55 h. ago Port of LA imports drop 19% in May as tariffs hit U.S. businesses

Exports through Los Angeles fell to just over 120,000 containers, marking the sixth straight month of year-on-year declines

Economics

4 d. ago ArcelorMittal closing wire drawing mill in Hamilton in latest industry blow

HAMILTON — Canada’s steel industry was hit with further layoff news Wednesday as ArcelorMittal Long Products Canada announced it is closing its wire drawing mill in Hamilton. The decision puts 153 employees out of work and adds to the hundreds of workers in the industry already hit by a combination of tariff concerns, market demand […]

Other

4 d. ago US Clothes, Toy Costs Show Tariff Hit Only at Margins So Far

For all the hand-wringing about tariffs, Americans are so far experiencing limited inflation from President Donald Trump’s protectionist trade policy.

Economics

5 d. ago Tariffs hit Canadian firm that made World Trade Center’s spire

The administration’s frequent changes to trade policy are making clients hesitant to negotiate contracts

Economics

6 d. ago Adam Pankratz: David Eby’s CleanBC initiative a greater hit to economy than Trump’s tariffs

The B.C. NDP ought to change their party's acronym to 'Not Delivering Prosperity'

Economics

2 w. ago Charting the Global Economy: US GDP Falls on Larger Trade Hit

The US economy contracted slightly to start the year, largely reflecting a bigger tariff-related trade hit but also a larger downshift in household spending growth than first estimated.

Economics

2 w. ago Here's how much 10 key grocery items cost at Loblaws versus other grocers

With Walmart, Loblaws, and Sobeys being some of the most prevalent grocery chains nationwide, we decided to compare their prices.With over 400 locations, Walmart has a massive presence across Canada. Sobeys Inc., on the other hand, owns Sobeys, IGA, FreshCo, Foodland, and other stores, totalling 1,500 locations nationwide. In comparison, Loblaw Companies Ltd., which owns Loblaws, Zehrs, No Frills, Real Canadian Superstore, Shoppers Drugmart, and more, operates over 2,400 stores across the country.Inflation may have cooled at 1.7 per cent in April, according to Statistics Canada, but food continues to get more expensive — an increase of 3.8 per cent compared to last year. To make matters worse, Loblaw CEO Per Bank warned Canadians that prices of tariff-hit products are set to increase.So, how much would a grocery trip for 10 essentials like bread, milk, and eggs cost at Canada's leading grocery chains? Wherever possible, we selected the same brands and their regul...

Economics

2 w. ago ThreeD Capital Inc. Releases Results For the Three and Nine Months Ended March 31, 2025

TORONTO, May 29, 2025 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce its unaudited results as at and for the three and nine months ended March 31, […]

Economics

2 w. ago Bank results show lesser fallout from trade uncertainty than feared, so far

TORONTO — Results from Canadian banks this quarter showed a range of views on what’s ahead for the economy, but were largely in agreement that the hit from tariffs and trade uncertainty hasn’t been as bad as feared so far. The banks showed a clear concern for the near-term financial future as the Big Six […]

Economics

2 w. ago Toyota Sales Hit Second Monthly Record on US Demand, Tariff Rush

Toyota Motor Corp.’s sales hit a record for the second month in a row as a strong showing in the US and Japan was boosted by customers making last-minute purchases before President Donald Trump’s tariffs took effect.

Economics

2 w. ago Scotiabank Misses on Higher Credit Provisions as Tariffs Bite

Bank of Nova Scotia missed estimates after setting aside more money than expected for bad credit as tariffs hit its Canadian and Mexican operations.

Economics

2 w. ago Japan Allots $2.7 Billion From Reserves to Ease US Tariff Hit

Japan’s government approved a plan to draw ¥388 billion ($2.7 billion) from reserve funds to support businesses and households impacted by US tariffs, in an emergency measure aimed at easing the domestic repercussions of President Donald Trump’s sweeping trade campaign.

Economics

3 w. ago Stellantis postpones production of ‘tough sell’ Dodge Charger Daytona R/T in Windsor

Tariff hit and cancellation of EV incentives could have delayed 2026 model, say analysts

Economics

3 w. ago Benefits and credits you may be eligible for in Canada next month

Benefits and credit payments will be issued by the government of Canada or provincial governments in June through several programs, and you may be eligible for some.Most Canadians are now facing a tough time, with the high cost of living, stagnant wages and experts signalling the alarm about an impending recession.According to Statistics Canada's Consumer Price Index for April, the cost of food increased by 3.8 per cent, and housing increased by 3.4 per cent. On the plus side, the cost of transportation dropped slightly by 1.9 per cent.Loblaw CEO Per Bank warns that Canadian shoppers will likely feel the effects of rising prices as tariff-impacted products hit the shelves. According to the company's April food inflation report, products like coffee, liquid eggs, chicken, beef and nuts are set to become more expensive.Now is a great time to check which benefits you may be eligible for in Canada, or which payments you can expect to ...

Economics

3 w. ago Regimen Equity Partners Closes $24 Million Fundraising Round and Surpasses $200 Million in AUM

Strong Investor Interest Draws More Than Double Fundraising Goal VANCOUVER, British Columbia, May 22, 2025 (GLOBE NEWSWIRE) — Regimen Equity Partners (“Regimen”), a private equity firm specializing in acquiring and growing small to mid-sized Canadian businesses, today announced the successful completion of its latest fundraising round, raising $24 million— significantly surpassing its original $10 million […]

Economics

3 w. ago Japan’s exports slow in April as Trump’s tariffs dent shipments to the U.S.

TOKYO (AP) — Japan’s exports to the United States, its largest single trading partner, fell nearly 2% in April as tariff hikes imposed by President Donald Trump hit home. Globally, exports rose just 2% year-on-year, down from 4% in March, leaving a trade deficit for the first time in three months. Imports from the United […]

Economics

3 w. ago No pitch, just proof: building a very trusted Canadian cybersecurity firm

Jason Grimbeek, founder and CEO of Iron Spear Information Security, built his company on trust and technical rigor—not sales tactics

Economics