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Business News

Tariff threats are freezing big business and leaving small companies with no options

CBC Business News - 17 hours 57 min ago

Millions of dollars — and thousands of jobs — are in flux as seemingly daily changes to tariffs mean Canada-based businesses feel they can't make any financial decisions.

Categories: Business News

Hudson's Bay files for creditor protection, intends to restructure

CBC Business News - Fri, 2025-03-07 16:21

Canada's oldest retailer, Hudson's Bay Co., has filed for creditor protection and intends to restructure the business.

Categories: Business News

How will tariffs hit the Canadian economy?

Financial Post TopStories - Fri, 2025-03-07 12:35
Watch: GDP could fall 3% over the next 2 years if tariffs are imposed
Categories: Business News

Opinion: U.S. tariffs have magnified the need for urgent economic reform. Here's what Canada should do

Financial Post TopStories - Fri, 2025-03-07 11:59
Canada must also address the fundamental weaknesses in our economy the tariffs have exposed
Categories: Business News

Ottawa unveils aid for businesses and workers hit by tariff war

Financial Post TopStories - Fri, 2025-03-07 11:51
Measures include better access to EI and billions of dollars in funding to help businesses impacted by tariffs
Categories: Business News

Buy-Canadian backlash to tariffs could hit wall of cost, emotional fatigue, expert warns

Financial Post TopStories - Fri, 2025-03-07 11:47
Donald Trump's seesawing likely to keep emotions running high, for now
Categories: Business News

Costco to reduce Canadian products in U.S. stores in wake of tariffs

Financial Post TopStories - Fri, 2025-03-07 10:44
Consumers can expect a price increase on items imported from Canada, China and Mexico
Categories: Business News

Trump threatens Canada with tariffs on dairy and lumber

Financial Post TopStories - Fri, 2025-03-07 10:25
New duties would be part of reciprocal tariffs president has been proposing
Categories: Business News

Bank of Canada rate cut bets get boost from weak job numbers: What economists say

Financial Post TopStories - Fri, 2025-03-07 08:18
Tariff threats and bad weather bite into Canada's job growth in February
Categories: Business News

Feds relax some EI rules, provide $6B in business support as Trump makes new tariff threats

CBC Business News - Fri, 2025-03-07 08:17

The federal government is launching a more than $6-billion aid package for businesses impacted by President Donald Trump's tariffs and relaxing some employment insurance rules to help workers.

Categories: Business News

How Wall Street titans view the Trump administration's tariff policies

Financial Post TopStories - Fri, 2025-03-07 08:02
'Tariffs cannot be positive, I mean it's a tax. And you can imagine tit for tat if the U.S. does something. Taxes are never positive'
Categories: Business News

Trump's trade war flip-flopping is costing Canadian businesses millions — and that's before the tariffs

Financial Post TopStories - Fri, 2025-03-07 06:41
'The opportunity costs of deals and trades that are not happening are likely staggering'
Categories: Business News

Canada gains fewer jobs than expected, raising odds of Bank of Canada rate cut

Financial Post TopStories - Fri, 2025-03-07 05:42
Unemployment rate holds steady at 6.6%
Categories: Business News

Canada's labour market at a standstill in February, with unemployment unchanged, few jobs added

CBC Business News - Fri, 2025-03-07 05:35

Canada's unemployment rate was unchanged in February, holding steady at 6.6 per cent, Statistics Canada said Friday, as population growth loses steam and tariff uncertainty shakes the labour market.

Categories: Business News

Posthaste: Trump's tariff mayhem is freaking out markets. Is he already bending to investors' will?

Financial Post TopStories - Fri, 2025-03-07 05:00
Stocks whipsaw as U.S. duties are implemented and then partially walked back
Categories: Business News

Sunwing stranded couple for 5 days after vacation, charged them $50 flight change fee to fly home

CBC Business News - Fri, 2025-03-07 01:00

Several Sunwing passengers say the airline needs to be held accountable after many flight cancellations and delays last month, including cases where it abruptly cancelled vacations with no rebooking offers or delayed return flights for days.

Categories: Business News

Hey, parents: Advertisers could be using mobile games to build profiles about your kids

CBC Business News - Fri, 2025-03-07 01:00

A Marketplace investigation has pulled back the curtain on how some mobile games, which seem to attract children, use loopholes in rules protecting kids’ data — allowing marketers to build advertising profiles tailored to them, which can then be more effective at influencing their behaviour.

Categories: Business News

‘Stuck between Trump and a hard place’: Tariff backtrack only provides relief for some

Financial Post TopStories - Thu, 2025-03-06 18:53
Trump’s latest move means that certain goods from Canada and Mexico will not face tariffs until April 2
Categories: Business News

7-Eleven owner names new CEO, plans to go public as it fights takeover bid by Quebec's Couche-Tard

CBC Business News - Thu, 2025-03-06 11:39

Japan's Seven & i Holdings, the parent company of the 7-Eleven convenience store chain, has named a new CEO and plans to sell billions in assets as it tries to fend off a takeover bid from a Canadian rival.

Categories: Business News

Pipeline operator South Bow says tariffs could create challenges in its marketing segment

CBC Business News - Thu, 2025-03-06 11:27

The oil pipeline operator that was spun off from TC Energy last year says its marketing segment faces pressures from 10 per cent tariffs on energy exports to the United States.

Categories: Business News
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