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Buy American? No thanks, Canadians starting to say

Fri, 06/22/2018 - 13:01

Trade issues with the United States have many Canadians feeling uncharacteristically patriotic of late, and they say they're choosing to express that in their purchasing decisions.

Trump threatens 20% U.S. tariff on EU car imports

Fri, 06/22/2018 - 10:53

President Donald Trump on Friday threatened to escalate a trade war with Europe by imposing a 20 per cent tariff on all U.S. imports of European Union-assembled cars.

BlackBerry shares slip on lower enterprise revenue

Fri, 06/22/2018 - 09:14

BlackBerry Ltd. shares sank almost 10 per cent to their lowest levels in weeks on Friday, despite beating analysts' estimates and reporting a solid start to its 2019 financial year.

OPEC to boost oil production by 1 million barrels per day

Fri, 06/22/2018 - 06:58

Countries in the OPEC oil cartel have agreed to a new oil output level that effectively increases production by almost 1 million barrels per day.

Odds of rate hike next month decline as inflation rate holds steady at 2.2% in May

Fri, 06/22/2018 - 06:09

The cost of living increased at a 2.2 per cent annual pace last month, matching the increase seen a month earlier, but well short of what economists had been expecting.

How Trump's tariff fight with China could draw in the world's oil powers

Fri, 06/22/2018 - 01:00

The first border skirmishes in the U.S.'s simmering international trade war have been relatively contained. But that could change quickly if the conflict spreads to the primary resource powering the global economy — oil.

Canada's definition of beer could be changing

Thu, 06/21/2018 - 09:15

Federal officials are proposing changes to national beer standards that would widen the number of ingredients permitted in a pint and force brewers to list every ingredient on a can or bottle. Even the Canadian definition of "beer" would change.

Manulife cutting 700 jobs, consolidating Canadian operations

Thu, 06/21/2018 - 08:57

Manulife Financial Corp. said Thursday it plans to cut about 700 jobs in Canada over the next 18 months as it moves to digitize and combine some of its operations.

Ross says U.S. must create 'more painful' environment in trade

Thu, 06/21/2018 - 08:23

Commerce Secretary Wilbur Ross says the United States needs to make it harder for its trading partners to have high trade barriers in order to achieve President Donald Trump's ultimate goal of lower barriers and a level playing field.

Intel CEO resigns after probe into relationship with employee

Thu, 06/21/2018 - 07:19

Intel CEO Brian Krzanich is resigning after the company learned of what it's calling a consensual relationship with an employee.

Calgary judge awards Dow Chemical $1.06B US in dispute with Nova Chemicals

Thu, 06/21/2018 - 06:47

A Calgary judge has awarded Dow Chemical Canada $1.06 billion in damages against Nova Chemicals Corporation in a dispute over a massive ethylene plant in central Alberta.

Surveys asking if men are superior, whether gays deserve equal rights spark a research rethink

Thu, 06/21/2018 - 01:00

The head of the association representing pollsters in this country says in this era of social movements such as #MeToo, it's time for the industry to rethink its approach to probing for opinions on delicate topics.

Fix tax rate or risk business exodus, trade association warns

Thu, 06/21/2018 - 01:00

Another of Canada’s largest business groups is warning that Ottawa needs to act now to lower corporate taxes or risk a continued exodus of investment and jobs to the United States.

S&P/TSX composite index hits record closing high

Wed, 06/20/2018 - 13:20

Canada's main stock index closed at a record high Wednesday, boosted by a broad-based rally on the market.

Sesame Workshop to create new kids TV shows for Apple

Wed, 06/20/2018 - 12:57

Apple is getting into business with the prestigious Sesame Workshop.

Instagram unveils new video service in challenge to YouTube

Wed, 06/20/2018 - 12:20

Instagram has unveiled a new expansion, dubbed IGTV, which will increase the time limit on videos from one minute to 10 minutes for most users. Accounts with large audiences will be able to distribute programs lasting up to an hour.

'We want no part of it' : U.S. airlines refuse to transport migrant kids separated from parents

Wed, 06/20/2018 - 10:59

Major U.S. airlines are telling the White House that they don't want to participate in any transportation of migrant children who have been separated from their parents at border crossings.

The Mouse chases the Fox: Disney makes $71B US counteroffer for Twenty-First Century Fox

Wed, 06/20/2018 - 10:41

Disney is offering more than $71 billion US for Fox's entertainment businesses in a counterbid to Comcast's nearly $66 billion US offer .

More documents from Panama Papers law firm leak out, exposing its panic

Wed, 06/20/2018 - 10:30

More private documents from the Panamanian law firm at the centre of one of the biggest-ever leaks of financial records have been exposed, showing how enraged its clients were, global media outlets are revealing today.

Trudeau says pot will be legal as of Oct. 17, 2018

Wed, 06/20/2018 - 07:48

The Senate has passed the contentious bill to legalize cannabis, but Canadians cannot legally light up for several weeks to give provinces time to set up a retail regime, Justice Minister Jody Wilson-Raybould warned today.


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