Financial Insights That Matter TORONTO, Feb. 3, 2025 /CNW/ – Today’s announcement of a pause in the use of tariffs in Canada-U.S. trade is welcome relief for small businesses. But as the threat of tariffs continues to loom, the ongoing uncertainty will make it challenging for small business owners to plan and make decisions around their […]
Financial Insights That Matter OTTAWA — To justify his executive order imposing stiff tariffs on goods from Canada, Mexico and China, U.S. President Donald Trump cited an “extraordinary threat posed by illegal aliens and drugs, including deadly fentanyl.” Trump agreed Monday to pause the planned tariffs against Canada and Mexico for 30 days in response […]
Financial Insights That Matter US stocks closed higher on Tuesday, led by Big Tech, as investors assessed China’s instant retaliation to US President Donald Trump’s additional tariffs and the potential risks of a trade war. Traders also took in fresh jobs data, with job openings declining more than expected in December. Investors are continuing to […]
Financial Insights That Matter The logo of the app for the Chinese AI firm DeepSeek (Getty Images) The US is one of several countries currently mulling a ban of DeepSeek after the Chinese AI chatbot unexpectedly became one of the most downloaded apps in the world last week. Republican Senator Josh Hawley introduced a bill […]
Financial Insights That Matter By David Ljunggren OTTAWA (Reuters) -The Canadian province of Ontario on Monday said it was pausing a number of planned retaliatory measures against the United States, including the cancellation of a C$100 million ($68.12 million) contract with Elon Musk’s Starlink. Premier Doug Ford made the announcement after U.S. President Donald Trump […]
Financial Insights That Matter Breadcrumb Trail Links News Local News It has been 13 years since Ottawa’s Julie booker was diagnosed with breast cancer, but the financial costs linger. Get the latest from Elizabeth Payne straight to your inbox Sign Up Published Feb 04, 2025 • Last updated 6 hours ago • 4 minute read You […]
Financial Insights That Matter Tariffs have been the talk of the town over recent weeks, regularly overshadowing other important developments and causing volatility spikes. Though proposed tariffs on Mexico and Canada have been delayed for 30 days, the 10% tariffs on Chinese goods are still scheduled to take effect this week on February 4th. The […]
Financial Insights That Matter (Bloomberg) — The Canadian dollar and Mexican peso rebounded as leaders from the neighboring US countries said they’d struck deals with President Donald Trump to delay tariffs for one month. Most Read from Bloomberg The loonie, as Canada’s currency is known, surged more than 1% late in the Monday session — […]
Financial Insights That Matter TORONTO — Shoppers have been caught up in the buy Canadian fervour since U.S. President Donald Trump signed an executive order Sunday applying 25 per cent tariffs on all Canadian goods starting Tuesday. While the U.S. leader granted a 30-day reprieve on Monday evening, shoppers are still committed to shopping for […]
Financial Insights That Matter WASHINGTON (AP) — President Donald Trump on Monday agreed to a 30-day pause on his tariff threats against Mexico and Canada as America’s two largest trading partners took steps to appease his concerns about border security and drug trafficking. The pauses provide a cool-down period after a tumultuous few days that […]