4 h. ago Trump’s film tariffs could blow ‘massive hole’ in Canada’s economy

Watch: 'Instability is bad for any industry, but particularly for the film industry, and having this 'what if' looming over filmmakers is making people nervous'

Economics

6 h. ago Bank of Canada says trade war ‘poses greatest threat to Canadian economy’

The Bank of Canada is warning the trade war brought on by U.S. President Donald Trump's tariff policy poses a significant threat to the economy, according to the latest report

Economics

6 h. ago Bank of Canada warns Trump’s tariffs could trigger ‘market dysfunction’

Financial stability report says global trade war could lead to severe economic consequences for Canada

Economics

50 h. ago High morgtage payments, downpayments keep buyers out of housing market: Survey

“Like sucking the oxygen out of a room, rising housing costs in Canada leave little left for consumers to spend in the overall economy"

Other

50 h. ago High morgtage payments, downpayments keep buyers out of housing market: Poll

“Like sucking the oxygen out of a room, rising housing costs in Canada leave little left for consumers to spend in the overall economy"

Other

52 h. ago Canada’s trade deficit narrows to $506 million as tariffs kick in

Exports to the United States declined by 6.6% during March

Economics

54 h. ago Trump plans to sit down with film industry to discuss tariffs: ‘I want to make sure they’re happy’

'I’m not looking to hurt the industry; I want to help the industry'

Economics

54 h. ago Toronto home sales taking absolute nosedive and nobody wants to buy

While the trade war is expected to have some effect on Toronto area real estate, given the substantial blow it's posing to Canada's economy overall, the market has already been in the pits for years now, falling far from the days of quick, easy sales for well over asking price.Listings keep accumulating — putting Toronto at the top of the nation's list for most homes hitting the market — while sales are diminishing to rock bottom levels not seen in decades.April's numbers, just released by the Toronto Regional Real Estate Board (TRREB) on Tuesday, serve to reinforce fears that we may have yet to see the worst for local homeowners, many of whom vastly overpaid for the dream of owning a space of their own in the infamously overvalued city.Last month saw 23.3 per cent fewer homes changing hands across the Toronto area than in April of 2024, making for the worst non-pandemic April for sales in 29 years.The average selling price o...

Other

69 h. ago U.S. President Donald Trump’s film tariffs could leave Calgary productions hanging

Proposed tariffs on films made outside of America are putting a dark cloud over Calgary's vibrant filmmaking industry — which is the fourth-largest of its kind in Canada.

Economics

2 d. ago Carney must sell Canada as vital to continental security, economy: Expert

Prime minister there to 'anchor a partnership with Canada and help set the terms globally,' says former Canadian diplomat

Economics

2 d. ago A Trump film tariff would send Canadian screen industry into ‘chaos,’ say local producers

When Daniel Bekerman set out to produce “The Apprentice” _ last year’s biopic about U.S. President Donald Trump — he figured some controversy might come from the subject, not the city it was filmed in. But the Toronto-shot film is now an example of the kind of international production that would be hit hardest by […]

Economics

3 d. ago Trump threatens tariffs on movies, but experts say it may not be so simple

U.S. President Donald Trump has set his sights on Hollywood, threatening tariffs and other policies to discourage companies from making films abroad.

Economics

3 d. ago Provincial clean power action plan shows government is serious about getting things built: New Economy Canada

Clean power is core to energy and economic security Vancouver, B.C., May 05, 2025 (GLOBE NEWSWIRE) — In response to the release of the Energizing our economy: B.C.’s Clean Power Action Plan, Alexa Young, New Economy Canada’s Vice President, said: “With this Action Plan, the Government is demonstrating that it’s taking seriously getting more clean power projects, electricity infrastructure […]

Politics

3 d. ago Ford government will ‘wait and see’ if Trump follows through on film tariff threat

Critics accused the government of 'throwing-in-the-towel' in response to U.S. President Donald Trump's latest tariff threat, this time targeting films.

Politics

3 d. ago ‘More chaos and uncertainty’ from Trump over film industry tariff, B.C.’s minister says

Spencer Chandra Herbert said regardless of what happens, the province is going to keep standing up for B.C. and the jobs the motion picture industry creates in the province.

Politics

3 d. ago Trump's 100% tariffs on movies made outside U.S. could devastate Toronto film industry

U.S. President Donald Trump announced a new sweeping trade policy on Sunday evening that threatens to shake up the global film industry and potentially devastate Toronto's thriving movie and TV production sector.Last night, Trump declared a 100 per cent tariff on all movies produced outside the United States, and framed the move as a matter of economic urgency and national security."The Movie Industry in America is DYING a very fast death," he posted on Truth Social. "Other Countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States… It is, in addition to everything else, messaging and propaganda!"He went on to authorize the Department of Commerce and the U.S. Trade Representative to begin implementing a 100 per cent tariff on any movie produced in countries outside of the U.S. "WE WANT MOVIES MADE IN AMERICA, AGAIN," he wrote, to which Commerce Secretary Howard Lutnick confirmed, &q...

Economics

3 d. ago It's time for London to tune up its bona fides as a music city. But how?

The numbers didn’t add up for Graham Henderson. Toronto had four million people and a music economy of $500 million a year. Austin, Texas had a fifth of the people, 800,000, and three times the music economy, $1.5 billion a year. As president of Music Canada at the time, Henderson set out to figure out […]

Other

6 d. ago Canada is further tightening immigration rules to combat housing crisis

The nation's new prime minister, Mark Carney, has announced the Liberal government;s plan to cap the number of international students and temporary foreign workers further.This step will help "ease strains" on housing in Canada.Carney shared several updates during a press conference on Friday morning:Federal trade barriersFederal barriers to internal trade will be removed by July 1 to "unleash the full potential of Canada.""We will work with provinces, territories and indigenous groups to identify projects that are in the national interest, projects that will connect Canada, deepen our ties with the world, and grow our economy for generations," he said."We'll make the Canadian government a catalyst for these projects, not an impediment, and we'll always be guided by our condition."Housing in CanadaMany housing initiatives were also announced, including establishing a plan called "Build Canada Homes,"&n...

Other

7 d. ago S&P/TSX composite index down, U.S. markets mixed on weakening economic data

TORONTO — Canada’s main stock index closed down Wednesday while U.S. markets were mixed as economic data showed signs of weakness on both sides of the border. Statistics Canada reported that the Canadian economy shrunk 0.2 per cent in February, though economists said harsh winter weather could be more to blame than tariff issues. In […]

Other

8 d. ago ‘Walking on a tightrope’: Deloitte predicts downturn for Canadian economy

According to the report, Canada’s economy is expected to take experience a 'modest downturn' over the second and third quarters of the year.

Other