Latest News
-
Production chaos from U.S. tariffs already hurting Canadian companies, auto parts makers warn
A lead representative of Canada’s automotive parts sector is warning that U.S. President Donald Trump’s latest tariff plans would decimate vehicle production on both sides of the border, causing business […] This post is only…
-
U.S. consumer spending rebounds in February; core inflation firmer
U.S. consumer spending rebounded in February, likely lifted by higher prices, which could amplify fears that the economy was facing a period of tepid growth and high inflation amid an […] This post is only…
-
Canada’s GDP expanded by 0.4% in January as tariff impact looms
Canada’s gross domestic product grew by 0.4 per cent on a monthly basis in January as economic activity continued the momentum of the last few of months, data showed on […] This post is only…
-
Gold rises as fears mount over Trump’s reciprocal tariff plans
Gold prices rose on Thursday as U.S. auto tariffs ratcheted up global trade tensions ahead of an April 2 deadline for reciprocal tariffs from the world’s largest economy. Spot gold rose […] This post is only…
-
Trump threatens ‘far larger’ tariffs if EU and Canada unite to do ‘economic harm’ to the U.S.
U.S. President Donald Trump has threatened to impose “far larger” tariffs on the European Union and Canada if they work together to combat trade tariffs. “If the European Union works […] This post is only…
-
Trump announces 25% tariffs on vehicles imported to U.S., including from Canada
U.S. President Donald Trump says he will enact his long-awaited tariffs on imported vehicles on April 2, defying industry experts who warn that the move will drive up costs for […] This post is only…
-
Canadian dollar steadies ahead of expected U.S. auto tariffs
The Canadian dollar CADUSD -0.20%decrease pulled back from an earlier one-month high against its U.S. counterpart on Wednesday as investors braced for expected U.S. auto tariffs and weighed minutes from the Bank of […] This post is only…
-
Ski-Doo maker BRP reports quarterly loss, beats estimates, suspends financial forecasts for year
Canadian powersports vehicle maker BRP Inc. DOO-T +7.31%increase has swung to a loss for its latest quarter and suspended financial forecasts for the coming year, the latest company to pull its projections in […] This post is only…
-
Canadian Market Modestly Higher; Materials, Energy Stocks Move Up
March 25 After a bright start, the Canadian market retreated a bit, but remains in positive territory about an hour past noon on Tuesday, thanks to gains in materials, healthcare, […] This post is only…