Canadian CEOs push for early election as Trump escalates his threats
By that point, the Canadian economy may be nearing a recession if the country is engulfed in a tariff war with the United States. Trump has threatened to put 25 per cent tariffs on the goods the U.S.
Saskatchewan town sees flurry of construction thanks to $30K housing cheques
An official with a town in southeastern Saskatchewan says its plan to offer $30,000 cheques to anyone building homes in the community is paying off. Moosomin, located about 230 kilometres east of ...
Fed minutes show officials were eager to slow interest-rate cuts
The Fed’s favoured inflation gauge, the personal consumption expenditures price index, rose 2.4 per cent in the year through November, and 2.8 per cent minus food and energy. Fed officials since the ...
Lion Electric shifts focus from trucks to buses in bid to attract buyer
Quebec electric-vehicle maker Lion Electric Co. wants to focus on building school buses rather than trucks as part of a restructuring plan that would return all manufacturing operations to the ...
Take Trump threats seriously, but don’t swallow 'bait' and overreact, say cabinet ministers
Immigration Minister Marc Miller repeated an earlier comment comparing Trump’s rhetoric to an episode of the animated comedy ...
Energy sector goes from S&P 500's 'worst to first' in 2025 start
Energy is the star sector of the S&P 500 index in the early days of 2025, shaking off two consecutive years when it was a market laggard, and gaining despite Wall Street’s dim outlook for oil and gas ...
Constellation Energy nears US$30 billion deal for Calpine
Constellation Energy Corp. is nearing an acquisition of Calpine Corp., people familiar with the matter said, in what would be one of the biggest ever deals in the power generation sector.
Ricki's and Cleo to close stores while Frank and Oak seeks creditor protection
Comark Holdings Inc., which owns apparel brands Ricki’s, Cleo and Bootlegger, and with UCG Canada Holdings Inc., which operates as clothing brand Frank and Oak, both made court applications in recent ...
RBC, BMO could soon follow Wall Street out of climate club
Canada’s largest banks may be the next group to walk away from the industry’s biggest climate-finance alliance.
Montreal home sales continue to surge in December
A National Bank report on the latest data estimates that seasonally adjusted home sales rose 2.8 per cent from November to December, the eighth consecutive monthly increase. Meanwhile, cumulative ...
Doug Ford pitches energy plan to Trump in effort to avoid tariffs
BOWMANVILLE, Ont. — Ontario Premier Doug Ford is pitching U.S. president-elect Donald Trump on a vision to supply the two nations with energy, as he positions himself as the country’s protector amid a ...