9 h. ago Tariffs Force Bank of England to Consider Faster Pace of Cuts

The Bank of England is set to cut interest rates by a quarter point this week and may even pave the way for a series of back-to-back reductions for the first time since 2009 as it responds to America’s global trade war.

Economics

3 d. ago Answer to a fractured economy: A northern corridor for trade, energy, and reconciliation

The ground is shifting beneath Canada. The emerging trade war with the United States — marked by tariffs, economic coercion and political brinkmanship — is forcing a long-overdue reckoning. Canada’s dependence on a single export corridor to the U.S. has made our economy vulnerable, leaving our industries exposed. A response is required, not through defensive […]

Economics

5 d. ago The Senate is voting on whether to block Trump’s global tariffs amid economic turmoil

WASHINGTON (AP) — Senate Democrats are forcing a vote Wednesday evening on whether to block global tariffs announced by Donald Trump earlier this month, a potentially tough vote for some Republicans who have expressed concerns about the policy but are wary of crossing the president. Trump announced the far-reaching tariffs on nearly all U.S. trading […]

Economics

1 week ago Trade war puts the brakes on TFI trucking expansion plans, as cargo volume sags

MONTREAL — Tariff angst has forced TFI International Inc. to back off big acquisitions as the trucking industry confronts lower cargo volumes, its CEO said Thursday. “We have one transaction that we really liked, but because of all this uncertainty on tariffs, we had to walk away from that deal,” chief executive Alain Bedard told […]

Transport

2 w. ago Letters April 16, 2025: ‘Carney isn’t in this to bring anything new to Canada’

Why now? Carney’s platform consists mainly of addressing externally forced issues such as tariffs and NATO, copied and borrowed Conservative planks like affordability, and continuation of prior Liberal policies such as no pipelines and emissions caps. There is nothing original in his platform and there is nothing or nobody original in his party. Why would […]

Transport

3 w. ago Why everyone is worried about the bond market — especially Donald Trump

Spiking yields are credited with forcing the president's stunning about-face on tariffs. Here's why bonds are boss

Economics

3 w. ago Carney ‘did a terrible job’ as Bank of England governor, says former British PM

Liz Truss, who served as the PM for 49 days, blames the Liberal leader for creating many of the problems that occurred while she was in office

Politics

3 w. ago BOE Warns Risk of ‘Further Sharp Corrections’ in Markets Is High

The Bank of England said hedge funds have faced “significant” margin calls from their prime brokers as they navigated extreme market volatility in the aftermath of US President Donald Trump’s tariff announcements and warned that the risk of “further sharp corrections” in markets remains high.

Other

4 w. ago Senate Democrat Ron Wyden Says He’ll Force Vote on Repealing Trump Tariffs

Democratic Senator Ron Wyden said Tuesday he will force a vote on repealing the sweeping global tariffs Donald Trump announced last week, testing political support for the president’s trade war.

Economics