26 h. ago Tariff response to be focus at Queen’s Park as new session begins

Ontario's response to the U.S. trade war will factor heavily in the first legislative sitting after Premier Doug Ford cruised to victory in the snap February election.

Economics

1 week ago US Job Market Seen Holding Up in March Before Toll From Tariffs

US hiring likely remained healthy last month and the unemployment rate held steady at a historically low level, pointing to a stable labor market ahead of an expected tariff-induced economic slowdown later this year.

Economics

2 w. ago FIRST READING: The one crucial variable in this election everyone is ignoring

If voter turnout ticks up only a bit from its historic lows, it upends projections of how this election will go

Politics

2 w. ago New GTA home sales were the lowest February ever on record: BILD

GTA new home sales remained historically slow in February, marking the lowest ever February on record according to the Building Industry and Land Development Association (BILD). There were 400 new home sales in February, which was down 50% from February 2024 and 84% below the 10-year average, according to Altus Group, BILD’s official source for […]

Sport

2 w. ago Building Industry reports worst February on record for new home sales in the GTA

Toronto, March 27, 2025 (GLOBE NEWSWIRE) — Greater Toronto Area, March 27, 2025 – Greater Toronto Area (GTA) new home sales remained historically slow in February, marking the lowest ever February on record, the Building Industry and Land Development Association (BILD) announced today. There were 400 new home sales in February which was down 50 […]

Sport

3 w. ago Ontario fast food chain scraps U.S. expansion plans amid trade war

Amid rising tensions from the trade wars, many in Ontario are opting to buy local products when it comes to their everyday purchases. Even Ontario-owned businesses are considering this when it comes to talks about expansion.Recently, Ontario-based vegan fast food chain Odd Burger put out a press release stating that it would be halting its U.S. expansion plans due to "escalating political tensions between Canada and the U.S.""Given the global tariff uncertainty, we are putting the brakes on our U.S. expansion until pricing metrics can be formulated with certainty," said James McInnes, CEO and co-founder of Odd Burger. "We are also seeing increased demand for our products in Canada, and as a Canadian Company, we want to make sure that we focus on our core market at this time."Additionally, the company added that it believes it can help other Canadian companies transition to plant-based products made in Canada and sees a significant growth opportunity in supporting the Canadian market...

Economics

3 w. ago ‘Full court press’: Ontario cities look for ways to fight Donald Trump’s trade war

Municipal politicians from across Ontario have been pondering ways that they can show support for Canada as the ongoing trade dispute with the U.S. drags on.

Economics

3 w. ago U.S. trade war has Ontario business owners' confidence at historic lows

Ontario small business owners are bracing for the worst amid some of the most uncertain economic times the province has ever faced.Canada's most populous province is expected to be one of the hardest hit by a tariff war with the U.S., and confidence among small business owners in Ontario has plummeted to historic lows.The Canadian Federation of Independent Business (CFIB)'s Business Barometer long-term index took a total nosedive in March, with the small business confidence indicator dropping 24.8 index points to an all-time low of 25 nationwide.To put this sharp decline into perspective, this figure represents lower levels of small business owners' confidence than any point recorded during the pandemic years in the early 2020s, the 2008 financial crisis, or even in the wake of the September 11 attacks in 2001.CFIB"Small business owners are feeling pessimistic about their business's perspectives for the next few months or even beyond. It's hard to make critical decisions for the lon...

Economics

4 w. ago We asked grain farmers: What's at stake for you in this trade war?

Ontario grain growers – caught in the crossfire of Canada's trade war – speak about how tariffs will affect their operations

Economics

4 w. ago Tariff uncertainty is affecting Canadian real estate and Ontario is hardest hit

While spring is typically the busiest time of the year to buy a home as more properties become available and competition increases, the housing market this season appears to be in a bit of a decline in Canada —and especially in Ontario — amid the ongoing trade war with the United States. According to a new report from the Canadian Real Estate Association (CREA), home sales in the country fell sharply from January to February, as many prospective home buyers chose to remain on the sidelines due to the threat of U.S. President Donald Trump's tariffs. Sales activity recorded over Canadian MLS Systems dropped 9.8 per cent month over month in February, marking the lowest level for home sales since November 2023, and the largest month-over-month decline in activity since May 2022. "The moment tariffs were first announced on January 20, a gap opened between home sales recorded this year and last. This trend continued to widen throughout February, leadin...

Economics

last month $6.4B U.S. border crossing project in Ontario may never live up to full potential

The enormous Gordie Howe International Bridge was supposed to be a game changer for cross-border trade, but the $6.4 billion bridge linking Canada and the U.S. is looking more and more like a white elephant amid a worsening trade war and American threats of annexation.Spanning the Detroit River between Michigan and Ontario, the bridge was hailed as a new symbol of cooperation between the two nations and longtime trade partners until cross-border relations fell apart in early 2025.Instead, it has become a symbol of the deteriorating relationship between the two nations, and if tariffs remain long-term, the Gordie Howe International Bridge may never live up to its true potential as a cog in the busy international shipping corridor.The new crossing — which officially became North America's longest cable-stayed bridge in 2024 —was designed to relieve overcrowded crossings linking Detroit and Windsor while filling a missing link in the international trucking corridor between ...

Economics