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Source: Financialpost March 13, 2025

Trump tariffs could destroy U.S. demand for aluminum: Industry group

Coca-Cola last month said it would shift to using more plastic bottlesMONTREAL — A representative of Canada’s aluminum industry says the Trump administration’s 25 per cent tariffs could destroy demand for the metal in the American market. We apologize, but...

Source: Financialpost March 13, 2025

Tariff war challenges Canadian pension funds to maintain their momentum

HOOPP CEO hopes Canada's next prime minister and government will bring back real return bonds Get the latest from Barbara Shecter straight to your inbox Sign Up Pension funds that were buoyed by soaring stock markets and growing economies that helped...

Source: Financialpost March 13, 2025

Banks cut prime rate to 4.95%, following Bank of Canada's lead

Reduction takes effect March 13Royal Bank of Canada, Toronto-Dominion Bank, Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Laurentian Bank of Canada, Desjardins Group, National Bank of Canada and Equitable Bank announced Wednesday...

FP Comment Source: Financialpost March 13, 2025

Matthew Lau: Is Carney just like Justin or lots like Kathleen (Wynne)?

The former Ontario premier took over from a once popular predecessor and, using the same playbook, ran the province further into the groundIn the face of an erratic Donald Trump and because Justin Trudeau left our economy in shambles, Canada desperately need...

Economy Source: Financialpost March 13, 2025

Canadian dollar looks through Bank of Canada rate cut and tariff mayhem — for now

There are voices in the investor community who think tariffs will win out over inflation, making more rate cuts likelyThe Canadian dollar rose after the Bank of Canada announced its seventh consecutive rate cut as investors appeared to look through the lates...

Source: Financialpost March 12, 2025

'Buy Canada' pressure builds on $2.3 trillion in pension plan cash

The federal government has resisted requiring pensions to invest domestically, though it strongly encourages them toUnited States President Donald Trump’s back-and-forth tariff threats are galvanizing an “invest in Canada” movement that’s prodding pensions t...

Source: Financialpost March 12, 2025

Canadians could be forced to register to stay longer than 30 days in U.S.

The change could impact Canadian snowbirds who will have to register and be fingerprintedPresident Donald Trump’s administration is preparing a new travel rule that could force Canadians planning to stay in the country for more than 30 days to register their...

Source: Financialpost March 12, 2025

Bank of Canada could slash rate below 2% if 'madness continues:' Benjamin Tal

Watch: 'We are toying with a recession,' says deputy chief economist of CIBC World MarketsBenjamin Tal, deputy chief economist of CIBC World Markets, talks with Financial Post’s Larysa Harapyn about how the Bank of Canada could slash the benchmark rate below...

FP Comment Source: Financialpost March 12, 2025

William Watson: One thing the election won’t be about — how to handle Trump

Everyone agrees retaliate and help victims should be our policy. We could debate details. More likely, leaders will just snipe awayConventional wisdom is that the upcoming federal election will be about who can best manage Donald Trump. That would be a waste...

Personal Finance Source: Financialpost March 12, 2025

Tariffs are a tax and the impact will be broader than just higher prices at the checkout counter

Moody: Canada can keep sleepwalking through economic decline, or it can wake up and fix its broken tax systemReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made thro...