12 h. ago Mark Carney projected as winner of Canadian federal election

The 45th Canadian federal election results are in, and the Liberal Party of Canada, led by Mark Carney, is projected to form government.Either party needed 172 seats out of a possible 343 to form a majority.As of this article's publication, the count shows the Liberal Party of Canada winning 130 seats and the Conservative Party of Canada winning 89 seats. Many seats are left to be decided but several publications have now called a majority for Carney.Carney and Conservative leader Poilievre ran two very different campaigns, and U.S. President Donald Trump was a significant factor in political conversations leading to the election. Tariffs and the trade war took up considerable time on the campaign trail for both leaders.Trump even got involved on the morning of election day.As of the time of writing, the Liberal Party jumped to an early lead as results started to roll in, leading by 132 seats to 88 seats for Conservatives at one point. That ballooned as the day progressed.Lookin...

Politics

22 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

22 h. ago South Africa, Kenya are Private Equity Bright Spots Despite Trump’s Trade Chaos

A majority of private equity investors see South Africa and Kenya as their top investment destinations over the next three years even as US President Donald Trump’s tariff chaos muddies fund-raising outlook for the continent in 2025, according to the African Private Capital Association.

Economics

29 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

48 h. ago How Canadians are standing up to the U.S. and Trump’s tariffs in the grocery aisles

Defiant shoppers are trying new brands and recipes — often paying more — to support Canadian businesses and send a clear message south

Economics

3 d. ago Party leaders have packed itineraries today as election day nears

OTTAWA — Federal party leaders have busy itineraries today in one of the final days of the election campaign. Liberal Leader Mark Carney is set to spend much of the day in the Greater Toronto Area, first holding a media availability in King City before visiting a small business in Newmarket, holding a meet and […]

Politics

3 d. ago Trump keeps contradicting himself on tariffs, making a fragile world economy nervous

WASHINGTON (AP) — President Donald Trump can’t stop contradicting himself on his own tariff plans. He says he’s on a path to cut several new trade deals in a few weeks — but has also suggested it’s “physically impossible” to hold all the needed meetings. Trump has said he will simply set new tariff rates […]

Economics

4 d. ago ETF Frenzy for Retail Daredevils Goes On Despite Market Turmoil

Wild market gyrations fueled by Donald Trump’s tariff war aren’t stopping issuers from rolling out a fresh crop of exchange-traded funds — many aimed squarely at investors with a taste for speculation.

Other

4 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

4 d. ago One Tech Tip: Thinking of buying a secondhand phone? Some tips on what to look for

LONDON (AP) — New smartphones aren’t cheap and prices could reach even higher as globe trade tensions fueled by U.S. President Donald Trump’s tariff threats throw Asian exports into turmoil. To save money, consider buying a secondhand device. The market for used cell phones is booming. It’s now growing faster than the market for new […]

Technology

5 d. ago Party leaders campaigning across country as election day nears

OTTAWA — Federal leaders are making campaign stops across the country today as election day inches closer. Liberal Leader Mark Carney will deliver remarks and hold a media availability in Port Moody, B.C., in the morning and hold a rally in Winnipeg in the evening. NDP leader Jagmeet Singh will make an announcement in Winnipeg […]

Politics

5 d. ago Posthaste: Job losses ‘unavoidable’ in Canada’s auto sector as Donald Trump doubles down on tariff threat

'I really don’t want cars from Canada' — U.S. president

Economics

5 d. ago China says there are no negotiations with the US over tariffs

BANGKOK (AP) — China on Thursday denied U.S. President Donald Trump’s assertion that the two sides were involved in active negotiations over tariffs, saying that any suggestion of progress in this matter was as groundless as “trying to catch the wind.” China’s comments come after Trump said Tuesday that the final tariff rate on China’s […]

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

5 d. ago BOJ Watchers Expect Delay in Rate Hikes With Lower Terminal Rate

Bank of Japan watchers forecast a delay in interest-rate hikes and a lower level at the end of the cycle after US President Donald Trump’s tariff measures darkened the economic outlook, according to a Bloomberg survey.

Other

5 d. ago A dozen states sue the Trump administration to stop tariff policy

NEW YORK — A dozen states sued the Trump administration in the U.S. Court of International Trade in New York on Wednesday to stop its tariff policy, saying it is unlawful and has brought chaos to the American economy. The lawsuit said the policy put in place by President Donald Trump has been subject to […]

Politics

6 d. ago Trump Tries to Push Tariff Fight to Trade Court With Better Odds

President Donald Trump wants legal challenges to his sweeping tariffs to be heard by a specialized trade court, an approach that worked in his favor during his first administration even though it didn’t give him an immediate victory.

Economics

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

7 d. ago Trump tariffs affect ag industry, including exempt products: CFA

While Canada was spared from Trump's 'Liberation Day' tariffs, the instability has caused stress among producers across the country.

Economics