26 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

1 week ago The Conference Board of Canada in its recent Major City Insights report, states the London and region economy will grow by 1.7 per cent this year, after growing 1.9 per cent in 2024.

A leading financial agency is forecasting solid economic growth for London, defying fears of a downturn amid a trade and tariff war between the U.S, and Canada. The Conference Board of Canada in its recent major city insights report, predicts the London and region economy will grow by 1.7 per cent this year, after growing […]

Politics

2 w. ago Federal Election 2025 platforms: Here’s what the major parties have announced so far

To help you cast an informed vote, the National Post has put together an issue-by-issue breakdown of the parties’ announced policies, so you can compare them side by side. Go to topic: TARIFFS/TRUMP TAXES HOUSING DEFENCE ENERGY/ENVIRONMENT CRIME HEALTH/SOCIAL POLICY EDUCATION/TRAINING TARIFFS/TRUMP   Provide $2-billion “strategic response fund” for workers in the auto sector and […]

Politics

3 w. ago Canadian economy lost 33,000 jobs in March, biggest loss since 2022

OTTAWA — Statistics Canada says the economy lost 33,000 jobs in March, the biggest loss since January 2022, while the unemployment rate ticked higher. The agency says the unemployment rate for March rose to 6.7 per cent compared with 6.6 per cent in February. The drop in jobs reverses some of the gains made by […]

Other

4 w. ago Tariffs could mean 160,000 lost jobs in second quarter, says Conference Board

The research group is also forecasting that tariffs will be lifted by the start of the third quarter

Culture

4 w. ago Tariffs could lead to 160,000 job losses in second quarter: Conference Board

TORONTO — Trade tensions with the U.S. will likely mean a painful next few months for workers and the economy but could be short-lived, the Conference Board of Canada said in its latest outlook. Canada could see some 160,000 people lose their job in the second quarter, pushing unemployment up to 7.3 per cent, while […]

Culture