CashNews.co Canada’s government is imposing a 100% tariff on imports of Chinese-made electric vehicles that matches U.S. tariffs. Prime Minister Justin Trudeau also announced Monday there will be a 25% tariff on Chinese steel and aluminum. “Actors like China have chosen to give themselves an unfair advantage in the global marketplace,” Trudeau said at a cabinet retreat […]
CashNews.co (Bloomberg) — Most Read from Bloomberg Canada’s two largest railways are preparing to restart operations after Prime Minister Justin Trudeau’s government stepped in to try to end a labor dispute that has stopped freight movement across the country. Labor Minister Steven MacKinnon asked the Canada Industrial Relations Board to impose binding arbitration on Canadian […]
CashNews.co OTTAWA (Reuters) -Canada is seeing an unprecedented simultaneous stoppage at its two main freight rail operators that could inflict billions of dollars worth of economic damage. The two rail operators, Canadian National Railway and Canadian Pacific Kansas City, are holding separate talks with the Teamsters’ union, which represents more than 9,000 workers including locomotive […]
CashNews.co (Bloomberg) — Most Read from Bloomberg Canada’s two biggest railways shut down early Thursday after talks with union leaders failed, immediately blocking arteries of North American supply chains that carry about C$1 billion ($740 million) per day in trade. More than 9,000 employees at Canadian National Railway Co. and Canadian Pacific Kansas City Ltd. […]
CashNews.co More than half the $5.2 billion in mutual fund inflows went to bond funds, with all categories except balanced funds seeing positive net sales. (Photo by Gary Hershorn/Getty Images) (Gary Hershorn via Getty Images) Investors pumped money into Canadian mutual funds in July at a pace not seen in over two years, and mutual […]
CashNews.co Subscriptions Subscribe to Environmental Finance to benefit from: article In-depth special reports and analysis verified Commentary and insight from leading industry specialists sell Discounts for Environmental Finance events Subscribe now Read More #cashnews #Canada #finance
CashNews.co TORONTO (AP) — The union representing workers at Canadian National Railway Co. has taken down picket lines and said its workers will begin returning to work Friday. However, the Teamsters said the work stoppage at Canada’s other major freight railroad, Canadian Pacific Kansas City Ltd., remains ongoing, pending an order from the Canada Industrial […]
CashNews.co React NewsCanadian CMBS loan delinquency rate drops in July: Morningstar DBRS2024 Green Street UK. Modern Slavery Policy Terms of Use ESG Disclosure. Green Street’s global news publications are not provided as an….7 hours ago Read More #cashnews #Canada #finance
CashNews.co July’s Consumer Price Index numbers dropped this week: headline inflation is cooling, just as experts predicted. Canada’s annual inflation rate rose just 2.5% in July. That’s the slowest pace of growth since March 2021, and down from a 2.7% increase in June. But this doesn’t mean life is suddenly affordable again. Buried deeper in […]
CashNews.co The significant summer release of draft legislative proposals includes the following: A general package of draft income tax legislative proposals, including amendments relating to most of the remaining Budget 2024 measures, some new amendments relating to the enacted clean economy tax credits, and certain previously announced proposals, such as those relating to the elimination […]