7 h. ago BOE’s Lombardelli Voted to Cut Rates as ‘Insurance’ Against Trade Wars

Bank of England Deputy Governor Clare Lombardelli said growth in UK wages and services prices is still too high to be consistent with bringing inflation back to the 2% target but she voted to cut interest rates last week to provide “insurance” against the risk of an economic slowdown caused by global trade wars.

Economics

21 h. ago Toyota Faces Biggest Hit From Trump Tariffs Among Auto Companies

Toyota Motor Corp. is the biggest carmaker in the world — and also the auto industry’s biggest loser when it comes to projected losses from US President Donald Trump’s trade war.

Economics

21 h. ago Toyota Faces Biggest Hit From Trump Tariffs Among Automakers

Toyota Motor Corp. is the biggest carmaker in the world — and also the auto industry’s biggest loser when it comes to projected losses from US President Donald Trump’s trade war.

Economics

25 h. ago Trump’s Thirst for Cheap Oil Irks an Industry He Loves to Praise

Terrel Hardin was at a diner along Route 66 in western Oklahoma when his phone rang with bad news: The engine on one of his oil rigs had broken. In times past it would be a straightforward $6,000 fix, but President Donald Trump’s trade war has upended supply chains, and he wasn’t sure the part would even be available.

Other

55 h. ago Mr. Carney goes to Washington: FP Video unpacks the meeting and where tariffs go from here

Watch CEOs, executives and a lawyer on what could happen next in the trade war

Economics

2 d. ago Rising unemployment a ‘harsh reality’ of the trade war, experts say

Canada's job market continues to show weakness amid the trade war and companies are slowly shedding jobs to reduce the financial impacts of tariff policies.

Economics

2 d. ago Air Canada lowers financial forecast as U.S. bookings fall sharply amid trade war

MONTREAL — Air Canada lowered its financial forecast for the year as travellers continue to shy away from trips to the United States amid cross-border tensions, pushing the country’s largest airline to hunt for demand elsewhere. The company’s transborder bookings have dropped at least 13 per cent — “in the low teens” — for the […]

Economics

3 d. ago Looking to buy a house in Canada amid trade war? What RBC report is telling us about the real estate market

Trade war anxiety and a looming threat of recession have led to notable shifts, according to economists

Economics

3 d. ago Unemployment rate rises to 6.9% in April as trade war hits factory jobs

OTTAWA — The national unemployment rate ticked up to 6.9 per cent in April as the manufacturing sector started to strain under the weight of tariffs from the United States, Statistics Canada said Friday. The Canadian economy added 7,400 jobs last month, the agency said, slightly outpacing economist expectations for a gain of 2,500 positions. […]

Economics

3 d. ago Trump floats cutting China tariffs to 80% ahead of meeting as he looks to deescalate trade war

WASHINGTON (AP) — President Donald Trump on Friday floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting as he looks to deescalate the trade war. Top U.S. officials are set to meet with a high-level Chinese delegation this weekend in Switzerland in the first major talks between the two nations […]

Economics

3 d. ago Air Canada Lowers 2025 Outlook as Travel to US Cities Declines

Air Canada trimmed its profit forecast for 2025 as President Donald Trump’s trade war slows the economy and discourages some Canadians from traveling to the US.

Other

3 d. ago Germany’s DAX Index Heads for Record, Erasing Tariff Retreat

Germany’s DAX Index became the first European gauge to surpass its March record high, recouping all declines sparked by US President Donald Trump’s trade war.

Economics

3 d. ago Germany’s DAX Index Hits Record High After Tariffs Round Trip

Germany’s DAX Index became the first major European gauge to surpass its March record high, recouping all declines sparked by US President Donald Trump’s trade war.

Economics

3 d. ago U.S. and Canadian Trade War Goes Full Contact: Zone·ify Presents a TNA Produced Wrestling Event “The Border Brawl”– Where Diplomacy Ends and Body Slams Begin

“The Border Brawl” will stream live on May 25 from the Canada / USA border in Niagara Falls, Canada, exclusively for free on Zone·ify The event features wrestling icons Brutus “The Barber” Beefcake, “The Mountie” Jacques Rougeau, Barbie Blank “Kelly Kelly,” UFC’s Quinton “Rampage” Jackson, and many others Starting next week, tickets will be on […]

Economics

3 d. ago Could trade war curtail B.C. fans visiting Blue Jays series in Seattle this weekend?

Mariners rep admits that “we’ve heard anecdotally that less fans are making the trip from Canada this year"

Economics

3 d. ago Is the trade war stopping B.C. fans from seeing the Blue Jays in Seattle this weekend?

Mariners rep admits that “we’ve heard anecdotally that less fans are making the trip from Canada this year"

Economics

3 d. ago Trump claims the U.S. subsidizes Canada – experts say numbers don’t add up

Newly-elected Canadian Prime Minister Mark Carney visited the White House on Tuesday in search of common ground during an ongoing trade war that has shattered decades of trust between the his country and the U.S. Although the conversation was civil, President Donald Trump repeated erroneous rhetoric about how the U.S. provides Canada with billions of […]

Other

3 d. ago Auto Parts Maker Linamar Emerges as Surprise Winner From Trump’s Tariffs

Canadian auto parts maker Linamar Corp., once thought to be a casualty of President Donald Trump’s tariffs on cars and metals, says it’s now a possible beneficiary of the trade war.

Economics

4 d. ago Canada’s housing market is ‘cracking’ under Trump’s trade war: report

The sharpest pullback in people getting into the housing markets has been in southern Ontario and British Columbia, RBC economist Robert Hogue said.

Economics

4 d. ago How Trade War Can Elevate Mortgage Stress in Canada in Three Charts

The Bank of Canada warned that a severe and long-lasting global trade war may cause more mortgage borrowers to fall behind on their payments — even beyond levels reached in the global financial crisis.

Economics