Canadian dollar looks through Bank of Canada rate cut and tariff mayhem — for now
The Canadian dollar rose after the Bank of Canada announced its seventh consecutive rate cut as investors appeared to look through the latest moves by policymakers. On Wednesday, the Canadian dollar ...
Canada calls for unity, push back on U.S. tariffs as G7 ministers gather in Quebec
Foreign Affairs Minister Melanie Joly is welcoming her counterparts from some of the world’s most powerful countries to Quebec this week, as Ottawa works to maintain unity between Washington and its ...
Workers are clocking out earlier but being more productive
The average American workday now concludes at 4:39 p.m., a notable 42 minutes earlier than it did just two years ago when the clock-out time hovered around 5:21 p.m, according to the latest data from ...
Mayor calls for tariff exemption for Campobello residents
Campobello Mayor Harvey Matthews is now calling on the federal government to exempt his residents from the 25 per cent ...
Trump tariffs could destroy U.S. demand for aluminum: Industry group
MONTREAL — A representative of Canada’s aluminum industry says the Trump administration’s 25 per cent tariffs could destroy demand for the metal in the American market.
Status of Northvolt’s Quebec battery plant unclear amid parent company’s bankruptcy
MONTREAL — It’s unclear whether Northvolt North America’s electric vehicle battery plant project in Quebec will proceed after its parent company filed for bankruptcy in Sweden on Wednesday.
Walmart faces heat from Beijing after price cut demands
The move marks Beijing’s efforts to show strength as President Donald Trump targets China with consecutive rounds of trade tariffs. Bloomberg reported last week that Walmart asked some suppliers for ...
Bank of Canada cut a 'Band-Aid': Economists say interest rates have further to fall
“While the data has leaned against a cut, economic uncertainty prevailed at this meeting,” Bryan Yu, chief economist at ...
Bears outnumber bulls as Trump shakes up markets
Greg Taylor, chief investment officer of Purpose Investments Inc., says United States President Donald Trump does care about the stock market, he’s just getting the bad news out first. “He’s going to ...
Could trade war, interest rate cut help millennials and gen Z enter housing market?
The Canada Mortgage and Housing Corporation (CMHC) also forecasted in February that lower mortgage rates and last year’s mortgage reforms could activate the housing market, with the caveat that higher ...
Even Musk fans dash for the sidelines as Tesla in freefall
Even after the retreat of the Trump wave, Tesla is still trading at a significantly higher multiple than other mega-cap peers. The shares were trading at 75 times forward earnings as of Monday’s close ...
Carney and Ford discuss trade ahead of premier’s visit to Washington
Prime-minister designate Mark Carney met with Ontario Premier Doug Ford this morning, ahead of the provincial leader’s trip to Washington, D.C., to discuss tariffs and free trade with a top United ...