Daily News

Source: Financialpost February 26, 2025

Canadian bankers say cautious clients keeping 'their powder dry' amid Trump tariff threats

BMO and Scotiabank see rise in caution and anxiety levels Get the latest from Naimul Karim straight to your inbox Sign Up United States President Donald Trump has not officially imposed 25 per cent tariffs on Canadian goods, but his threats have alrea...

Source: Financialpost February 26, 2025

TFI abandons plan to relocate to U.S. following shareholder backlash

Expert says this is 'a teachable moment' for other Canadian companiesMontreal-based TFI International Inc. is reversing plans to re-domicile from Canada to the United States just a few days after announcing its intention to move. We apologize, but this vid...

Source: Financialpost February 26, 2025

Posthaste: Four things that would be 'kryptonite' to Donald Trump's tariff threats

These vulnerabilities could buffer the blow to Canada, says economist We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Four things that would be 'kryptonite' to Donald...

Source: Financialpost February 26, 2025

Ukraine reaches minerals deal with United States

Kyiv hopes agreement on jointly exploring resources will improve relations with Trump administrationKyiv has agreed terms with Washington on a minerals deal that Ukrainian officials hope will improve relations with the Trump administration and pave the way f...

Source: Financialpost February 26, 2025

White House official pushes to axe Canada from Five Eyes intelligence group

Peter Navarro wants to increase pressure on country that Donald Trump has threatened to annexA top White House official has proposed expelling Canada from the Five Eyes intelligence-sharing network as Donald Trump increases pressure on the country he talks a...

Economy Source: Financialpost February 26, 2025

Provinces have roughly $100B available for tariff relief

Before the threat of tariffs, most provinces expected their fiscal situations to improve in 2025 amid forecasts for renewed economic growthCanada’s provincial governments have enough fiscal firepower to respond to looming United States tariffs without supers...

News Source: Financialpost February 26, 2025

Why exceptions are the rule when it comes to interprovincial trade

A report by the CFIB claims removing internal trade barriers could add an extra $200 billion annually to the economyIn a bid to bring down interprovincial trade barriers, Canada’s internal trade minister, Anita Anand, announced that the government intends to...

Source: Financialpost February 25, 2025

Aluminum keeps flowing from Canada to U.S. with buyers set to bear Trump tariffs

No immediate plans by producers to shift tons elsewhereLooming aluminum tariffs have put U.S. makers of everything from cans to cars on edge. But as long as they’re willing to pay enough of a premium, the metal is likely to continue flowing across the northe...

Source: Financialpost February 25, 2025

Trump team pushes Mexico toward tariffs on Chinese imports

Form part of their efforts to avoid threatened tariffsThe Trump administration told Mexican officials that they should put their own duties on Chinese imports as part of their efforts to avoid tariffs threatened by President Donald Trump, according to people...

Source: Financialpost February 25, 2025

Posthaste: Don't count Bank of Canada rate cut in March out just yet

Market odds of a cut have dropped to 25%, but this economist makes a contrarian case We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Don't count Bank of Canada rate c...