1 hour ago Navigating ‘uncharted’ waters: What Trump’s trade war could mean for Canadian ports

Halifax’s container traffic dropped 10 per cent last month, while Vancouver saw a near record number of oil tankers

Economics

5 h. ago UK’s Centrica to Raise Dividends as Utility Monitors Trade War

Centrica Plc will increase its dividends for the year, boosting returns to shareholders as it monitors the impact the trade war will have on the business.

Economics

16 h. ago US Airports Have Outlook Dinged by Moody’s on Trade Concerns

Moody’s Ratings has revised its outlook for the US airport sector to negative from stable, citing an expected hit to air travel from the global trade war as a key reason for its view.

Economics

17 h. ago U.S. interest rates holding steady as Fed warns of heightened ‘risks’

The U.S. Federal Reserve opted to keep interest rates unchanged in its latest monetary policy meeting, highlighting rising risk to employment and inflation amid the trade war

Other

19 h. ago David Eby to speak live following debrief on Trump, Carney White House meeting

Despite the ongoing trade war, U.S. President Donald Trump and Prime Minister Mark Carney appeared to get along well during their first face-to-face meeting at the White House.

Transport

21 h. ago Waratah Hedge Fund Embraces Gold as World Loses Faith in Dollar

Waratah Capital Advisors Ltd. is betting on gold to lift its returns this year as investors pile into the asset to shelter their wealth during the global trade war.

Other

26 h. ago Canadian Luxury Real Estate Strongholds Defy Trade War Turmoil

Montreal and Calgary resilient amidst national housing slowdown; Toronto’s ultra-luxury buyers defy market trends as Vancouver cools Toronto , May 07, 2025 (GLOBE NEWSWIRE) — 2025 First Quarter Highlights A fragile rebound in consumer confidence and real estate activity unravelled in the first quarter of 2025, as the escalating Canada–U.S. trade war and threats to […]

Economics

36 h. ago Top Trump officials to meet with Chinese counterparts amid trade war

WASHINGTON — Top U.S. officials are set to meet with a high-level Chinese delegation this weekend in Switzerland, the administration announced Tuesday, in the first major talks between the two nations since President Donald Trump sparked a trade war with stiff tariffs on imports. Treasury Secretary Scott Bessent and trade representative Jamieson Greer will meet […]

Economics

37 h. ago Top US officials will meet with Chinese delegation in Switzerland in first major talks of trade war

WASHINGTON (AP) — 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 since President Donald Trump sparked a trade war with stiff tariffs on imports. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will meet with their […]

Politics

38 h. ago WestJet cuts nine U.S. routes, including Vancouver to Austin

Many Canadians are still avoiding the U.S. because of the trade war and the anti-Canada rhetoric unleashed by President Donald Trump.

Transport

40 h. ago WestJet suspends nine U.S. routes as Canadians avoid America

The move underscores that many Canadians are still avoiding the U.S. because of the trade war and the anti-Canada rhetoric unleashed by President Donald Trump

Transport

45 h. ago Toronto home sales taking absolute nosedive and nobody wants to buy

While the trade war is expected to have some effect on Toronto area real estate, given the substantial blow it's posing to Canada's economy overall, the market has already been in the pits for years now, falling far from the days of quick, easy sales for well over asking price.Listings keep accumulating — putting Toronto at the top of the nation's list for most homes hitting the market — while sales are diminishing to rock bottom levels not seen in decades.April's numbers, just released by the Toronto Regional Real Estate Board (TRREB) on Tuesday, serve to reinforce fears that we may have yet to see the worst for local homeowners, many of whom vastly overpaid for the dream of owning a space of their own in the infamously overvalued city.Last month saw 23.3 per cent fewer homes changing hands across the Toronto area than in April of 2024, making for the worst non-pandemic April for sales in 29 years.The average selling price o...

Other

47 h. ago  London and area home sales are the latest casualty in the tariff and trade war between Canada and the U.S., as economic uncertainty has buyers “sitting on their wallets,” said the chairperson of the

London-area home sales are the latest casualty in the U,S.-Canada tariff and trade war.

Economics

51 h. ago Canadians are bracing for more food inflation amid U.S. trade war: new report

Despite continued affordability concerns, trust in all food institutions increased, the second issue of the Canadian Food Sentiment Index shows

Economics

55 h. ago Tariffs Force Bank of England to Consider Faster Pace of Cuts

The Bank of England is set to cut interest rates by a quarter point this week and may even pave the way for a series of back-to-back reductions for the first time since 2009 as it responds to America’s global trade war.

Economics

62 h. ago AGL, Blackstone Argue Credit Industry and Economy Looking Strong

Credit markets are in good shape to handle any economic volatility or slowdown that may be coming, according to a panel of credit industry executives at the Milken Institute Global Conference, who struck a more sanguine tone than many other guests at the event.

Economics

62 h. ago Shale Driller Diamondback Trims Output, Says US Oil Has Peaked

Diamondback Energy Inc., the largest independent oil producer in the Permian Basin, is trimming its crude production guidance amid sinking oil prices brought on by President Donald Trump’s trade war and looming OPEC supply increases.

Other

3 d. ago Restaurant sales projected to contract in 2025 amid trade war with U.S., despite a strong start to the year thanks to the GST/HST holiday

Toronto, May 05, 2025 (GLOBE NEWSWIRE) — While the GST/HST holiday prevented foodservice bankruptcies and boosted sales and employment in the first two months of 2025, the tariff war has thrown the industry into uncharted waters, finds Restaurants Canada’s latest Quarterly Report. Restaurants Canada’s updated 2025 commercial foodservice sales forecast is now in negative territory. […]

Society

3 d. ago Europe Gas Follows Oil Lower as Energy Needs Seen Lagging Supply

European natural gas edged lower as prospects for energy demand fail to keep pace with the outlook for supply.

Economics

3 d. ago Oil Sinks as OPEC+ Supply Surge Threatens to Swamp Global Market

Oil buckled on concerns of a global glut after OPEC+ agreed to another bumper output increase, adding to supply at a time when demand is challenged by the drag from the trade war.

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