2 h. 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

4 h. ago Silver Lining Spied for Africa’s Gold Exporters, Oil Importers

Surging gold and the slide in oil prices are offering some African countries a rare boost, as the region copes with the fallout from President Donald Trump’s trade war and freeze on US aid.

Economics

23 h. ago St. Albert Public Schools suspends U.S. student trips amid border tensions as other school divisions proceed with caution

St. Albert schools suspend U.S. trips though others proceed; illness absences remain below outbreak levels

Society

23 h. ago St. Albert Public Schools suspends student trips to U.S. amid border tensions as other school divisions proceed with caution

St. Albert schools suspend U.S. trips though others proceed; illness absences remain below outbreak levels

Society

23 h. ago How stocks, bonds and other markets have fared so far in 2025

NEW YORK (AP) — Global financial markets have been turned upside down this year by President Donald Trump’s burgeoning trade war. Markets are not in full panic, but the double-digit declines in major U.S. stock indexes are testing nerves. U.S. markets had been on a two-year tear coming into 2025, though many believed that stock […]

Economics

28 h. ago Stocks open lower on Wall Street as worries linger over trade war

NEW YORK — U.S. stocks are falling as investors worldwide pull away from the United States because of the uncertainty caused by President Donald Trump’s trade war. The S&P 500 was 1% lower in early trading Monday and 14.9% below its record set two months ago. The Dow Jones Industrial Average was down 287 points, […]

Economics

29 h. ago Federal election fact check: Conservatives say housing starts fell under Liberals

The fine print in a Tory graphic shows the figures only cover housing starts from January to March 2025, which industry observers note is a result of economic uncertainty caused by a global trade war started by the U.S.

Politics

36 h. ago China Stops Imports of US LNG Amid Trade War, Custom Data Shows

China’s purchases of US liquefied natural gas plunged to zero in March after a sharp decline in the previous two months, as the trade war between the two biggest economies alters shipping routes.

Economics

36 h. ago China Slashes US Commodities Purchases as Trade Tensions Worsen

China sharply reduced imports of many US commodities last month, in some cases to zero, as the trade war between the world’s two biggest economies intensified.

Economics

39 h. ago Asian markets advance ahead of earnings reports by US tech giants

Asian shares were mostly higher Monday and U.S. futures fell as U.S. tech giants prepared to release their latest earnings after the recent spate of market turmoil brought on by President Donald Trump’s trade war. The futures for the S&P 500 and the Dow industrials were down 0.8%. Oil prices also fell. U.S. President Donald […]

Other

39 h. ago China Plastic Plants Face Closure Risk as Tariffs Hit US Ethane

Chinese plastics factories that depend on a gas they mainly import from the US are contending with the prospect of shutdowns as the world’s two largest economies bunker down for a prolonged trade war.

Economics

44 h. ago Thousands come out to hear Mark Carney speak at rally in Nepean

'This is the most consequential vote of our lifetimes because President Trump has ignited a trade war that has ruptured the global economy.'

Transport

53 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 Why auto insurance costs could rise due to tariffs and U.S. trade war

Levies exacerbate 'untenable' market conditions for auto insurance and wider industry — and Alberta's rate cap won't help, expert says

Economics

2 d. 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 Canada has the critical minerals Donald Trump wants. So what should we do with them?

A trade war and U.S. demand for critical minerals have put Canada’s rich deposits in the spotlight, prompting promises to fast-track resource projects.

Events

3 d. ago ‘Genuine animosity towards us’: Is the world losing faith in the almighty U.S. dollar?

Donald Trump's trade war is forcing investors to confront the possibility that the dominance of the U.S. currency might fade — or even end

Other

3 d. ago Charting the Global Economy: ECB Cuts Rates While Canada Holds

The European Central Bank and Bank of Canada opted for different policy responses to an escalating trade war, while both acknowledged growing risks to economic growth.

Culture

4 d. ago KHAN: Legal cannabis can help Canada fight the trade war — and crime

Time to back a homegrown industry that creates jobs, fights crime, and won’t get slapped with U.S. tariffs

Economics

4 d. ago 'Public showing up' for London Food Bank spring drive: Leader

The London Food Bank is entering the all-important final weekend of its spring food drive, an annual campaign that’s coming amid relentless demand for assistance and trade war uncertainty.  Leading into the Easter weekend, food donations are up from the same point in the 2024 campaign, London Food Bank co-executive director Jane Roy said Thursday, […]

Politics