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 ...
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 ...
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 ...
Bank of Canada cuts interest rate by quarter point, citing trade turmoil
The Bank of Canada cut its key interest rate by 25 basis points to 2.75 per cent today in its seventh consecutive cut. Bookmark our website and support our journalism: Don’t miss the business news you ...
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 ...
Terence Corcoran: A new energy model is here — ‘carbonizing’
But that’s just a flutter of the commentary swirling around the CERAWeek conference that describes the crumbling foundations ...
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 ...
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.
Tariff war challenges Canadian pension funds to maintain their momentum
Pension funds that were buoyed by soaring stock markets and growing economies that helped produce double-digit returns last year are now being challenged by the escalating trade war between the United ...
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 ...
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 ...
Trump’s 25% tariffs on Canadian steel, aluminum come into force
WASHINGTON — The latest move in U.S. President Donald Trump ‘s plan to realign global trade came into force Wednesday as all countries, including Canada, were hit with 25 per cent tariffs on steel and ...