U.S. Federal Reserve cuts interest rates by another quarter point
The U.S. Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signalled that...
Bank of Canada preparing for more uncertain, shock-prone future
Bank of Canada governor Tiff Macklem says the central bank is preparing for a future that looks more uncertain and more prone to shocks.In...
After major layoffs, Quebec’s Lion Electric to enter creditor protection
Lion Electric, an electric bus and truck manufacturer based in Quebec, is entering creditor protection. The publicly traded company, headquartered in Saint-Jérôme, north of Montreal, said...
Canada to impose more tariffs on Chinese imports in new year
Canada plans to impose tariffs on a slew of Chinese products starting as early as next year, the government's fiscal update says — part...
Canada added record rental supply in 2024, but most units were too pricey for...
The Canada Mortgage and Housing Corp. says the pace of rent growth cooled significantly this year as Canada added its largest share...
Is Canada Post doomed?
Late last week, federal labour minister Steven MacKinnon recommended that Canada Post workers, who have been on strike for more than four weeks, be...
Postal workers ‘very confused, very angry’ about imposed end to strike
A St. John's union leader says striking postal workers in his shop are not at all happy about a labour board decision that will...
SoftBank to make $100B US investment in the U.S., Trump announces with CEO by...
U.S. president-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, announced on Monday that the Tokyo-based company would invest $100 billion...
‘Not that much of a deal’: Shoppers, businesses lukewarm on GST holiday
Shoppers and businesses across Canada are expressing mixed feelings and showing little enthusiasm as a two-month break from the federal GST took effect on...