6 d. ago RBC scraps sustainable finance commitment, holds back on disclosures

TORONTO — Canada’s largest bank said Tuesday that it has scrapped one of its flagship climate commitments and is holding back on publicizing other climate progress in part because of new rules around greenwashing. In its latest sustainability report, RBC said that it has dropped its target of facilitation $500 billion in sustainable financing after […]

Other

6 d. ago Automakers get some relief on 25% tariffs as Trump signs new executive order

'We just wanted to help them endure this little transition, short term if they can’t get parts we didn’t want to penalize them'

Economics

1 week ago HGreg relaunches its “Buy a car, plant a tree” for the 9th year in a row

MONTREAL — HGreg is relaunching its “Buy a car, plant a Tree” campaign for the ninth year running, in partnership with Tree Canada. For one month, the company will plant a tree for every car sold throughout the HGreg network. Last year, 2,072 trees were planted as part of this initiative, bringing the total number […]

Transport

2 w. ago Honda shifting some production from Japan to U.S. in latest response to tariffs

ALLISTON — Honda says it’s shifting some vehicle production from Japan to the U.S. in the latest example of automakers working to adapt to new tariffs. Company spokesman Chris Abbruzzese said Honda currently produces the Civic hatchback hybrid both in Indiana and Japan, but later this year it will be produced only at the Indiana […]

Economics

2 w. ago Ottawa says automakers that keep manufacturing in Canada will get a tariff exemption

WASHINGTON — Automobile companies that continue to manufacture vehicles in Canada will receive an exemption from Ottawa’s retaliatory tariffs as U.S. President Donald Trump attempts to upend the North American industry through steep import duties. Federal Finance Minister Francois-Philippe Champagne announced Tuesday that auto manufacturers will be allowed to import a certain number of U.S.-assembled […]

Economics

2 w. ago Canada Scraps Tariffs for Automakers That Keep Plants Running

Canadian Prime Minister Mark Carney said his government will allow automakers to import US-manufactured cars and trucks without tariffs, as long as the companies keep making vehicles in Canada.

Economics