S&P/TSX composite unchanged, U.S. markets down after auto tariff announcement
Strength in the telecommunication sector helped Canada’s main stock index climb higher in the late-morning trading, while U.S. stock markets were mixed.
ADVERTISEMENT
Latest U.S. auto tariffs a recipe for higher prices, layoffs across North America
The auto industry is sounding the alarm about U.S. President Donald Trump’s latest tariff announcement.
B.C. securities regulator accuses Toronto lawyer of manipulating his client’s stock price
B.C.’s financial markets regulator has levelled allegations of “wash trading” – trading shares between two accounts controlled by the same person in order to manipulate the market – against a Toronto lawyer.
Hudson’s Bay awaits timeline for saving remaining six stores rescued from liquidation
Canada’s oldest company, Hudson’s Bay, may be on the verge of landing more time to save the six stores it has temporarily been able to rescue from liquidation.
Pre-tariff rush pushes Canadian crude to strongest in four years
Canadian heavy crude is trading at the smallest discount to benchmark U.S. oil in almost four years after a rush of sales to beat tariffs drained the country’s inventories.
Global Eggs agrees to buy Hillandale Farms for US$1.1 billion
Global Eggs, a company controlled by Brazilian entrepreneur Ricardo Faria, has agreed to buy U.S. egg producer Hillandale Farms for US$1.1 billion.
Trump tariff U-turns have FX traders cutting bets on big swings
Traders who’d bet on sharp swings in the US$7.5 trillion-a-day foreign-exchange market surrounding Donald Trump’s last two tariff deadlines are taking a new approach as the U.S. president vows an April 2 trade reckoning.
Walmart bets US$6 billion on Mexico even as economy slows
Wal-Mart de Mexico SAB, the local unit of the US retail giant, plans to invest $6 billion this year in its Mexico operations to add more locations.
Dollarama looks to grow Australian acquisition the Reject Shop to 700 stores by 2034
Dollarama Inc. says it is looking to grow the Reject Shop, the Australian discount retailer it is buying, to about 700 stores by 2034.
U.S. Fed backstop fears could threaten U.S. dollar, Deutsche Bank says
The withdrawal of a time-tested liquidity backstop offered by the U.S. Federal Reserve would represent the greatest risk to the dollar’s status as a reserve currency since the end of World War II, according to Deutsche Bank.
U.S. economy grew 2.4% in the 4th quarter after upgrade in final growth estimate
The U.S. economy expanded at a healthy annual 2.4% pace the final three months of 2024, supported by a year-end surge in consumer spending, the government said Thursday in a slight upgrade of its previous estimate of fourth-quarter growth.
RBC CEO Dave McKay says bank well positioned as tariffs create uncertainty
Royal Bank of Canada chief executive Dave McKay says the bank may see near-term headwinds that drive lower-than-expected performance.
These U.S. cities are hit the hardest by Canada’s tariffs: analysis
The U.S. cities most vulnerable to a trade war with Canada turn out to largely be in the states that helped return Donald Trump to the White House — a sign of the possible political risk he’s taking with his tariff plans.
BlackRock sees outcome ETFs jumping to US$650 billion by 2030
The world’s largest asset manager is betting big on a growing breed of derivatives-powered ETFs that’s shaking up the art of active portfolio management.
Coming to a store near you: double-digit coffee price hikes
If your favorite coffee beans have vanished from the shelves, don’t worry - they will return soon. The bad news is they will be up to 25 per cent more expensive.
The Daily Chase: Canada jolted by U.S. auto tariffs
Here are four things you need to know this morning.