9 h. ago BoC reports show trade uncertainty takes toll on business and consumer confidence

OTTAWA — A pair of reports from the Bank of Canada pointed to declining business and consumer sentiment in the first quarter as the uncertainty over U.S. tariffs took their toll. The central bank’s business outlook survey said Monday that 32 per cent of firms are now planning with the assumption that a recession will […]

Economics

5 d. ago Trump’s tariffs have launched global trade wars. Here’s a timeline of how we got here

NEW YORK — Long-threatened tariffs from U.S. President Donald Trump have plunged the country into trade wars abroad — all while on-again, off-again new levies continue to escalate uncertainty. Trump is no stranger to tariffs. He launched a trade war during his first term, taking particular aim at China by putting taxes on most of […]

Economics

6 d. ago Roger Daltrey, lead singer of The Who, says he’s going deaf, blind

More than 60 years on stage as part of one of the world's most successful rock bands has taken its toll on the singer.

Other

6 d. ago edatanetworks Inc. Enhances Patent Portfolio in Voice for Community at USPTO

EDMONTON, Alberta — edatanetworks Inc. announced today the approval of patent 18/401,429 from the United States Patent and Trademark Office (USPTO). This patent further enhances edatanetworks’ patent protection linking voice with loyalty. Patent 18/401,429 describes an ecosystem where consumers can use a voice assistant to discover local near-by businesses that care. These businesses commit to […]

Other

7 d. ago ECB’s Lagarde Says Keeping Inflation in Check Is a ‘Constant Battle’

President Christine Lagarde said that the European Central Bank can’t relent on inflation, with the US administration’s trade policy creating uncertainty.

Economics

1 week ago Here's how grocery prices have changed at Walmart in Toronto between 2024 and 2025

Does it feel like you're paying more for groceries? You're not imagining it. But while some prices at Walmart Canada went up in the last year, some items actually got cheaper.Canada's Food Price Report (CFPR) had forecast that food prices would increase by 3 per cent to 5 per cent in 2025. The report states that an average Canadian family of four is expected to spend $16,833.67 on food this year — up $801.56 from 2024.According to the report, Canadians are likely to see the most significant price increases in categories such as bakery, dairy, meat, restaurants and vegetables, up from 4 per cent to 6 per cent.Meanwhile, wages can't seem to keep up. The federal minimum wage is scheduled to increase by 45 cents on April 1 from $17.30/hour to $17.75 per/hour — a 2.4 per cent increase.And this year, a U.S.-Canada trade dispute has resulted in uncertainty across several industries.We wanted to see how prices in April 2024 compare to the curre...

Economics

1 week ago US Consumer Spending Barely Rises, Key Inflation Gauge Picks Up

Consumer spending was weaker than expected again in February while a key inflation metric picked up, in a double whammy for the economy before the brunt of tariffs.

Economics

1 week ago RBC says winning the ‘AI arms race’ key to future growth despite trade war uncertainty

Canada's largest bank holds first Investor Day event since 2018

Economics

1 week ago India’s Heat Waves Fuel Air Conditioner Sales, Defying Consumer Slowdown

India’s air conditioner makers are expecting a sales boom as historic heat, and forecasts of more hot weather to come, boosts demand for cooling systems.

Other

1 week ago Xi Woos Global Business Leaders as Trump Intensifies Trade War

Chinese President Xi Jinping vowed to improve market access at a meeting with a group of global business leaders in Beijing, in an effort to boost investor sentiment as rising tariffs fuel uncertainty for the economy and international trade.

Economics

1 week ago Lululemon sees more ‘modest’ growth in U.S. as consumers turn cautious

Lululemon Athletica Inc. is expecting modest growth in its U.S. business this year, with consumers pleased with the clothing retailer’s fresh offerings but cautious about the economy. Chief executive Calvin McDonald told a quarterly conference call Thursday that the company has done some polling with Ipsos that suggests U.S. customers are spending less due to […]

Other

1 week ago ECB’s Guindos Says It’s Too Soon to Predict April Rate Decision

It’s too early to say whether the European Central Bank should cut interest rates again next month or pause as global trade friction and government spending plans in Europe fuel uncertainty, Vice President Luis de Guindos said.

Other

1 week ago China Adviser Urges Boosting Consumption to 70% of GDP by 2035

China should raise consumption to a level close to those of developed countries in the next decade, a government adviser said, adding to calls to rebalance the world’s second-largest economy away from investment and export.

Other

2 w. ago Trade uncertainty expected to weigh on real estate's busiest season

With supply pushing up, the conditions are relatively good news for first-time buyers, says realtor Doug Koop.

Economics

2 w. ago ‘We are not backing down’: Manitoba budget aims to tackle U.S. tariff threats

Manitoba's 2025 budget comes amid an ongoing trade war with the United States, and the continuing uncertainty over U.S. president Donald Trump's tariffs looms large.

Economics

2 w. ago Defence investments will be winners in Trump world: Teachers’ CEO

Trade wars and geopolitical unrest injecting uncertainty, hard choices into the investing game for pensions

Events

2 w. ago Why fixing the housing crisis is key to mitigating economic fallout from the current tariff uncertainty 

As provincial and federal governments work to mitigate the impacts and economic uncertainty caused by the present trade dispute and resulting tariffs, there are three factors that they need to keep in mind.  First, the GTA desperately needs more housing. Second, building more housing for Canadians creates domestic jobs, economic activity and supports industries from […]

Economics

2 w. ago Made in Toronto soda is the alternative to U.S. brands we need right now

As trade tensions between Canada and the U.S. continue to escalate, many Canadians are increasingly turning to local alternatives over American-made products.From produce to coffee and even sodas, it seems like more and more folks are choosing homegrown options in the face of rising tariffs and trade uncertainty.With U.S. tariffs on steel and aluminum already in place, new "global tariffs" are expected to hit on April 2, which are predicted to come in the form of reciprocal tariffs on trading partners that U.S. President Trump has been threatening for several weeks.At a time when the need for Canadian-made products has never been greater, Solly's Craft Soda, which is brewed in Toronto, is emerging as a refreshing alternative to U.S. prebiotic soda brands like Poppi (recently purchased by U.S. conglomerate PepsiCo) and Olipop.Solly's Craft Soda, created by Toronto-based Henderson Brewing Company, is an all-natural, non-GMO, low-sugar, prebiotic soda that is sweete...

Other

2 w. ago Consumers could find ’meaningful savings’ as carbon price ends: Desjardins

OTTAWA — Canadians can expect to feel the absence of the consumer carbon price at the pumps immediately but it may take longer to notice a difference in the price of other goods, a new report released Wednesday suggests. The analysis by Desjardins Economics comes less than a week after Prime Minister Mark Carney and […]

Economics

3 w. ago Oil Advances After China Lays Out Steps to Boost Consumption

Oil rose for a second day after China, the world’s biggest importer, said it would take steps to revive consumption by boosting incomes.

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