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News
Ontario expands tariff support program eligibility in response to new U.S. actions
2+ day, 16+ hour ago (348+ words) TORONTO — Businesses affected by a new round of American tariffs and bans set to take effect later this month will be eligible for Ontario's support programs, Premier Doug Ford announced Thursday. U.S. President Donald Trump has announced that in response…...
Canadians are leaning into risky short-term mortgages for lower rates now — CMHC warns of a costly reckoning at renewal
2+ day, 17+ hour ago (972+ words) The interest rate shock that hit Canadian households after 2022 was a brutal wake-up call. For thousands of homeowners, renewal time meant watching their monthly housing costs soar by hundreds — or even thousands — of dollars overnight. Yet, as a new wave…...
US DOJ probes Nvidia's licensing deal with AI startup Groq, NYT reports
3+ day, 4+ hour ago (91+ words) Yahoo! Finance Canada Oops, something went wrong US DOJ probes Nvidia's licensing deal with AI startup Groq, NYT reports Sept 9 (Reuters) - The U.S. Justice Department is investigating whether Nvidia tried to skirt antitrust scrutiny of the chipmaker's licensing deal last year…...
2 Energy Stocks to Watch in the Strait of Hormuz Conflict
3+ day, 8+ hour ago (575+ words) That's why I'd rather own an energy company I could still feel comfortable holding even if the U.S.-Iran conflict-related developments suddenly became less dramatic. Let me highlight two fundamentally solid TSX energy stocks I'd keep on my radar while the…...
Chip Wilson's no-prenup divorce could cost him half of US$6.1 billion — and BC's split rule applies to you too
3+ day, 19+ hour ago (537+ words) Lululemon founder Chip Wilson built an estimated US$6.1 billion fortune — and could lose close to half of it. Wilson, 71, and his wife of more than two decades, Shannon "Summer" Wilson, are divorcing in the Supreme Court of British Columbia, and…...
Here is a list of some of the Canadian goods Trump intends to ban from import
4+ day, 5+ hour ago (101+ words) OTTAWA — U.S. President Donald Trump signed executive orders Tuesday to ban the import of certain Canadian goods, including motorcycles and alcoholic beverages. The move escalates the trade war with Canada less than 24 hours after Canada implemented retaliatory tariffs on the…...
Canada's retaliatory tariffs on American goods are now in effect
5+ day, 1+ hour ago (677+ words) OTTAWA — Ottawa's retaliatory tariffs on American goods took effect just after midnight EDT on Tuesday, responding to the 50 per cent tariffs Washington hit Canada with last month. On Aug. 22, U.S. President Donald Trump launched tariffs on nearly $28 billion of Canadian…...
Trump says no to Bombardier sales in the U.S. as tariff deadline looms
5+ day, 9+ hour ago (587+ words) OTTAWA — Rhetoric from the White House ramped up as a deadline for Canada's retaliatory tariffs counts down, with President Donald Trump posting on social media Monday that he'll block Bombardier sales in the United States. Quebec-based Bombardier manufactures aircrafts and…...
No, The U.S. Does Not Have Only 14 Days Of Oil Left
6+ day, 14+ hour ago (680+ words) Yahoo! Finance Canada Oops, something went wrong No, The U.S. Does Not Have Only 14 Days Of Oil Left Claims have been circulating on social media that the United States has only about two weeks of oil left. The calculation appears to…...
OPEC+ set to keep oil output policy unchanged on Sunday, sources say
6+ day, 21+ hour ago (238+ words) Sept 6 (Reuters) - OPEC+ is set to keep its oil output policy unchanged for October at a meeting on Sunday, two people familiar with the discussions told Reuters, as the producer group needs to agree new quotas before deciding its next…...