conference say they’re not opposed to building major projects quickly — in fact, they’re all for it. But as Ontario and B.C. pass bills criticized by First Nations…
DHL Express workers on strike after company locks them out, adding to parcel sector turmoil
Unifor says DHL Express Canada locked out workers just after midnight Sunday as the two sides failed to reach a contract deal, injecting more labour turmoil into the country’s parcel delivery market. The union, which represents 2,100 truck drivers, couriers…
Customs brokers are cross-border trade gurus. With tariff whiplash, they’re facing ‘toxic uncertainty’
The Sunday Magazine23:13Customs brokers are cross-border trade gurus. With tariff whiplash, they’re facing ‘toxic uncertainty’ Dan Patrick De Los Santos’s workday looks very different then it did a few months ago before the Trump administration tariffs upended trade — and…
New AI tools promise real-time translation so you don’t have to. But is that a good thing?
The Sunday Magazine21:16Will we still need to learn foreign languages if AI can do the translating? There’s a suite of new and upcoming tools designed to make translation between languages easier and faster than ever before — some, with the…
Canada’s unemployment rate ticks up to 7% in May, highest in 9 years outside of pandemic
Canada’s unemployment rate rose to seven per cent in May, the highest it’s been in nine years outside of the pandemic, Statistics Canada said on Friday. In its latest Labour Force Survey, the data agency says the unemployment rate has risen to its…
B.C. government approves new LNG pipeline with terminus near Prince Rupert
The B.C. government has approved the continued construction of a new pipeline project that could supply natural gas to a proposed floating liquefied natural gas export terminal off B.C.’s North Coast. The Prince Rupert Gas Transmission project is a joint venture between…
Consumer group accuses Shein of manipulating shoppers with ‘dark patterns’
A consumer organization filed a complaint with the European Commission on Thursday against online fast-fashion retailer Shein over its use of “dark patterns,” which are tactics designed to make people buy more on its app and website. Pop-ups urging customers not…
Bank of Canada must get comfortable with the unknown as long as Trump is in charge
In two straight decisions, the Bank of Canada has said it was leaving its key overnight lending rate unchanged as it gains “more information on U.S. trade policy and its impacts.” The problem is that since Donald Trump reclaimed the…
As Bank of Canada holds rates, experts say a cut alone won’t stop an economic slowdown
The Bank of Canada held interest rates at 2.75 per cent on Wednesday, pointing to a mixed bag of unexpectedly strong data and the uncertainty of U.S. tariffs as reason for the hold — and some experts say, going forward,…
Doubled tariffs raise concerns Canadian steel could be shut out of U.S., but some companies say they’ll adjust
With U.S. President Donald Trump’s tariffs on steel and aluminum now doubled, Canadian steel businesses and industry leaders — already wounded by the initial tax — haved mixed reactions about the hike. Calling the impact of the initial 25 per cent tariffs “devastating,” after it…
Court OK’s Hudson’s Bay selling trademarks, like iconic stripes, to Canadian Tire
Hudson’s Bay Co. will live on in some fashion, and what form it takes will be solely up to Canadian Tire. On Tuesday, the beleaguered department store got court approval to sell its intellectual property, including its iconic multicoloured stripes…
Canada had big EV battery recycling plans, but without regulations it’s the ‘Wild West,’ expert warns
A few years ago, Li-Cycle was one of the biggest players in electric vehicle battery recycling in North America, providing a roadmap to a circular, sustainable economy for electric vehicles. But just last month, the Toronto-based company filed for bankruptcy protection…
Labour dispute drags on as Canada Post rejects union’s arbitration request
Canada Post has rejected a request from the union representing about 55,000 of its workers to send their ongoing labour dispute to binding arbitration. The Canadian Union of Postal Workers made the request in a statement on Saturday, saying it…
ETFs are outpacing mutual funds despite market volatility. Are rookie retail investors at risk?
Canadian investors are putting more of their money into exchange-traded funds (ETFs), according to recent data, even as the U.S.-led trade war rocks global stock markets, and some experts say rookie retail investors are at higher risk. Net sales of exchange-traded…
An AI bot might be asking the questions at your next job interview
When Wafa Shafiq realized her upcoming job interview would be conducted by an artificial intelligence bot, she thought: Why not? “I thought it’d be really cool. I wanted to try it,” said Shafiq. Alex, an AI bot powered by software…
Canada’s GDP grew by annualized rate of 2.2% in first quarter
Canada’s economy grew by 2.2 per cent on an annualized basis in the first quarter, Statistics Canada said on Friday, expanding at a rate faster than expected. The growth was primarily driven by exports as companies in the United States rushed…
Oil companies sued over heat dome ‘wrongful’ death
A U.S. woman is suing seven oil and gas companies, saying they contributed to an extraordinarily hot day that led to her mother’s fatal hyperthermia during a heat dome event that also killed more than 600 people in B.C. It’s one…
U.S. tourism operators offer exclusive deals for Canadians to try to convince them to return
It’s been a rough start to the golf season for Paul Dame, owner of Bluff Point Golf Resort in Plattsburgh, N.Y., about 100 kilometres south of Montreal. Over the past two months, he said, business for both golf and lodgings has plummeted…
Bell Canada to launch 6 AI data centres in B.C.
