Canadian exports drop 2.8% as tariffs weigh on economy
New data from Statistics Canada reveals a significant downturn in exports, with tariffs creating headwinds for the nation's economic growth and international trade performance.
Category : Business
Saskatchewan's $7B Nuclear Energy Breakthrough
Saskatchewan embarks on a transformative $7 billion nuclear energy partnership with Ontario Power Generation, positioning the province as Canada's next clean energy leader while creating thousands of jobs.
Canada pivots to Asia trade as Trump tariffs threaten economy
As Trump threatens sweeping tariffs, Canada accelerates trade diversification with Asian markets. Discover how Ottawa is building economic bridges to India, ASEAN and beyond to counter U.S. protectionism.
Boeing's 777X Program Takes $5 Billion Hit Amid Delays
Boeing faces staggering financial losses on its troubled 777X widebody jet program as certification delays push first deliveries to 2025. The aerospace giant's latest earnings reveal nearly US$5 billion in additional charges.
Halloween Candy Prices Soar: Here's Why
Discover the surprising factors driving up Halloween candy prices in Canada, from climate change to supply chain issues, and learn how to save on your spooky treats.
Toronto Luxury Condos: Pool, Wine Bar & Den Living
Discover a revolutionary approach to city living in Toronto where luxury amenities meet practical design. This one-bedroom-plus-den concept redefines urban sophistication.
Toronto Condo Market Crashes: 53 Units Sold in September
Toronto's condo market faces unprecedented downturn with sales plummeting 85% year-over-year. Rising interest rates and economic uncertainty create perfect storm for real estate.
Housing Crisis Fuels Domestic Violence in Calgary
Groundbreaking Calgary research exposes direct link between unaffordable housing and rising domestic violence rates, with victims trapped in dangerous situations due to financial constraints.
Trump's Golden Gifts Amid US-South Korea Trade Progress
Former President Donald Trump receives lavish golden gifts while US and Seoul make significant progress on critical trade negotiations that could reshape economic relations.
Fed Signals Rate Cuts: Impact on Canada
The U.S. Federal Reserve signals potential rate cuts ahead, marking a significant policy shift that could impact Canadian mortgages, investments, and economic growth. Discover the timeline and implications.
Kraft Heinz Cuts Sales Forecast Amid Consumer Pullback
Kraft Heinz faces ongoing consumer pressure as shoppers cut back on packaged foods, forcing the company to lower its annual sales and profit outlook for 2024.
Argo Drives 550% GO Station Connection Surge in Toronto
Toronto's commuting landscape transforms as Argo's digital platform drives explosive growth in GO Station connectivity, reshaping how commuters navigate the GTA.
UBS Q3 Profit Soars, Trouncing Expectations
Swiss banking giant UBS reports blockbuster third-quarter earnings, crushing analyst forecasts as integration with Credit Suisse accelerates. Discover how strategic moves and market conditions fueled this impressive performance.
Canada Pension Plan's India Portfolio Soars to $21B
The Canada Pension Plan Investment Board's strategic investments in India are delivering massive returns, with the portfolio growing to $21 billion and outperforming expectations in one of the world's fastest-growing economies.
Adidas North American Sales Drop Amid Yeezy Fallout
Adidas faces significant sales decline in North America amid ongoing Yeezy partnership fallout and challenging tariff landscape, impacting the sportswear giant's recovery strategy.
Caterpillar beats estimates as AI drives equipment demand
Caterpillar's Q2 earnings crush estimates as artificial intelligence data centers drive unprecedented demand for power generation equipment and backup systems.
Alberta General Strike Threat: How Real Is It?
As Alberta's government pushes controversial legislation, labour leaders are threatening a general strike. Discover why this nuclear option is being discussed and what it could mean for Canadians.
Kraft Heinz Cuts Sales Forecast Amid Consumer Pressure
Food giant Kraft Heinz faces significant challenges as inflation-weary consumers pull back, forcing the company to lower its annual forecasts and rethink pricing strategies.
Vendasta names Mark Brodahl Chief Revenue Officer
Saskatoon-based SaaS leader Vendasta strengthens its executive team with industry veteran Mark Brodahl to drive worldwide revenue growth and market expansion strategies.
Major Gold Discovery in Quebec's Menarik West
Exploration partners Harfang Resources and SOQUEM strike significant gold mineralization in Quebec's Eeyou Istchee James Bay territory, revealing multiple high-grade veins that could reshape the region's mining potential.
Russia's Oil Exports Hold Steady Despite Sanctions
Despite sweeping new Western sanctions, Russia's crude oil exports show remarkable stability. Fresh analysis of global tanker movements reveals Moscow continues to find buyers, with export volumes holding steady in early 2024.
Caterpillar Earnings Soar on AI and Energy Demand
Caterpillar reports stellar Q1 2024 earnings driven by unprecedented demand from data centers and energy sectors, with AI infrastructure fueling industrial equipment sales.
Trump-Carney Clash Over Tariffs Threatens Canada
Former Bank of England Governor Mark Carney condemns Trump's tariff proposals as Canadian business leaders brace for economic fallout and trade disruption.
Coppernico Metals Expands Sombrero Project in Peru
Vancouver-based Coppernico Metals dramatically expands its footprint in Peru's prolific mining belt, securing additional concessions at the promising Sombrero project through strategic option agreements.
Allied Gold Reports Major Gold Discovery at Sadiola
Exciting exploration results from Allied Gold's Sadiola project reveal significant gold mineralization, positioning the site as a world-class gold system with tremendous potential for future development.
Revival Gold Strikes High-Grade: 3.0 g/t Over 21.1 Meters
Revival Gold announces exceptional high-grade gold intercepts at its Mercur Project in Idaho, including 3.0 g/t gold over 21.1 meters. The company is accelerating exploration with a fourth drill rig mobilized to the Beartrack-Arnett property, signaling st
Evergold Secures $350K for DEM Gold Drilling Program
Vancouver-based Evergold Corp. announces strategic $350,000 private placement with prominent investor CJ Greig, funding imminent drilling program at high-potential DEM gold prospect in British Columbia's Golden Triangle.
Bank of Canada Holds Rate at 5% Amid Inflation Fight
The Bank of Canada maintains its 5% overnight rate for the sixth consecutive meeting as inflation concerns persist. Discover what this means for mortgages, savings, and the Canadian economy.
Montreal Trails Other Major Cities in Economic Activity
New research shows Montreal trailing significantly in economic performance compared to other large North American urban centers, raising concerns about the city's competitive edge.
Canadian Steel Industry Pins Hopes on Budget Support
Canada's steel sector faces mounting challenges as it pins hopes on federal budget support, but industry experts warn domestic procurement mandates alone won't solve structural issues.
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