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business
Bulk carrier Federal Yamaska runs aground in St. Lawrence River near Montreal
MONTREAL - The Canadian Coast Guard says a 180-metre bulk carrier has run aground in the St. Lawrence River near Montreal. A spokesman for the coast guard says the Federal Yamaska ran aground near Ver...
The Canadian Press
Aug 12, 2025
Ford heading to Ottawa to meet with Carney, urge lower taxes
Prime Minister Mark Carney is set to meet Monday with Ontario Premier Doug Ford, who says he plans to urge the prime minister to lower taxes in order to stimulate the economy. Ford says he'll travel t...
The Canadian Press
Aug 12, 2025
Here's where Canada's effective U.S. tariff rate might stand amid carve outs
OTTAWA - Amid the many layers of tariffs and exemptions from the United States, some economists say the effective tariff rate on Canada is much lower than the headline figures suggest. RBC senior econ...
The Canadian Press
Aug 12, 2025
Canadian and U.S. flags fly atop the Peace Arch monument at the Douglas-Peace Arch border crossing in Surrey, B.C., on Monday, November 8, 2021. THE CANADIAN PRESS/Darryl Dyck
China to impose 75.8 per cent tariffs on Canadian canola, industry braces for impacts
Canada's canola industry is urging Ottawa to act as farmers brace for steep losses over a planned 75.8 per cent preliminary tariff from China on canola seed. "The Chinese market is effectively closed ...
The Canadian Press
Aug 12, 2025
US inflation held steady as mild tariff hit offset by cheaper gas, food
WASHINGTON (AP) - U.S. inflation was unchanged in July as rising prices for some imported goods were balanced by falling gas and grocery prices, leaving overall prices modestly higher than a year ago....
The Canadian Press
Aug 12, 2025
Federal Liberals looking to provide 'certainty' to investors in fall budget
OTTAWA - Major institutional investors are asking the federal government to give them a reason to invest more at home in the upcoming fall budget, say the Liberal MPs leading budget consultations acro...
The Canadian Press
Aug 12, 2025
US and China extend trade truce another 90 days, easing tension between world's largest economies
WASHINGTON (AP) - President Donald Trump extended a trade truce with China for another 90 days Monday, at least delaying once again a dangerous showdown between the world's two biggest economies. Trum...
The Canadian Press
Aug 11, 2025
B.C. court squelches Vancouver bylaw that forced ride-hailing firms to pay fees
VANCOUVER - The B.C. Supreme Court has invalidated a bylaw passed by the City of Vancouver that imposed a fee on ride-hailing companies working on city streets during peak hours. Uber Canada took the ...
The Canadian Press
Aug 11, 2025
New federal entity to prioritize Canadian-made, affordable housing projects
OTTAWA - Prime Minister Mark Carney's promised new entity to spur massive amounts of housing construction will prioritize the building of affordable housing and the use of Canadian materials, says a c...
The Canadian Press
Aug 11, 2025
Ottawa Senators, NCC finalize land deal for new arena at LeBreton Flats
OTTAWA - The Ottawa Senators are one step closer to having a new arena in the city's downtown core. The Senators and the National Capital Commission have agreed on the sale of 4.5 hectares (11 acres) ...
The Canadian Press
Aug 11, 2025
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