Telecom giant Bell Canada has announced plans to build six artificial intelligence data centres in B.C. Bell AI Fabric will create a “data centre supercluster” in the province beginning with a centre in Kamloops this June and another in Merritt by…
Hailey Bieber sells makeup brand Rhode to Elf Beauty in $1B deal
Rhode, Hailey Bieber’s makeup and skincare brand, is being snapped up by Elf Beauty for about $1 billion US, giving the budget cosmetic retailer access to a celebrity-endorsed product line that has become hugely popular among Gen Z and millennials….
The carbon removal Olympics are set to kick off in this Alberta industrial park
Just off the highway near Innisfail, Alta., a town about 120 kilometres north of Calgary, is a construction site immediately identified by a large tent boasting the words “Deep Sky” in a groovy, arcade-style font. The roughly two-hectare facility, still…
Hudson’s Bay to lay off more than 8,300 employees by June 1
Hudson’s Bay will lay off more than 8,300 employees — about 89 per cent of its workforce — by Sunday, according to documents published Monday evening, at which point the retailer will have closed all its stores and its liquidation sale will have run…
Trump drops tariff threat against EU after weekend call with bloc chief
A weekend telephone call between U.S. President Donald Trump and EU chief Ursula von der Leyen gave “new impetus” to trade talks, the EU said on Monday, after Trump dropped his threat to impose 50 per cent tariffs on imports from the…
Ontario judge approves $500M settlement in Loblaw bread-fixing case
Some Canadian shoppers may soon receive cash from a class-action lawsuit that accused Loblaw and its parent company George Weston of engaging in an industry-wide scheme to fix the price of bread. Ontario Superior Court Judge Ed Morgan approved a…
How the peaceful world of puzzles has been upended by the global trade war
Day 68:10How the peaceful hobby of doing jigsaw puzzles has been upended by Trump’s tariffs Puzzle people are used to putting pieces in their place. But the chaos of the Canada-U.S. trade war is flipping the industry over, leaving business…
Canada Post to meet with union Sunday amid national overtime ban by mail workers
Canada Post was set to meet with negotiators from its union Sunday amid warnings of mail delivery delays tied to a national ban on overtime for postal workers. Sunday’s meeting will be the first of the weekend, a spokesperson for…
Bell says services fully restored after widespread outage hit Ontario, Quebec
After users in Ontario and Quebec reported a widespread outage of Bell Canada’s services this morning, the company said an update triggered the interruption and that it had since fully restored its system. “Bell conducted an update that impacted some of our routers. We rolled…
3-year deal reached in labour dispute between LifeLabs and 1,200 striking workers
British Columbia’s main outpatient lab services provider and the union representing about 1,200 striking workers have reached a deal through binding recommendations from a mediator, ending roughly 10 weeks of strike action. LifeLabs and the BC General Employees’ Union both…
Trump threatens EU with 50% tariff, Apple and other smartphone makers with 25%
U.S. President Donald Trump cranked up his trade threats on Friday, recommending 50 per cent tariffs on the European Union and a 25 per cent tariff to be imposed on Apple and other smartphone makers. Trump made the comments about the EU and Apple…
‘Energy is Canada’s power’: New federal energy minister touts past Alberta oilpatch ties
The new federal energy minister delivered a boisterous speech in support of the country’s energy sector on Friday morning, while highlighting his past involvement in the sector and the urgent need to build a variety of new energy projects. Tim…
Duolingo’s CEO says AI will soon replace teachers. But… should it?
Will AI soon teach a generation of kids to read, do long division, and that cooties aren’t real, but germs are, so to stop wiping boogers under their desks? Luis von Ahn, founder and CEO of language-learning app Duolingo, seems to think so….
Stellantis postpones Canadian-made 2026 Dodge Charger R/T model amid tariffs
Auto maker Stellantis has confirmed that it is postponing production of its 2026 Dodge Charger Daytona R/T as it continues “to assess the effects of U.S. tariff policies.” But the company says the decision will have no impact on jobs…
Canada Pension Plan Investments drops net-zero target after initially aiming for 2050
Canada Pension Plan Investments has dropped a net-zero by 2050 target for carbon emissions, according to an annual report released on Wednesday, following several Canadian financial institutions that have backtracked on climate commitments. CPP Investments noted that there have been recent legal developments…
Postal worker union floats 2-week pause on potential strike after Canada Post makes offer
The Canadian Union of Postal Workers (CUPW) has proposed a two-week pause on a potential strike that was set to begin Friday as it reviews the latest offer from Canada Post, according to negotiator Jim Gallant. CBC News has reached out…
Female-dominated fields more vulnerable to artificial intelligence, says UN report
Jobs traditionally done by women are more vulnerable to the impact of artificial intelligence than those done by men, especially in high-income countries, a report by the United Nations’ International Labour Organization showed on Tuesday. It found 9.6 per cent of…
클라우드웨이즈는 리셀러 프로그램이 있나요?
클라우드웨이즈는 리셀러 클라우드 호스팅 서비스를 찾는 사용자들 사이에서 클라우드웨이즈는 뛰어난 성능과 편리한 관리 기능으로 많은 사랑을 받고 있습니다. 이런 인기와 더불어 “클라우드웨이즈는 리셀러 프로그램이 있나요?”라는 질문이 종종 나오는데, 이는 클라우드웨이즈를 통해 호스팅 서비스를 재판매하거나 비즈니스를 확장하고자 하는 사람들에게 중요한 관심사입니다….
