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Business News

Stocks rise before closing ahead of Trump's tariff announcement in shaky trading day

CBC Business News - 2 hours 34 min ago

U.S. stocks whipped through another dizzying day on Wednesday in the final hours before U.S. President Donald Trump unveiled the tariffs promised as part of his "Liberation Day," which could drastically alter the global economy.

Categories: Business News

Canada escapes new levies as Trump imposes sweeping reciprocal tariffs

Financial Post TopStories - 3 hours 19 min ago
Exemption on goods covered by CUSMA trade pact will emain in place, but Canada still faces a number of tariffs by the U.S. administration
Categories: Business News

Trump slaps retaliatory tariffs on dozens of countries but Canada is spared the worst this time

CBC Business News - 4 hours 2 min ago

U.S. President Donald Trump announced Wednesday his long-awaited plan to impose what he's calling "retaliatory" tariffs on imports coming from dozens of countries — but the White House said there will be no more across-the-board levies applied to Canada than what has previously been announced.

Categories: Business News

Amazon among bidders to acquire TikTok as deadline looms for a buyer to be found

CBC Business News - 4 hours 16 min ago

As the weekend deadline approaches for TikTok to find a non-Chinese buyer to avoid being banned in the U.S., bidders for the short-video social media site are piling up, including Amazon.

Categories: Business News

How Canada could win a 'no tariffs' deal

Financial Post TopStories - 6 hours 17 min ago
Watch: Ian Lee of Sprott School of Business on why the Great Depression is a 'case study' for understanding current trade tensions
Categories: Business News

These investments are 'immune' to Trump's trade war

Financial Post TopStories - 9 hours 40 min ago
Watch: 'Now is not the time to be bottom fishing. Always buy high-quality companies, and when things get uncertain, double-down'
Categories: Business News

Nintendo reveals Switch 2 launch date, new features of interactive chat, screen sharing

CBC Business News - 9 hours 49 min ago

Nintendo has announced a launch date for its long-awaited sequel to the Switch gaming console: the Switch 2 will arrive on June 5, bringing with it new features such as interactive chat and screen-share functions to connect gamers — but also a steeper price tag. 

Categories: Business News

Recap: Trump launches 'independence day' with reciprocal tariffs

Financial Post TopStories - 11 hours 29 min ago
Join the Financial Post as we bring you the news as it happens
Categories: Business News

Posthaste: U.S. 'unreliable to point of hostility' with Canada especially at risk, report warns

Financial Post TopStories - 12 hours 29 min ago
Analysis from top business leaders offers up measures to 'mitigate Canada's risk' of depending on the U.S.
Categories: Business News

Jon Love: The housing crisis has a simple solution — and it doesn't involve yet another government program

Financial Post TopStories - 13 hours 8 min ago
Cutting the taxes and regulation that stifle development would allow Canada's world-class developers to build quickly
Categories: Business News

Looking to buy a car? If U.S. auto tariffs go through, you'll likely pay more

CBC Business News - 16 hours 29 min ago

The 25 per cent tariffs from the U.S. set to go into effect on April 3 would increase the price of a car by thousands, while those in the industry say the mere threat of the tariffs is keeping buyers away.

Categories: Business News

Amazon is selling products calling Canada the 51st state, and many Canadians aren't happy

CBC Business News - Tue, 2025-04-01 16:46

A petition is urging retail giant Amazon to disable listings of shirts, hats, stickers and other products emblazoned with quotes referring to Canada as the 51st state or otherwise celebrating the idea of Canada being annexed by its southern neighbour.

Categories: Business News

Here's a reality check on Trump's potential ‘Liberation Day’ trade beefs with Canada

Financial Post TopStories - Tue, 2025-04-01 13:18
While some issues have long caused friction, much of what the U.S. president says doesn't stand up to fact checking
Categories: Business News

Why Canadian oil is sold to the U.S. at a 'discount' and have tariffs made things worse?

Financial Post TopStories - Tue, 2025-04-01 12:55
Canada supplies around four million barrels per day to the U.S., roughly half that country's total crude imports
Categories: Business News

U.S. Senate set to vote on challenge to Trump’s justification for tariffs against Canada

Financial Post TopStories - Tue, 2025-04-01 11:43
Resolution aims to 'turn off' the Canadian emergency declared by the U.S. president
Categories: Business News

Trump’s April 2 tariffs to take immediate effect, White House says

Financial Post TopStories - Tue, 2025-04-01 10:32
The president will announce the new duties at 4 p.m. Wednesday
Categories: Business News

John Ruffolo: Removing interprovincial trade barriers is a mirage, not a solution

Financial Post TopStories - Tue, 2025-04-01 10:15
Chasing shiny objects while we need to dramatically shift how Canada governs its economy is a luxury we cannot afford
Categories: Business News

Trump administration lists Quebec language law Bill 96 as trade barrier

CBC Business News - Tue, 2025-04-01 10:14

The Office of the U.S. Trade Representative released its annual list of global trade barriers Tuesday — and it includes Quebec's controversial language law, Bill 96.

Categories: Business News

Trump's tariff threats revive long-dead idea that Canadian auto sector can go it alone

Financial Post TopStories - Tue, 2025-04-01 09:06
Vehicles rank as Canada's second-largest export, valued at $51 billion, so a collapse could ripple through the economy
Categories: Business News

BRP selling aluminum boat maker Telwater to Yamaha Motor Co.

Financial Post TopStories - Tue, 2025-04-01 08:25
The sale is subject to certain customary closing conditions, including regulatory approval
Categories: Business News
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