Canadian demand for U.S. alcohol plunges 85% amid trade war, report shows Exports of American-made alcohol have taken a sharp hit due to ongoing trade […]
Tag: Economy
Tim Hortons to increase coffee prices for the first time in three years
Tim Hortons Raising Coffee Prices for First Time in Three Years Tim Hortons says it will raise its coffee prices by an average of 1.5 […]
Canada’s inflation rate climbed to 1.9% in August.
Canada’s inflation rate rose to 1.9% in August, up from 1.7% in July, Statistics Canada reported Tuesday. This was the last major piece of economic […]
Ottawa Bets on Copper to Power Nation-Building, but Canada Trails Global Competitors
Ottawa is fast-tracking two new copper mining projects, calling them “nation-building” efforts to secure one of the world’s most important natural resources as global demand […]
Ontario Minimum Wage Rising in October, but Experts Warn It Falls Short
Minimum wage workers across Ontario will see a small pay raise next month. Starting October 1, Ontario’s minimum wage will go up from $17.20 to […]
Carney unveils $80M relief fund to support Atlantic Canadian businesses hit by tariffs
Carney announces $80M tariff relief fund for Atlantic Canadian businesses Prime Minister Mark Carney visited St. John’s on Monday to announce an $80-million fund to […]
Ontario Moves to Eliminate Interprovincial Barriers for Regulated Professions
Ontario to Remove Barriers for Regulated Workers Across Canada Ontario is making it easier for people in regulated professions to work across the country by […]
Federal Court Strikes Down Trump’s Tariffs — What Comes Next?
Trump’s Tariffs Face Major Court Setback Donald Trump claimed he had the power to act without Congress and put big taxes, called tariffs, on goods […]
Canadian economy contracts 1.6% in Q2 as U.S. tariffs hit exports
Canada’s economy shrank more than expected in the second quarter as U.S. tariffs hurt exports, though higher spending by households and governments softened the blow, […]
Canada Lifts Retaliatory Tariffs on U.S. Goods That Meet CUSMA Rules
Canada to End Tariffs on U.S. Goods Covered by CUSMA by Sept. 1 Prime Minister Mark Carney announced Friday that Canada will remove all tariffs […]