Business

'Between two elephants': Canadian farmers feeling China tariffs, worry about U.S.

REGINA — Prairie farmers say planned Chinese retaliatory tariffs on Canadian agricultural products are causing loads of uncertainty, while threats of U.S. levies and industry issues have created further...

13h ago

Loblaw to roll out 'tariff' symbols on products seeing higher prices due to trade war

As grocers increasingly highlight Canadian products amid a trade war with the U.S., Loblaw is rolling out new symbols alongside prices that include a symbol indicating when a product's price has been affected...

19h ago

Elon Musk claims X being targeted in 'massive cyberattack' as service goes down

Hours after a series of outages Monday that left X unavailable to thousands of users, Elon Musk claimed that the social media platform was being targeted in a “massive cyberattack.” “We get attacked...

17h ago

RBC cuts undisclosed number of staff amid 'growth strategy'

TORONTO — RBC says it has laid off some employees as part of its "growth strategy." Canada's largest bank says the cuts come amid changes meant to "better position RBC to take advantage of our global...

20h ago

Hudson's Bay likely to close some stores as part of restructuring: experts

TORONTO — Retail and insolvency experts expect Hudson's Bay will close some of its stores as it restructures through creditor protection. While the department store chain dating back to 1670 hasn't announced...

20h ago

U.S. commerce secretary says steel and aluminum tariffs coming this week

Canada remains in the crosshairs of U.S. President Donald Trump's enormous tariff agenda, with steel and aluminum duties set to come into force on Wednesday. U.S. Commerce Secretary Howard Lutnick said...

21h ago

Canadian, U.S. markets plunge Monday amid trade confusion

TORONTO — Stock markets on both sides of the border took a steep tumble Monday as the reality of a U.S.-Canada trade war took further hold, with the TSX losing almost 400 points, while the blue-chip...

15h ago

'How did we survive?' What Canadians recall — and don't — about the COVID-19 pandemic

There had been warning signs for months. There were the reports of dangerous flu-like symptoms in Asia. News of the lockdown that kept tens of millions of people inside their homes in China. Here at home,...
'Very difficult position': Bank of Canada expected to cut rate amid trade uncertainty

The Bank of Canada's interest rate announcement arrives on Wednesday in a cloud of uncertainty thanks to a shifting trade war with the United States. Most economists expect the central bank will deliver...
Who is Mark Carney? Here's some background on Canada's next prime minister

OTTAWA — Even when Mark Carney was still in high school, his friends bugged him about whether he would become prime minister one day. His answer was one fit for a future politician: to never confirm...