Daily News

Source: Financialpost March 25, 2025

Poilievre promises deeper income tax cut than Carney

Poilievre’s plan would cost the federal books at least $12 billion, while Carney’s would remove $6 billion in revenueCanadian Conservative Leader Pierre Poilievre is promising a deeper income tax cut than Liberal Leader Mark Carney, as the two politicians co...

Source: Financialpost March 25, 2025

With Trump's April 2 reciprocal tariffs looming, the big question is: What’s Canada’s number?

Country could be targeted for GST, dairy supply management and digital services taxU.S. President Donald Trump‘s April 2 date for the imposition of reciprocal tariffs on all U.S. trade partners is quickly approaching. But what Canada can expect for what the...

Source: Financialpost March 25, 2025

Lutnick says tariffs are like ‘joining Costco’, but is the revenue enough to replace U.S. income tax?

Trump wants to eliminate income tax for those earning less than US$150,000 and replace it with tariff revenue Get the latest from Naimul Karim straight to your inbox Sign Up U.S. President Donald’s Trump’s global trade war is sowing economic chaos aro...

Source: Financialpost March 25, 2025

Posthaste: Worried about Trump's 'liberation day'? Here's how it might actually work in Canada's favour

Impact on exports and odds of a deal improve with other U.S. trading partners in same boat, says CIBC We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Worried about Tr...

Investor Source: Financialpost March 25, 2025

Pelletier: With economic indicators flashing red, investors need to manage risk

Just because the markets and economies are uncertain it doesn’t mean your portfolio needs to be as wellI’ve been paying close attention to the many financial pundits who post charts illustrating how markets inevitably rise whenever a specific event occurs, s...

Source: Financialpost March 23, 2025

Pilots' union calls WestJet's use of Temporary Foreign Worker program 'problematic'

'Will cause irreparable damage to labour relations,' said Tim Perry, who leads the Canadian arm of ALPAThe Air Line Pilots Association (ALPA) is calling out WestJet Airline Ltd.‘s use of the Temporary Foreign Worker (TFW) Program, and the government’s approv...

Source: Financialpost March 23, 2025

France floats using powerful E.U. trade tool on U.S.

The European Commission, the E.U.’s arm which handles trade matters, is not currently considering the anti-coercion instrumentFrance wants the European Union to consider deploying its most powerful retaliatory measure against the United States for the first...

Source: Financialpost March 23, 2025

Elon Musk calls all-hands meeting at 9:30 at night to urge Tesla employees to hang on to their stock

'I can’t walk past a TV without seeing a Tesla on fire'Elon Musk sought to reassure Tesla Inc. employees that despite “rocky moments,” they should “hang onto” their stock, in an unannounced all-hands meeting Thursday in Austin, Texas, which the billionaire c...

Source: Financialpost March 22, 2025

Posthaste: A recession is headed Canada's way and it's likely coming sooner than you think, says report

Desjardins economists expect any current tariff exemptions to end in April hitting the economy hard We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: A recession is hea...

Source: Financialpost March 22, 2025

Hudson's Bay gets court approval to start liquidating Monday at all but six stores

The closure of HBC's stores could impact 9,360 employees and could “drastically” alter the dynamics of malls nationally Get the latest from Naimul Karim straight to your inbox Sign Up Hudson’s Bay Co. on Friday received court approval to start liquida...