Âé¶¹ÊÓÆµ

Skip to content

National Business

TSX rises, U.S. markets mixed after more tariffs take effect, BoC cuts rate

TSX rises, U.S. markets mixed after more tariffs take effect, BoC cuts rate

TORONTO — Canada's main stock index rose Wednesday while U.S. markets were mixed, after 25 per cent tariffs on U.S. imports of steel and aluminum officially kicked in and the Bank of Canada cut its key lending rate by a quarter-point to 2.
U.S. trade 'crisis' will drive up prices, Bank of Canada warns after rate cut

U.S. trade 'crisis' will drive up prices, Bank of Canada warns after rate cut

OTTAWA — Prices will rise, the economy will suffer and the Bank of Canada can't lower interest rates enough to shield Canadians from the worst impacts of a prolonged trade war with the United States.
Wall Street rises after encouraging inflation data, but the trade war keeps batting stocks around

Wall Street rises after encouraging inflation data, but the trade war keeps batting stocks around

NEW YORK (AP) — U.S. stocks mostly rose after getting some relief from an encouraging inflation update. But even on a rare up day for the market, President Donald Trump’s trade war still knocked stocks around. The S&P 500 climbed 0.
Takeaways on tariffs, jobs and more from the Bank of Canada interest rate decision

Takeaways on tariffs, jobs and more from the Bank of Canada interest rate decision

The Bank of Canada cut its key interest rate for the seventh time in a row on Wednesday, bringing it to 2.75 per cent.
Status of Northvolt's Quebec battery plant unclear amid parent company's bankruptcy

Status of Northvolt's Quebec battery plant unclear amid parent company's bankruptcy

MONTREAL — It's unclear whether Northvolt North America's electric vehicle battery plant project in Quebec will proceed after its parent company filed for bankruptcy in Sweden on Wednesday.
Ford talks to Carney, premiers ahead of trade meeting in Washington

Ford talks to Carney, premiers ahead of trade meeting in Washington

TORONTO — Ontario Premier Doug Ford and federal Finance Minister Dominic LeBlanc suggested Wednesday they want to come out of a meeting with a top U.S. official with a "coherent plan" for the tariff road ahead.
Newcomers Daniel Jebbison, Promise David make Canada's CONCACAF Nations League roster

Newcomers Daniel Jebbison, Promise David make Canada's CONCACAF Nations League roster

Jesse Marsch lists off players who didn't make Canada's roster for the CONCACAF Nations League Finals, citing Nathan Saliba, Theo Bair, Kamal Miller and Jayden Nelson.
Trump vows to take back 'stolen' wealth as tariffs on steel and aluminum imports go into effect

Trump vows to take back 'stolen' wealth as tariffs on steel and aluminum imports go into effect

WASHINGTON (AP) — President Donald Trump openly challenged U.S.
In America's 'most Canadian town,' Trump's trade war wounds wallets and hearts

In America's 'most Canadian town,' Trump's trade war wounds wallets and hearts

The tiny community of Point Roberts is a little bit of America, firmly fixed to British Columbia.
From soup cans to airplanes, steel and aluminum are a fundamental part of American life

From soup cans to airplanes, steel and aluminum are a fundamental part of American life

Steel and aluminum are ubiquitous in Americans' lives. A stainless steel refrigerator holds aluminum soda cans. A stainless steel drum tumbles inside an aluminum washing machine.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks