Skip to content

National Business

Weak loonie signals economy is 'in trouble': currency expert

Weak loonie signals economy is 'in trouble': currency expert

TORONTO — Even as Canada gained an 11th-hour reprieve from U.S. plans to impose punishing tariffs on its goods, the loonie had earlier in the day dipped to its lowest levels in more than 20 years as the threat of a trade war weighed on the currency.
Read more >
Loonie falls, S&P/TSX composite closes down nearly 300 points on tariff threat

Loonie falls, S&P/TSX composite closes down nearly 300 points on tariff threat

TORONTO — Canada's main stock index closed down nearly 300 points while the loonie fell to its lowest level in more than two decades on the impending threat of tariffs that wasn't lifted until after market close. Markets in both Canada and the U.S.
Read more >
Wide range of labels make identifying Canadian products 'extremely tricky'

Wide range of labels make identifying Canadian products 'extremely tricky'

TORONTO — Determining how Canadian a product is can be so much of a minefield, experts say anyone attempting to support homegrown options will need to do their research and prepare to make tough choices.
Read more >
Wall Street falls following Trump's tariffs, but not as badly as feared in the morning

Wall Street falls following Trump's tariffs, but not as badly as feared in the morning

NEW YORK (AP) — The threat of a punishing trade war sent Wall Street on a roller coaster Monday. After initially falling sharply on worries about President Donald Trump’s tariffs , U.S.
Read more >
From made in Canada to product of Canada: How to make sense of Canadian labels

From made in Canada to product of Canada: How to make sense of Canadian labels

TORONTO — Shoppers have been caught up in the buy Canadian fervour since U.S. President Donald Trump signed an executive order Sunday applying 25 per cent tariffs on all Canadian goods starting Tuesday. While the U.S.
Read more >
'There will be no winners.' Atlantic Canada braces for impact of U.S. tariffs

'There will be no winners.' Atlantic Canada braces for impact of U.S. tariffs

ST. JOHN'S, N.L. — Talk of a trade war between Canada and the United States raised alarm throughout the Atlantic provinces on Monday as leaders calculated the economic toll of hefty tariffs threatened by U.S. President Donald Trump.
Read more >
A running list of Ontario election promises in campaign for snap Feb. 27 vote

A running list of Ontario election promises in campaign for snap Feb. 27 vote

TORONTO — A running list of election promises announced by the Ontario Progressive Conservatives, NDP, Liberals and Greens in the province's snap election campaign. The vote is set for Feb. 27. Progressive Conservatives Feb.
Read more >
Investors are betting Musk and Tesla will make a fortune under Trump even as threats mount

Investors are betting Musk and Tesla will make a fortune under Trump even as threats mount

NEW YORK (AP) — For Elon Musk fans, it’s the half a trillion-dollar bet.
Read more >
Calgary home sales down 12% in January but still above seasonal average: board

Calgary home sales down 12% in January but still above seasonal average: board

CALGARY — The Calgary Real Estate Board says January home sales dropped 12 per cent from last year but remained nearly 30 per cent higher than levels typically recorded for the month.
Read more >
Salvage crews remove large portion of commercial jet from river after deadly air collision near DC

Salvage crews remove large portion of commercial jet from river after deadly air collision near DC

ARLINGTON, Va. (AP) — Salvage crews have removed a large portion of a commercial jet from the Potomac River near Washington’s Reagan National Airport on Monday, five days after a midair collision last week that killed 67 people.
Read more >