27 h. ago BRP signs deals to sell bulk of boat business in drive toward pure

MONTREAL — BRP Inc. has signed a pair of deals to sell the bulk of its boat business, as the Ski-Doo maker continues its push to become a pure-play powersports company. On Tuesday morning, BRP announced an agreement to sell Telwater, Australia’s biggest manufacturer of aluminum boats, to a subsidiary of Japan’s Yamaha Motor Co. […]

Economics

5 d. ago CK Hutchison Will Delay Signing Panama Ports Deal, Media Say

Billionaire Li Ka-shing, Hong Kong’s most famous tycoon, won’t go ahead with the expected signing next week of a controversial deal to sell his Panama Canal ports to a consortium including BlackRock Inc., according to media reports.

Other

5 d. ago Gold Rises to Record as Trade War Concerns Drive Haven Demand

Gold rose to a record as concerns about a widening trade war remained front of mind for investors, after President Donald Trump pushed ahead with US tariffs on all auto imports.

Economics

2 w. ago Hong Kong’s leader swipes at Trump but avoids criticism of tycoon’s deal to sell Panama Port assets

HONG KONG (AP) — Hong Kong’s leader has waded into a controversy over a prominent conglomerate’s decision to sell its Panama Canal port assets to a consortium including American investment bank BlackRock Inc., a deal that has angered Beijing and highlights how escalating tensions between Beijing and Washington can leave the Chinese financial center’s business […]

Politics

3 w. ago The Citation Group Appoints Dave Lacey as New CEO of Citation Canada

HR and health & safety leader brings fresh perspective to drive innovation and strengthen Canadian businesses amid shifting economic conditions TORONTO — The Citation Group, a global leader in compliance software and services, is proud to announce the appointment of Dave Lacey as CEO of Citation Canada. Amid evolving economic conditions and increasingly complex business […]

Other

4 w. ago Tariffs on Canadian crude to drive up pump prices in U.S., analyst says

CALGARY — A gas price analyst says motorists in some U.S. regions can expect to take a hit at the pump thanks to tariffs on Canadian oil imports. U.S. President Donald Trump has pressed ahead with a 10 per cent levy on energy as well as across-the-board 25 per cent tariffs on all other goods […]

Economics

4 w. ago Trump Tariffs to Drive Canada Into Recession, Cause Price Spike

Canada’s economy is headed for a contraction — the first since the Covid-19 crisis — if a tariff war with its largest trading partner lasts for long.

Economics