Canada Financial News

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Bitcoin (BTC) experienced a decline, trading below $103,000 on Saturday, February 1, 2025, amid global market volatility spurred by recent U.S. tariff announcements. As of 10:16 am IST, Bitcoin was priced at $102,441, marking a 1.7% decrease over the past 24 hours. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, saw a 2.4% increase, trading at $3,302 during the same period.

Economist Steve Moore and former member of White House Council of Economic advisors Tomas Philipson discuss President Donald Trump’s tariffs on foreign countries on ‘The Bottom Line.’

Prime Minister Justin Trudeau has responded to U.S. tariffs on Canadian goods.

Robert Kiyosaki, the author of Rich Dad Poor Dad, has once again predicted a market crash as a result of US President Donald Trump's impending tariffs on Mexico, Canada, and China, which he believes may lead to a downturn in prices of gold, silver, and Bitcoin— presenting a strategic buying opportunity, according to Kiyosaki. In a recent social media post on X, formerly known as Twitter, Kiyosaki stated, "TRUMP TARIFFS BEGIN: Gold, silver, Bitcoin may crash. GOOD. Will buy more after prices crash. The real problem is DEBT… which will only get worse. CRASHES mean assets are on sale. Time to get richer."

Kash Patel, recently appeared before the US Senate Judiciary Committee at Capitol Hill for his confirmation hearing as the prospective Director of the Federal Bureau of Investigation (FBI). If approved, the 44-year-old American lawyer and former federal prosecutor will be the first individual of Hindu and Indian American heritage to assume the FBI's leadership.

World Trade Organization, the Chinese commerce ministry said on Sunday.

tax cuts in the budget, but the stock markets barely moved. Why so? Because finance minister Nirmala Sitharaman's speech about a bright future was silent on the sharp, continuing fall of Indian stock markets and the rupee ever since it became clear that Donald Trump was going to become US President and disrupt global relations.

Canada and Mexico say they’ve prepared the option of retaliatory tariffs to be used if necessary now that the White House says the U.S. will put in place 25% tariffs on imports from them this weekend

Taber, three hours southeast of Calgary.She was married, had a family, worked as a realtor and died three years ago at the age of 81.It was only after her death on January 21, 2022 that her secret life and her real name was made public.Glabus was in fact a fugitive killer and prison escapee named Sharon Kinne in a case that began in the 1960s and stretched from Missouri to Mexico to Canada.Kinne, who married at 16, was living in a ranch home in the Independence, Missouri, area in March 1960 when her 25-year-old husband, James Kinne, was shot in the back of the head while napping. Independence is just outside of Kansas City.The mother of two told police she had heard her 2-year-old daughter ask, “How does this thing work, daddy?” Then there was a gunshot.Sharon Kinne said she ran into the bedroom and found the toddler holding her husband’s .22-caliber semiautomatic pistol.

silver March futures contracts were trading slightly higher at Rs 93,453/kg, up by 0.13% or Rs 125. Ahead of the Union Budget 2025, due to be presented later today, gold, on MCX, made yet another new all-time high of Rs 82,600/ 10 g on Friday and has surged by Rs 1,550/10 gram in this week alone. Meanwhile, silver prices have gone up by Rs 1,850/kg.

The 25% tax that President Donald Trump plans to slap as soon as Saturday on imports from Canada and Mexico could drive up the price of everything from gasoline to pickup trucks to the guacamole dip that features so prominently at American Super Bowl p...

Investors have been bracing for further tariff news after Trump has repeatedly warned about using the measure. Uncertainty over the impact of tariffs has muddled the outlook for the economy and inflation.

Trump said on Friday he would impose hefty new tariffs of 25% on goods from Mexico and Canada and 10% on imports from China, and nothing could be done by the three countries to forestall them.

President Donald Trump has repeatedly discussed imposing tariffs, both on the campaign trail and since taking office — and the first tranche, on goods from Canada, China and Mexico will take effect Feb. 1, the White House confirmed on Friday.

The federal government says it is deferring the implementation of a hike to the capital gains inclusion rate to next year and plans to introduce new exemptions to ensure most middle-class Canadians do not pay more tax if the rate becomes official.

WASHINGTON — United States President Donald Trump will implement 25 per cent tariffs on Canadian imports on Saturday as promised, White House Press Secretary Karoline Leavitt said Friday.

The Canadian economy contracted by 0.2 per cent in November, the largest monthly decline in a year, Statistics Canada said on Friday.

Royal Bank of Canada has followed Toronto-Dominion Bank and Bank of Montreal in leaving the banking industry’s largest climate-finance alliance.