1 hour ago Loblaws says groceries are about to get more expensive in Canada again

Shoppers can expect to see grocery prices continue to rise in Canada amid U.S. President Donald Trump's tariffs, according to a new report by Loblaw Companies Limited.The retailer, which owns major grocery chains like Loblaws, No Frills and Real Canadian Superstore, released its April food inflation report on Monday, following Statistics Canada's latest Consumer Price Index release last week.StatsCan reported that the country's inflation rate rose to 2.3 per cent in March, with food inflation spiking to 3.2 per cent.Loblaw says the 25 per cent tariffs slapped on Canada continue to challenge key sectors and lower consumer confidence.When the trade war between Canada and the U.S. began in March, the grocery giant told us that shoppers would not see an immediate impact on food prices."We expect a wide range of timing depending on the type of product, the current level of inventory, and the ability to find alternatives," said a Lo...

Other

2 h. ago IMF cuts global growth forecast by 0.5% amid U.S. tariffs: ‘New era’

The IMF said that the global economy will grow just 2.8 per cent this year, down from its forecast in January of 3.3 per cent, according to its latest World Economic Outlook.

Economics

3 h. ago U.S., global economic outlook worsens in face of Trump’s tariffs, IMF says

WASHINGTON — The outlooks for the U.S. and global economies have significantly worsened in the wake of President Donald Trump’s tariffs and the uncertainty they have created, the International Monetary Fund said Tuesday. The IMF said that the global economy will grow just 2.8% this year, down from its forecast in January of 3.3%, according […]

Economics

5 h. ago Calgary Centre: Donald Trump looms amid concerns over prices, housing and energy sector

Calgary Centre is among the city's most competitive ridings, according to results of recent federal elections

Economics

5 h. ago Calgary Centre: Donald Trump looms amid concerns over cost of living, housing and energy sector

Calgary Centre is among the city's most competitive ridings, according to results of recent federal elections

Economics

6 h. ago GE Aerospace Keeps Outlook in Bet Demand Overcomes Trade Worries

General Electric Co. reaffirmed its full-year financial outlook as first-quarter profit came in better than expected, shrugging off the uncertainty that President Donald Trump’s tariff war has created across much of corporate America.

Economics

18 h. ago Trump tariffs affect ag industry, including exempt products: CFA

While Canada was spared from Trump's 'Liberation Day' tariffs, the instability has caused stress among producers across the country.

Economics

20 h. ago S&P/TSX composite down almost 200 points Monday, U.S. stock markets tumble

TORONTO — Canada’s main stock index was down almost 200 points Monday in a broad-based decline after the long weekend, while U.S. stock markets also fell amid ongoing tariff concerns and U.S. President Donald Trump’s latest criticism of the head of the Federal Reserve. “We actually saw a pretty nice jump on some things last […]

Economics

21 h. ago Walmart, Target executives to meet Trump as tariff angst spreads

American companies have warned that business could slow in the months ahead as the import taxes go into place

Economics

22 h. ago Trump’s steel, aluminum tariff impacts start to build 1 month in

It's still not clear how much higher the tariffs will push consumer prices and translate into reduced demand, but industry insiders say the risks are building.

Economics

24 h. ago Mexico’s Sheinbaum Says No Deal in Trump Call, Talks Persist

Mexico’s President Claudia Sheinbaum said there’s no agreement yet with her US counterpart Donald Trump after the two spoke last week about lifting US tariffs.

Other

29 h. ago Posthaste: Trump’s tariff war threatens to expose cracks in the global economy

Expect inflation, interest rates and deficits to rise, say economists

Economics

33 h. ago Costs, chaos rising as metal tariffs pile up with no end in sight

TORONTO — The costs and chaos being caused by metal tariffs are starting to build up after a month in effect, and there’s little hope they’ll be removed in the foreseeable future. U.S. President Donald Trump imposed 25 per cent tariffs on Canadian steel and aluminum on March 12, while also raising metal tariffs for […]

Economics

50 h. ago Snowbird crisis: Some Canadians vote with their wheels to leave sunny south, Trump behind

“I find it deplorable, insulting and irresponsible to treat an ally in such a manner, and will remain a proud Canadian who chooses to spend our dollars anywhere but the U.S. in response to that."

Other

52 h. ago Between Trump’s trade war and an election, Carney undergoes baptism by fire

Mark Carney has decades of experience reading market tea leaves in buttoned-up office environments full of worsted suits and wealthy wonks.

Events

54 h. ago Strollers and other baby products will get more expensive — and harder to find — with tariffs

Sam Rutledge and his wife have a baby due in mid-July, so they thought they had a few more months to research and buy the gear they’ll need. But President Donald Trump’s tariff announcement in early April turned the couple’s slow walk into a sprint. In the past few weeks, they’ve bought two strollers, a […]

Economics

69 h. ago First Shockwaves of Trump’s Tariffs Are About to Hit the World Economy

Three weeks after US President Donald Trump effectively declared a trade war with the whole world, new economic forecasts and surveys will point to the initial fallout.

Economics

3 d. ago JAY GOLDBERG: Making the case for Canadian unilateral free trade

When kids are growing up, one of the lessons parents most frequently try to instil in their children is this: Don’t do something just because someone else is going to.  While U.S. President Donald Trump appears to be on a warpath towards protectionism, that doesn’t mean Canada has to follow.  Yes, Trump has slapped tariffs […]

Economics

4 d. ago Indonesia weighs costly U.S. arms purchases to curb tariff threat

Indonesia is considering purchasing billions of dollars’ worth of U.S.-made defence equipment, including fighter jets and munitions, to help ease trade strains and possibly ward off Donald Trump’s tariff plans. Defence Minister Sjafrie Sjamsoeddin held a closed-door meeting of senior officials on April 8 to deliver a directive from President Prabowo Subianto instructing them to […]

Economics

4 d. ago The US has a single rare earths mine. Chinese export limits are energizing a push for more

OMAHA, Neb. (AP) — America’s only rare earths mine heard from anxious companies soon after China responded to President Donald Trump’s tariffs this month by limiting exports of those minerals used for military applications and in many high-tech devices. “Based on the number of phone calls we’re receiving, the effects have been immediate,” said Matt […]

Economics