Daily News

News Source: Financialpost March 21, 2025

Bank of Canada will work to minimize risk in face of trade war, Macklem says

Usual ‘forward-looking’ approach too difficult amid uncertaintyCanada’s trade war with the United States has forced policymakers to be “less forward-looking” than normal, according to Bank of Canada governor Tiff Macklem, who acknowledged trade uncertainty w...

News Source: Financialpost March 21, 2025

Bank of Canada will pause in April: Desjardins

Jimmy Jean: Canada is dipropionately exposed to trade in a way that the U.S. is notJimmy Jean, chief economist at Desjardins Group, talks with Financial Post’s Larysa Harapyn about what to expect when it comes to interest rates in the coming months. We ap...

Source: Financialpost March 20, 2025

Posthaste: Why Canadians are ill prepared for the great wealth transfer

Almost 60% of Canadians expect an inheritance, but only 33% have a good understanding of the tax considerations We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Why Ca...

Source: Financialpost March 20, 2025

Some Canadian businesses contemplate move to U.S., raising concerns for economy, says PwC

Almost 70% complain of increased costs and supply chain disruptions, while 42% are experiencing reduced demandSome Canadian companies are contemplating moving their operations to the United States as a long-term solution to get around Donald Trump‘s tariff t...

Source: Financialpost March 20, 2025

It's time for Canadians to challenge the American domination of the LNG space

Susan McArthur: Canada is now among the top 10 countries with natural gas reserves. It's time to take advantage of thatBy Susan McArthur We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our t...

Source: Financialpost March 19, 2025

Hudson's Bay still waiting for court order as it looks to start liquidating its stores

Like many brick-and-mortar stores, the retailer, with 80 full-line stores across Canada, struggled to compete with e-commerce Get the latest from Naimul Karim straight to your inbox Sign Up Hudson’s Bay is still trying to get a court order that will a...

Source: Financialpost March 19, 2025

Bank of Canada's job just got 'even harder': Economists on the latest inflation numbers

Markets and more economists calling are betting that policymakers will hold interest rates at April 16 decisionFebruary’s consumer price index report took economists by surprise as the rate of inflation accelerated on a year-over-year basis to 2.6 per cent i...

Source: Financialpost March 19, 2025

Posthaste: Never mind Trump, there's one Canadian 'export' Americans can't seem to get enough of

Never before has Canada had a greater exposure to foreign bond investors than it has now We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Never mind Trump, there's one...

News Source: Financialpost March 19, 2025

Mark Carney: Canada is limited in matching further U.S. tariffs

Carney's tariff response will depend what Trump imposes on April 2Canada can only go so far in responding to new levies imposed by U.S. President Donald Trump given the mismatch in size between the economies, Prime Minister Mark Carney said. We apologize,...

FP Comment Source: Financialpost March 19, 2025

William Watson: Let’s not build pipelines to nowhere just to annoy Trump

From building almost no pipelines in 10 years, we now want to build pipelines everywhere. Let's be sure of the business case for themAt the end of the 19th century, beginning of the 20th, a Liberal federal government, this one led by Sir Wilfrid Laurier, wen...