Bank of Montreal BMO-T -5.71%decrease on Tuesday warned it would need to continue to set aside money for loans that are unlikely to be repaid, after the Canadian lender reported lower-than-expected profit for […]
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Canada imposes a 100% tariff on imports of Chinese-made electric vehicles, matching the U.S.
Canada’s government on Monday announced it is imposing a 100% tariff on imports of Chinese-made electric vehicles that matches U.S. tariffs and follows similar plans announced by the European Commission.The announcement followed […]
Calendar: Aug 26 – Aug 30
Monday August 26U.K. markets closedGermany business sentiment(8:30 a.m. ET) U.S. durable and core orders for July. The Street is projecting month-over-month increases of 4.2 per cent and 0.1 per cent, […]
Union issues new strike threats as railways await word on arbitration
Canada’s unionized railway workers on Friday urged the federal labour tribunal to back their right to strike, adding more risk that Canadian Pacific Kansas City Ltd. and Canadian National Railway […]
Canada moves to end rail shutdown quickly; CN workers to return to work Friday
Workers at Canadian National Railway will begin returning to work on Friday, the Teamsters union said, hours after the Canadian government moved to end an unprecedented rail stoppage.The union said the work […]
Railways say lockouts ending after federal government orders binding arbitration
The federal government has moved to end the railway stoppage, sending the labour dispute to the Canada Industrial Relations Board for final arbitration, but it’s still not clear how soon service […]
Air Canada pilots overwhelmingly vote to approve strike mandate
Air Canada AC-T -0.90%decrease pilots say they have voted overwhelmingly to approve a strike mandate, putting them in a position to walk off the job as early as Sept. 17.The Air Line Pilots […]
Canadian National and Canadian Pacific Kansas City lockout workers after talks fail, sparks economic damage fears
Canada’s top two railroads locked out more than 9,000 unionized workers, triggering an unprecedented rail stoppage that could cause billions of dollars worth of economic damage and roil North American […]
AUG 22: Oil prices steady as U.S. crude draw limits downside
Oil prices were steady on Thursday, after falling for four straight days as investors worried about the global demand outlook, but a decline in U.S. fuel inventories provided a floor.Brent […]