Canada’s love affair with the summer burger is proving stronger than inflation. Ground beef hit $14.67 per kg in May 2025, a 25 per cent increase over the same time last year. Yet, despite the sticker shock, Canadians appetite for beef shows no signs of waning.
U.S. President Donald Trump fired the U.S. commissioner of labour statistics after weak jobs numbers signaled tariffs weren’t yet leading to his promised economic boom.
Unionized workers at Canada Post have voted against the Crown corporation’s latest contract offer.
With some 95 per cent of exports estimated to be CUSMA-compliant, that means lots of goods are shielded from new high tariff rates. But businesses that are impacted can’t be ignored, experts say.
Appellate court judges expressed broad skepticism Thursday over U.S. President Donald Trump’s legal rationale for his most expansive round of tariffs, including the tariff on Canada that he just raised to 35 per cent.
Stocks slumped in morning trading on Wall Street while U.S. Treasury yields fell sharply Friday, in the wake of announcements around new tariffs imposed by U.S. President Donald Trump and disappointing job growth numbers for the U.S.
Canada Goose Holdings Inc. says its new lines of spring and summer clothing appear to be resonating with consumers, though the company posted a wider net loss in its latest quarter.
Prime Minister Mark Carney released a statement just past midnight on Friday after U.S. President Donald Trump signed an executive order to increase a tariff on Canadian goods to 35 per cent. He says Canada is still committed to CUSMA free trade, despite Trump following through on his threat.
Canada’s economy contracted slightly — by 0.1 per cent — for the second consecutive month in May, according to Statistics Canada.
President Donald Trump said on Wednesday the U.S. will charge a 15 per cent tariff on imports from South Korea, down from a threatened 25 per cent, as part of a deal that eases tensions with a top-10 trading partner and key Asian ally.