Canada Financial News

26.11 / 21:39

CEO economy Refugees students CIBC Universities International CIBC CEO says immigrants are the 'lifeblood' of Canada amidst souring outlook

The head of one of Canada’s largest banks says newcomers need support from all corners as “people are turning a little sour” on immigration.

26.11 / 21:39

COST Manufacturing economy President Universities reports Trump’s 25% tariff would mean recession for Canadian economy next year, economists warn

Economists are warning the hit to Canada’s economy will be significant if incoming U.S. president Donald Trump makes good on his threat of imposing a 25 per cent tariff on all Canadian and Mexican imports when he takes office.

26.11 / 21:39

Provident Williams Courts CI Financial signs $4.7 billion deal to be taken private by arm of UAE sovereign wealth fund

TORONTO — CI Financial Corp. has signed a deal to be taken private by Mubadala Capital in an agreement valued at $4.7 billion.

26.11 / 21:39

markets UPS Platform Research Trade President social Loonie watch: ‘Nothing but dead air’ stopping the Canadian dollar from hitting 68 cents U.S., says Rosenberg

The Canadian dollar plunged more than half a cent and fell back below 71 cents U.S. after incoming U.S. president Donald Trump said he will impose a 25 per cent tariff on Canadian and Mexican imports over border and drug issues.

26.11 / 21:39

markets Equifax Experts Bitcoin show reports Posthaste: Canadians' debt hits new record — and millennials and gen Z are leading the way

Canadians are piling on the debt as interest rates come down, with the younger generations leading the way.

26.11 / 20:05

UPS Gap Election Trade social consequences Loonie’s plunge just one consequence of Trump tariff threat on your wallet

loonie is shaping up as an early casualty of U.S. president-elect Donald Trump’s latest trade threats against Canada, with knock-on impacts expected elsewhere in Canadian pocketbooks.The value of the Canadian dollar dropped to a four-and-a-half-year low of 70.53 cents to the U.S.

26.11 / 19:21

UPS Fox Manufacturing wellness Trade President country Mexico may retaliate with its own tariffs after Trump threat, new president says

Rep. Eric Burlison, R-Mo., talks President-elect Trumps tariff plans, the DOJ dropping Trumps federal election case and a bill to abolish Americas Bureau of Alcohol, Tobacco, Firearms and Explosives.

26.11 / 18:13

UPS Southern Food Trade War country social trump tariffs Trump Tariffs proposal impact explained: Will Americans end up paying huge extra money?

On Monday, Trump sent shockwaves across the nation's northern and southern borders, vowing sweeping new tariffs on Mexico, Canada, as well as China, as soon as he takes office as part of his effort to crack down on illegal immigration and drugs, AP reported. In a pair of posts on his Truth Social site Trump railed against an influx of illegal migrants, even though southern border apprehensions have been hovering near four-year lows.

26.11 / 18:13

markets COST UPS wellness Trade President Tariff pe tariff to narrow the deficit

Donald Trump's comment this week that one of his first acts after re-entering office would be to impose tariffs on US imports from Mexico, Canada and China. Markets are familiar with the MAGA magus' negotiating tactics from his first term as president. Yet, volatility is unavoidable.

26.11 / 17:27

COST CEO Nov wellness Trade electronic reports Best Buy reports another quarterly sales decline amid pull back on gadget spending

Best Buy on Tuesday reported another quarterly drop in sales as Americans continued to tighten their purse strings on appliances and gadgets to focus on essentials

26.11 / 17:27

markets BLOCK Continental Trade President country cover What is the EU-Mercosur trade agreement and why does it matter?

The EU and the South American trade bloc Mercosur are working to finalize a trade deal that has been in negotiation for over 20 years

26.11 / 17:27

Southern Food Trade President War country social Trump’s latest tariff plan aims at multiple countries. What does it mean for the US?

President-elect Donald Trump has identified what he sees as an all-purpose fix for what ails America: Slap huge new tariffs on foreign goods entering the United States

26.11 / 14:33

COST CEO security economy wellness country social Trump’s tariff will hurt both Canada and U.S., Canadian leaders say

Business and political leaders in Canada say there will be pain if Donald Trump follows through on his pledge to impose a 25 per cent tariff on all Canadian goods, but they note the hurt will happen in his country as well.

26.11 / 08:41

markets COST UPS economy Nikkei Stock market today: Asian shares mostly fall on worries about Trump's tariffs

Asian shares have mostly declined as worries spread over President-elect Donald Trump's comment that he plans to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office

26.11 / 04:49

markets UPS Analysis Research MSCI Trade Experts Rupee rises on residual equity index rejig inflows, sidesteps weak Asia FX

dollar inflows related to the rejig of MSCI's global equity indexes, which helped it sidestep weakness in regional peers after U.S. President-elect Donald Trump's tariff threat rattled markets. The rupee was at 84.23 against the U.S. dollar as of 09:40 a.m. IST, its highest level in nearly three weeks, following its previous close of 84.2875. The dollar pared early gains made in Asia trading after Trump said he would impose a 25% tariff on all products from Mexico and Canada, and an additional 10% tariff on goods from China.

26.11 / 03:23

markets security Trade President country social reports Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office

President-elect Donald Trump is threatening to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office as part of his efforts to crack down on illegal immigration and drugs

26.11 / 01:49

markets Man SEC Strategy Analysis Trade Bitcoin Dollar gains after Trump vows tariffs against Mexico and Canada

The dollar rose over 2% against the Mexican peso and 1% against its Canadian counterpart.

25.11 / 19:13

UPS Target security economy Election country rights Canada on ‘clear path’ to reach NATO’s 2% target, Trudeau says

Canada is on a “clear path” to hit NATO’s defence spending target over the coming years, Prime Minister Justin Trudeau said, as pressure ramps up on Ottawa in the wake of the U.S. election.

25.11 / 18:35

Nov Montreal dockworkers, employer to start mediation after six-day work stoppage

Dockworkers at the Port of Montreal say they are set to begin mediation with employers after a six-day work stoppage earlier this month.

25.11 / 15:19

markets UPS Target Platform Gap country How public funds attract private dollars for climate financing

TORONTO — The trillion-dollar question these days is where the huge sums of money needed to address climate change are going to come from, especially for developing countries.

25.11 / 14:51

COST UPS Analysis Bill country cover reports Posthaste: When Canada goes electric, households in these provinces will pay more

Canada has committed to net-zero greenhouse gas emissions by 2050, and for many Canadians that will mean savings on their energy bills — but not all.

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