General Motors, Stellantis and Ford are all taking a hit from tariffs, to the tune of hundreds of millions or billions of dollars each. And while the cost hasn’t made its way into vehicle pricing yet, auto industry experts say a deal is the only thing that can help.
U.S. President Donald Trump took to his social media platform just after midnight on Thursday to say he is not pleased with Canada backing statehood for Palestine, under certain conditions. He says it could affect trade negotiations, which Prime Minister Mark Carney confirmed have not been finalized yet just two days ahead of the deadline.
The Canadian Museum of History announced Wednesday that Wittington Investments Ltd., a private Canadian holding company for the Weston family, wants to buy the document for $12.5 million and donate it to the Quebec institution.
The United States is suspending a “de minimis” exemption that allowed low-value commercial shipments to be shipped to the United States without facing tariffs, the White House said on Wednesday.
The proclamation imposes a 50 per cent tariff on semi-finished copper products and copper-intensive derivative products that goes into effect Aug. 1.
The Bank of Canada held its interest rate at 2.75 per cent on Wednesday, citing resilience in the economy despite the ongoing global trade war brought on by the U.S.
Hudson’s Bay has solidified its faith in a controversial deal to sell leases to a B.C. billionaire by asking a court to force landlords critical of her to let her move in.
The French-Italian-American automaker’s new CEO Antonio Filosa says he aims to restore growth after recent struggles in the U.S. market.
OpenAI recently began rolling out an AI agent that aims to be a virtual personal assistant, completing tasks like booking appointments, hotels or flights. And they’re not alone. But experts caution that this technology comes with security and reliability risks.
Three months after Alberta introduced new fees on wine sales, B.C. wineries are feeling the pinch as the amount of lost sales add up.