Latest News
Canada’s inflation rate slows sharply to 1.7% in April as consumer carbon price ends
The end of the consumer carbon price at the start of April drove inflation down sharply, Statistics Canada said Tuesday, but there were signs of pressure building at the grocery […] This post is only…
Canada Post receives strike notice from union, workers plan to walk out Friday
Canada Post says it has received strike notices from the union representing 55,000 postal workers. The Crown corporation says the notices state that employees plan to hit the picket line starting […] This post is only…
Consumer sentiment slides to second lowest on record as inflation expectations jump after tariffs
The index of consumer sentiment dropped to 50.8, down from 52.2 in April and hitting its second-lowest reading on record. The majority of the survey was completed before the U.S. […] This post is only…
Honda postpones its Canada EV plans, sees full-year profit down 59% as U.S. tariffs bite
Japan’s Honda Motor HMC-N forecast a 59-per-cent profit decrease in the current financial year and said it would put on hold a plan to build an EV supply chain in […] This post is only…
Nova Scotia waters down plans to attract workers, showing limits of its ambitions to ease trade barriers
The Nova Scotia government made waves earlier this year when it introduced legislation that would remove red tape on out-of-province goods and make it easier for Canadians from other jurisdictions […] This post is only…
Shopify shares ahead of debut on Nasdaq 100
Shopify’s (SHOP-T +14.92%increase) stock surged more than 13 per cent in Monday morning trading after the Nasdaq stock exchange announced the e-commerce company would join its 100 Index on May 19.The […] This post is only…
U.S., China agree to pause most tariffs after trade talk
The United States and China announced Monday they were massively rolling back tariffs on each other’s goods for 90 days, after trade talks in Geneva over the weekend.The United States […] This post is only…
Calendar: May 12 – May 16
Monday May 12China releases inflation data for April2 pm ET: U.S. budget balance for AprilEarnings include: Constellation Software Inc.; Denison Mines Corp.; Dentalcorp Holdings Ltd.; Exchange Income Corp.; Finning International Inc.; […] This post is only…
Suncor breaks production records amid economic uncertainty, cold snap
Oil sands producer Suncor Energy Inc. has reported quarterly production and refining records, despite Alberta’s February deep freeze and an uncertain global economic environment.Production for the Calgary-based oil giant hit […] This post is only…