13 h. ago The pandemic bubble burst — but not for these Canadian companies

When the first spring of the COVID-19 pandemic neared, West Coast Seeds found itself scrambling to satisfy Canadians who had nowhere to go and little else to do than garden. “We noticed a huge escalation in sales — and I’m not talking 20 per cent. I mean hundreds or thousands,” recalled Aaron Saks, president of […]

Economics

32 h. ago Companies jumping on 'buy Canadian' bandwagon, but the patriotic wave can backfire

Canadian consumers are making concerted efforts to alter their shopping habits, which is why marketing experts are advising companies to think strategically before diving into the trend

Events

32 h. ago Taxi industry pushing Toronto to ban U.S. rideshare companies like Uber

Canadian taxi and ride-hailing companies are calling on Toronto city council to be included in efforts to promote local businesses.In an open letter, Canadian companies Beck Taxi, Co-op Cabs, Toronto 1 Taxi, and Hovr called to be added to the city's recently introduced "Buy Local, Buy Canadian" campaign amid the trade war with the U.S."U.S. tech companies, among the Trump administration's biggest backers, have taken over too many Canadian markets, reshaping our laws and regulations to build monopoly power. The ride-hailing industry is a prime example," wrote the companies in the letter.They claim that U.S. companies operating in Toronto, like Uber and Lyft, have increased congestion, taken money from the TTC, lowered earnings for drivers and imposed surge pricing models on travellers.The letter argues that "app-based ride-hailing and payments are now offered by many local taxi companies as well as Hovr, a new Canadian ride-hailing platform."To do that, the companies say Toronto coun...

Economics

6 d. ago Ontario restaurant responding to U.S. tariffs with 25% off dessert

As the trade war between Canada and the United States intensifies, many businesses across Ontario are adjusting their strategies and reducing their reliance on American ingredients, suppliers, and goods.President Donald Trump's executive order hits Canada and Mexico with 25 per cent tariffs across the board, as well as a 10 per cent levy on Canadian energy. In response, Trudeau said Canada would be hitting back with 25 per cent retaliatory tariffs on $30 billion worth of American products immediately, just after the order took effect on Tuesday.Ontario Premier Doug Ford, who is fresh off his third consecutive majority win, also followed through on his promise to remove U.S. alcohol from LCBO stores across the province, which resulted in the retailer's website being taken offline temporarily on Tuesday.As a result, many Canadian companies — including dessert chain Demetres — have taken it upon themselves to navigate the current trade challenges through creative ways."When...

Economics

8 d. ago Canadian miner Teck seeks zinc buyers outside U.S. as tariffs kick in

Teck Resources Ltd.’s top executive warned that U.S. tariffs will “drive inflation up” throughout the mining industry and encourage companies to find customers in other countries — a move the Canadian miner has started to pursue. Teck is looking to sell zinc to customers in Asia instead of the U.S. after President Donald Trump delivered […]

Economics

1 week ago ‘Everyone’s in crisis mode’: How Canadian companies are rushing to prepare for day one of Trump’s tariffs

With Tuesday's deadline approaching, exporters are scrambling to get paperwork in order while exploring longer term workarounds

Economics

1 week ago ThreeD Capital Inc. Releases Results for the Three and Six Months Ended December 31, 2024

TORONTO, Feb. 26, 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 six months ended December 31, […]

Economics

1 week ago Canada looks to diversify trade with Germany amid U.S. tariff threats

As they face tariffs from the U.S., Canadian companies and diplomats are looking at diversifying trade with European partners including Germany.

Economics

2 w. ago CANADIAN LIFE COMPANIES SPLIT CORP. Financial Results to November 30, 2024

TORONTO, Feb. 25, 2025 (GLOBE NEWSWIRE) — Canadian Life Companies Split Corp. (“the Company”) announces that its annual financial statements and management report of fund performance for the year ended November 30, 2024 are now available on the Company’s website at www.lifesplit.com and at www.sedarplus.com. For further information, please contact Investor Relations at 416-304-4443, toll […]

Economics

2 w. ago TFI abandons plan to relocate to U.S. following shareholder backlash

Expert says this is 'a teachable moment' for other Canadian companies

Other

2 w. ago How Donald Trump’s tariff on pharmaceuticals could cause headaches for American patients and Canadian companies

Americans will feel the pain in their medicine chest when their antibiotics, vaccines, and prescriptions suddenly jump in cost by 25 per cent, said Mina Tadrous, an assistant professor at the University of Toronto’s Leslie Dan Faculty of Pharmacy

Economics

3 w. ago 93% of Canadians feel it’s important to buy local in wake of U.S. tariffs threat: POLL

According to a new poll by Petro-Canada, done in partnership with the Harris Poll, Canadians are changing their buying decisions in the wake of U.S. tariff threats against Canadian products. The Live by the Leaf Index found that 94% of Canadians say it’s important to buy Canadian and support Canadian companies, including 75% who say […]

Economics

3 w. ago Competition Bureau says it’s probing whether landlords are using AI to set rents

OTTAWA — The Competition Bureau confirms that it is investigating the possible use of AI-driven algorithmic pricing in Canadian real estate rental markets. The practice involves real estate companies using programs that track what competitors are charging for rent and leases. An American antitrust lawsuit alleges companies are using such software to collude and artificially […]

Other

3 w. ago U.S. tariffs sour outlook for Canadian sugar and candy companies

Canadian sugar and confectionary companies would be hit particularly hard if U.S. tariffs come into play because most of the industry’s sales go south of the border, experts say. “Sugar and confectionary does stand out as one of those sectors, especially in the short term, that is very reliant on the U.S., and therefore could […]

Economics