3 h. ago Trump says U.S. will delay tariffs on Canada for at least another month

U.S. President Donald Trump announced today that tariffs against Canada will be delayed until early April.The tariffs were originally going to go into effect in February. They were then delayed by 30 days and were to kick in next week. This is the third delay.During a cabinet meeting at the White House, Trump responded to a reporter's question about whether he would continue the pause on tariffs against Canada and Mexico.Trump confirmed that he was not going to stop the tariffs due to the U.S. having "lost millions of people due to fentanyl."However, he seemingly pushed back the start date of enacting the tariffs on Canada until the spring.Trump appears to suggest tariffs on Canada have been pushed back to April 2nd (not April 1st because he's superstitious).He also adds that fentanyl is apparently once again his top issue for talks with Canada. pic.twitter.com/IIFRCFmoSX— Courtney Theriault (@cspotweet) February 26, 2025"I have to tell you that, you know, on April 2 — I...

Economics

55 h. ago Trump Says Planned Tariffs on Canada, Mexico ‘Going Forward’

President Donald Trump said tariffs scheduled to hit Canada and Mexico next month were “on time” and “moving along very rapidly” following an initial delay, even as a US official cautioned the schedule could be less certain.

Economics

62 h. ago Starbucks Canada is drastically cutting its menu offerings this year

As part of plans to make room for menu innovation across Canada, several Starbucks beverages are officially leaving menus next month.In January, Starbucks confirmed it would be "simplifying" its menu with a 30 per cent reduction in the number of food and beverage items on offer in the U.S.At the time, the coffee giant was only able to share that it would also be streamlining its offerings in Canada, but we now have further details on just what that will entail.Why is Starbucks Canada changing its menu, and how much of it is leaving?Earlier this year, Starbucks confirmed it would be reducing its menu across the country, with the goal of having "fewer, better beverage and food offerings."Now the coffee chain said around 20 per cent of its food and beverages would be removed from Canadian menus over the 2025 fiscal year, with the first items leaving on March 4.However, the coffee chain reiterated that changing the menu would help with innovation while reducing ...

Other

5 d. ago Organizers of Canada House cancel space at 2025 South By Southwest festival

TORONTO — Canadian talent will have one fewer space to network at this year’s South By Southwest music and film festival in Austin, Texas. Telefilm says in a statement it’s decided to cancel its annual Canada House at the 2025 edition of SXSW next month, but it didn’t provide a reason or respond to questions […]

Culture

5 d. ago Organizers of Canada House cancel space at 2025 South By Southwest fest

Canadian talent will have one fewer space to network at this year’s South By Southwest music and film festival in Austin, Texas.  Telefilm says in a statement it’s decided to cancel its annual Canada House at the 2025 edition of SXSW next month, but it didn’t provide a reason or respond to questions for comment.  […]

Other

5 d. ago Toronto seeing most new home listings in Canada but hardly anyone is buying

Predictions that Toronto's housing market would see a triumphant return of the enthusiasm and heat it's historically known for have fallen flat thus far, with sales continuing to dwindle far below hopes and expectations, and new listings continuing to pour onto the market.Nearly 20,000 homes are now up for sale within the GTA, per the Toronto Regional Real Estate Board (TRREB)'s numbers for January, marking a worrying 48.6 per cent uptick in new listings and 70.2 per cent increase in active listings compared to this time last year.The number of sales transactions, meanwhile, has fallen 7.9 per cent over the same time frame, disheartening realtors and sellers who were expecting a bounceback after an abysmal 2024.RBC economists really put these numbers into perspective in a new special housing report that this month compared how the real estate scenes in major cities across Canada are faring.One graph shows Toronto to have the third-biggest year-over...

Other

5 d. ago FT Portfolios Canada Co. Announces Cash Distributions for Its Exchange Traded Funds

TSX: FUD, FSL & ETP Cboe CA: FJFB & SDVD TORONTO, Feb. 21, 2025 (GLOBE NEWSWIRE) — FT Portfolios Canada Co. (“First Trust Canada”) is pleased to announce cash distributions for its Exchange Traded Funds (“First Trust ETFs”) listed on the Toronto Stock Exchange and Cboe Canada for the month ending February 28, 2025 The […]

Economics

7 d. ago 1 month shy of her 113th birthday, Canada’s oldest person shares some wisdom

The country's oldest living woman, Margaret Romans, was born in Latvia in 1912 and moved to Montreal in 1947. She says she's thankful to be here.

Other

8 d. ago Inflation ticks back up to 1.9% in January after rise in gas prices

OTTAWA — Canada’s annual inflation rate ticked back up in January to 1.9%, Statistics Canada reported on Tuesday. Prices got a full month-long effect of the federal government’s tax break but a spike in gas prices to start the year offset the government’s relief, with underlying inflation accelerating. The agency reported prices at the pump […]

Economics

9 d. ago Canada’s sugar, candy industry could be hit hard by tariffs, experts say

Canada and the U.S. are currently in a month-long truce after President Donald Trump threatened sweeping tariffs on Canadian imports.

Economics