Daily News

Source: Financialpost January 08, 2025

Canada's trade surplus with U.S. widens before Trump's return

Underscores the major role the U.S. plays in Canada's economyCanada’s trade surplus with the U.S. widened as did its deficit with the rest of the world, underscoring the major role its biggest trading partner and southern neighbour plays in its economy. W...

Source: Financialpost January 08, 2025

Any Trudeau effect on Canadian dollar wears off as reality sets in

Domestic politics take a backseat to systemic headwinds of tariffs and more interest rate cutsThe impact of Justin Trudeau’s resignation on the Canadian dollar appears to be fading, as domestic politics take a backseat to systemic headwinds, including those...

Source: Financialpost January 08, 2025

Mortgage wars looming as some Canadians take advantage of lower rates

Top bank heads expect many mortgage holders to be able to renew at lower rates over the next two years Get the latest from Naimul Karim straight to your inbox Sign Up The heads of Canada’s top banks expect many mortgage holders to be able to renew at...

Source: Financialpost January 08, 2025

Air Canada flight attendants could be poised to strike next

CUPE is hopeful public support and legislative initiatives like Bill C-415 will drive meaningful change for flight attendantsAir Canada’s flight attendants have launched a PR offensive as they enter contract negotiations with the airline and tensions rise ov...

Source: Financialpost January 07, 2025

Canada aims to become world's biggest uranium producer as demand soars

Demand for emissions-free power and energy security mark a turnaround for the resource-richCanada is racing to become the world’s biggest uranium producer as prices for the radioactive metal surge in response to soaring demand for emissions-free nuclear powe...

Source: Financialpost January 07, 2025

Canadian dollar gains as Wall Street weighs in on Trudeau's resignation

While the political drama in Ottawa could trigger some interesting intraday moves, the loonie may not yet be ready to spread its wings and flyThe Canadian dollar advanced after Prime Minister Justin Trudeau announced his resignation as head of the Liberal Pa...

Source: Financialpost January 07, 2025

Trudeau resignation puts capital gains tax hike 'on life support', but CRA still messing up

Kim Moody: An adaptive approach to the current circumstances would go a long way to eliminating misleading rhetoricReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases mad...

Source: Financialpost January 07, 2025

Prorogation upends capital gains proposal but CRA yet to offer guidance

Pitched in 2024, changes to the capital gains tax were met with disdain from tech and business communitiesReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through...

Source: Financialpost January 07, 2025

What Trudeau's resignation will mean for Canada's economy

Economists weigh in on what could be a 'new wave of uncertainty' for the countryJustin Trudeau says he will step down as prime minister once a new leader of the Liberal Party is selected, ending months of speculation. We apologize, but this video has fail...

Oil & Gas Source: Financialpost January 07, 2025

Canada stuck in recession if you look past the headline numbers, say economists

The real measuring stick of a country's economy is real GDP per capitaCanada’s in a recession and has been for quite some time, says economist Lars Osberg. We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see oth...