Canada Financial News
28.02 / 12:17
28.02 / 11:55
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Trump to go ahead with Mexico and Canada tariffs from 4 March
In a post on his Truth Social platform today (27 February), Trump said the proposed tariffs will go into effect as scheduled, as he continued accusing the two countries of allowing drugs to flow across their borders and into the US. «A large percentage of these drugs, much of them in the form of fentanyl, are made in, and supplied by, China,» the president said. Trump signals 25% tariffs on EU coming 'very soon' As a result, he added that China will also be handed an additional 10% tariff taking effect on the same day. This comes on top of the 10% levy imposed on Beijing this mo...
28.02 / 08:15
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Stock market crash: TCS, 9 other Nifty stocks hit 52-week lows as global jitters, domestic headwinds deepen sell-off
Tata Consultancy Services (TCS), State Bank of India (SBI), and Tata Motors among the ten Nifty 50 stocks hitting fresh 52-week lows as a broad-based sell-off rattled investors. A sharp decline in IT and financial stocks, coupled with renewed global trade war concerns and sustained foreign investor outflows, dragged the benchmark indices down by over 1%. The Nifty 50 tumbled 1.2% to 22,271.40, while the BSE Sensex sank over 1,000 points, or 1.34%, to 73,602 in early trade.
28.02 / 06:23
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Bitcoin drops below $85,000 on US trade policy concerns; Ethereum, XRP fall up to 7%
US President Donald Trump added uncertainty to looming tariffs on Canada and Mexico by suggesting they could take effect on April 2, extending the deadline by a month. However, a White House official later clarified that the previous March 2 deadline remained in place «as of this moment,» adding to market volatility.
28.02 / 04:25
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Star appeal fading: Can Indian markets retain their investment edge?
Subscribe to enjoy similar stories. A perfect storm of domestic and global challenges is battering India's financial markets. The rupee’s freefall, dismal corporate earnings, spiking bond yields, and a relentless foreign portfolio investors (FPI) exodus have struck India harder than its Asian counterparts.
28.02 / 03:51
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Canada watchdog probing X's use of personal data in AI models' training
Canada's privacy watchdog has opened an investigation into X, the social media platform owned by billionaire tech mogul Elon Musk, on whether its use of Canadians' personal data to train artificial intelligence (AI) models broke privacy rules.
28.02 / 02:49
28.02 / 00:03
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Stocks to trade today: Raja Venkatraman picks three stocks for 28 February
Subscribe to enjoy similar stories. On 27 February, global cues dictated the trends in the market. Indian equity indices, the Sensex and Nifty, concluded the trading day with minimal changes, as their movements were relatively flat throughout the day.
27.02 / 20:05
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WWE Elimination Chamber 2025: The Rock, John Cena and Logan Paul to feature — check time, date and match preview
WWE Elimination Chamber 2025 is set to thrill viewers this weekend. The event will be held in Toronto, Canada on March 1 at the Rogers Centre.
27.02 / 20:05
27.02 / 15:47
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White House says March tariffs remain the plan as Trump's comments draw confusion
United States President Donald Trump on Wednesday gave a series of apparently contradictory answers about his plans to enact tariffs on Canada and Mexico, as well as the European Union.
27.02 / 15:47
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Gwyn Morgan: Build east-west pipelines? We were doing that, remember?
The Feb. 11 edition of the Financial Post was headlined “West-East pipeline talks perk up oilpatch ears as U.S. targets Canada.” Federal Industry Minister François-Philippe Champagne was quoted as saying the new rules of Canada-U.S. relations “may mean you need pipelines that go west-east.”
27.02 / 15:47
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Posthaste: Trump's tariff threats could hasten Canada's productivity decline, warns RBC
The trade uncertainty sparked by Donald Trump’s tariff threats could wreak structural damage to Canada’s economy that won’t be easy to reverse, warns Royal Bank of Canada.
27.02 / 15:47
27.02 / 15:47
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TD beats analysts expectations after two successive misses
Toronto-Dominion Bank beat analysts’ expectations after missing for two consecutive quarters as it reported higher first-quarter profits in its Canadian personal and commercial banking and wholesale banking segments.
27.02 / 12:21
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RBC tops analysts' expectations, but increases provisions for credit losses
Higher profits in Royal Bank of Canada‘s personal and commercial banking, wealth management and capital market segments allowed the country’s biggest bank to top analysts’ expectations in the first quarter.
27.02 / 12:21
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Trump's push for Keystone XL could be just the bargaining chip Canada needs, says former premier
United States President Donald Trump is calling for the immediate revival of the Keystone XL pipeline, a cross-border project that cost the Canadian oilpatch billions when it was cancelled in 2021 by the former administration and is still the subject of an ongoing $1.3-billion lawsuit by the Alberta government.
27.02 / 12:21
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Canadian dollar gets boost on Trump tariff comment
Mexico’s peso and Canada’s dollar got a boost after United States President Donald Trump signalled the deadline for levies on goods from both countries would be pushed back, raising investor skepticism over one of the U.S. leader’s signature policies.
27.02 / 12:21
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Canada has lost its global agricultural trading edge, RBC report says
Canada has become overly reliant on the United States for its agri-food exports over the years, which have quadrupled in value to more than $100 billion. However, the successful trade partnership — now threatened by President Donald Trump’s looming tariffs — has grown at the expense of Canada’s global competitiveness, according to a new report by the Royal Bank of Canada.
27.02 / 11:31
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Khalistani supporter Jagmeet Singh calls for ban on Trump at G7 Summit; says 'why allow a convicted criminal?'
Jagmeet Singh called US President Donald Trump a «fascist» and has called for his ban from attending the G7 summit in Alberta in June. Singh, an ex-ally of outgoing Canadian Prime Minister Justin Trudeau, cited Trump's criminal convictions and perceived threats to global stability.
27.02 / 09:11
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Trump signals 25% tariffs on EU coming 'very soon'
During the first meeting of the US cabinet on Wednesday (26 February), following Trump's inauguration in January, the president said tariffs on the European Union will be revealed «very soon». Global markets recover tentatively amid tariffs drama as investors fret over what comes next He told reporters the European Union was a «different case than Canada», because the bloc had «taken advantage of [the US] in a different way». «They do not accept our cars, they do not accept, essentially, our farm products, they use all sorts of reasons why not, and we accept everything from them. W...
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