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Updated: 58 sec ago

Deadline for TikTok sale extended by 75 days, as Trump vows to work with China

4 hours 3 min ago

U.S. President Donald Trump extended a deadline by 75 days for Chinese technology company ByteDance to sell U.S. assets of popular short video app TikTok to a non-Chinese buyer or face a ban that was supposed to have taken effect in January under a 2024 law.

Categories: Business News

As U.S. tariffs roil markets, Canadian businesses build on European ties at world trade fair

7 hours 36 min ago

Thousands of businesses convened on Hanover Germany this week for one of the largest industrial technology fairs in the world at a time when many nations, including Canada, are trying to adapt to U.S. tariffs and protectionism.

Categories: Business News

Markets plunge worldwide for a second day straight following China's tariff retaliation

7 hours 58 min ago

The worldwide sell-off for financial markets slammed into an even higher, scarier gear on Friday after China matched U.S. President Donald Trump's big raise in tariffs in an escalating trade war, with markets facing their worst crisis since the COVID crash. 

Categories: Business News

Canada lost 33,000 jobs in March as unemployment rate rose slightly to 6.7%

10 hours 21 min ago

Statistics Canada says this is the biggest monthly job loss since January 2022, and comes as the U.S. posts unexpectedly high job gains.

Categories: Business News

A reprieve for snowbirds? Trump administration sued over traveller registration requirement

15 hours 18 min ago

Immigration advocates are suing the Trump administration over its coming registration requirement for non-U.S. citizens staying longer than 29 days, offering a possible reprieve for Canadian snowbirds.

Categories: Business News

Digging into the 'insane' formula the White House used to calculate its tariffs

Thu, 2025-04-03 17:30

U.S. President Donald Trump showed off a giant chart on Wednesday full of new “reciprocal” tariffs, which start at 10 per cent and grow steeper for countries with larger trade deficits with the U.S. But experts quickly noticed that these numbers don't add up. So what are these tariffs actually based on?

Categories: Business News

Suffering from a case of tariff whiplash? Here's what you need to know

Thu, 2025-04-03 14:00

The Trump administration announced a new suite of trade measures on dozens of countries Wednesday. Here are answers to some frequently asked tariff questions.

Categories: Business News

Trump wants to upend the entire global order. Can he stomach the price tag?

Thu, 2025-04-03 12:43

On the one hand, the U.S. president wants to upend 70 years of global trade and fundamentally change the way the world does business. But in handing out exemptions and carve-outs, he’s trying to do that in a way that doesn’t cause much pain for American businesses and consumers.

Categories: Business News

Global stock markets reeling following Trump's tariffs shock

Thu, 2025-04-03 04:13

S&P 500, Dow Jones and Nasdaq indexes are all down after U.S. President Donald Trump announced harsher-than-expected tariffs on American trading partners.

Categories: Business News

Rogers, NHL have agreed to another broadcast deal. What will that mean for how you watch the game?

Thu, 2025-04-03 01:00

An $11-billion exclusive deal between Rogers and the NHL announced today gives the telecommunications company the rights to broadcast hockey games across the country for the next 12 years. Rogers promises fewer regional blackouts and says a continuation of its streaming deal with Amazon is a “strong possibility.”

Categories: Business News

'A real sense of betrayal' among workers as Stellantis plans to idle Windsor, Ont., plant due to tariffs

Wed, 2025-04-02 18:55

The Windsor Assembly Plant in southwestern Ontario will be down, with workers off the job for the next two weeks.

Categories: Business News

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

Wed, 2025-04-02 14:55

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

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

Wed, 2025-04-02 13:27

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

Wed, 2025-04-02 13:13

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

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

Wed, 2025-04-02 07:40

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

Looking to buy a car? Expect higher prices under U.S. auto tariffs

Wed, 2025-04-02 01:00

The 25 per cent tariffs from the U.S. going 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

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

Trump administration lists Quebec language law Bill 96 as trade barrier

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

Hooters, known for skimpy server outfits, files for bankruptcy protection

Tue, 2025-04-01 06:49

Hooters, the U.S.-based restaurant chain known for chicken wings and 'Hooters Girls' in skimpy wait-staff outfits, has filed for bankruptcy protection.

Categories: Business News

Trump's auto tariffs will lead to autoworker pain, 2 Michigan business groups say

Tue, 2025-04-01 04:40

Increased costs would cause "significant disruption throughout the supply chain," according to the Detroit Regional Chamber and MichAuto, an automotive and mobility association.

Categories: Business News

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