Canada Financial News

Mexican President Claudia Sheinbaum says she is confident that a tariff war with the United States can be averted

Canada’s biggest credit union outside of Quebec, Vancity, has historically marketed itself as being “Main Street, not Wall Street” — member-owned, values-led and locally focused.

The union representing Canada Post workers says the Crown corporation has been laying striking employees off as the labour action by more than 55,000 workers approaches the two-week mark.

Former Bank of Canada governor Mark Carney says that Canada has experienced “failures of execution” when it comes to immigration policy in recent years, taking in more people than the economy was able to handle.

By Mike Katchen

Renters rejoice, relief may be on the way.

Legislation to create a two-month-long GST holiday is expected to pass on Thursday.

Subscribe to enjoy similar stories. Wall Street isn’t thrilled about the return of Donald Trump’s tariff threats. But traders are hardly panicking either.

From Toronto-Dominion Bank’s growth restrictions to Donald Trump’s election in the United States to the drastic reduction in immigration numbers in Canada, a lot has changed since the Big Six banks’ last quarterly earnings release in August.

India's global trade story has long been shaped by its relationships with two of its largest partners: the United States and China. While these relationships have grown significantly over the past decade, they show stark contrasts that often remain as lesser-known facts, at least like Crisil called it in an investr note. India’s trade with the U.S. and China reached $120 billion and $118 billion respectively in fiscal 2024, doubling over the last decade. However, the similarity ends here, Crisil said, as it notes hat India has a $35.3 billion trade surplus with the U.S., while it faces an $85.1 billion trade deficit with China.

The difficulty of trying to crack $100,000 for the first time «could convince traders that the top is in, and profits should be locked in now,» wrote Noelle Acheson, author of the Crypto Is Macro Now newsletter. However, any such episode should be «fleeting,» she added.

South Korea’s central bank has lowered its key policy rate for the second straight month and says the country’s economy will grow at a slower pace than it initially anticipated

Two days after President-elect Donald Trump threatened to impose sweeping new tariffs on Canada and Mexico as part of his effort to crack down on illegal immigration and drugs, he says he spoke with the Mexican president and she “agreed to stop Migrati...

Ontario are set to see “incredible snow totals” over the next few days due to a shift in temperatures over the Great Lakes.Water temperatures across the lakes has been at record mild levels given the calm fall so far, Global News meteorologist Anthony Farnell said.However, a looming change in temperature between the lake and the air will create “ideal conditions” for lake effect snow, he added.“Areas downwind of all five Great Lakes will see some incredible snow totals this upcoming weekend and travel will be difficult at best,” Farnell said.“The Lake Huron and Georgian Bay snow squalls will quickly intensify early Friday morning and continue right into early next week.”Farnell added because water temperatures are still so mild, areas right near those will see a heavier, wet snow that will limit amounts at least initially. As the wind shifts slightly, the snow squalls will also shift, bringing the heaviest snow amounts to different communities depending on the day.In the most intense squalls, snow rates could reach as high as 8 cm per hour with thunder and lightning, he said.“By Monday, snow totals could reach as high as 80 cm under the more persistent snow squalls.

Barron's market reporter Jacob Sonenshine discusses the impact President-elect Trump's tariffs could have on the U.S. economy on ‘Varney & Co.’

Donald Trump loved to use tariffs during his first presidency

A government official says Canada is already examining possible retaliatory tariffs on certain items from the United States should President-elect Donald Trump follow through on his threat to impose sweeping tariffs on Canadian products

U.S. consumers face “significant consequences” from President-elect Donald Trump’s proposed tariffs on Canada, according to Goldman Sachs Group Inc., with the bank casting doubt over its implementation.

Mediation between Canada Post and its postal workers has been temporarily suspended by the special federal mediator, as the parties “remain too far apart,” the federal labour minister said Wednesday as the nationwide mail strike reaches its thirteenth day.

Canada may need to set aside a historically conservative risk appetite to avoid stifling digital innovation in the regulated banking system, including crypto assets, the country’s top financial services regulator said Wednesday.

tariffs once Donald Trump takes office, the question remains on if the federal government would issue retaliatory tariffs like they did during the previous trade spat between the two countries.In 2018, Trump imposed a 25-per cent tariff on steel and 10-per cent tariff on aluminum products amid ongoing negotiations of a new North American Free Trade Agreement (NAFTA).In response, Canada released a list of retaliatory tariffs on items imported from the U.S.