Daily News

Source: Financialpost December 05, 2024

Alberta chases $100 billion AI data centre opportunity

Government planning to introduce legislation to encourage tech companies to build data centres in the provinceThe province of Alberta, home to the world’s third-largest crude reserves, is making a push to become a hub for artificial intelligence data centres...

Source: Financialpost December 05, 2024

Canadian miners use China's rare metals ban to push back on Trump tariffs

'Stark reminder of the challenges posed by geopolitical tensions,' says groupChina’s move to ban exports of rare metals to the United States underscores the need for trade co-operation between mineral-rich Canada and its southern neighbour. We apologize,...

Source: Financialpost December 05, 2024

When Trump threatens, Canada and Mexico go their own way

Litmus test was president-elect's tariff throwdownA week before Donald Trump fired off yet another tariff threat on his neighbours, Justin Trudeau and Claudia Sheinbaum had a chance to confer in person about how to tackle that very scenario. Would they join...

Source: Financialpost December 05, 2024

'We're in a recession,' says former Bank of Canada governor Stephen Poloz

Canadian consumer has suffered a 30% increase in the cost of livingFormer Bank of Canada governor Stephen Poloz says Canada is in a recession, arguing the economy’s weakness has been masked by strong population growth. We apologize, but this video has fai...

Source: Financialpost December 04, 2024

Scotiabank CEO confident lender will hit earnings goals despite uncertainty

Shares fall as Bank of Nova Scotia posts higher fourth-quarter profit, but misses expectations Get the latest from Naimul Karim straight to your inbox Sign Up Bank of Nova Scotia chief executive Scott Thomson says he has a “high level of confidence” t...

Source: Financialpost December 04, 2024

This millennial is a full-time pharmacist, but also earns five figures per month in her side hustle

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by MogoXMoka MogoXMoka More young Canadians turn to...

Source: Financialpost December 04, 2024

Opinion: Statistics Canada has gone woke and it's affecting its data

A new study on alcohol use collected but withheld data on Indigenous Canadians and randomly assigned binary respondents to Men+ and Women+By Peter Shawn Taylor We apologize, but this video has failed to load. Try refreshing your browser, ortap here to se...

Source: Financialpost December 04, 2024

Enbridge cancels plans for natural gas pipeline in northern B.C.

Project was once touted as a key supply route for LNG export terminals near Prince Rupert Get the latest from Meghan Potkins straight to your inbox Sign Up Enbridge Inc. has cancelled plans to build a natural gas pipeline project in northern British C...

Source: Financialpost December 03, 2024

Layoffs could be on the table for public servants. Here's everything you need to know

Federal government undertaking multi-billion dollar spending review to "refocus" parts of budgetThe federal government is currently looking for ways to tighten its budget and curb the size of the public service. In order to do that, it’s undertaking a multi-...

Source: Financialpost December 03, 2024

The Canadian dollar vs. Donald Trump: How low can a slumping loonie go as the Trump trade plays out?

The dollar is hovering around 71 cents U.S. with presidential inauguration still two months awayThe Canadian dollar has been steadily declining over the past couple of months — a drop many economists and currency experts have linked to the rising expectation...