TotalEnergies signs supply deal with proposed Ksi Lisims LNG project on B.C. coast
TotalEnergies has signed a deal to buy two million tons per year of liquefied natural gas for 20 years from the proposed Ksi Lisims LNG project on the north coast of B.C. The proposed project is a liquefied natural gas…
Canada Post receives strike notice; workers plan Friday walkout
Canada Post says it has received a strike notice from the union representing some 55,000 postal workers, with operations poised to shut down by the end of the week — for the second time in six months. The union informed management that…
대학 스포츠중계도 제공되나요?
대학 스포츠중계도 대학 스포츠중계도 제공되나요? 많은 사람들이 프로 스포츠뿐만 아니라 대학 스포츠 경기도 중계되는지 궁금해합니다. 실제로 대학 스포츠중계는 점점 더 활성화되고 있으며, 많은 방송사와 온라인 플랫폼에서 대학 경기 중계를 제공하고 있습니다. 이는 대학 스포츠가 단순한 학생들의 운동 경기를 넘어 지역사회와…
Bankrupt DNA testing company 23andMe to be bought by Regeneron
Regeneron Pharmaceuticals said on Monday it will buy genetic testing firm 23andMe Holding for $256 million USD through a bankruptcy auction, and promised to prioritize the ethical use of customers’ DNA data. Through the deal, Regeneron says it aims to bolster its capabilities in genomics-driven…
테무 쿠폰코드 몇 자 이상인가요?
테무 쿠폰코드 몇 자 테무 쿠폰코드 몇 자 이상인가요? 이 질문은 테무 쿠폰코드를 처음 접하는 사람들에게 자주 들리는 궁금증 중 하나입니다. 쿠폰코드는 할인이나 특별 혜택을 받기 위해 필요한 중요한 정보로, 정확한 문자 수와 형식을 알아야 올바르게 사용할 수 있습니다. 테무…
The Liberals aren’t tabling a budget. How does that affect the economy — and your wallet?
The recently re-elected Liberal government isn’t planning to release a budget this year, opting instead for an economic statement later this fall. But experts warn that not providing a fiscal snapshot could erode economic confidence and delay the government’s agenda….
Strathcona Resources makes stock-and-cash takeover offer for MEG Energy
Strathcona Resources Ltd. is making an unsolicited takeover offer for oilsands producer MEG Energy Corp. that values the company at about $5.9 billion. The stock-and-cash offer comes after Strathcona, which already owns about a 9.2 per cent stake in MEG,…
China emerging as top customer for Canadian oil shipped via Trans Mountain Pipeline
China has emerged as the top customer for Canadian oil shipped on the expanded Trans Mountain Pipeline, ship tracking data shows, as a U.S. trade war has shifted crude flows in the year since the pipeline started operating. China’s new…
MEC back under Canadian ownership after 5 years of U.S. management
Retailer Mountain Equipment Company (MEC), the B.C-based brand specializing in outdoor equipment, is back under Canadian ownership. The retailer had been sold in 2020 to U.S.-based Kingswood Capital Management after facing financial difficulties, which led to its dissolution as a…
Big streamers argue at CRTC hearing they shouldn’t have Canadian content obligations
A group representing major foreign streaming companies told a hearing held by Canada’s broadcasting regulator on Friday that those companies shouldn’t be expected to fulfil the same responsibilities as traditional broadcasters when it comes to Canadian content. The Motion Picture…
청주출장마사지 받을 때 알레르기 주의사항은?
청주출장마사지 받을 때 청주출장마사지 받을 때 알레르기 주의사항은? 마사지 서비스는 몸의 피로를 풀고 혈액순환을 촉진하는 데 매우 효과적이지만, 알레르기 체질을 가진 사람들은 마사지 받을 때 주의가 필요합니다. 특히 청주출장마사지는 고객의 집이나 숙소 등에서 진행되기 때문에 마사지에 사용되는 오일이나 로션, 그리고…
Small businesses gear up for another possible Canada Post strike
Small businesses and shipping firms are preparing for a possible Canada Post strike as early as next week, a disruption they warn could strain supply chains and freeze millions of packages as well as billions of dollars in sales. While…
How do AI agents handle market volatility on a DEX for AI agents?
AI agents handle market volatility on a DEX for AI agents In the realm of decentralized finance and autonomous systems, the emergence of a DEX for AI agents marks a new era of interaction where intelligent agents can participate in…
Canadian Tire to take over Hudson’s Bay’s iconic stripes, logos
Shoppers who stocked up on Hudson’s Bay blankets or other goods adorned with the iconic retailer’s stripes, hoping they’d become collector’s items, may be in for disappointment. On Thursday, Canadian Tire announced it will pay $30 million to take over Hudson’s Bay’s…
Tariffs hitting shoppers in Canada and U.S., with some prices set to rise at Loblaw stores, Walmart
A trip to the store is about to become more expensive for shoppers on both sides of the 49th parallel, as pre-tariff inventory runs out at Loblaw stores and Walmart is set to raise prices in the U.S. Loblaw Cos….
