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Trump tariff tensions lift dollar and gold despite market slide

Trump tariff tensions lift dollar and gold despite market slide

Equity markets slid on Friday as President Trump intensified trade and tariff tensions with Canada. He also hinted at measures targeting Europe, driving investors to seek refuge in gold. Investors were unsettled when Trump sent a letter late...

Blueberry industry adds $9.1 billion to U.S. economy

Blueberry industry adds $9.1 billion to U.S. economy

Blueberry growers and importers are generating a significant economic impact in the United States, contributing nearly $9.1 billion annually, equivalent to almost $25 million per day, according to new reports from the U.S. Highbush Blueberry...

Air Canada extends long-term MRO contracts with Lufthansa Technik

Air Canada extends long-term MRO contracts with Lufthansa Technik

Lufthansa Technik and Air Canada have renewed and extended a series of exclusive maintenance agreements covering engine and component support for key aircraft in the Canadian flag carrier’s fleet. The early contract extensions strengthen a...

In a tough job market for new grads, the real winners stand out

In a tough job market for new grads, the real winners stand out

Dan Richards is a serial founder and former public company CEO, and an award-winning member of the marketing faculty at the Rotman School of Management, where he oversees the credit course associated with MBA student internships. In today’s...

35th ACTA Travel Industry Golf Tournament celebrates Wendy Paradis’ tenure

35th ACTA Travel Industry Golf Tournament celebrates Wendy Paradis’ tenure

There was just as much action off the course as on the links yesterday for the 35th annual ACTA Travel Industry Golf Tournament at the Royal Ontario Golf Club as supplier sponsors set up stands offering cocktails, refreshing cold towels, ice cream...

Canada: Gunshots fired at Kapil Sharma’s Cafe in Surrey; Khalistani terrorist Harjit Singh Laddi claims responsibility

In a shocking incident, at least nine shots have been fired at comedian Kapil Sharma’s cafe in Surrey, British Columbia Canada, just days after it was inaugurated. Khalistani terrorist Harjit Singh Laddi has taken responsibility for the shooting,...

Canada Goose's private equity backer is said to weigh stake sale

Canada Goose's private equity backer is said to weigh stake sale

Canada Goose Holdings Inc.’s controlling shareholder Bain Capital is considering a sale of its stake in the luxury parka-maker, according to people familiar with the matter.Article content Bain is working with advisers as it considers selling part...

Trump threatens 35% tariff on Canadian imports, escalating trade tensions

Trump threatens 35% tariff on Canadian imports, escalating trade tensions

Canada and the United States brace for a new wave of trade tensions after President Donald Trump threatened a 35% tariff on all Canadian imports. The move, set to take effect Aug. 1, could revive longstanding disputes between the two allies and...

Canadian travel to the U.S. plummets — but Americans are staying home, too

Canadian travel to the U.S. plummets — but Americans are staying home, too

It's not just Canadians who are holding back on cross-border travel amid a U.S. trade war that has soured bilateral relations. The number of Americans coming to Canada is also dropping off. New data published by Statistics Canada Thursday shows a...

Trump Says He’ll Hike Existing Canada Tariffs, Slams Dairy Market Access

Trump Says He’ll Hike Existing Canada Tariffs, Slams Dairy Market Access

President Donald Trump said Thursday evening that Canada will face higher duties for some products beginning next month due to the Canadian government’s decision to retaliate against U.S. duties applied earlier this year. He also took the...

Stocks drop after Trump announces 35% tariff on Canada

Stocks drop after Trump announces 35% tariff on Canada

New York (CNN) — US stocks mostly fell on Friday after President Donald Trump threatened a 35% tariff on Canada — a sharp escalation in an ongoing trade war. The Dow was lower by 226 points, or 0.5%. The broader S&P 500 fell 0.28% and the...

ORBA explains how Ontario’s policy impacts businesses

ORBA explains how Ontario’s policy impacts businesses

On March 4, 2025, the Ontario government introduced a procurement restriction policy targeting U.S. businesses. This policy is a direct response to new U.S. tariffs on Canadian goods and services and aims to put economic pressure on the U.S....

US plans 35% tariffs on Canada imports

US plans 35% tariffs on Canada imports

The U.S. will levy a 35% tariff on imports from Canada, effective Aug. 1, according to a letter President Donald Trump posted on Truth Social Thursday evening. The letter, addressed to Canada Prime Minister Mark Carney, is the latest in a series...

AP Business SummaryBrief at 9:59 a.m. EDT

Trump plans to hike tariffs on Canadian goods to 35% WASHINGTON (AP) — Canadian Prime Minister Mark Carney says Canada will keep working toward a new trade framework with the United States despite U.S. President Donald Trump saying he'll raise...

Canadian home affordability sees biggest improvement in 3 years

Canadian home affordability sees biggest improvement in 3 years

That is compared with the long-term average of about 42 per cent. The report further noted that while all regions and housing segments have seen improvements, the condominium market has experienced the greatest reduction. In cities like Toronto,...

Global markets slip as investors digest tariff moves

Global markets slip as investors digest tariff moves

Stock markets tracked U.S. stock futures lower early on Friday after Wall Street notched fresh record highs in the previous session. Late Thursday, U.S. President Trump said he would put a 35% tariff on imports from Canada effective Aug. 1, hard...

Trump’s 35% tariff threat on Canada will likely exempt USMCA goods, U.S. official says

Trump’s 35% tariff threat on Canada will likely exempt USMCA goods, U.S. official says

Open this photo in gallery:U.S. President Donald Trump speaks to reporters at the White House on Saturday.Jonathan Ernst/Reuters Donald Trump’s threatened 35-per-cent tariffs on Canadian goods starting Aug. 1 would most likely only apply to goods...

Commentary: Cheap drugs from Canada can’t make America healthy

Commentary: Cheap drugs from Canada can’t make America healthy

The U.S. Food and Drug Administration just announced plans to help states and Indian tribes purchase certain prescription drugs from Canada, where brand-name medicines tend to be cheaper because the government caps their price. The new guidance is...

Trump threatens Canada with higher tariff, mulls further global levies

Trump threatens Canada with higher tariff, mulls further global levies

(FILES) Canadian Prime Minister Mark Carney (L) greets US President Donald Trump during an arrival ceremony at the Group of Seven (G7) Summit at the Pomeroy Kananaskis Mountain Lodge in Kananaskis, Alberta, Canada on June 16, 2025. (Photo by...

Jamie Dimon says Trump was ‘right to chicken out’ on tariffs, but that markets are getting too complacent 

Jamie Dimon says Trump was ‘right to chicken out’ on tariffs, but that markets are getting too complacent 

Despite markets embracing the so-called “TACO Trade”—Trump Always Chickens Out—JPMorgan CEO Jamie Dimon cautioned that investors may be underestimating the risks of relying on past tariff U-turns. UBS’s Paul Donovan reinforced this concern in a...

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