Canada Financial News

14.01 / 12:25

COST UPS Provident security Trade President Experts Canada ready to buy more American products to appease Trump's tariff threat, ambassador says

Canada’s ambassador to Washington says Canada is prepared to buy more from the United States including its next fleet of submarines to appease President-elect Donald Trump's concerns about the U.S.-Canada trade deficit

14.01 / 11:05

markets UPS Digital Manufacturing Strategy PAM Nearly 64% of consumers likely to choose EV as next vehicle, TCS global study finds

electric vehicle for their next purchase, although 60 per cent of them considered charging infrastructure as a major challenge, according to a study. The global study by Tata Consultancy Services surveyed over 1,300 anonymous respondents across USA, Canada, UK, Ireland, Belgium, Denmark, Finland, France, Germany, Netherlands, Norway, Sweden, Switzerland, China, India, Japan, Australia and New Zealand, found that 56 per cent of them were ready to pay up to USD 40,000 (nearly Rs 35 lakh) for an electric vehicle (EV).

14.01 / 02:19

Target Fighting economy Trade War country Canada knows Trump would win a trade fight. It is preparing to retaliate anyway.

Subscribe to enjoy similar stories. The leader of Canada’s energy-rich province of Alberta, Danielle Smith, met with President-elect Donald Trump and his team at Mar-a-Lago, Fla., this past weekend to try to convince them that a trade war would be bad for both countries. She came home resigned to a fight.

14.01 / 02:07

UPS security economy Election War It’s time for the world to consign expansionism, like war, to history

Subscribe to enjoy similar stories. A little over 85 years ago, on 1 September 1939, the Wehrmacht attacked Poland under orders from Adolf Hitler, sparking off World War II. At the end of a conflict whose body count from military and civilian casualties is estimated at around 70-85 million, a global world order emerged in which the sanctity of territorial boundaries, democracy and liberal values were enshrined as non-negotiable.

13.01 / 20:11

MET security Trade President country Interviews Danielle Smith warns Trump's tariffs are coming and will include oil

Canadians should be prepared to face U.S. tariffs once Donald Trump assumes the presidency next week, with no exemptions for oil, Alberta Premier Danielle Smith warned after meeting the president-elect in Florida.

13.01 / 20:11

UPS Provident President Kingstone show reports EV transition runs into more trouble as Transport Canada abruptly pauses rebate program

The electric vehicle transition in Canada is hitting another speed bump, as major incentive programs that shave thousands of dollars off the price tag of a new EV are being curtailed and cut short.

13.01 / 18:15

COST UPS Bill country reports Half of Canadians $200 or less away from not being able to pay bills: poll

The Bank of Canada’s rapid interest rate cuts have seemingly not helped Canadians feel much better about their financial pictures as MNP LTD reports a new low in its outlook on personal debt.

13.01 / 17:29

markets Digital Waters Strategy Experts PAM Unsung heroes of Los Angeles wildfires: The Super Scooper planes that are being used to douse the flames

Los Angeles are eventually engaged in a challenging battle against the destructive wildfires while utilizing the CL-415 Super Scooper which is one of the most effective firefighting aircraft available, reported The Washington Post. These Canadian made amphibious water bombers can actually skim the surface of open water bodies to quickly scoop up and drop large amounts of water directly onto flames.

13.01 / 16:53

UPS Racing Election Trade reports Carney poised to enter race to replace Trudeau as Canada's prime minister

Former central banker Mark Carney is poised to announce that he’s jumping into the race to succeed Justin Trudeau as leader of the Liberal Party and Canadian prime minister.

13.01 / 16:53

markets Gap economy President country reports International Posthaste: Why a weak Canadian dollar won't stop the Bank of Canada from cutting rates

The Canadian dollar has taken a beating lately, pummelled by the growing policy gap between the Federal Reserve and Bank of Canada, upheaval in Canadian politics and the tariff threats of incoming U.S. president Donald Trump.

13.01 / 11:25

markets Fighting security Remark country social Videos 'If you pick a fight with Canada...': Jagmeet Singh, Khalistani supporter and ex-Trudeau ally's message for Trump

Jagmeet Singh, leader of Canada's New Democratic Party (NDP) and a former ally of outgoing Prime Minister Justin Trudeau issued a sharp rebuke to US President-elect Donald Trump’s statements about annexing Canada. In a video message shared on X (formerly Twitter), he said: “Our country is not for sale. Not now, not ever,” condemning Trump’s long-standing rhetoric about making Canada the 51st US state.

13.01 / 11:17

markets UPS Booking Extreme economy Trade Features History is foreshadowing the worst of times for markets

As we enter 2025, the general consensus is that stocks are set to deliver another year of decent returns. Most strategists contend that we will be in a goldilocks environment characterized by positive readings on economic growth, profits, inflation, and rates. This sentiment is particularly evident in the current valuation level of the S&P 500 Index.

13.01 / 11:17

markets UPS IPO security wellness performer FP Dealmakers: Bay Street raises highest amount in a decade as debt, equity markets diverge

It was a tale of two very different stories for Canadian capital markets in 2024, with activity in the debt markets reaching record highs amidst a continued decline in the equity space.

13.01 / 11:17

markets UPS Strategy economy country A cut in January, then a pause: What jobs data mean for Bank of Canada and interest rates

The Canadian economy generated 91,000 jobs in December, beating economist estimates and pushing down the unemployment rate to 6.7 per cent from 6.8 per cent the month before.

13.01 / 11:17

COST UPS CEO Strategy Research Relationships Bundled pricing: How the best mortgage rates increasingly come with strings attached

If you want the very best deal on a big bank mortgage, get ready to sign up for more products, whether you like them or not.

13.01 / 11:17

COST Mark Warner Trade Universities War country Relationships International How far could Trump go using 'economic force' to try and annex Canada?

U.S. president-elect Donald Trump suggested he would use “economic force” to annex Canada at a press conference this week, marking an escalation in the string of threats and jibes he has made against the country since his election.

13.01 / 09:37

markets students Experts Universities Schools rights International From Edmonton to everywhere: ET Global Universities webinar featuring the University of Alberta

13.01 / 00:29

Provident security Remark Election Trade Interviews Canada's Trudeau urges US consumers to consider the harm of Trump's tariff threats

Canadian Prime Minister Justin Trudeau has suggested that President-elect Donald Trump’s remarks about Canada becoming America’s “51st state” is distracting the public from the harm that steep tariffs would have on U.S. consumers

12.01 / 18:21

UPS Action security economy President cover Interviews As Trump threatens Canada, ‘there’s something dangerous brewing’: analyst

U.S. president-elect Donald Trump’s increasingly bold threats against Canada’s economy and sovereignty suggest “there’s something dangerous brewing” and a serious response is needed, a U.S. analyst says.

12.01 / 18:21

markets Digital Platform Strategy Netflix Sony PAM Saturday Night: Everything we know about streaming release in US and other regions

Saturday Night Live, is set to premiere on Netflix US on January 25, 2025. This release is part of a pre-existing Pay-1 agreement between Netflix and Sony Pictures.

12.01 / 15:37

markets Digital Strategy Trade PAM country social Trudeau's counter-offer to Trump’s 51st state proposal: How about Vermont or California?

The comment, which Trudeau described during a recent MSNBC appearance on Thursday, was clearly meant to defuse the tension. However, Trump didn’t seem to find it humorous. In fact, according to Trudeau, the conversation quickly shifted to a more concerning topic: Trump's plan to impose steep tariffs on Canadian goods, a move that could escalate trade tensions between the two countries.

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