White House says Trump tariffs on Canada, Mexico and China will come Saturday
White House press secretary Karoline Leavitt said Friday U.S. President Donald Trump will implement 25 per cent tariffs on goods from Canada and Mexico and
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Canada & World
Canadian and international business news relevant to local business leaders here in Ottawa. Includes stories related to inflation, interest rates, employment, major government announcements and more.
StatCan estimates GDP rebounded at year-end but uncertainties mount for economy
The Canadian economy contracted in November, but preliminary estimates point to a rebound at the end of the year as the country faces an uncertain
Federal government defers effective date of capital gains changes to 2026, promises exemptions
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
BoC cuts interest rate by quarter point to 3% as tariffs threat loom
The potential for U.S. tariffs is clouding the economic outlook for the Bank of Canada as it delivered another interest rate cut, reducing its policy
Economists expecting sixth straight — but more modest — rate cut from Bank of Canada
Economic forecasts suggest the Bank of Canada will likely lower its key policy rate by a quarter of a percentage point on Wednesday in light
Sweeping tariffs could be 3% hit to Canadian economy, even with carve-outs: report
A CIBC report says sweeping tariffs imposed by the U.S. could cost the Canadian economy as much as 3.25 per cent, even factoring in possible
As inflation ticks lower to 1.8% in December, economists expect further BoC rate cuts
Canada’s annual inflation rate ticked lower in December, thanks in part to Ottawa’s temporary GST tax break, but economists still see interest rate cuts on
Trump’s tariff threat weighing on Canadian businesses: BoC survey
Nearly a quarter of Canadian businesses expect their costs to rise with Donald Trump set to take office today, according to a new survey from
Automakers push back on electric vehicle sales mandates as federal incentives halted
Automakers in Canada are calling for the end of electric vehicle sales mandates because of the sudden pause of federal EV incentives and what they say is the slow build-out of charging infrastructure. Groups including
Delays, Trudeau resignation threaten Toronto-Quebec City high-frequency rail project
Canadians hoping plans for high-frequency rail between Toronto and Quebec City would move forward this year will instead see further delays — and the prospect
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