White House says Trump’s 25% tariffs coming Saturday
WASHINGTON — White House Press Secretary Karoline Leavitt says U.S. President Donald Trump will implement 25 per cent tariffs against Canada and Mexico on Saturday.
Millennials and gen Z reducing debt as middle class slows spending amid economic uncertainty
Despite their relatively low wage growth, middle-income households displayed the most growth in their net savings (up 26.7 per cent per household) compared with a year ago, as they reduced spending on ...
How Trump's threatened tariffs echo a failed American trade policy of the 1930s
Robert Bothwell, an emeritus professor of Canadian history at the University of Toronto, said the Smoot-Hawley Tariff Act was ...
As tariffs loom, here’s what economists had to say about Canada’s GDP
Canada’s economy contracted by 0.2 per cent in November and experts warn more bad economic news could be on the way as ...
Ottawa delays capital gains tax increase until 2026
OTTAWA — The federal government says it is deferring the implementation of a hike to the capital gains inclusion rate to next year. The deferral moves back the implementation of the change from June ...
Housing market optimism could fade if Canada enters trade war with U.S.
Recent optimism in the housing market from interest rate cuts could soon fade away if Canada enters a trade war with the United States, according to one expert. Ron Butler, a broker with Butler ...
Howard Levitt: Don't fall for ‘No-work Fridays’ — there are better ways to build a happy workplace
A concerning trend has begun to take hold: employees are taking matters into their own hands. While we’ve previously discussed the dangers of “quiet vacationing” — a term for employees checking out ...
Opinion
OPINION: The crucial role of cybersecurity governance
Cybersecurity is not the core business of most organizations. But, by ensuring that their data and systems are secure and available, cybersecurity governance directly supports your business objectives ...
As vacation rental competition grows, hosts turn to data-driven tools
This prevents double bookings and allows hosts to oversee availability, minimum stays, and occupancy trends from a single, user-friendly dashboard. Instead of juggling different apps, hosts can manage ...
Grocery bills set to rise as annual price freeze ends
In October 2022, when inflation was just starting to come down from its peak, Loblaw announced it was freezing retail prices on more than 1,500 No Name-branded items until the end of January 2023 “in ...
Loonie traders positioned for volatility on eve of tariffs
Immediate tariffs could trigger a two per cent to four per cent drop in the loonie, depending on whether oil is included, while a slower and softer implementation could make for a one per cent to two ...
Canadian economy shrinks in biggest decline in almost two years
The Canadian economy contracted by 0.2 per cent in November, the largest monthly decline in nearly two years, Statistics Canada said on Friday.