3 d. ago With more than 20,000 employed in the automotive sector here, about 10,000 of those jobs may be lost within weeks of the tariff being charged, said industry observers.

Trump tariffs poised to hammer Canada’s auto industry could slash the London region automotive workforce by half, as the cost of exports to the U.S. will spike, industry observers say. With more than 20,000 employed in the automotive sector here, about 10,000 jobs may be lost within weeks of tariffs being imposed, they said. That […]

Economics

4 d. ago Marcus & Millichap’s IPA Capital Markets Division Continues Canadian Expansion

TORONTO — IPA Capital Markets, a division of Marcus & Millichap (NYSE:MMI) specializing in capital markets services for major private and institutional clients, announced today its continued expansion in Canada with the hiring of real estate finance industry veteran Onorio Lucchese. Marcus & Millichap’s IPA Capital Markets Division Continues Canadian Expansion Lucchese joins as senior […]

Economics

4 d. ago White House says President Trump will announce auto tariffs today

WASHINGTON — White House Press Secretary Karoline Leavitt said U.S. President Donald Trump will announce tariffs on auto imports at 4 p.m. Wednesday in the Oval Office. Leavitt did not offer details about how the tariffs would affect the North American automobile industry, which is integrated among Canada, Mexico and the United States. It’s also […]

Economics

5 d. ago Zymeworks to Present Preclinical Data on T cell Engager and Antibody

Novel trispecific T cell engager, ZW209, demonstrates potent preclinical efficacy against DLL3-expressing tumors and an encouraging safety profile New antibody-drug conjugate (ADC) candidate, ZW327, exhibits anti-tumor activity and a favorable pharmacokinetics profile in Ly6E-bearing cancers VANCOUVER, British Columbia, March 25, 2025 (GLOBE NEWSWIRE) — Zymeworks Inc. (Nasdaq: ZYME), a clinical-stage biotechnology company developing a diverse […]

Other

1 week ago Ford stands by Chinese EV tariffs, Moe says they protect ‘non

Scott Moe said electric vehicle tariffs are a 'Western Canadian expense at the benefit of a non-existent EV auto industry in Eastern Canada.'

Economics

1 week ago Alberta Premier Danielle Smith backs energy sector CEOs calling on feds to build major projects faster

Alberta Premier Danielle Smith backed an open letter from the heads of Canada’s largest oil and gas producers calling on all four federal political leaders to find ways to build major projects faster. In an open letter sent to federal political leaders on Wednesday, industry CEOs outlined their plans to strengthen Canada’s economy from establishing […]

Politics

1 week ago Energy CEOs to Canadian leaders: An urgent plan to strengthen economic sovereignty

CEOs representing Canada’s energy industry released a letter to Canadian federal political leaders outlining an urgent action plan to strengthen Canadian economic sovereignty, through our energy industry. The open letter calls for a rapid, dramatic regulatory restructuring to enable investment in critical oil and natural gas infrastructure across Canada. OTTAWA, Ontario, March 19, 2025 (GLOBE […]

Politics

1 week ago Hardly any developers are building homes in Toronto as market continues to plunge

Despite Toronto's impractical cost of living, the stress of the trade war and the nation's casual economic recession and all, it's a pretty great time to get into GTA real estate if that's always been a dream of yours.Sellers are getting desperate as new listings continue to indundate the market while sales numbers remain a shadow of what they once were.The downward spiral has been been especially bad for condos, and worse, still, for new condos — so bad that a growing number of complexes have been stalled in various stages of progress, with not enough units sold to continue.Naturally, this has been cause for alarm among stakeholders on the building side of things, who continue to plead for the government to intervene in the form of lowering certain taxes, development charges and other fees that hamper new construction.The Building Industry and Land Development Association (BILD) and Canada Mortgage and Housing C...

