City Ottawa Financial News

27.02 / 15:47

COST UPS Enbridge Headlines International mountaineering 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.”

19.02 / 22:09

MET Fighting Trade reports Relationships International Ottawa recruits banks into fentanyl fight as U.S. applies pressure

The Canadian government has pulled the country’s banks into the fight against fentanyl, recruiting them to join a money-laundering intelligence group that aims to cut off the funds that support trafficking of the deadly drug.

19.02 / 22:09

markets COST UPS Target economy Cycling Bank of Canada in a 'difficult place' on rate cuts: Economists on the latest inflation numbers

Canadian inflation would have accelerated further in January were it not for Ottawa’s tax holiday, putting the Bank of Canada in an awkward position when it comes to its next interest rate decision, some economists said.

09.02 / 05:53

UPS Platform Experts track rights ‘Should I just laugh?’: Energy experts question Freeland’s pledge to push LNG

Liberal leadership candidate Chrystia Freeland’s pitch to export liquefied natural gas (LNG) to allies is drawing skeptical reactions from those who say her government neglected the sector over the past decade.

07.02 / 12:45

CEO Platform Food wellness President show reports Restaurants Canada wants the tax ‘holiday’ made permanent as end nears

The national association representing Canada’s restaurants wants Ottawa’s GST/HST “holiday” made permanent amid early signs it’s helped some cash-strapped Canadians dine out more often.

05.02 / 14:03

CEO Platform Strategy community Universities country innovations 'The status quo is no longer working': Canadian tech leaders launch new platform to encourage innovation

For years, Canada’s technology community has called on Ottawa to do more to boost innovation and productivity and attract capital to the country.

05.02 / 10:19

Fighting President Traffic No plan to send Canadian military troops to protect border, minister says

Public Safety Minister David McGuinty says there is no plan to send Canadian soldiers to the Canada-U.S. border.

03.02 / 15:03

Trade President War country reports Relationships Trudeau and Trump set to talk amid Canada-U.S. trade war

Prime Minister Justin Trudeau is expected to speak with President Donald Trump Monday as Canada’s leaders scramble to prepare for a trade war with the United States.

31.01 / 20:57

UPS Provident Fishing country inclusion innovations Ottawa delays capital gains tax increase until 2026

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.

31.01 / 17:31

UPS Booking CRA Election wellness inclusion Ottawa pushes back proposed capital gains tax changes to 2026

The federal government is delaying plans to raise the inclusion rate on capital gains, offering a degree of clarity on the legislation stuck in limbo that was causing some confusion for the upcoming tax season.

30.01 / 16:47

Man Action security Trade President country Department Trump’s pick for commerce says tariff threat could be just the start

WASHINGTON — The man U.S. President Donald Trump has chosen to oversee his tariff agenda says hitting Canada with 25 per cent across-the-board duties would be an emergency measure to achieve border security — and could be followed by more tariffs in the future.

30.01 / 14:53

markets UPS Manufacturing Action security Trade country Trump commerce pick defends tariffs, hints at fight with Canada over dairy

Donald Trump’s nominee for commerce secretary on Wednesday defended the use of tariffs to create “fairness” and denied they will be inflationary, while also hinting at a looming fight with Canada over dairy market access.Billionaire financier Howard Lutnick told his U.S. Senate confirmation hearing that the 25 per cent tariffs Trump has vowed to impose on Canada and Mexico starting Saturday are meant purely to compel border security improvements from both countries, particularly to crack down on fentanyl trafficking.“If we are your biggest trading partner, show us respect: shut your border and end fentanyl coming into this country,” Lutnick said.“It’s not a tariff, per se, it is an action of domestic policy.

27.01 / 02:29

economy ICE Election Trade War country Justin Trudeau puts Canada on ice

Subscribe to enjoy similar stories. Both sides of the political aisle in Ottawa were relieved when Prime Minister Justin Trudeau finally resigned on Jan. 6.

24.01 / 15:13

CEO Gap economy President country information shock National Bank CEO says negotiating with Trump won't be easy, calls for a new plan to boost productivity

The head of one of Canada’s largest banks says “it won’t be easy” to negotiate with Donald Trump as Ottawa tries to avoid crippling tariffs on Canadian goods, especially since the United States president “loves to shock people” by unleashing a “firehose” of information.

24.01 / 02:19

markets Digital Strategy Trade Experts PAM reports Trudeau says Americans will pay more whenever Trump decides to impose tariffs on Canada

23.01 / 01:13

Provident FIVE economy stage information politician Investigations Could Ottawa's investigation of Interac e-Transfer lead to lower transaction fees?

If you’ve ever used online banking to send money as a gift, pay a friend back for dinner or send rent to your landlord, there’s a good chance you used Interac e-Transfer to do it. The service allows people to request, send and receive money directly through Canadian personal and business bank accounts. Interac Corp. says 88 per cent of Canadians have used e-Transfer, and the company processed nearly 1.2 billion transactions in 2023.

22.01 / 00:09

COST UPS economy Trade President beautiful Destinations A U.S.-Canada tariff battle looms. These 10 things could get costlier

U.S. President Donald Trump could hit Canada with tariffs as early as next week, raising the risks that Ottawa would impose retaliatory tariffs on the United States amid growing fears of a trade war.

21.01 / 21:25

COST UPS economy Food trends Trade reports Inflation slows ahead of Bank of Canada’s 1st rate decision of 2025

December’s inflation data offered a mixed bag to the Bank of Canada as it gears up for its first interest rate decision of 2025 with U.S. President Donald Trump’s tariff threats still looming over the Canadian economy.

20.01 / 22:11

markets Target Strategy President Experts War peace Donald Trump Effect: This is how US President’s influence is impacting global politics

Donald Trump has been sworn in as the 47th President of the United States. His second term’s anticipated policies are already impacting global diplomacy and economic dynamics.

20.01 / 17:55

Reuters security Remark Election Trade President reports Ford tells LCBO to clear U.S. booze from shelves if Trump imposes tariffs

Ontario Premier Doug Ford says he’s told the LCBO to clear U.S. booze from its shelves if Donald Trump imposes sweeping tariffs as he’s threatened to do.

17.01 / 17:21

Provident security ByteDance TikTok President information Courts TikTok ban upheld by U.S. Supreme Court. Here’s what could happen next

TikTok in the United States is days away from shutting down after the U.S. Supreme Court on Friday allowed the federal law forcing a nationwide ban to take effect.However, there remain questions over whether it could still be reversed.The uncertainty over the app’s future may have ripple effects in Canada, experts say, although Ottawa says what happens in the U.S.

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