The affordability problem is a risk to American carmakers as Chinese brands expand globally. Many lower and middle-income car shoppers have been relegated to the used-car lot.
Trading steadied early Tuesday and crude prices eased after wild swings this week with investors trying to figure out how long the war with Iran will continue.
The federal government said on Monday that it will let TikTok continue to operate in Canada and allow an investment by the tech platform to proceed, after a national security review reversed the conclusion of a previous one.
A prolonged global supply disruption could send food prices higher later this spring: analysts
The trial in the case began last week after a judge in February rejected Live Nation’s bid to dismiss the lawsuit.
Oil prices spiked near $120 US per barrel before falling back Monday as the Iran war intensified, threatening production and shipping in the Middle East and pummeling financial markets.
The Canadian auto market officially opened to Chinese-made electric vehicles on March 1. But that doesn’t mean you’ll be able to drive a BYD or a Chery EV on Canadian streets anytime soon.
Canadians saw fuel prices climbing across the country this week as the conflict in the Middle East drives up the price of oil. One expert says those high numbers are likely to stick around for a while, even if the war ends in the next few weeks.
U.S. crude prices rise above $90 per barrel for the first time in more than two years.
As the war in Iran disrupts oil and gas exports from the Gulf region, the Canadian energy sector could see a jump in demand — and federal officials are positioning Canada as a beacon of stability during an unpredictable moment.