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Aritzia’s profits more than double in first quarter on strength of seasonal offerings
Canadian fashion retailer Aritzia Inc. ATZ-T +7.43%increase reported a year-over-year doubling of its profits in the first quarter, and it boosted its sales forecasts for this year, as the brand’s styles continue to prove popular with shoppers. “It…
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Canada adds 18,000 jobs in June, unemployment rate edges down
A better start to the youth summer jobs market helped the economy record steady employment gains in June, Statistics Canada said Friday. Employers added 18,000 jobs last month, the agency said, mostly in part-time and…
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Canadian dollar gains as oil jumps and traders raise bets on BoC rate hike this year
The commodity-linked Canadian dollar strengthened against its U.S. counterpart on Wednesday as oil prices jumped and investors raised bets on a Bank of Canada interest rate hike this year. The loonie was trading 0.2% higher…
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Meta to spend $13-billion to build AI data centre in Alberta
Meta Platforms Inc. META-Q -2.11%decreaseplans to spend more than $13-billion to build a massive artificial intelligence data centre in Sturgeon County, Alta., north of Edmonton, marking the technology company’s first such facility in Canada. Meta described the…
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Toyota to invest $3.6B in plant expansion, will shift Tacoma production from Mexico to Texas
Toyota is investing $3.6 billion to expand its San Antonio, Texas, assembly plant, a move expected to create about 2,000 new jobs and bring Toyota Tacoma pickup production from Mexico to the Lone Star State. The…
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Trump says Iran ceasefire is ‘over,’ U.S. will ‘hit them hard tonight’
https://www.cnbc.com/2026/07/08/trump-says-iran-ceasefire-is-over-after-latest-round-of-strikes.html
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U.S. trade deficit widens sharply in May as capital goods imports hit record high
The U.S. trade deficit widened sharply in May as an artificial intelligence investment boom helped to drive imports of capital goods to a record high, suggesting that trade remained a drag on gross domestic product…
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Canada’s trade surplus hit four-year high in May as Mideast war buoyed commodity prices
Canada’s trade surplus hit a four-year high in May as the conflict in the Middle East buoyed oil and other global commodity prices and aluminum exporters found new markets. Merchandise exports rose 0.9 per cent,…