Union representing Air Canada’s flight attendants files for conciliation as talks stall
The union representing Air Canada flight attendants says it has filed for conciliation with the federal labour minister after reaching an impasse in contract negotiations with the airline. The Air Canada component of CUPE, which represents 10,000 Air Canada and…
Ontario, Manitoba agree to boost interprovincial trade, facing U.S. tariff crunch
As the threat of U.S. tariffs ratchets up pressure on the Canadian economy, the governments of Ontario and Manitoba have agreed to ease barriers on the flow of goods, services and workers between the two provinces. Ontario Premier Doug Ford…
U.S. car prices, consumer demand surge in April after tariffs hit
U.S. new-vehicle prices surged in April, data released on Monday showed, a sign that the effects of President Donald Trump’s auto-tariff measures are rippling through the car market. The average price consumers paid, after discounts and promotions, rose 2.5 per cent…
Honda to postpone plans for EV plant in Canada for at least 2 years
Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery plant and retooled vehicle assembly facility. Honda said it would put on hold for approximately two years a plan announced with great fanfare by…
U.S. and China agree to slash most tariffs for 90 days
U.S. and Chinese officials said Monday they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war for more talks on resolving their trade disputes. Stock markets rose sharply…
Canadian-resident return trips from the U.S. drop again for April, StatsCan data shows
Travel by Canadians coming back from trips to the U.S. dropped sharply in April, according to preliminary data released Monday by Statistics Canada. Return trips by Canadians coming back from the U.S. by air dropped by 19.9 per cent, and return…
Canada’s unemployment rate ticked up to 6.9% in April, matching pre-pandemic high
Canada’s unemployment rate ticked up to 6.9 per cent in April, Statistics Canada said on Friday, matching the highest rate seen in eight years outside of the pandemic. The economy added a very slight 7,400 jobs during the month. Most of the…
These Canadian millionaires are asking for tax increases — but just for themselves
A group of wealthy Canadians calling themselves “Patriotic Millionaires” is banding together to lobby governments to increase the amount of taxes they must pay, with a campaign patterned after similar movements in the United States and United Kingdom. But there…
Can machine-grown lettuce help cut Canada’s reliance on U.S. greens? This farmer is betting on it
As Canada’s reliance on U.S. produce hits the spotlight, one Ontario farmer has a pitch: locally grown, year-round produce, grown by artificial intelligence and automation. In a sprawling two-hectare greenhouse, partially tucked inside a wooden red barn in King City, Ont., an animated…
Car insurance is getting pricier. 5 ways to try lowering your premium
Jenna Kardal was floored by the jaw-dropping initial quote she received when seeking out car insurance — a shock after having driven for years under her parents’ plan and since her car was bought used, already about a decade old. “I…
Enbridge CEO ‘completely enthused’ by conversation around energy in Canada, U.S.
The chief executive of pipeline builder Enbridge Inc. says he’s encouraged by how governments in both Canada and the United States are recognizing the need to build oil and gas projects more quickly. “I’m completely enthused about it,” Greg Ebel…
Enbridge reports $2.3-billion first-quarter profit up from $1.4 billion last year
Enbridge Inc. reported a first-quarter profit of $2.3 billion, up from $1.4 billion in the same quarter last year. The pipeline company says the profit amounted to $1.04 per share for the quarter ended March 31, compared with a profit…
U.S. trade war risks Canadian progress on financial stability, says Bank of Canada
The financial picture for Canadian households and businesses was showing signs of increased health until the United States started a trade war, the Bank of Canada said on Thursday. The central bank says in its latest Financial Stability Report that…
Is CUSMA the best path out of the trade war with the U.S.?
Business leaders were hopeful the White House meeting between Prime Minister Mark Carney and U.S. President Donald Trump would provide a framework for how trade talks may progress. After the two leaders spoke in the Oval Office, an unlikely winner…
WeightWatchers files for bankruptcy after weight-loss drugs capsized industry
WW International, formerly known as WeightWatchers, has filed for Chapter 11 bankruptcy protection on Tuesday in a bid to cut its debt after hugely popular obesity drugs upended its business model. Shares of the company, which once boasted media mogul…
China beefs up economic safeguards ahead of U.S. trade talks in Switzerland
China has announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump’s trade war, as the two sides prepare for talks later this week. Beijing’s central bank governor and other top financial officials outlined plans…
GameStop Canada to be rebranded EB Games after acquisition by Quebec toymaker
GameStop Canada says it has been acquired by French-Canadian entrepreneur Stephan Tetrault from the video game retailer’s struggling parent company. Officially named Electronics Boutique Canada Inc., GameStop Canada says it will relaunch its 185 stores as EB Games Canada —…
Canada’s trade deficit narrows to $506M in March, driven by slump in U.S. imports
Canada’s trade deficit narrowed to $506 million in March, beating expectations as imports fell at a faster rate than the drop in exports, data showed on Tuesday. Imports of goods dropped 1.5 per cent in March, driven by a 2.9 per…
Competition Bureau takes Canada’s Wonderland to court over alleged ‘deceptive marketing practices’
The Competition Bureau says it is taking Canada’s Wonderland to court because it alleges the company that runs the amusement and water park north of Toronto engages in “deceptive marketing practices.” In a news release on Monday, the bureau accuses Canada’s Wonderland…
U.S. company Sunoco signs deal to buy Parkland in $9.1 billion US agreement
U.S. energy company Sunoco LP has signed an agreement to buy Parkland Corp. in a cash-and-stock deal valued at $9.1 billion US, including assumed debt. The deal comes as Calgary-based Parkland faces an attempt by Simpson Oil Ltd., its largest…
GM to lay off 750 workers at Oshawa plant, citing U.S. tariffs: union president
General Motors is laying off about 750 workers at its Oshawa Assembly plant as it makes changes to shifts due to U.S. tariffs, the president of the union representing workers said on Friday. The plant, which employs roughly 3,000 people,…
Startups aim to bring EV charging to apartment and condo dwellers
In 2015, Carter Li decided he wanted an electric car. He was living in a condo in downtown Toronto, and figured he could negotiate with the condo building to get an EV charger installed in his parking stall if he…
Warren Buffet announces intention to retire from Berkshire at the end of the year
Warren Buffett said on Saturday he will step down as chief executive of Berkshire Hathaway at the end of the year, and hand over the reins to vice-chair Greg Abel. “I think the time has arrived where Greg should become the…
One year after the Trans Mountain Pipeline expansion, why isn’t it full?
