Business

Canadians cancel U.S. business trips amid tariff anger and border fear

MONTREAL — First came the tariff threats. Then the annexation taunts. But it wasn’t until reports surfaced about foreigners being detained while trying to enter the U.S. that Oscar Acosta decided...

1h ago

Therme 'misrepresented itself' to secure Ontario Place spa deal with province: New York Times

A New York Times investigation has found that Austrian-based luxury spa company Therme "misrepresented" itself and misled the province of Ontario in order to secure a lucrative, nearly century-long deal...

20h ago

S&P/TSX composite ticks higher, U.S. stock markets fall

TORONTO — Strength in the energy sector helped Canada's main stock index make a small gain Wednesday after the Bank of Canada announced it would keep its key interest rate steady, even as U.S. markets...

20h ago

Rate hold means status quo for Canada's struggling housing market: experts

TORONTO — Real estate watchers say the Bank of Canada's decision to hold its key policy rate steady at 2.75 per cent will likely keep a sluggish housing market at the status quo. Wednesday's announcement...
California sues to stop Trump from imposing sweeping tariffs

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom sued the Trump administration on Wednesday, challenging the president's authority to impose sweeping tariffs that have set off a global trade war. ...

20h ago

Lacking clarity on U.S. trade, Bank of Canada keeps 'powder dry' with rate hold

OTTAWA — The Bank of Canada doesn't know quite yet how to navigate monetary policy amid constantly shifting trade turbulence with the United States, so the central bank kept its powder dry with an interest...

21h ago

Canadian university teachers warned against travelling to the United States

HALIFAX — The association that represents academic staff at Canadian universities is warning its members against non-essential travel to the United States. The Canadian Association of University Teachers...
Johnson & Johnson expects $400 million in tariff-related costs, mostly related to China

Health care giant Johnson & Johnson expects about $400 million in tariff-related costs this year. The costs will be felt primarily within the company's medical technology unit, which...
Ottawa says automakers that keep building in Canada will get a tariff exemption

WASHINGTON — Automobile companies that continue to manufacture vehicles in Canada will get an exemption from Ottawa's retaliatory tariffs as U.S. President Donald Trump attempts to upend the North American...
Honda says 'no changes' to production at Ontario facility being considered at this time, refuting earlier report

Honda has released a statement refuting earlier reports that it was planning to move some of its production from its plant in Alliston, Ont., to the United States in response to U.S. President Donald Trump's...