Daily News

Source: Financialpost March 01, 2025

Trump, Zelenskiy fail to sign Ukraine minerals deal after outburst

Zelenskiy told Trump that Ukraine would never accept a simple ceasefire with Putin's Russia to conclude the warThe United States and Ukraine failed to sign a critical minerals agreement after a Friday meeting between Donald Trump and Volodymyr Zelenskiy devo...

Source: Financialpost March 01, 2025

‘A seismic change’: More than half of Canadian business leaders have lost confidence in the U.S. as a reliable trading partner

Polling data shows many leaders are doing more business at home and looking for alternatives to U.S. suppliersIn the face of a trade war, Canadian business leaders are making big changes in the way they conduct operations — and many are moving away from thei...

Entrepreneur Source: Financialpost March 01, 2025

Immigrant-owned businesses suffer from productivity gap

How productive immigrant-owned businesses are depends on the owner's experience before migration, says StasCan reportReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases m...

Economy Source: Financialpost March 01, 2025

Canada's GDP gained momentum to end 2024, beating expectations

The main contributor to growth was household spending, which rose by 1.4%Canada’s economy gained momentum to finish off 2024, growing at an annualized pace of 2.6 per cent in the fourth quarter to bring full-year growth to 1.5 per cent, Statistics Canada sai...

Source: Financialpost February 28, 2025

Canada would suffer smallest hit in reciprocal tariffs scenario, Yale study suggests

Tariff rates would increase by 4.59 percentage points, the smallest among the 20 countries studiedCanada fares the best if United States President Donald Trump ends up imposing reciprocal tariffs, according to a new report by Yale University. We apologize,...

Source: Financialpost February 28, 2025

White House says March tariffs remain the plan as Trump's comments draw confusion

A White House official said the deadline for Canada and Mexico tariffs remains March 4 and Trump had not yet decided on another extensionUnited States President Donald Trump on Wednesday gave a series of apparently contradictory answers about his plans to en...

Source: Financialpost February 28, 2025

CRA wins case against remote worker who claimed $67,000 in moving expenses

Jamie Golombek: You can claim these expenses if you work at home but for professional not personal reasonsReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through...

Source: Financialpost February 28, 2025

David Rosenberg: It may not seem obvious today, but Trump has done Canada a big favour when it comes to the future

The incentive is finally there to remove interprovincial trade barriers, diversify trade abroad and fast-track project approvalsThe United States sends tremendous support to its allies around the world, but the payback has typically been a more stable world...

FP Comment Source: Financialpost February 28, 2025

Philip Cross: Mining rebounds as Canada’s surprising new growth engine

In the 1990s, the industry looked as if it was dying out. Today it's an important driver of investment, employment, exports and growthSuccess stories are increasingly rare in Canada’s economy. But mining is one. And it’s mainly market-driven. We apologize,...

News Source: Financialpost February 28, 2025

Canada's economy is at a crossroads: Here's what has to happen next

Recent trade threat have laid bare longstanding economic vulnerabilities that have become more noticeableStephen Poloz likens the moment currently facing the Canadian economy to the country’s founding, which came soon after the United States abandoned a reci...