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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.
Feb 25, 2025 1:26 PM
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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.
Feb 25, 2025 12:50 PM
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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.
Feb 25, 2025 12:11 PM
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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.”
Feb 25, 2025 11:09 AM
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US consumer confidence plummets in February, biggest monthly decline since 2021
WASHINGTON (AP) — U.S.
Feb 25, 2025 9:25 AM
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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.
Feb 25, 2025 9:05 AM
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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.
Feb 25, 2025 9:00 AM
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'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.
Feb 25, 2025 9:00 AM
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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.
Feb 25, 2025 8:00 AM
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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.
Feb 25, 2025 7:52 AM
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