7 d. ago The prices of some video game consoles and games are increasing in Canada

Microsoft is raising the prices of a variety of Xbox consoles, games and controllers around the world, including in Canada.In an update posted to its website, Microsoft says it's now charging more for these products in response to "market conditions and the rising cost of development." Microsoft says the cost of "some" new first-party games will go up to $79.99 USD (about $110 CAD) by the holidays. The price of Xbox Game Pass ($22.99/month for the highest Ultimate tier) will remain the same.Here is all the new Canadian pricing of Xbox consoles and accessories:ConsolesXbox Series S (512GB) — $449.99 (previously $379.99)Xbox Series S (1TB) — $529.99 (previously $449.99)Xbox Series X (1TB) — $729.99 (previously $649.99)Xbox Series X Digital (1TB) — $679.99 (previously $599.99)Xbox Series X (2TB Galaxy Black Special Edition) — $879.99 (previously $799.99)AccessoriesXbox Wireless Controller — $84.99 (previous...

Economics

8 d. 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

8 d. ago Ontario could be sent into ‘modest’ recession by U.S. tariffs

A new report released Wednesday examined the impacts of steel, aluminum and auto tariffs levied by U.S. President Donald Trump on Canadian exports.

Economics

8 d. 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

9 d. ago Amazon denies plan to display U.S. tariff costs after White House criticism

The Trump administration’s reaction appeared to be based on a misinterpretation of internal plans being considered by Amazon, rather than a final decision made by the company.

Economics

2 w. ago Tariff turmoil: What P&G, Pepsi and other companies are saying about tariffs

NEW YORK (AP) — Tariff worries continue hanging over companies as they report their latest financial results and try to provide guidance on their path ahead. Some tariffs remain in place against key U.S. trading partners, but others have been postponed to give nations time to negotiate. The tariff and trade picture continues shifting and […]

Economics

2 w. ago Tariffs and political tensions are causing fewer Americans to visit Canada

Canada has seen a slight dip in visitors from the U.S. as tensions between the two countries heighten due to tariffs and Donald Trump's presidency.Statistics Canada released its report on travel between Canada and other countries in February. It found that trips to Canada by Americans decreased by 5.3 per cent compared to the same time last year, to 1.1 million visitors."This marked the first year-over-year decrease in arrivals to Canada by U.S. residents since March 2021," reads the report. "Most of the trips taken in February 2025 by U.S. residents were made by automobile (72.8 per cent) or by air (24.2 per cent)."Americans visiting by car were down 6.5 per cent in February 2025 compared to 2024, which StatCan says marked the end of four consecutive months of year-over-year growth that began in October 2024. Over half of these arrivals were same-day trips.U.S. residents flying to Canada increased by 0.6 per cent compared to the same month last year.Whi...

Politics

2 w. ago Loblaw lists grocery items that can see a price hike in Canada

The report mentions 'tariff' a dozen times, and includes an explanation of how 'stacking tariffs' could send some prices even higher

Economics

2 w. ago Loblaws says groceries are about to get more expensive in Canada again

Shoppers can expect to see grocery prices continue to rise in Canada amid U.S. President Donald Trump's tariffs, according to a new report by Loblaw Companies Limited.The retailer, which owns major grocery chains like Loblaws, No Frills and Real Canadian Superstore, released its April food inflation report on Monday, following Statistics Canada's latest Consumer Price Index release last week.StatsCan reported that the country's inflation rate rose to 2.3 per cent in March, with food inflation spiking to 3.2 per cent.Loblaw says the 25 per cent tariffs slapped on Canada continue to challenge key sectors and lower consumer confidence.When the trade war between Canada and the U.S. began in March, the grocery giant told us that shoppers would not see an immediate impact on food prices."We expect a wide range of timing depending on the type of product, the current level of inventory, and the ability to find alternatives," said a Lo...

Other

3 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

3 w. ago Honda to Shift Production of Civic From Japan to US on Tariffs

Honda Motor Co. plans to move production of its hybrid Civic from Japan to the US in response to President Donald Trump’s tariffs on imported cars.

Economics

3 w. ago Honda considering Canadian production move to U.S. in response to tariffs: Report

Honda is considering shifting some Canadian automotive production to the U.S. in response to new tariffs, according to a report by Japan’s Nikkei financial newspaper. The company is looking to shift enough Canadian CR-V and Civic production to the U.S. so that it can meet 90 per cent of U.S. sales with vehicles produced there, […]

Economics

3 w. ago Here’s what some exporters in China say about Trump’s trade war

YIWU, China (AP) — The trade war between the world’s two largest economies is escalating as China on Friday slapped a 125% tariff on U.S. goods in response to President Donald Trump’s 145% tariff on Chinese products. Caught in the crosshairs are businesses that are part of the more than $582.4 billion trade between the […]

Economics