42 m. 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

52 m. ago Number of Canadians who think we should play ‘hardball’ in tariffs war rises since December

A trade war for four years? More than a third of Canadians — 39% — expect the U.S. trade war to persist until President Donald Trump is gone from office — if he does indeed leave after a second term, according to a new Angus Reid survey. And if that’s the case, more Canadians are […]

Economics

85 m. 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

1 hour 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

1 hour ago HUNTER: Accused Toronto rampage stabber now charged in Niagara Falls murder attempt

The police description of the M.O. fits like a glove. Perfect almost. The violent narrative, as allegedly scripted by Mackenzie Duncan, 23, in Niagara Falls, has a chillingly familiar ring to it. Duncan, of course, was out on bail at the time he allegedly went on a stabbing rampage in downtown Toronto last weekend. Three […]

Events

2 h. ago US Solar’s Hoarding Habit Will Help Blunt Sting From Trump Tariffs

The US has imported about 80% of modules from four Southeast Asian countries that face big new levies.

Economics

2 h. ago Shale Stocks Battered as Trump Tariffs Subvert His Push to Drill

Shale-oil companies are taking some of the harder lumps on Wall Street as crude prices tumble and President Donald Trump’s trade war runs headlong into his goal to turbocharge US energy production.

Economics

2 h. ago Premier Scott Moe to speak to reporters about Saskatchewan’s response to U.S. tariffs

Moe's visit to Europe occurred as the Canadian economy continues to face uncertainty because of tariffs the U.S. has already imposed on some Canadian goods entering the U.S.

Economics

2 h. ago Newsom Says California Seeks Tariff Exemptions From Trade Allies

Governor Gavin Newsom said he’s seeking exemptions for California-made products from retaliatory tariffs and wants to open talks with global allies over new trade relationships, casting the state as a buffer against the fallout of Donald Trump’s sweeping tariff plan.

Economics

2 h. ago Prices for new and used cars to go up after U.S. tariffs on Canadian auto parts: experts

Trump has enacted 25 per cent duties on imported vehicles, with temporary reprieve for some parts compliant with the Canada-U.S.-Mexico free trade agreement

Economics

2 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

3 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

3 h. ago The Terror of Trump's Tariffs: What does it all mean for Ottawa?

"We're going to have to make an adjustment," says Kichesippi Beer Co. owner Paul Meek in response to tariffs U.S. president Donald Trump imposed on "Liberation Day."

Economics

4 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

4 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

4 h. ago New and used car prices set to rise due to Trump tariffs: experts

Experts say U.S. tariffs on Canadian auto imports will drive prices higher for both new and used cars. Sean Mactavish, CEO of used-car marketplace Autozen, says prices are already rising on some used cars as sellers anticipate buyers looking for a better deal compared to a new vehicle. “New car prices go up. People (look) […]

Economics

4 h. ago High anxiety over softwood lumber despite tone change from U.S.

Eby's comments come as Canada has largely escaped the worst of Trump's tariff announcements on Wednesday

Other

5 h. ago ANALYSIS: Time to stop doubting Jets after dominant performance in Vegas

Thursday’s game in Las Vegas was an important one. What we all witnessed — and were reminded of — was the strength and resiliency we have seen all year from the Winnipeg Jets.

Transport

5 h. ago London jobless rate improves, but U.S. tariffs toll hasn't yet hit

The London region’s unemployment rate improved in March as the local economy added 2,200 new jobs, a strong showing that doesn’t yet reflect the impact of the trade war between Canada and the U.S. The region’s jobless rate now sits at 5.9 per cent, down from February’s 6.6 per cent, Statistics Canada reported Friday. Including […]

Economics

6 h. ago China imposes 34% tariff on imports of all U.S. products starting April 10

BEIJING — China announced Friday that it will impose a 34% tariff on imports of all U.S. products beginning April 10, part of a flurry of retaliatory measures following U.S. President Donald Trump’s “Liberation Day” slate of double-digit tariffs. The new tariff matches the rate of the U.S. “reciprocal” tariff of 34% on Chinese exports […]

Economics