Latest News
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China hits Canada with new tariffs on agricultural, food products in response to EV levy
Piling pressure onto a Canadian economy already suffering disruption due to new U.S. tariffs and threats of an all-out trade war, China on Saturday imposed new levies against $3.7-billion worth of Canadian agricultural and food…
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Economic Calendar: Mar 10 – Mar 14
Monday March 10 China CPI, PPI, aggregate yuan financing and new yuan loans Japan real cash earnings and bank lending Germany industrial production and trade surplus Earnings include: Alaris Royalty Corp.; Franco-Nevada Corp. — Tuesday…
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Canadian Tire to spend $2 billion restructuring company and close 17 Atmosphere stores
TORONTO — Canadian Tire Corp. Ltd. is rolling out a new strategy that will see it invest $2 billion over four years to restructure the company for growth but will also mean the closure of some…
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MDA Space reports fourth-quarter profit and revenue up from year ago
MDA Space Ltd. MDA-T +10.97%increase reported its fourth-quarter profit rose compared with a year ago as its revenue also climbed higher, helped by strong contributions from its satellite systems business. The company says it earned $25.1-million or 20…
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Shares of Algonquin Power & Utilities fall as company reports US$186.4-million fourth-quarter loss
Algonquin Power & Utilities Corp. AQN-T -6.30%decrease reported a loss in its fourth quarter compared with a profit a year ago as its revenue edged lower. The company, which keeps its books in U.S. dollars, says it saw…
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Canada’s unemployment rate unchanged at 6.6% in February, economy adds few jobs
Canada’s unemployment rate held steady at 6.6 per cent in February while new job additions were only marginally up, data showed on Friday, reflecting the early potential impact of uncertainty over U.S. tariffs on corporate…
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Canada’s trade surplus in January at 32-month high as firms stockpile on tariff threat
Canada’s trade surplus in January exceeded expectations by a wide margin to post a 32-month record as fears of tariffs from the U.S. pushed exports of cars and energy products higher, especially south of its…
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USA: Here’s where the jobs are for February 2025 – in one chart
Here’s where the jobs are for February 2025 – in one chart
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Trump waives 25-per-cent tariffs on Canada, Mexico until April 2
U.S. President Donald Trump on Thursday exempted goods from both Canada and Mexico under a North American trade pact for a month from the 25% tariffs that he had imposed earlier this week, the latest…