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Steel industry, labour leaders call for government action as U.S. tariffs spike
TORONTO — Canada's steel industry needs the federal government to take swift action as it faces an existential threat from steeply increased U.S. tariff, said Catherine Cobden, head of the Canadian Steel Producers Association.
Jun 4, 2025 2:13 PM
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Wall Street drifts following some discouraging updates on the economy
NEW YORK (AP) — U.S. stocks drifted through a quiet day of trading as Wall Street’s momentum slowed following its big recent rally. The S&P 500 was essentially flat Wednesday and is within 2.8% of its all-time high.
Jun 4, 2025 2:06 PM
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Inflation volatility, tariff uncertainty keep Bank of Canada sidelined
OTTAWA — The unpredictability of the United States' trade war and signs of creeping inflation kept the Bank of Canada's interest rate on hold for a second consecutive decision on Wednesday — even as the central bank braces for an economic hit.
Jun 4, 2025 1:57 PM
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BC Hydro seeks baseload power boost from stable sources
VANCOUVER — British Columbia's power utility has begun the process to boost the province's baseload electricity generation capacity in a bid to meet the province's growing demand from residents and industries.
Jun 4, 2025 1:45 PM
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Telecom networks increasingly vulnerable to cyberattacks, experts warn
TORONTO — Technology experts say telecommunications networks are increasingly susceptible to security threats and that companies should leverage artificial intelligence to help protect their infrastructure.
Jun 4, 2025 1:21 PM
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Competition Bureau urges retailers and landlords to drop property controls
OTTAWA — The Competition Bureau is urging retailers and landlords to drop or change competitor property controls that are not justified even if they do not raise issues under the Competition Act.
Jun 4, 2025 11:00 AM
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Greater Toronto home sales fall 13.3 per cent in May as inventory levels rise: board
TORONTO — Home sales in the Greater Toronto Area remained weak in May while inventory levels were up — giving more negotiating leverage to potential homebuyers.
Jun 4, 2025 10:59 AM
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Auto sales up 7.9% in May, market remains resilient in face of tariffs: DesRosiers
DesRosiers Automotive Consultants Inc. says the auto market remained resilient last month as sales were up 7.9 per cent year-over-year despite trade disruptions in the auto industry.
Jun 4, 2025 10:37 AM
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Canadian telecom sector gathers for annual summit as report touts industry investment
TORONTO — Leaders in Canada's telecommunications sector are urging policymakers to make it more attractive for companies to invest in improved infrastructure, as a new report says sustained spending by carriers is key to boosting economic growth.
Jun 4, 2025 10:11 AM
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Wildfires force Hudbay Minerals to suspend work at Snow Lake mine in Manitoba
TORONTO — Hudbay Minerals Inc. says wildfires burning in northern Manitoba have forced it to suspend work at its Snow Lake mine.
Jun 4, 2025 9:59 AM
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