The Canadian oilpatch has a brand-new pipeline, something it’s pleaded for year after year, and it offers a relatively quick route to the West Coast and overseas markets. But a year in, the newly expanded Trans Mountain Pipeline still isn’t…
Canada Post workers could strike again soon. Here’s why
After striking workers took to picket lines and a “couple million” packages piled up just before Christmas last year, Canada Post is back at the negotiation table with the union representing its employees this week. The Canadian Union of Postal…
Aritzia plans to move some of its production away from China amid tariff threats
Aritzia Inc. says it is shifting some of its supply chain away from China, which has been hammered with triple-digit tariffs from the United States. The Vancouver-based apparel company said Thursday that the Asian country is one of the top…
CUSMA-compliant auto parts won’t be hit with tariffs
U.S. Customs and Border Protection guidance released on Thursday says automobile parts compliant with the Canada-U.S.-Mexico Agreement (CUSMA) on trade will not be hit with U.S. President Donald Trump’s tariffs. It’s the latest sign of relief for the deeply integrated North…
Tesla board chair denies reports company was looking to replace Elon Musk
Tesla chair Robyn Denholm on Thursday denied a Wall Street Journal report that said board members had reached out to executive search firms to find a replacement for CEO Elon Musk. The Journal had reported on Wednesday that about a month ago,…
68,000 job losses possible in Ontario this year due to U.S. trade war: report
U.S. tariffs and Canada’s response could result in 68,100 fewer jobs in Ontario this year, a new report estimates. This figure may increase to 119,200 jobs in 2026 and 137,900 jobs in 2029, according to the report by the Financial…
China draws up list of U.S.-made goods exempt from 125% tariffs, sources say
China has created a list of U.S.-made products that would be exempted from its 125 per cent tariffs and is quietly notifying companies about the policy, two people familiar with the matter said, as Beijing seeks to ease the impact of its trade…
Peace Bridge duty-free shop goes into receivership as cross-border travel plummets
A judge is ordering the duty-free shop at Canada’s second-busiest border crossing into receivership as it struggles to pay off millions of dollars in debt and overdue rent. In a ruling earlier this month, the Ontario Superior Court of Justice…
Trump will sign an executive order on auto industry tariffs today, White House says
U.S. President Donald Trump will sign an executive order on auto tariffs on Tuesday, White House Press Secretary Karoline Leavitt said at a news briefing. Treasury Secretary Scott Bessent declined to give any further details but said the coming measures would help “substantially”…
Are there all-inclusive packages at a Las vegas wedding chapels?
all-inclusive packages at a Las vegas wedding chapels Las Vegas is a destination known for its extravagant weddings and vibrant celebrations, and for many couples, a wedding in this iconic city is a dream come true. One of the main…
How can we rebuild the Canadian economy? Business leaders say there are 4 priorities
Whoever wins Monday’s election will have an enormous task of rebuilding the Canadian economy after years of stagnation — and in the face of an escalating trade war with the United States. They’ll have their work cut out for them….
Dow delays plans for $8.9B net-zero project in Alberta’s Industrial Heartland
The planned construction of a multi-billion dollar, net-zero petrochemical project near Edmonton will be delayed as chemical firm Dow Inc. looks to conserve cash amid unfavourable market conditions, the company said Thursday. Dow’s Path2Zero facility — to be built in Fort Saskatchewan…
Tariff fears are driving a boost in auto sales in Detroit
With a licence plate and set of keys in hand, Jerry Chen gets into the new Toyota Highlander his family decided to purchase before U.S. President Donald Trump’s auto tariffs kicked into gear. Chen and his wife, who have two children,…
U.S. booze boycott becomes a much-needed boon for B.C. wineries
Canada’s united boycott of U.S. booze could result in a banner year for British Columbia’s wine industry, while also delivering a financial blow to vineyards south of the border. The Buy Canadian movement is expected to boost demand for B.C….
Flaunting fur might be back, thanks in part to vintage buyers and sustainable shoppers
For Mina Ely, fur has never been out of style. With her family’s Russian Jewish heritage, furs were the norm for both esthetic and practical reasons during cold Toronto winters. “I would always remember when they would go out, or…
Pipelines have become an election issue. What exactly is Ottawa’s role to play?
