Mortgage rates shake off turkey coma, start moving up and down
Mortgage rates are waking up from their holiday slumber and finally starting to move. Depending on whether you need a default ...
Canada's tariffs on Chinese-made EVs pose quandary for next prime minister
Canada announced 100 per cent tariffs on Chinese EVs in August, aligning its policy with the U.S., which had announced them in May. The tariffs generated controversy from the outset, as trade lawyers ...
‘Era of uncertainty’ requires economic leadership, FP outlook event hears
Just two weeks into 2025, Canada is already facing a political shakeup, ongoing threats from the U.S. president-elect and a raft of chronic economic pain points. These issues and more were dissected ...
BMO CEO says Canadian businesses facing more uncertainty than U.S. counterparts
Trump this week reiterated his stance to stick to placing tariffs on Canada, something that surprised Royal Bank of Canada ...
'What are you complaining about?': Economists assail Trump's Canada trade claims
U.S. President-elect Donald Trump has justified his threat of 25 per cent tariffs on Canada by pointing to the U.S. trade deficit. Top Canadian economists have a response to that: it’s all because ...
Insurers brace for billions in losses from California wildfires
Insurers are bracing for losses of as much as US$10 billion from wildfires in Los Angeles after blazes ravaged some of the ...
Posthaste: How the stock market can tank when you least expect it
Recession is the most common driver of significant losses in the stock market; you only have to look as far back as 2020 and 2008 to see that. But today with no signs of a slowdown on the horizon and ...
Quebec energy deal with Newfoundland and Labrador heads to vote
A draft energy deal with Quebec heralded as a game-changer for indebted Newfoundland and Labrador is heading for a vote tonight in St. John’s, N.L. The Liberal government opened the legislature on ...
Energy minister warns Trump against energy trade war
Donald Trump’s claim that the United States doesn’t need anything from Canada is “simply false,” said Jonathan Wilkinson, ...
Wall Street expects to shed 200,000 jobs as AI erodes human roles
Global banks are expected to cut as many as 200,000 jobs in the next three to five years as artificial intelligence (AI) encroaches on tasks currently carried out by human workers, according to ...
Political turmoil could derail Pathways Alliance carbon capture project: experts
Heather Exner-Pirot, special advisor on energy to the Business Council of Canada, said the problem for Pathways is that with polls showing the Conservatives are likely to win an upcoming federal ...
Why Donald Trump wants Greenland
When Trump first expressed interest in buying Greenland in 2019, he framed it as like “a large real estate deal” and emphasised the economic aspects of prising it away from Denmark. This time, his ...