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S&P/TSX composite rises on morning of Christmas Eve, U.S. stock markets also up

S&P/TSX composite rises on morning of Christmas Eve, U.S. stock markets also up

TORONTO — Broad-based gains led Canada's main stock index higher in late-morning trading on Christmas Eve, while U.S. stock markets also rose. The S&P/TSX composite index was up 57.82 points at 24,806.80.
Border measures aimed at responding to Trump's tariff threat begin to take effect

Border measures aimed at responding to Trump's tariff threat begin to take effect

OTTAWA — Immigration measures announced as part of Canada's border response to president-elect Donald Trump's 25 per cent tariff threat are starting to be implemented, beginning with a ban on what's known as "flagpoling.
Economists say more room to fall as Canadian dollar continues downward trend

Economists say more room to fall as Canadian dollar continues downward trend

Experts say the next few months are going to be rough for the Canadian dollar as it appears set to continue its downward trend. "We do have more room to fall," said Karl Schamotta, chief market strategist at Corpay.
Trudeau could stay or go. Either way, Canadians should brace for a spring election

Trudeau could stay or go. Either way, Canadians should brace for a spring election

OTTAWA — Canada appears to be barrelling toward a spring election now that the NDP is vowing to vote down the government early next year — whether Prime Minister Justin Trudeau stays on or not.
Revised airline compensation rules will do little to change status quo: experts

Revised airline compensation rules will do little to change status quo: experts

TORONTO — Proposed changes to Canada's passenger rights charter will perpetuate loopholes that allow airlines to forego compensating travellers whose flights are disrupted, say airline experts.
KF Aerospace, SkyAlyne lock in 25-year deals for aircrew program

KF Aerospace, SkyAlyne lock in 25-year deals for aircrew program

Contracts to ensure SkyAlyne has tools for long-term training for Canada’s military aircrews
Trudeau participates in Canada-U.S. relations cabinet committee amid calls to resign

Trudeau participates in Canada-U.S. relations cabinet committee amid calls to resign

OTTAWA — Prime Minister Justin Trudeau was taking part in a cabinet committee meeting on Canada-U.S. relations today, amid increasing calls for his resignation.
Prominent brands struggle to adapt to an e-bike industry dominated by cheap, direct-to-consumer sales

Prominent brands struggle to adapt to an e-bike industry dominated by cheap, direct-to-consumer sales

Makers and retailers say the domestic industry is flatlining, forcing local brands to carve out a niche for themselves just to survive
Bank of Canada watching economy closely after half-point rate cut

Bank of Canada watching economy closely after half-point rate cut

OTTAWA — The Bank of Canada's governing council expects its second straight outsized interest rate cut helped it turn a corner in its fight to tame inflation, but it is watching the economy closely amid weaker than expected growth.

Ottawa names new president and CEO of Export Development Canada

OTTAWA — The federal government has named Alison Nankivell the new president and chief executive officer of Export Development Canada, succeeding Mairead Lavery who helmed the Crown corporation for the past six years.
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