Through a fluke of timing, the federal election coincides almost perfectly with the one-year anniversary of the government-owned Trans Mountain Pipeline expansion coming online — at a time when public sentiment around pipelines is relatively positive. The two campaign front-runners are…
Liquidation begins at remaining Hudson’s Bay stores, including Toronto flagship
When the flagship Hudson’s Bay store in Toronto opened Friday morning, customers burst through the doors on a mission to find one thing: deals. Some jogged through the 675,700-square-foot store on Yonge Street in hopes of getting first pick of…
China exempts some U.S. imports from 125% tariff rate
China has exempted some U.S. imports from its 125 per cent tariffs and is asking firms to identify critical goods they need levy-free, according to businesses that have been notified. The move, which follows de-escalatory statements from Washington, signals that the world’s two largest economies…
Trump says he might lower tariffs on China. Unless the number comes way down, experts say it won’t matter
The White House has indicated that it could lower its tariffs on China, but experts say the exact figures might not make much of a difference. Right now, the U.S. has 145 per cent blanket tariffs on Chinese goods, while China…
A ‘madman’ penalty: Are Trump’s actions eroding U.S. economic power?
Stocks? Down. The U.S. dollar? Same. Demand for U.S. bonds? Also sinking. This isn’t supposed to happen — not all three at once. But Barry Eichengreen sees a historic reaction where there’s really one common theme: a collapse in faith…
Air Canada ordered to pay passengers $10M in damages after class action over ticket prices
The Quebec Court of Appeal is ordering Air Canada to pay passengers more than $10 million in damages in a class-action lawsuit that alleged they were charged higher amounts than the ticket price advertised. In a ruling Tuesday, Justice Judith…
Montreal-based retailer Frank and Oak to close all stores, sell intellectual property
Clothing retailer Frank and Oak is closing all 14 of its stores in the coming weeks and selling its intellectual property to a Montreal-based company as part of ongoing restructuring efforts. In a press release, the company says the Superior…
Hudson’s Bay workers denied commission pay during liquidation sales
Hudson’s Bay Co. has stopped paying commission to hundreds of cosmeticians and fragrance advisers during liquidation sales, effectively reducing their salaries. These workers, also known as beauty advisers, earn commission on products sold, on top of their base salary. Hudson’s Bay…
Did TikTok tell you to buy luxury goods straight from China? Experts say proceed with caution
Think you’ve found a great deal on TikTok to buy Lululemon or Louis Vuitton directly from the factory? Experts say you might want to think again about how real the claims in that video are. In recent days, social media users…
Stock markets tumble as investors pull back from American assets
Wall Street weakened Monday as investors worldwide became more skeptical about American investments, something many economists suggest is due to U.S. President Donald Trump’s trade war and his ongoing criticism of the Federal Reserve. The S&P 500 sank 2.4 per cent in…
Ontario to remove barriers to internal trade, labour mobility, in response to U.S. tariffs
Ontario’s government tabled new legislation Wednesday to reduce internal trade barriers, and Premier Doug Ford signed related agreements with two provinces, both in efforts to make the economy more resilient against the effects of American tariffs. At an announcement Wednesday, Ford told reporters that trade barriers…
Fast fashion e-commerce sites Temu and Shein say they’re raising prices because of tariffs
China-founded e-commerce sites Temu and Shein say they plan to raise prices for U.S. customers starting next week, a ripple effect from President Donald Trump’s attempts to correct the trade imbalance between the world’s two largest economies by imposing a…
Tariffs threaten cross-border family business where Canadians collect their U.S. packages
Tariffs are spelling uncertainty for a family business that allows Canadians to use its U.S. shipping address to receive packages from the States. Halfway House Freight Forwarding is an aptly named parcel pick-up spot that sits halfway between the official Canada-U.S….
Google has illegal monopoly in online ad tech, U.S. judge rules
Google has been branded a monopolist by a federal judge for the second time in less than a year, this time for illegally exploiting some of its online advertising technology to boost profits, fuelling an internet empire currently worth $1.8 trillion…
Canadian airlines revamp offerings as travellers ditch U.S. vacations
A steep decline in Canadian travel to the U.S. has dealt a blow to airlines that usually cash in on popular Florida beach vacations and family trips to Disneyland. That’s left airlines scrambling to adjust their summer schedules, trim U.S….
Hudson’s Bay looks to auction off royal charter that launched company 355 years ago
Hudson’s Bay has asked a court to allow it to put the royal charter that launched the company 355 years ago on the auction block, along with its trove of art and historical artifacts. The collapsing department store chain known…
‘No options’ on tariffs without more time, says company importing from U.S.
