Browsing: Business

Canadian dollar nears 70 US cents as rate gaps, weaker retail data and lower oil prices drive a sharp loonie selloff against the US dollar.

Canada’s 10% canned vegetable tariff starts as a temporary safeguard, excluding U.S., Mexico, Israel, Chile and developing suppliers.

Canada unveiled a C$1 trillion electricity strategy to double grid capacity by 2050, cut household costs and expand interprovincial links.

Quebec’s 2026-27 budget projects a C$8.6 billion deficit, adds targeted spending and keeps the province on track to balance its books by 2029-30.

Canada’s labor market weakened sharply in February as 84,000 jobs were lost and unemployment rose to 6.7%, led by full-time and private-sector declines.

Canada reached an agreement with Mexico to allow fresh potato shipments for consumption or processing, opening a new export channel for growers.

Canada is rolling out C$70 million in steel worker retraining and support as Ottawa expands its tariff response with broader labor and industry measures.

Leaders in New Delhi set a $50 billion trade goal for 2030 and backed a 2026 timeline for an economic pact alongside new energy and tech cooperation.

BMO survey of 1,500 adults says Canadians target C$1.7 million for retirement, up from C$1.54 million, as 36% doubt reaching it.

British Columbia’s 2026 budget raises the lowest income tax rate and expands PST to professional services, while projecting larger deficits and rising debt now.