Sport

2 w. ago Industry group says Trump tariffs could destroy U.S. demand for aluminum

MONTREAL — A representative of Canada’s aluminum industry says the Trump administration’s 25% tariffs could destroy demand for the metal in the American market. Jean Simard, president and CEO of the Aluminum Association of Canada, says orders from U.S. clients will slow and aluminum will pile up at Canadian factories if the tariffs persist. He […]

Economics

2 w. ago Canada’s dairy industry says tariffs less scary than threats to supply management

Canada imports more dairy from the U.S. than it exports, which suggests a dairy tariff war would hurt American farmers

Economics

2 w. ago Trump's threatened tariffs on Canadian dairy products 'just noise': Expert

U.S. President Donald Trump took aim at Canada’s dairy industry Friday, signaling he will implement steep tariffs on Canadian dairy. Though the dairy tariff threat is “noise” from the Oval Office, it’s a sign U.S. access to the Canadian market will be a battleground for the Trump in the future, one Canadian agri-food expert says. […]

Economics

3 w. ago Canada’s canola farmers fearing fallout from new Chinese tariffs, eager for resolution

Saskatchewan Premier Scott Moe said province's canola industry is being 'put in the line of fire' because of Canada and China's spat over electric vehicles

Economics

3 w. ago JAY GOLDBERG: Canada should counter tariffs by unleashing Canadian energy

With the United States imposing punishing tariffs on Canada’s economy, it’s never been more important to strengthen Canada’s economic position and competitiveness.  A major key to achieving that goal is unleashing Canadian energy.  Over the past decade, the Trudeau government has stifled the growth of Canada’s oil and gas industry at virtually every turn.  Canada should […]

Economics

3 w. ago Opinion: Decisive action needed to protect Alberta's forestry industry

Canada’s economy is facing an attack — and our forest industry is on the front lines. Our forest products face a staggering 55-per-cent tax on a market that takes half of the country’s lumber, pulp, and wood panels. On March 3, Donald Trump announced a 25-per-cent tariff on all Canadian goods, while the U.S. Commerce […]

Other

3 w. ago Tariffs Will Cost Automakers Billions, Says Canada’s Linamar

Adding steel and aluminum tariffs to auto tariffs would cost carmakers billions of dollars and is “likely to shut the industry down,” says the head of Canada’s second-largest public car parts manufacturer, Linamar Corp.

Economics

3 w. ago Lucy Gay: Trump tariffs forced Liberals to face the true cost of net zero virtue signalling

The 10% energy tariff is really just finishing the job Trudeau started: killing Canada's oil and gas industry

Economics

3 w. ago U.S. and Canada Industry Profiles 2025: Explore Over 970 Sectors with Easy

DUBLIN — The “Vertical IQ Annual Research Subscription: 970+ Industries Profiled Across the U.S. and Canada” report has been added to ResearchAndMarkets.com’s offering. As a leader in industry-specific research, the publisher presents a focused, actionable, and relevant platform of industry reports, local economic reports, curated news, and financial comparisons designed to educate, support, and enable […]

Other

3 w. ago U.S. tariffs threaten thousands of Canadian tourism industry jobs

A non-profit organization in Canada is warning that tariffs could lead to further financial losses and widespread layoffs in the country's tourism industry.The Canadian Association of Tour Operators (CATO), which represents parts of the country's overall tourism industry, is pushing for change to reduce further impact. According to CATO, U.S. President Donald Trump's plan to impose 25 per cent tariffs on Canada has "already caused significant damage" even before tariffs took effect on Tuesday."As for the vital tourism sectors of both the United States and Canada, the costs are being felt across the industry, from hotels and restaurants to travel agencies, tour operators, and transportation services," reads a statement emailed to Daily Hive. "Thousands of jobs are at risk, and without swift and decisive action, the consequences will only worsen. We cannot afford to stay silent."Despite the impact of tariffs, the organization said that "it's not too late to turn the tide." It's urging...

Economics

3 w. ago U.S. tariffs set to slow pace of homebuilding in Canada: CHBA

OTTAWA — Canada’s building industry says a trade war with the United States will slow down the pace of home construction. Canadian Home Builders’ Association CEO Kevin Lee says the U.S. tariffs levied against Canada today will have a “muted” impact on the industry on their own. But he says an expected slowdown in the […]

Economics

3 w. ago Protect Canadian unity ‘through the protection of its media,’ industry execs say

The coalition wants the feds to help the industry by closing what it describes as a loophole in the Income Tax Act

Other