A program announced this week to help some Canadian businesses faced with expensive counter-tariffs might not be enough to entirely spare some manufacturing firms from damage, say observers. And one such company in rural Manitoba is already feeling the bite. Since the trade…
Tax documents missing? A new CRA process is still posing issues as filing deadline approaches
Though the deadline to file tax returns is less than two weeks away, tax slips for many Canadian taxpayers are still not showing up through the Canada Revenue Agency’s (CRA) online platforms. Each year, employers and financial institutions have to…
The U.S.-China trade war is escalating. But China may have more leverage than the U.S. thought
As the trade war between the U.S. and China escalates, the biggest questions are which side has more leverage and which is willing to tolerate more pain. China exported more than $400 billion US to the United States last year,…
California the 1st state to sue Trump administration over tariffs
California Gov. Gavin Newsom said Wednesday that his state will file a lawsuit challenging U.S. President Donald Trump’s authority to impose sweeping tariffs that have set off a global trade war. The suit will argue that Trump’s use of the…
Trump turmoil forcing Ottawa retiree back to work
Donna Gow ought to be enjoying retirement, but the 68-year-old Ottawa resident is instead considering a return to work. That’s because the recent stock market volatility brought about by U.S. President Donald Trump’s tariff threats have hit her investment portfolio hard. It fluctuates, but…
Ottawa announces help for businesses hurt by U.S. tariffs
Federal Finance Minister François-Philippe Champagne has announced help for Canadian businesses affected by the trade dispute with the U.S., giving them time to adjust their supply chains. The minister says the government intends to provide temporary six-month tariff relief for…
Inflation in Canada cooled slightly to 2.3% in March
Canadians got a break on inflation in March even without a tax holiday, as Statistics Canada says the pace of priceincreases slowed last month. The agency says the annual inflation rate was 2.3 per cent in the month, down from…
Trump says he’s considering ‘help’ for auto companies hit by tariffs
President Donald Trump on Monday suggested that he might temporarily exempt some auto manufacturers from tariffs he previously imposed on the sector, to give carmakers time to adjust their supply chains. “I’m looking at something to help some of the car…
‘Asleep at the wheel’: Michigan city braces for impact of Trump’s tariffs
Just north of downtown Flint, Mich., a two-storey red brick building known as Factory One sits as just one reminder of the rich history here of the American automobile industry. The factory, the birthplace of General Motors, still stands as…
Duty-free shops struggle to make ends meet as Canadians steer clear of U.S.
As It Happens5:26Duty-free shop owner says business is suffering as Canadians avoid the U.S. If business doesn’t pick up soon at his duty-shop, Éric Lapointe says he’s going to have to lay people off. “I’ve had three customers today so…
Are you paying more than before to buy Canadian? Experts say it’s complicated
In late January, then-prime minister Justin Trudeau and the country’s premiers urged people to “choose Canada” by purchasing Canadian products amid the growing threat of U.S. tariffs. “There are many ways for you to do your part,” Trudeau said on…
Trump administration to exclude smartphones and computers from latest tariffs
The Trump administration late Friday said it would exclude electronics like smartphones and laptops from “reciprocal” tariffs, a move that could help keep the prices down for popular consumer electronics that aren’t usually made in the U.S. The move would also benefit…
Will the U.S.-China tariff war drive up online shopping prices for Canadians?
Clicking “add to cart” may soon come with some additional sticker shock. As tariff pressures force some sellers in China to increase their prices for U.S. markets, some retail experts say Canadians shopping online could potentially feel the ripple effects on…
Democrats pen letter asking SEC to investigate Trump, allies for alleged market manipulation
A group of Democratic lawmakers is calling on the Securities and Exchange Commission (SEC) to investigate “potential violations” of federal securities laws by U.S. President Donald Trump or members of his inner circle. In a letter released on Friday, they…
China hits back at Trump’s tariff hike with 125% duties on U.S. goods
Beijing on Friday increased its tariffs on U.S. imports to 125 per cent, hitting back against U.S. President Donald Trump’s decision to hike duties on Chinese goods to 145 per cent, raising the stakes in a trade war that threatens…
Frank And Oak to close 9 stores across Ontario, Quebec and B.C.
Apparel retailer Frank And Oak says it is closing nine stores across Quebec, Ontario and British Columbia by May 7. Court documents show the Montreal-based company has 150 employees, but when asked about how many will lose their job as…
Canadian travel to the U.S. has plummeted. One reason why: fear
When political science professor Arash Abizadeh heard last month about foreign travellers being detained at the U.S. border, he cancelled plans to speak at an upcoming academic conference in Durham, N.C. He believes heightened scrutiny at the U.S. border makes travel to…
Owner of three shopping malls in B.C. says she wants to buy Hudson’s Bay
A Chinese billionaire in British Columbia has taken to social media to announce her plans to buy dozens of Hudson’s Bay locations after she saw “Canadians feeling sad” over the collapse of the retail giant. Entrepreneur Weihong Liu is the board chairwoman of Central Walk, a retail investment company that owns three shopping centres in B.C. Liu has shared a series of videos on the Chinese…
Trade war escalates as China raises its retaliatory tariff on the U.S. to 84%, effective April 10
