Daily News

Source: Financialpost February 12, 2025

‘Chaotic moment’: How Trump threw a wrench in the gears of Canadian e-commerce

Move to eliminate ‘de minimis’ exemption for smaller packages sent delivery and logistics companies scrambling for solutionsOn any given day, Canadian-based logistics company GoBolt processes and ships nearly 100,000 items for retailers such as Holt Renfrew...

Source: Financialpost February 12, 2025

Home builders warn of 'brutal blow' to housing sector from steel, aluminum tariffs

Tariffs would lead to higher costs of key construction materialsTORONTO — Some developers say looming U.S. tariffs on Canadian steel and aluminum could be detrimental to the housing sector due to higher costs of key construction materials. We apologize, bu...

Source: Financialpost February 12, 2025

David Rosenberg: The United States is blaming others for the financial mess it created

And five reasons Donald Trump really wants to take over CanadaUnited States President Donald Trump thinks the rest of the world is ripping off the U.S., when the reason for its trade deficits reflects the fact that Americans are spending more of their after-...

Source: Financialpost February 12, 2025

Ford warns of 'devastating' impact on auto industry from Trump tariffs

'A 25 per cent tariff across the Mexico and Canadian border will blow a hole in the U.S. industry that we have never seen'Ford Motor Co. chief executive Jim Farley will travel to Washington on Wednesday to warn members of Congress that the 25 per cent tariff...

Source: Financialpost February 11, 2025

Doug Ford says he will ban China from energy and mineral deals

The announcement underscores Ford's efforts to convince the U.S. that Canada can support strategic competition with ChinaThe leader of Canada’s largest province said the government will ban Chinese components from energy projects if his party is reelected la...

Source: Financialpost February 11, 2025

Trump directed to release all funds after defying court order

Trump’s most aggressive policy moves have been paused in federal courts across the country as judges weigh legalityThe Trump administration must immediately unfreeze all US$3 trillion in federal funds, a judge ruled Monday, finding it violated his temporary...

Source: Financialpost February 11, 2025

'We need to hit back hard': Tariffs would put steel and aluminum sector in familiar predicament

Sector insiders are hoping to draw on past experience to better navigate the crisis Get the latest from Gabriel Friedman straight to your inbox Sign Up United States President Donald Trump is set to announce 25 per cent tariffs on aluminum and steel i...

Source: Financialpost February 11, 2025

West-East pipeline sentiment shifts as Trump says desire to absorb Canada is 'real'

Energy Minister Jonathan Wilkinson has cautiously welcomed reviving talks over an Energy East-type project Get the latest from Meghan Potkins straight to your inbox Sign Up Persistent talk of reviving plans to build an oil pipeline to Eastern Canada —...

Source: Financialpost February 11, 2025

Posthaste: Tariff threats have Canadian businesses rethinking exports, supply chains

88% of businesses are at least considering diverting their exports to countries without tariffs We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Tariff threats have Ca...

Economy Source: Financialpost February 11, 2025

Regulatory burdens drag down Canadian economic growth

Economists estimate removing interprovincial trade barriers could add between four and seven per cent to GDPThe rising number of rules and regulations shaved almost two percentage points off the growth in output from Canada’s business sector over a 15-year p...