29 h. ago Tariff war draws investment warning from $160 billion novo fund

(Bloomberg) — The $160 billion fund behind Ozempic-maker Novo Nordisk A/S says President Donald Trump’s tariff war has created so much economic uncertainty that it now sees little likelihood it will move ahead with any big investments. “Until there is more clarity on the prospects for economic growth, we will slow down our investment activities,” […]

Economics

36 h. ago The $160 Billion Fund Behind Novo Nordisk Puts Investing on Hold

The $160 billion fund behind Ozempic-maker Novo Nordisk A/S says President Donald Trump’s tariff war has created so much economic uncertainty that it now sees little likelihood it will move ahead with any big investments.

Economics

4 d. ago Tech Thursday Expands to Ottawa and Edmonton, Launching National Footprint Across Four Canadian Tech Hubs

CALGARY, Alberta — Tech Thursday, a weekly tech event series that hosts events in Winnipeg and Calgary, is proud to announce its expansion into Ottawa and Edmont on, on May 1st, 2025, and May 8th, 2025 respectively. With the addition of these new cities, Tech Thursday now operates in four markets — with a special […]

Society

4 d. ago Tokyo Inflation Quickest in Two Years as Rice Prices Soar 93%

The pace of inflation in Tokyo accelerated from the previous month to the fastest pace in two years, supporting the Bank of Japan’s rate-hike stance that is now complicated by uncertainty stemming from US tariff measures.

Economics

5 d. ago Lindt stockpiling chocolate in Canada amid tariff uncertainty

Chocolate maker Lindt & Sprungli says it’s increasing its stockpiles of product in Canada amid uncertainty over the unfolding tariff situation with the U.S. President Donald Trump enacted tariffs on Canada and Mexico earlier this year, only to delay some of them shortly after, and more recently imposed sweeping tariffs on many countries before delaying […]

Economics

5 d. ago US Green Steel Startup Raises $129 Million Amid Trump Tariff Uncertainty

Trump's steel tariffs are meant to promote US production. That hasn’t spurred Colorado-based startup, whose technology produces iron without planet-warming emissions, to build its first commercial plant in the US yet.

Economics

5 d. ago Asia shares trade mixed as uncertainty persists over Trump’s tariff plans

TOKYO (AP) — Asian shares traded mixed Thursday, as worries crept back following a Wall Street rally that came after President Donald Trump appeared to back off his criticism of the Federal Reserve and his tough talk in his trade war. Japan’s benchmark Nikkei 225 added nearly 0.9% in morning trading to 35,168.80. Australia’s S&P/ASX […]

Economics

6 d. ago U.S. trade policies cast shadow of uncertainty over Canadian forestry industry

U.S. President Donald Trump’s shifting trade policies are creating uncertainty for the Canadian forestry industry. Sean McLaren, president and chief executive of West Fraser Timber Co. Ltd., says the potential inflationary effects of tariffs could weigh on future demand. “Looking forward, we see considerable macroeconomic uncertainty, particularly stemming from the U.S. administration’s evolving tariff policies,” […]

Economics

7 d. ago Is it time for Canada to relax restrictions on foreign buyers and investment in real estate?

Tariff uncertainty has stalled already tepid activity in the pre-sales market, reigniting talk about the pros and cons of foreign buyer rules

Other

7 d. ago GE Aerospace Keeps Outlook in Bet Demand Overcomes Trade Worries

General Electric Co. reaffirmed its full-year financial outlook as first-quarter profit came in better than expected, shrugging off the uncertainty that President Donald Trump’s tariff war has created across much of corporate America.

Economics

1 week ago Kinaxis Launches Tariff Response Solution to Help Supply Chains Adapt to Disruption with Confidence

New solution simulates tariff impacts, aligns teams, and enables action in under three weeks OTTAWA, Ontario — As ongoing tariff pressures and trade uncertainty continue to reshape global supply chains, Kinaxis® (TSX:KXS), the leader in real-time supply chain orchestration, today launched Kinaxis Tariff Response – a new offering that helps companies simulate tariff exposure, run […]

Economics

2 w. ago Tariff uncertainty foils ’slam dunk rebound year’ for national home sales: CREA

The Canadian Real Estate Association has downgraded its forecast for home sales activity in 2025, while the number of homes that changed hands across the country in March was down 9.3 per cent compared with a year ago. The association says Canadian home sales in March also fell 4.8 per cent on a seasonally adjusted […]

Society

2 w. ago Spain’s prime minister visits China to strengthen ties with Trump’s top tariff target

MADRID (AP) — Spain’s Prime Minister Pedro Sanchez is visiting China on Friday, his third trip to the country in two years as his government seeks to boost investment from the Asian giant amid global economic uncertainty caused by a chaotic U.S. tariff policy. Sanchez met with Chinese President Xi Jinping and was expected to […]

Politics

2 w. ago Calgary event centre on schedule despite tariff uncertainty — but will that last?

"I think what's important is that as of today, we're on time and on budget, and tariffs haven't impacted this project," said Event Centre committee chair Sonya Sharp.

Economics

2 w. ago Mexican Central Bank Says US Trade Tariffs Can Undercut Economic Growth Outlook

Mexico central bank members see odds of a weaker economy this year due in part to US tariff uncertainty, an outlook that incorporates greater chances of recession but can help tame inflation.

Economics

2 w. ago Letters April 10, 2025: ‘The attendance at Carney’s Calgary event was impressive.’

What a crowd! It was impressive to see the overflow crowd of supporters that Mark Carney was able to attract during the Calgary Liberal rally. The 13,646 square foot Red and White venue was filled to capacity, plus some overflow. I believe the capacity of that venue is around 900. Taking away the three Liberal […]

Culture

3 w. ago Bank of Canada April rate cut still in play as job market weakens, economists say

Tariff uncertainty to continue to weigh on economy and hiring

Other

3 w. ago Toronto Wants to Woo Foreign Listings Despite Trump Market Chaos

The head of the Toronto Stock Exchange is counting on recent market volatility to sway some companies towards listing in Canada this year, even as tariff-fueled uncertainty dries up risk appetite across the globe.

Other

3 w. ago Atlantic premiers hold the line on retaliatory measures, citing tariff uncertainty

Premiers in the Atlantic region say economic uncertainty remains even though Canada was left out of the latest round of global U.S. tariffs.

Economics

3 w. ago Here's why Metro Vancouver's presale condo market continues to struggle

There was hope lower interest rates would lead to a recovery but any gains were short-lived, with the uncertainty of the tariff situation now hurting sales

Other