3 h. ago Five things to know about the US$5 trillion market selloff that is roiling the globe

Fears over an escalating trade war decimate stocks

Economics

5 h. ago Superior Plus Announces Timing of 2025 First Quarter Results Conference Call and Webcast

TORONTO — Superior Plus Corp. (“Superior” or “the company”) (TSX: SPB) expects to release its 2025 first quarter results on Tuesday, May 13, 2025 after market. A conference call and webcast to discuss the 2025 first quarter financial results will be held at 8:30 AM EDT on Wednesday, May 14, 2025. To register as a […]

Culture

6 h. ago Here's how many Tesla Cybertrucks were sold in Canada before massive recall

Transport Canada finally acknowledged the Tesla Cybertuck recall, and through it, we've learned that Elon Musk's boxy truck hasn't sold that well in Canada.The recall notice mentions that 1,995 Cybertrucks have been affected, so there is a slim chance that Tesla has sold six more to get over the 2,000 unit hump since the end of February when this recall was first issued. Tesla's website says that all trucks manufactured between Nov 13, 2024, and Feb 27, 2025, are part of the recall.In case you missed it, the American auto company needed to recall all the Cybertrucks because it glued on portions of the metal trim. The glue was failing, resulting in the trim coming off. Tesla is replacing the glue with a stronger adhesive and a couple of screws, so the problem is easily fixable.In the U.S., Tesla recalled 46,000 Cybertrucks, so it does appear to be selling better down south. In Canada, it costs $114,000 or more, depending on the trim options.In other Tesla news,&nb...

Transport

7 h. ago Keep calm and heed Warren Buffett — history shows market meltdowns are short

Ted Rechtshaffen: The market will settle where it should and big swings are simply opportunities along the way

Other

7 h. ago Bank of Canada expected to make deeper rate cuts amid stock rout, job losses

Traders put the odds at about a coin flip for another rate cut on April 16

Economics

8 h. ago US Stocks Rout Escalates as S&P Heads For Worst Week Since Covid

US stocks are heading for their worst week since March 2020 after the S&P 500 Index lost roughly $4.7 trillion in market value in just the last two sessions as Federal Reserve Chairman Jerome Powell said that the Trump administration’s tariffs “could have a persistent impact on inflation.”

Economics

8 h. ago Global markets continue sharp losses as China retaliates for U.S. tariffs

Stock markets worldwide, including Bay and Wall Streets, as well as commodities like oil and gold continued a sell-off after China retaliated for U.S tariffs.

Economics

8 h. ago Longtime Washington Post columnist Eugene Robinson is leaving. He cited Bezos’ new editorial policy

Washington Post columnist Eugene Robinson is leaving the newspaper, the second such veteran to exit in the wake of owner Jeff Bezos’ directive that the Post narrow the topics covered by its opinion section to personal liberties and the free market. Robinson, 71, has worked at the Post since 1980 and been a columnist since […]

Events

9 h. ago Trump hits the golf course as the stock market plummets for a second straight day over tariffs

WEST PALM BEACH, Fla. (AP) — Two days after sending the economy reeling by announcing widespread tariffs, President Donald Trump insisted his trade policies will never change as he remained ensconced in a bubble of wealth and power in Florida. He woke up on Friday morning at Mar-a-Lago, his private club in Palm Beach, and […]

Economics

9 h. ago Options Volatility Spike Shows Stock Market Slide Turning Messy

The once-orderly market selloff has gotten messier, with traders scrambling for cover sending options market volatility to the highest since the early August shock.

Economics

9 h. ago Huge share of Canadian renters blame housing crisis on wages

A new survey by online marketplace rentals.ca shows that many Canadian renters feel priced out of the housing market, with several factors driving unaffordability.The 2025 Federal Election Survey questioned hundreds of Canadian renters and discovered that over 40 per cent blamed the housing crisis on wage stagnation compared to housing prices.A total of 47 per cent of renters surveyed also identified stagnant wages and rising housing costs as a key issue in the upcoming federal election."Renters are just as concerned about affordability pressures and economic fairness as they are about supply constraints," stated the report."While issues for currently undecided voters were similar to the broader population, they did skew more towards concerns with inflation and wage stagnation, indicating that addressing the overall cost of living could be the key for parties hoping to win over these swing voters."A recent report from Normandin Beaudry, an actuarial consulting service, sai...

Other

10 h. ago Bank of Canada April rate cut still in play as job market weakens, economists say

Tariff uncertainty to continue to weigh on economy and hiring

Other

10 h. ago Nasdaq 100 Races Into Bear Market as Trump Tariffs Spark Rout

The Nasdaq 100 plunged toward a bear market as its losses from a February high surged past 20% as investors ditch once high-flying tech shares in a broard market rout.

Economics

11 h. ago TSX down almost 1,000 points, U.S. markets sink for second day

Canadian and U.S. stock markets continue to be roiled by U.S. President Donald Trump’s tariff plans as they plunged for a second day Friday. The S&P/TSX composite index was down close to 1,000 points, or four per cent, in late-morning trading after also closing down four per cent Thursday. In New York, the Dow Jones […]

Other

11 h. ago Stocks Tumble as Tariff War Overshadows Solid Jobs: Markets Wrap

Stocks tumbled around the world, bonds surged and oil hit a four-year low, with China stepping up its the fight against President Donald Trump’s trade war to intensify concerns about the economy despite signs of a solid jobs market.

Economics

13 h. ago enGene Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

BOSTON & MONTREAL — enGene Holdings Inc. (Nasdaq: ENGN, “enGene” or the “Company”), a clinical-stage, non-viral genetic medicines company, today reported the grant of inducement equity awards to seven newly-hired employees, with a grant date of April 2, 2025. The inducement awards consist of a non-qualified stock options to purchase an aggregate 144,650 of the […]

Other

14 h. ago Letters April 4, 2025: ‘We need a different government, not just a different leader.’

Carney’s no improvement One positive thing, which came out of the Chiang fiasco, is it basically exposed as to what kind of a leader Mark Carney would be while leading this nation for the next four years. From snowboard instructor to bean-counter, can the incumbent federal Liberals slide any further down the septic pipe? Canadians […]

Politics

15 h. ago Stocks are still dropping after worst day for markets since 2020

'The market is giving big thumbs down to this tariff policy'

Economics

15 h. ago Faced with Trump’s new tariff, French wine producers expect rough times ahead

CHABLIS, France (AP) — France’s wine producers are deeply concerned that the 20% tariff slapped by President Donald Trump will deal a severe blow to the sector that relies on the U.S. as its top market. French President Emmanuel Macron on Thursday warned of “massive” impact as he met with representatives of the most affected […]

Economics

15 h. ago Most Canadians Support Building an Oil Pipeline That Would Sidestep US Market

More than three in four Canadians would support publicly funding an oil pipeline to carry crude from Alberta to eastern Canada, according to a poll commissioned by Bloomberg.

Other