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Source: Financialpost February 06, 2025

'The status quo is no longer working': Canadian tech leaders launch new platform to encourage innovation

Build Canada will issue weekly policy proposals that include a summary of the issue at stake and real-world policy solutionsFor years, Canada’s technology community has called on Ottawa to do more to boost innovation and productivity and attract capital to t...

Source: Financialpost February 06, 2025

Canada eyes more ways to ship oil to China as U.S. threatens trade

Success of Trans Mountain expansion is stoking desire to further decouple from an unpredictable neighbourAlmost every day since the expansion of Canada’s Trans Mountain pipeline was completed in May, a tanker laden with oilsands crude shipped through the lin...

Source: Financialpost February 06, 2025

Canadian dollar trades above 70 cents U.S. as tariff threat recedes

Higher loonie could become target for short-sellersThe Canadian dollar climbed above 70 cents U.S. early Wednesday with the immediate threat of a trade war on hold for the next month. We apologize, but this video has failed to load. Try refreshing your bro...

Source: Financialpost February 06, 2025

Colombia's president orders national oil company to cancel US venture over environmental concerns

BOGOTA, Colombia (AP) — Colombian President Gustavo Petro on Tuesday ordered the state-run oil company Ecopetrol to cancel a joint venture with a U.S.-owned company that was expected to produce around 90,000 barrels of oil per day, citing environmental conce...

News Source: Financialpost February 06, 2025

Posthaste: Canadian CEOs worry big changes are needed to stay viable

Yet Canada's chief executives lag their global counterparts in making changes We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canadian CEOs worry big changes are need...

Economy Source: Financialpost February 06, 2025

Why 25% tariffs doesn't necessarily mean 25% price hikes, and other things to expect in a trade war

The reprieve could provide Canadians with an opportunity to prepare if tariffs come to passPrime Minister Justin Trudeau announced on Monday that U.S. tariffs on Canada would be “paused” for up to 30 days, after agreeing to border security measures in an aft...

Source: Financialpost February 05, 2025

Shift to new trading partners won’t be quick or easy for Canada as tariff wall looms

Donald Trump's trade war could push businesses to find new markets, but not without cost Get the latest from Barbara Shecter straight to your inbox Sign Up Kyle Feigenbaum planned to take things slowly after meeting with an Asian retailer a few months...

Source: Financialpost February 05, 2025

Canadian dollar dips below 68 cents U.S., then soars on news of tariff reprieve

Loonie had fallen to lowest level in more than two decadesThe Canadian dollar went on a wild ride Monday, trading below 68 cents U.S. in anticipation of Donald Trump’s 25 per cent tariffs only to soar over 2.5 per cent on news of a reprieve later that day. ...

Investor Source: Financialpost February 05, 2025

Trump's tariff shock forces rethink of Canada's stock benchmarks

Stock-market prognosticators will probably need to lower their year-end expectationsOne day of extreme volatility has shaken Canada’s stock market to the point that strategists may re-consider their benchmark targets for the entire year. We apologize, but...

Source: Financialpost February 04, 2025

Eric Nuttall: Now is the time to unleash Canada's enormous resource potential

New pipelines are our “trump card,” and, if given the necessary urgency, they could be built in a matter of years, not decadesThere are countries who have successfully leveraged their resource wealth to enrich their citizens, and then there is Canada. We a...