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Trade surplus surged in January as U.S. threatened tariffs

Trade surplus surged in January as U.S. threatened tariffs

OTTAWA — Canada's merchandise trade surplus in January rose to its highest level since May 2022, as both exports and imports surged in the face of tariff threats by the United States.
Mortgage rates have declined but could stay at a level that makes it tough to afford a home

Mortgage rates have declined but could stay at a level that makes it tough to afford a home

LOS ANGELES (AP) — The average rate on a 30-year mortgage in the U.S. eased for the seventh straight week, a trend that gives prospective homebuyers more financial flexibility just as the spring homebuying season gets going. The rate fell to 6.
European Central Bank cuts rates again as threat of trade war with Trump weighs on economy

European Central Bank cuts rates again as threat of trade war with Trump weighs on economy

FRANKFURT, Germany (AP) — The European Central Bank has cut interest rates by another quarter percentage point to boost growth, lowering credit costs for consumers and businesses to support an economy that is struggling to grow - and could soon face
Quebec to table budget March 25 with focus on infrastructure, tariffs

Quebec to table budget March 25 with focus on infrastructure, tariffs

MONTREAL — Quebec's finance minister will table the province's next budget on March 25, with a focus on shoring up businesses and workers amid the economic disruption of U.S. tariffs.
Why buying Canadian is more helpful than investing Canadian

Why buying Canadian is more helpful than investing Canadian

TORONTO — A stirring of unfamiliar patriotism in response to U.S. hostility is leading many Canadians to spend money closer to home, but on the question of investing more domestically, experts say there’s less reason to shift habits.
The number of Americans filing for jobless benefits falls as labor market remains sturdy

The number of Americans filing for jobless benefits falls as labor market remains sturdy

Applications for U.S. jobless benefits fell last week as the labor market remains sturdy ahead of an expected purge of federal government employees.
Lightspeed Commerce names veteran executive Manon Brouillette as executive chair

Lightspeed Commerce names veteran executive Manon Brouillette as executive chair

MONTREAL — Lightspeed Commerce Inc. has named veteran executive Manon Brouillette as its new executive chair of its board of directors, effective April 1.
Japan's Seven & i sells retail business to Bain Capital for $5.4 billion, plans IPO

Japan's Seven & i sells retail business to Bain Capital for $5.4 billion, plans IPO

Japan’s Seven & i, the parent company of the Japanese 7-Eleven convenience store chain, said Thursday it is selling its supermarket store assets to Bain Capital for about $5.4 billion.
Joly told Liberals she briefed Carney on Trump tariffs

Joly told Liberals she briefed Carney on Trump tariffs

OTTAWA — Foreign Affairs Minister Mélanie Joly's office confirms she has briefed Liberal leadership candidate Mark Carney on President Donald Trump’s tariffs days ahead of Sunday's leadership vote this week.
Here's the latest as the U.S. imposes tariffs on goods from Canada and Mexico

Here's the latest as the U.S. imposes tariffs on goods from Canada and Mexico

OTTAWA — U.S. President Donald Trump has imposed tariffs on imports from Canada and Mexico — a 25 per cent across-the-board levy, with a lower 10 per cent charge on Canadian energy — triggering a continental trade war.
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