Browsing: Business

Canada’s trade deficit narrowed to CAD 4.94B in July as exports to the US rose and imports declined, according to new data from Statistics Canada.

Canada has lifted most tariffs on U.S. goods, easing trade tensions and clearing the way for tariff-free imports under the CUSMA trade agreement.

Prime Minister Mark Carney announced the launch of the Major Projects Office on August 29, 2025 in Calgary, establishing a centralized…

U.S. whiskey maker Brown-Forman reported a 62% sales decline for Jack Daniel’s in Canada as a result of provincial boycotts targeting American liquor.

Alberta reports a C$6.5B deficit for 2025–26 in its Q1 update, driven by falling oil royalties and rising labor costs, reversing last year’s budget surplus.

Canada’s economy contracted 1.6% in Q2 2025 as U.S. tariffs drove exports down 7.5%, marking the first quarterly decline in nearly two years.

Canadian bank leaders warn that global trade uncertainty threatens future growth, despite stronger-than-expected Q3 profits across major institutions.

Google launches test program for cannabis-related ads in Canada, restricted to Search and licensed operators under national cannabis regulations.

The U.S. government has taken a 10 percent stake in Intel, converting nearly $9 billion in subsidies into stock to boost domestic semiconductor leadership.

Wall Street rallied as Powell signaled a potential September rate cut, lifting Dow over 800 points and sending S&P 500 and Nasdaq to multi-month highs.