29 m. ago MEDIA ADVISORY: Trade wars: Advocates demand urgent action to protect workers and stabilize the economy against the impact of tariffs

TORONTO, March 03, 2025 (GLOBE NEWSWIRE) — The imposition of tariffs will create a widespread recession in Canada. Workers and communities need all levels of government to work together to deliver a comprehensive strategy to stabilize the economy as it responds to the changed trade environment. Central to this strategy must be providing workers and […]

Economics

64 m. ago Hedge Fund Built on Energy Bets Says ‘Clean Is Dead for Now’

Less than a year after launching a hedge fund dedicated to the green energy transition, its founder says there’s currently no financial gain to be had from investing in renewable power.

Events

1 hour ago Trump or no Trump, think tank calls for Canada to unilaterally drop non

The study estimates that unilaterally liberalizing trade would boost Canada's GDP and drive prices down

Other

1 hour ago Crypto scams have biggest impact on younger victims: Better Business Bureau

The Better Business Bureau says people between the ages of 18 and 44 have dropped the most cash of any age group, losing an average of $2,500 to these kinds of financial scams. 

Economics

2 h. ago Canadian business groups say trade uncertainty has already done damage

The head of the Canadian Federation of Independent Business says across-the-board U.S. tariffs on imported goods would be a worst-case scenario if they kick in tomorrow. But Dan Kelly says even if there’s another last-minute reprieve from U.S. President Donald Trump, the ongoing threat and uncertainty would continue to inflict economic damage. He says some […]

Economics

3 h. ago Sunnova’s 71% Stock Plunge Heralds US Solar’s State of ‘Chaos’

Sunnova Energy International Inc. shares plunged 71% as the company warned there’s substantial doubt it will remain in business. That came less than a week after First Solar Inc., the biggest US solar manufacturer, said it was seeing increasing customer delays. And it was also on the heels of Sunrun Inc., the biggest US residential solar company, saying it expects installation volumes to be flat this year.

Economics

3 h. ago Here are some goods in the crosshairs of Trump’s tariffs on Mexico, Canada and China

President Donald Trump was poised to impose 25% taxes on imports from Canada and Mexico Tuesday and to double to 20% his levies on Chinese products. All three countries — America’s top trading partners — are threatening retaliation. The United States last year did nearly $2.2 trillion in the trade of goods — exports plus […]

Economics

3 h. ago Emerging Assets Recover While Trump Spat Spurs Ukraine Rethink

Emerging-market assets kicked off March with modest gains as traders monitored a looming deadline for US tariffs on key trading partners, while Ukraine investors pared expectations for near-term peace prospects.

Other

4 h. ago Buybacks, M&A Likely to Fuel Europe’s Deluge of Block Trades

The year’s blistering start for European block trades is expected to widen out as corporations look to raise funding for acquisitions and to return cash to shareholders.

Economics

5 h. ago Energy, trade investments ’imperative’ in rocky times: Canada Infrastructure Bank CEO

The head of the Canada Infrastructure Bank says the power and export-enabling projects the Crown corporation backs are more crucial than ever as trade tumult intensifies with the United States. “In the face of lots of uncertainty, the one thing you can know is that we’re going to need that electricity, energy and trade infrastructure […]

Economics

5 h. ago Charming Toronto home is a complete steal at just over $1 million

While average home prices in Toronto have, seemingly, begun to stabilize over recent months, it still feels nearly impossible to find a home in the heart of the city at a good price; but this home, priced at just over $1 million, is flipping the script.Newly updated and located just steps from Queen Street East and a local school, 6 Vancouver Avenue is living proof that great things actually can come in affordable (for Toronto, that is) packages.Charming only just barely begins to describe this cozy two-storey semi-detached home, which, touting a white brick facade on the exterior, maintains a contemporary rustic look throughout, with elements such as hardwood flooring complimenting perfectly the open-concept floor plan on the main level.The main floor.Upon entering, one is greeted by a spacious living space, which is accented by a rustic wood-panelled fireplace. The ground floor invokes an immediately welcoming energy.The dining room.The spacious, 130 sq.ft. dining room connects se...

Economics

5 h. ago FIRST READING: How the tariff threats have already changed Canada

Internal trade barriers are starting to fall

Economics

6 h. ago Mexico makes case to avoid US tariffs as it awaits Trump’s decision

MEXICO CITY (AP) — Mexico President Claudia Sheinbaum said Monday that her administration is waiting to see if U.S. President Donald Trump makes good on his threat to impose 25% tariffs on Mexican imports. Her Cabinet secretaries for security and trade among others have been in constant communication with their U.S. counterparts and she said […]

Economics

6 h. ago ANALYSIS: Will he, or won’t he? Jets GM has big choices before trade deadline

All eyes in this market are on Kevin Cheveldayoff and whether the Winnipeg GM will pull the trigger on a significant deal ahead of Friday afternoon's NHL trading deadline.

Economics

7 h. ago How Canada turned itself into a fentanyl playground: Full Comment podcast

If you want a thriving fentanyl trade in your country, attracting heavily armed cartels, super labs and a large and growing market of users subsidized by the government and unimpeded by law enforcement, just do everything Canada’s been doing. So says Marshall Smith, former chief of staff to the Alberta premier, a former addict and […]

Other

7 h. ago New Fortress Energy Trades Puerto Rico Bonuses for Cash Up Front

A New Fortress Energy subsidiary that manages power plants in Puerto Rico is foregoing the potential of almost $900 million in performance bonuses over the next decade in exchange for a one-time payment as the company scrambles for cash.

Politics

8 h. ago Canadians can cash in on money from the government in March 2025

Canadians will get money from the government in multiple ways in March 2025.With high grocery prices, housing costs, and a generally soaring cost of living, money is tight for everyday Canadians. Food bank usage has hit record highs, and heightening unemployment makes a challenging situation even more difficult for many individuals and families.However, some benefits are available that can help alleviate the stress on your wallet a little.If you're eligible, ensure your direct deposit is enabled as you look forward to the following.Canada Child Benefit (CCB)Canadian parents eligible to receive child tax payments can expect the money from the government to arrive in their accounts on March 20.Child tax payments increased by 4.7 per cent in the summer of 2024. This means the maximum benefit for children under six increased by $350, from $7,437 to $7,787. For children aged six to 17, it increased by $295, from $6,275 to $6,570.Another much-needed federal child tax booster will come to ...

Politics

8 h. ago New Stratus Energy Announces Award of a Transformative Production Sharing Contract for a Significant Oil Field in Ecuador, Funding and Offtake Agreement, and Concurrent Offerings

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, March 03, 2025 (GLOBE NEWSWIRE) — New Stratus Energy Inc. (TSX.V – NSE) (“New Stratus”, “NSE” or the “Corporation”) is pleased to announce that a consortium formed by subsidiaries of Sinopec International Petroleum E&P Corporation (60%) (“Sinopec”) and […]

Other

8 h. ago Chris Selley: Ford’s work as Captain Canada is far from done

Where the premiers can be most useful right now is in going after interprovincial trade barriers — easier said than done

Economics

8 h. ago Trump’s tariffs expected on Tuesday. How could Canada respond?

Tariffs on Canadian and Mexican goods imposed by the U.S. government are expected to take hold on Tuesday, marking the start of a North American trade war. 

Economics