Daily News

Source: Financialpost January 24, 2025

Kraft Heinz slams Trudeau for floating ketchup as trade target

Company 'deeply disappointed' after prime minister used it as a potential target for countervailing tariffsKraft Heinz Co. said it’s “deeply disappointed” in Justin Trudeau after the prime minister threw a metaphorical tomato at the food manufacturer while d...

Source: Financialpost January 24, 2025

Tesla raising prices for its vehicles in Canada on Feb. 1

The price of Model 3 is going up $9,000, while Models Y, X and S cars are climbing $4,000TORONTO — Tesla Inc. is raising prices on its Canadian vehicles by thousands of dollars starting Feb.1 amid big shifts in incentives and rising trade tension. We apol...

Source: Financialpost January 24, 2025

Posthaste: Bank of Canada expected to cut interest rates as tariff threat looms

Full-blown trade war could throw country into recession We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Bank of Canada expected to cut interest rates as tariff threat...

Source: Financialpost January 24, 2025

Canada retaliating against U.S. tariffs is 'nonsensical:' Ian Lee

Watch: Canada should instead focus on pushing to reopen USMCA, says Carleton University associate professorIan Lee, associate professor at Carleton University’s Sprott School of Business, talks with Financial Post’s Larysa Harapyn about how Canada retaliatin...

Source: Financialpost January 24, 2025

Opinion: Hey, Greenland! Join us, not the United States

Just next door, your island would be a good fit with the administrative structure and cultural makeup of our three northern territoriesBy Erin Weir We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other video...

News Source: Financialpost January 24, 2025

Statistics Canada reports November retail sales flat at $67.6 billion

Early estimate for December suggests a gain of 1.6%OTTAWA — Canadian retail sales in November were flat compared with October, but an early estimate by Statistics Canada pointed to a rebound in December which saw the start of Ottawa’s GST/HST holiday. We...

Investor Source: Financialpost January 24, 2025

'This too shall pass': Investing strategies in the time of Trump

'Don’t have a knee-jerk reaction. If the market overreacts, that’s probably an opportunity'The roller-coaster governance model of Donald Trump is already back on display: he was quiet on tariffs during his inauguration day, only to say later that evening the...

Source: Financialpost January 23, 2025

Amazon to close all warehouses in Quebec, eliminating 1,900 jobs

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by Workday Workday Announcement unrelated to unioniz...

Source: Financialpost January 23, 2025

Opinion: ‘Vasa syndrome’ is killing Ontario’s auto sector

The Vasa was an over-designed 17th-century Swedish warship that sank on launch. Politically-engineered EV cars risk being today's equivalentBy Michael Nitefor We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see...

Source: Financialpost January 23, 2025

Here are 5 Trump executive orders that could affect Canada

Immigration, energy and EVs among areas that could feel the effects of the new president's directivesOTTAWA — While U.S. President Donald Trump‘s threat to impose tariffs on Canada is alarming enough, other measures he announced Monday after his inauguration...