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National Business
National Business
Sweeping tariffs could be 3% hit to Canadian economy, even with carve-outs: report
TORONTO — A CIBC report says sweeping tariffs imposed by the U.S. could cost the Canadian economy as much as 3.25 per cent, even factoring in possible exemptions for the oil and gas sector.
Jan 21, 2025 11:36 AM
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Musk's straight-arm gesture embraced by right-wing extremists regardless of what he meant
NEW YORK (AP) — Right-wing extremists are celebrating Elon Musk’s straight-arm gesture during a speech Monday, although his intention wasn't totally clear and some hate watchdogs are saying not to read too much into it.
Jan 21, 2025 11:01 AM
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Saskatchewan Mounties seize 400,000 unstamped cigarettes from semi, charge driver
LUMSDEN, Sask. — Police have seized two dozen pallets of unstamped tobacco from a semi that was stopped by officers near Lumsden, Sask. RCMP Supt.
Jan 21, 2025 10:28 AM
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As inflation ticks lower to 1.8% in December, economists expect further BoC rate cuts
OTTAWA — Canada's annual inflation rate ticked lower in December, thanks in part to Ottawa's temporary GST tax break, but economists still see interest rate cuts on the horizon as potential tariffs loom.
Jan 21, 2025 10:05 AM
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Cutting energy to U.S. in response to Trump tariffs is 'absurd,' says Bloc leader
OTTAWA — The leader of the Bloc Québécois says Canada is playing with fire by suggesting it could cut oil or electricity exports to the United States if President Donald Trump makes good on his promise to impose tariffs on Canadian goods.
Jan 21, 2025 9:39 AM
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As Trump takes power, Atlantic Canadian seafood firms look to diversify export market
HALIFAX — Seafood industry representatives in Atlantic Canada are urging harvesters and exporters to diversify their markets, as United States President Donald Trump takes office for a second term.
Jan 21, 2025 7:10 AM
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Teck Resources expects copper production to rise this year
VANCOUVER — Teck Resources Ltd. says it expects its copper production to total between 490,000 and 565,000 tonnes this year, helped by higher production at its Quebrada Blanca and Highland Valley Copper operations.
Jan 21, 2025 7:02 AM
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Walmart Canada names Venessa Yates as new president and chief executive
MISSISSAUGA, Ont. — Walmart Canada says Venessa Yates will be the company's next president and chief executive.
Jan 21, 2025 6:02 AM
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Here's a list of December inflation rates for selected Canadian cities
OTTAWA — Canada's annual inflation rate was 1.8 per cent in December, Statistics Canada says.
Jan 21, 2025 5:57 AM
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Here's a list of December inflation rates for Canadian provinces
OTTAWA — Canada's annual inflation rate was 1.8 per cent in December, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 0.6 per cent (1.2) — Prince Edward Island: 0.4 per cent (1.
Jan 21, 2025 5:57 AM
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