China has raised tariffs to 84 per cent on goods coming from the U.S., effective April 10. Last week, China said it would levy 34 per cent tariffs on all U.S. goods. On Wednesday, Trump’s tariffs of 104 per cent went into effect…
As tariffs roil the markets, here’s why some sectors are faring worse than others
Stock markets sank for the third day Monday after U.S. President Donald Trump announced sweeping global tariffs last week, and no one is coming out unscathed — but some sectors are seeing more volatility than others. All three major U.S. indexes touched their…
Markets calmer to begin trading day, but U.S.-China threats loom large
World markets won a reprieve on Tuesday after three days of heavy selling that wiped trillions of dollars off the value of shares, as China vowed to “fight to the end” against additional U.S. tariffs imposed on Beijing. But less…
Trade uncertainty taking a toll on business and consumer confidence: Bank of Canada reports
A pair of reports from the Bank of Canada pointed to declining business and consumer sentiment in the first quarter as the uncertainty over U.S. tariffs took their toll. The central bank’s business outlook survey said Monday that 32 per…
Trump calls his tariffs economic ‘medicine’ after trillions wiped out from U.S. stock market
U.S. President Donald Trump on Sunday said foreign governments would have to pay “a lot of money” to lift sweeping tariffs that he characterized as “medicine,” as financial markets indicated another week of steep losses could be in store. Speaking…
Canada lost 33,000 jobs in March as unemployment rate rose slightly to 6.7%
The Canadian economy shed 33,000 jobs in March according to Statistics Canada — the biggest loss since January 2022. The agency said the unemployment rate also ticked slightly higher, rising to 6.7 per cent in March from 6.6 per cent in…
Markets plunge worldwide for a second day straight following China’s tariff retaliation
Wall Street’s worst crisis since COVID slammed into a higher, scarier gear Friday. The S&P 500 lost six per cent after China matched U.S. President Donald Trump’s big raise in tariffs announced earlier this week. The move increased the stakes in a…
As U.S. tariffs roil markets, Canadian businesses build on European ties at world trade fair
In a sprawling exhibition centre in Hanover, Germany, thousands of businesses, including 250 from Canada, are taking part in one of the world’s largest trade fairs focused on industrial technology and innovation. Rows of booths and flashy displays are meant…
Why Canada is on the cusp of a housing construction crisis
Housing is about to get a lot more expensive in the next decade if the federal government does not revamp its immigration program bringing in skilled workers, according to the construction industry. “We’re really struggling with getting the right type…
Deadline for TikTok sale extended by 75 days, as Trump vows to work with China
U.S. President Donald Trump extended a deadline by 75 days for Chinese technology company ByteDance to sell U.S. assets of popular short video app TikTok to a non-Chinese buyer or face a ban that was supposed to have taken effect in January under a…
Digging into the ‘insane’ formula the White House used to calculate its tariffs
U.S. President Donald Trump stood in the Rose Garden of the White House on Wednesday brandishing a giant chart listing countries slapped with new “reciprocal” tariffs, which start at 10 per cent and grow steeper for countries with larger trade deficits…
Suffering from a case of tariff whiplash? Here’s what you need to know
The Trump administration announced a new suite of trade measures on dozens of countries Wednesday. And if the new rules have your head swimming, you’re not alone. In short, Canada was spared the worst of it, but the current measures…
U.S. dollar slides, Wall Street losses expected as global markets react to tariffs
President Donald Trump’s new tariffs sent shockwaves through markets on Thursday, with the U.S. dollar and American stocks among the hardest hit on fears a broadening trade war will spur recession in a fragile world economy. Trump said he would impose…
수원가라오케에서 그룹으로 가면 좋은 점은 무엇인가요?
수원가라오케에서 그룹으로 수원가라오케에서 그룹으로 방문하면 여러 가지 장점이 있습니다. 가라오케는 혼자서도 즐길 수 있지만, 친구, 동료, 가족과 함께할 때 더욱 흥미로운 경험이 될 수 있습니다. 특히 그룹으로 방문하면 다양한 요소에서 더욱 풍성한 즐거움을 느낄 수 있으며, 가라오케의 분위기를 한층 더…
Stocks rise before closing ahead of Trump’s tariff announcement in shaky trading day
U.S. stocks whipped through another dizzying day on Wednesday in the final hours before U.S. President Donald Trump unveiled the tariffs promised as part of his “Liberation Day,” which could drastically alter the global economy. The S&P 500 rose 0.7 per…
U.S. tariffs on the auto sector would substantially raise the sticker price of cars, experts say
If looming 25 per cent tariffs on the auto industry go ahead on April 3 as previously announced by the U.S. government, experts say they’ll have a huge impact on the price of cars for Canadians. U.S. President Donald Trump’s…
호텔스닷컴 쿠폰을 사용하면 얼마나 더 절약할 수 있나요?
호텔스닷컴 쿠폰을 사용하면 여행을 계획할 때, 숙박비는 많은 예산을 차지하는 중요한 항목 중 하나입니다. 이때 호텔스닷컴 쿠폰을 사용하면 여행 경비를 절약할 수 있는 좋은 방법이 됩니다. 많은 사람들이 호텔 예약을 할 때 할인 혜택을 활용하려고 하는데, 호텔스닷컴 쿠폰을 통해 얼마나…
Trump administration lists Quebec language law Bill 96 as trade barrier
The Office of the U.S. Trade Representative released its annual list of global trade barriers Tuesday, and it includes Quebec’s controversial language law Bill 96 as a trade irritant between the two countries. The nearly 400-page National Trade Estimate Report lists…
The consumer carbon tax is gone as of today. What will that mean for your wallet?
It’s official — the consumer carbon tax is over, starting today. Mark Carney cancelled the fee on his first day as prime minister last month, signing a directive for the fuel charge to be removed on April 1. The levy had been…
바이낸스 레퍼럴은 이벤트와 중복 적용되나요?
바이낸스 레퍼럴은 바이낸스 레퍼럴은 많은 사용자들이 거래 수수료 할인과 추가적인 보상을 받기 위해 활용하는 프로그램입니다. 바이낸스에 신규 가입할 때 레퍼럴 코드를 입력하면 일정 비율의 거래 수수료 할인을 받을 수 있으며, 초대한 사용자도 보상을 받을 수 있습니다. 하지만 바이낸스에서 진행하는 다양한…