Daily News

Source: Financialpost April 08, 2025

Bank of Canada outlook surveys show recession fears rising

Almost a third of Canadian businesses and 67% of consumers expect a downturn this yearThe number of Canadian firms now operating on the assumption that a recession will occur over the next year has risen, according to surveys released by the Bank of Canada o...

Source: Financialpost April 08, 2025

China halts U.S. LNG imports for longest since last trade war

The geopolitical conflict is beginning to decouple the world’s biggest LNG seller and buyerChina hasn’t imported liquefied natural gas from the United States for 60 days, the longest gap in five years, as worsening relations between Beijing and Washington le...

Source: Financialpost April 08, 2025

'A mistake' and 'masochistic': Major investors, CEOs and economists lash out at Trump tariffs

Major figures in the investing world are questioning the wisdom of the tariffsThe fallout from Donald Trump‘s reciprocal tariff bombshell last week has been massive and it continues to grow. Stock markets are reeling. The S&P/TSX composite index fell into co...

Source: Financialpost April 08, 2025

U.S. hits Canada lumber with 34% duties even before tariffs

The current duties are the result of a trade dispute between Canada and the U.S. that has been dragging on for decadesThe United States is poised to more than double duties on Canadian double duties to 34.45 per cent, putting more pressure on U.S. materials...

Investor Source: Financialpost April 08, 2025

Pelletier: Like in politics, fear of change can hinder investing

Just as investors must recognize shifting economic landscapes and adjust strategies accordingly, so too must votersAs we approach the upcoming Canadian election, it is becoming increasingly evident via the polls that despite a challenging economic decade man...

Federal Election Source: Financialpost April 08, 2025

Conservatives vow Canada businesses to see 25% less red tape

Regulatory requirements on businesses have increased by 15 per cent under the Liberal government, costing firms at least $51 billion annuallyConservative Leader Pierre Poilievre promised to wake up the Canadian economy from the “red-tape-induced slumber” in...

Federal Election Source: Financialpost April 08, 2025

Why the political climate might be right to cut red tape once and for all

Poilievre rule would require cutting regulations for every new one as interest in unleashing economy grows We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Why the political clim...

Source: Financialpost April 06, 2025

How Canada could win a 'no tariffs' deal

Watch: Ian Lee of Sprott School of Business on why the Great Depression is a 'case study' for understanding current trade tensionsIan Lee, associate professor, Sprott School of Business at Carleton University, talks with Financial Post’s Larysa Harapyn about...

Source: Financialpost April 06, 2025

Rogers reveals buyer, structure of $7B deal for stake in its network infrastructure

Rogers will maintain full operational control for its entire national wireless network under the agreementRogers Communications Inc. has revealed that a group led by United States investment management company Blackstone Inc. is the buyer in its proposed $7...

Source: Financialpost April 06, 2025

Bank of Canada April rate cut still in play as job market weakens, economists say

Tariff uncertainty to continue to weigh on economy and hiringCanada’s economy lost jobs in March for the first time since January 2022, with the unemployment rate rising to 6.7 per cent from 6.6 per cent the month before, Statistics Canada said Friday. We...