Skip to content

National Business

Tariff threats putting chill on business activity but not yet on earnings: banks

Tariff threats putting chill on business activity but not yet on earnings: banks

TORONTO — The threat and uncertainty around tariffs is creating a chill on borrowing and business activity, said Scotiabank and BMO as they kicked off first quarter bank earnings Tuesday.
Scotiabank says tariff fears causing borrowers to hold back but risks 'manageable'

Scotiabank says tariff fears causing borrowers to hold back but risks 'manageable'

TORONTO — The threat of tariffs is leading to a pullback in borrowing as businesses and consumers wait to see what comes, said Scotiabank.
CDPQ to buy Innergex Renewable Energy in deal valued at $10 billion

CDPQ to buy Innergex Renewable Energy in deal valued at $10 billion

MONTREAL — Quebec pension fund manager CDPQ has signed a $10-billion deal to buy Innergex Renewable Energy Inc. in a bid to leave the “short-term” view of stock market investors behind.
UK to raise defense spending to 2.5% of GDP by 2027, Starmer says 2 days before Trump meeting

UK to raise defense spending to 2.5% of GDP by 2027, Starmer says 2 days before Trump meeting

LONDON (AP) — Prime Minister Keir Starmer pledged Tuesday to raise U.K. defense spending to 2.5% of gross domestic product by 2027, saying Europe is in a new era of insecurity that requires a “generational response.”
US consumer confidence plummets in February, biggest monthly decline since 2021

US consumer confidence plummets in February, biggest monthly decline since 2021

WASHINGTON (AP) — U.S.
Apple shareholders not expected to scrap diversity programs despite broader backlash

Apple shareholders not expected to scrap diversity programs despite broader backlash

Apple shareholders are expected to reject an attempt to pressure the technology trendsetter into scrapping corporate programs designed to diversify its workforce.
Big or small, financial experts say it's important to know your net worth

Big or small, financial experts say it's important to know your net worth

To someone who doesn’t have a lot of assets, knowing their net worth might seem pointless, but experts say it’s an important indicator of financial health, no matter how big or small the number.
'A wake-up call': Report urges agri-food export diversification amid tariff threat

'A wake-up call': Report urges agri-food export diversification amid tariff threat

TORONTO — The Canadian agriculture industry needs to expand its international exports to hold its own against U.S. tariffs and global competitors, according to a new report from RBC.
Provinces have roughly $100B at hand for tariff relief, Desjardins estimates

Provinces have roughly $100B at hand for tariff relief, Desjardins estimates

OTTAWA — Canada's provincial governments have enough fiscal firepower to respond to looming U.S. tariffs without supersizing their debt burdens, a new report says.
Dye & Durham receives unsolicited takeover offer for company

Dye & Durham receives unsolicited takeover offer for company

TORONTO — Dye & Durham Ltd. says it has received an unsolicited offer to buy the company, but that it is not in talks regarding any such deal.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks