Daily News

Source: Financialpost February 22, 2025

'Northern Leg' to B.C. coast could be built off existing Trans Mountain pipeline, sources say

Old proposal attracting renewed interest in as a response to new trade headwinds with the United States Get the latest from Meghan Potkins straight to your inbox Sign Up A long-shelved proposal to build a northern branch off the Trans Mountain pipelin...

Source: Financialpost February 22, 2025

'No way Canada can win a trade war': John Manley shares some hard truths

Trump's tariff threats a 'really loud wakeup call' for Canada,' says former deputy prime minister Get the latest from Gabriel Friedman straight to your inbox Sign Up As U.S. President Donald Trump continues to threaten all manner of tariffs — against...

Source: Financialpost February 22, 2025

Macklem warns there will be no 'bounce-back' for the Canadian economy in trade war with U.S.

Trump's tariffs would cut investment in economy by 12% and Canadian exports by 8.5% in first year, Bank of Canada estimatesBank of Canada governor Tiff Macklem warns the Canadian economy will not be able to bounce back from a protracted trade war with the Un...

FP Comment Source: Financialpost February 22, 2025

Jack Mintz: Will the real Liberal party please stand up?

Leadership candidates are disavowing some of the signature policies of the past nine years. But have they really changed?“I don’t get it.” This phrase comes to mind as I listen to senior Liberal politicians proposing to reverse a decade’s worth of Justin Tru...

FP Comment Source: Financialpost February 22, 2025

Matthew Lau: Red tape is strangling Canada’s economy

A new StatCan study says the burden is growing at more than two per cent a year and is harming investment, productivity and employmentAccording to a new Statistics Canada report, government regulation has grown over the years and it’s hurting Canada’s econom...

Source: Financialpost February 21, 2025

Posthaste: This mortgage could pay off if Bank of Canada slashes rate in tariff war

Interest rate could sink as low as 1.5%, say economists We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: This mortgage could pay off if Bank of Canada slashes rate in...

FP Comment Source: Financialpost February 21, 2025

Opinion: Future-proofing Canada’s financial system

To help diversify our trade we need faster, safer money transfers both at home and abroad and better financing of infrastructureBy Mark Zelmer and Jeremy Kronick We apologize, but this video has failed to load. Try refreshing your browser, ortap here to se...

Source: Financialpost February 20, 2025

High-speed rail corridor coming to Canada

High-speed trains moving on dedicated tracks at a top speed of 185 miles per hour would cut travel time in the area by halfCanada awarded a contract for a 1,000-kilometre high-speed passenger rail project between Toronto and Quebec City to a group led by the...

Source: Financialpost February 20, 2025

Weaker Canadian dollar leaves 'thumbprints all over' inflation report, says Rosenberg

Cost of items susceptible to a weaker loonie registered increases, economist saysThe “thumbprints” of a weaker Canadian dollar made their mark in January’s consumer price index (CPI) report, well-known Bay Street economist David Rosenberg said. We apologiz...

FP Comment Source: Financialpost February 20, 2025

Terence Corcoran: The perils of economic nationalism

The surge in nationalist thinking poses a threat to Canada’s economyNo matter what one may think of U.S. President Donald Trump’s outrageous idea of making Canada the 51st American state, the alternate idea taking hold in Canada is no less problematic. In re...