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National Business
National Business
Linamar reports $232 million Q4 loss on impairment related to Europe
GUELPH, Ont. — Auto parts manufacturer Linamar Corp., facing heightened risk from U.S. tariffs., says it swung to a loss last quarter from a writedown on its European operations. The Guelph, Ont.-based manufacturer says it lost $232.
Mar 5, 2025 1:53 PM
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B.C. finance minister describes Tuesday's budget as nothing 'splashy and new'
VICTORIA — British Columbia cannot continue to accumulate debt and will "be in trouble" if the province doesn't work toward a balanced budget, its finance minister told a group of business people the day after forecasting another record deficit.
Mar 5, 2025 1:52 PM
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S&P/TSX composite climbs, U.S. markets rise after news of auto sector tariff delay
TORONTO — Canada's main stock index rose Wednesday, led by base metals, industrials and technology, while U.S. markets also gained in the afternoon after news that automakers will get a month-long tariff exemption, one day after the U.S.
Mar 5, 2025 1:37 PM
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Complaints about food mislabelled as products of Canada rising: CFIA
The Canadian Food Inspection Agency says it's seen an increase in complaints about items mislabelled as products of Canada or missing information about their country of origin.
Mar 5, 2025 1:14 PM
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Stock market today: Wall Street rallies after Trump pulls back on some of his tariffs
NEW YORK (AP) — U.S. stocks rallied after President Donald Trump pulled back on some of his tariffs, raising hopes he may avoid a worst-case trade war that grinds down economies and sends inflation higher. The S&P 500 rose 1.
Mar 5, 2025 1:11 PM
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In Maine, gas price increases linked to Trump tariff on Canadian imports
HALIFAX — Experts are linking rising gasoline prices in the U.S. northeast to President Donald Trump's tariffs on Canadian energy imports, but they warn the trend may also hurt Atlantic Canada's energy producers.
Mar 5, 2025 12:53 PM
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Cattle groups look to diversify markets, boost support programs
CALGARY — Beef industry groups say with 25 per cent U.S. tariffs on Canadian goods taking effect, they're looking to diversify their export markets, process more domestically and push for improvements to government support programs.
Mar 5, 2025 12:49 PM
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Bettman says trade war between Canada, U.S. could cause 'pain' for NHL
NHL commissioner Gary Bettman says any negative effects on the Canadian dollar caused by the Trump administration's tariffs could be "painful" for the league.
Mar 5, 2025 12:14 PM
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Nova Scotia premier pushing for momentum on Canadian free trade
HALIFAX — Nova Scotia’s premier is hoping to build momentum on freeing up trade within Canada, as the country deals with the economic stress caused by tariffs imposed by U.S. President Donald Trump.
Mar 5, 2025 12:07 PM
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No compromise on tariffs, Ontario Premier Doug Ford says
TORONTO — Ontario Premier Doug Ford says he and Prime Minister Justin Trudeau are on the same page with a position that Canada will not be compromising on tariffs. His comments come one day after U.S.
Mar 5, 2025 12:04 PM
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