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Chinese tariffs on canola products leave Canadian farmers caught between two trade fights
Just when canola farmer Roger Chevraux thought things were bad enough, they got worse.Since U.S. President Donald Trump’s inauguration in January, canola farmers and processors have faced the threat of 25-per-cent tariffs on […] This post is only…
Canadian dollar weakens ahead of expected interest rate cut
The Canadian dollar CADUSD +0.05%increase weakened against its U.S. counterpart on Monday as investors bet that the Bank of Canada would continue its easing campaign this week to support an economy threatened by […] This post is only…
S&P considers allowing companies to be included in both Canadian and U.S. stock indexes
The provider of Canada’s major stock indexes is considering a significant change that would allow some companies to appear in multiple countries’ indexes, paving the way for companies such as […] This post is only…
OPINION: Why CIBC (TSX:CM) Stock Fell Despite Beating Revenue Estimates
The Big Six banks all performed well during the last few weeks’ earnings reports. And Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) was one of them. However, despite beating analyst estimates, the stock continues […] This post is only…
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 […] This post is only…
Economic Calendar: Mar 10 – Mar 14
Monday March 10China CPI, PPI, aggregate yuan financing and new yuan loansJapan real cash earnings and bank lendingGermany industrial production and trade surplusEarnings include: Alaris Royalty Corp.; Franco-Nevada Corp.—Tuesday March […] This post is only…
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 […] This post is only…
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 […] This post is only…
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. […] This post is only…