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Business News

Trump says 25 per cent tariff on Canada could go into effect Feb. 1

Financial Post TopStories - Mon, 2025-01-20 15:08
Business groups view reprieve as temporary and vow not to be complacent
Categories: Business News

Canadian dollar gets 'temporary reprieve' as Trump holds off on tariff threat

Financial Post TopStories - Mon, 2025-01-20 14:30
Loonie was up 1.25% to 69.86 cents U.S. on Monday
Categories: Business News

Canada's economy to continue to lag U.S., says EDC

Financial Post TopStories - Mon, 2025-01-20 14:13
Watch: 'Consumers in Canada, contrasted with south of the border, are saddled with extremely elevated levels of indebtedness,' says Stuart Bergman
Categories: Business News

No Trump tariffs for now, but Canadian businesses are preparing anyway

CBC Business News - Mon, 2025-01-20 13:34

Canada might be spared from Donald Trump's tariffs for now after media reports confirmed the president wouldn't impose a 25 per cent tax on imported goods during his first day in office. But Canadian business leaders and owners are prepared anyway.

Categories: Business News

How Donald Trump's tariff war could hit Canadians' wallets

Financial Post TopStories - Mon, 2025-01-20 13:12
Low- to middle-income shoppers could be hardest hit, experts say
Categories: Business News

Carlo Dade: Canada still woefully unprepared for a trade war with the U.S.

Financial Post TopStories - Mon, 2025-01-20 10:50
Canadian foreign policy establishment remains wedded to an outdated vision of the U.S. relationship
Categories: Business News

Trumps launch their own cryptocurrencies ahead of inauguration, setting off ethical alarms

CBC Business News - Mon, 2025-01-20 07:51

Melania Trump launched her own cryptocurrency Sunday on the eve of her husband's presidential inauguration, and just a day after his own coin was launched. The moves are raising ethical concerns among crypto industry observers.

Categories: Business News

Trump more hostile to Canada than any other president: Frum

Financial Post TopStories - Mon, 2025-01-20 07:26
Frum: 'Within the Western Hemisphere, there's a settled plan of aggression'
Categories: Business News

Posthaste: Who would hurt the most if Donald Trump unleashes tariff tsunami

Financial Post TopStories - Mon, 2025-01-20 05:57
Canadian mining and manufacturing in the firing line, say Desjardins
Categories: Business News

Aritzia, Canadian Tire, Lululemon among Canadian retailers shifting production outside China

CBC Business News - Mon, 2025-01-20 01:00

While recent headlines have focused on returning U.S. president Donald Trump’s threatened tariffs against Canadian products, retailers in this country have also been considering the possible impact of the additional tariffs he’s threatened on goods coming from China.

Categories: Business News

Cutting off oil is Canada's nuclear option. What would it mean if it happens?

CBC Business News - Sun, 2025-01-19 01:00

Tariffs on crude oil — or witholding it entirely — in response to Trump's threats would cause pain on both sides of the border.

Categories: Business News

TikTok tells users app service is 'back in the U.S.' after brief shutdown over ban

CBC Business News - Sat, 2025-01-18 23:37

TikTok said on Sunday it was restoring its service in the United States after president-elect Donald Trump said he would revive the app's access when he returns to power on Monday.

Categories: Business News

4 of Canada's biggest banks leave Mark Carney-led climate initiative

CBC Business News - Sat, 2025-01-18 08:28

Four of Canada's biggest banks have left the UN-backed Net-Zero Banking Alliance, an initiative led by former Bank of Canada governor and now contender for Liberal leader Mark Carney that aims to accelerate climate action among financial institutions.

Categories: Business News

How might Trump tariffs impact Washington state border towns?

CBC Business News - Sat, 2025-01-18 05:00

With president-elect Donald Trump taking office next week and Canada the focus of his rhetoric and tariff threats, Washington state border communities are watching with a range of concerns.

Categories: Business News

Bracing for impact: 5 things to watch with Trump's upcoming tariffs

CBC Business News - Sat, 2025-01-18 01:00

Countries around the world are bracing for an economic bruising starting Monday. And few have more at stake than Canada, as Trump threatens imminent trade actions. Here are the laws he might apply, and possible outcomes.

Categories: Business News

FTC raises antitrust concerns about Microsoft-OpenAI partnership

Financial Post TopStories - Fri, 2025-01-17 13:15
The agency took issue with the fact that some of the cloud giants’ investments in AI benefited their own businesses
Categories: Business News

U.S. Federal Reserve withdraws from global climate coalition

Financial Post TopStories - Fri, 2025-01-17 12:24
"There is no way to read this as anything other than responding to short-term political considerations"
Categories: Business News

SpaceX Starship explosion triggers FAA investigation

Financial Post TopStories - Fri, 2025-01-17 11:42
After the upper portion of the Starship system broke apart a few minutes after liftoff on Thursday
Categories: Business News

Hershey Canada sending Cherry Blossom to the chocolate graveyard

CBC Business News - Fri, 2025-01-17 11:26

Some are grieving; some will dance on its grave. Hershey Canada says it's discontinuing Cherry Blossom, the novelty candy that consists of a syrupy maraschino cherry encased in milk chocolate.

Categories: Business News

How TikTok grew from an app for teens into a potential national security threat

Financial Post TopStories - Fri, 2025-01-17 10:57
The U.S. Supreme Court on Friday unanimously upheld a federal law banning TikTok beginning Jan. 19 unless it's sold
Categories: Business News
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