Browsing: Business

– According to recent models from Oxford Economics, Quebec is set to experience the most significant provincial economic decline due to a fresh set of U.S. tariffs. The firm forecasts these measures will decrease Quebec’s annual industrial output by nearly

– Canada is set to implement tariffs of 15%, 25%, and 50% on C$27.6 billion worth of U.S. imports starting September 8. These measures encompass more than 700 tariff items and are aligned with U.S. duty rates for each corresponding

WASHINGTON, D.C. / RankWire.AI / – On Thursday, the U.S. dollar hovered close to a three-month minimum amid a continued decline in long-term Treasury yields. The dollar index hovered around 98.81 against six leading currencies. The euro gained strength to

Official national economic tracking data released on Friday confirms the Canadian economy grew 0.3 per cent in May, extending a broader economic recovery into a second consecutive month and surpassing earlier government forecasts. According to monthly Gross Domestic Product figures

Nova Scotia is investing $250,000 in MB Meat Company, a new beef processing facility in Judique, Inverness County. The province said the site is Cape Breton’s only provincially inspected beef abattoir. The facility provides custom slaughter and cut-and-wrap services for

The Canadian dollar weakened to a 14-month low against the U.S. dollar on Friday, bringing it close to the 70 U.S. cent mark after a sharp week of losses. The loonie traded at 1.4180 per U.S. dollar, or 70.52 U.S.

Canada imposed a 10% tariff on imported canned vegetables on June 19. The measure applies for up to 200 days. It covers canned vegetable imports from most countries but excludes the United States. Mexico, Israel, Chile and developing countries also

Canada unveiled a national electricity strategy on Thursday aimed at doubling the capacity of its power grid by 2050, a buildout the government said would require more than C$1 trillion in investment as rising demand from industry, data centres, electric

QUEBEC: Quebec Finance Minister Eric Girard on March 18 tabled a 2026-27 budget that projects an C$8.6 billion deficit and keeps the province’s pledge to return to a balanced budget by 2029-30, setting out a slower deficit reduction path while

OTTAWA: Canada lost 84,000 jobs in February, the largest monthly decline in employment in nearly 17 years outside pandemic disruptions, while the unemployment rate rose to 6.7% from 6.5% in January, according to Statistics Canada’s Labour Force Survey released Friday.