27 m. ago ‘Walking on a tightrope’: Deloitte predicts downturn for Canadian economy

According to the report, Canada’s economy is expected to take experience a 'modest downturn' over the second and third quarters of the year.

Other

61 m. ago Stock markets drop on news that U.S. economy shrank amid tariffs

Such data raises the threat of a worst-case scenario called 'stagflation,' one where the economy stagnates yet inflation remains high.

Economics

71 m. ago How U.S. tariff uncertainty weighed on Bank of Canada’s latest rate move

The Bank of Canada is growing more cautious about interest rate policy as U.S. President Donald Trump's tariffs take effect on the economy, according to the latest report.

Economics

84 m. ago B.C. home sales forecast to fall further over uncertainty about economy

The BCREA says residential sales in B.C. are expected to fall by 1.1 per cent this year as tariff threats cause uncertainty with buyers.

Other

1 hour ago Bank of Canada considered cutting interest rate in April as Trump tariffs roiled markets

Summary of minutes shows some policymakers wanted more information on tariffs and their potential impact

Economics

2 h. ago The Future is Here: Visa Announces New Era of Commerce Featuring AI

Global leader brings its trusted brand and powerful network to enable payments with new technologies Launches new innovations and partnerships to drive flexibility, security and acceptance SAN FRANCISCO — The future of commerce is on display at the Visa Global Product Drop with powerful AI-enabled advancements allowing consumers to find and buy with AI […]

Other

4 h. ago Weak GDP report tied to tariffs has Trump trying to blame Biden on the state of the economy

WASHINGTON (AP) — President Donald Trump got worrisome news on Wednesday about how the U.S. economy is battening down for potential fallout from his tariffs — and he was quick to try to pin the blame on his Democratic predecessor, Joe Biden. The government reported that the U.S. economy shrank at an annual rate of […]

Politics

4 h. ago ‘Real drama now begins’ as economists predict zero growth ahead off a waning first quarter

Future interest rate decisions by the Bank of Canada will be no easy matter

Culture

4 h. ago US Consumer Spending Jumps While Key Inflation Gauge Slows Down

US consumer spending jumped in March while a key measure of inflation decelerated, a welcome reprieve before tariffs are expected to broadly drive up prices.

Economics

5 h. ago Trump Says He’s Off to Best Start as President. The Economy Says Something Else

Trump’s second term begins with a decline in US GDP, while jobs and prices hold steady. On almost all fronts, the outlook is getting worse.

Culture

5 h. ago NYC lost $9 billion of income to Miami, Palm Beach in five years

(Bloomberg) — A net 30,000 New Yorkers fled the city for Florida’s Palm Beach and Miami-Dade counties in the five years through 2022, taking with them a combined $9.2 billion in income, a new report shows. The two Florida counties gained households earning well above six figures, according to the report released Wednesday by the […]

Economics

6 h. ago US inflation cools and Americans step up spending as they brace for tariff impact

WASHINGTON (AP) — A closely watched inflation gauge cooled last month in a sign that prices were steadily easing before most of President Donald Trump’s tariffs were implemented. At the same time, consumers accelerated their spending, particularly on cars, likely in an effort to get ahead of the duties. Wednesday’s report from the Commerce Department […]

Economics

6 h. ago U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt businesses

The U.S. economy shrank at a 0.3% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business. First-quarter growth was slowed by a surge in imports as companies in the United States tried to bring in foreign goods before Trump imposed massive tariffs. The January-March […]

Economics

7 h. ago Economy shrunk 0.2% in February, StatCan estimates 1.5% annualized growth for Q1

OTTAWA — Statistics Canada says the Canadian economy contracted in February but early signs suggest moderate growth in March. The agency says real gross domestic product decreased 0.2 per cent in February. That was driven by a 0.6 per cent decline for goods-producing industries, with mining, quarrying, and oil and gas extraction and construction contributing […]

Other

7 h. ago UPS set to lay off 20,000 workers as it reduces business with Amazon

UPS said Tuesday that it expects to cut 20,000 jobs this year and close 73 buildings in the next two months, as the company reduces its business with Amazon and faces wider economic uncertainty. The shipping giant said in its first quarter earnings news release that the moves were expected to save $3.5 billion this […]

Society

7 h. ago CEMATRIX To Report First Quarter 2025 Results on May 7, 2025 Earnings Webinar Scheduled for 1:00 p.m. ET, May 8, 2025

CALGARY, Alberta, April 30, 2025 (GLOBE NEWSWIRE) — CEMATRIX Corporation (TSX: CEMX) (OTCQB:CTXXF) (“CEMATRIX” or the “Company“), a specialty construction contractor that produces cellular concrete solutions on site and is a leading manufacturer and supplier of cellular concrete in North America today announced that it will release its consolidated financial results for the first quarter […]

Culture

8 h. ago Loblaw says Q1 profit up amid strength in customer response to offers

Loblaw Companies Ltd. reported its first-quarter profit rose compared with a year ago as the company saw strong customer response to loyalty offers and promotions. The parent company of Loblaws and Shoppers Drug Mart says its net earnings available to common shareholders amounted to $503 million or $1.66 per diluted share for the quarter ended […]

Economics

9 h. ago HILL and LI: Texas outperforms Alberta on personal income tax competitiveness

Amid the ongoing tariff war, it’s more important than ever that the Alberta economy is competitive on all fronts — including taxes. Unfortunately, on personal income tax rates, Alberta is woefully uncompetitive compared to other energy-producing jurisdictions, including Texas. As recently as 2014, Alberta had a single 10% personal income tax rate. As a result, […]

Economics

14 h. ago US Stock Futures Drop With Tech Earnings in Focus: Markets Wrap

A six-day rally in US stocks looks set to pause as equity-index futures declined following disappointing earnings from Super Micro Computer Inc. and as more companies withdraw their guidance.

Economics

14 h. ago Stocks Are Mixed in Buildup to Big Tech Earnings: Markets Wrap

European stocks rose, while US futures slipped as tariff turmoil threw up a mixed impact on company earnings and as investors looked ahead to key US economic data.

Economics