Month: January 2025

Quebec Premier François Legault is warning Americans they will pay the price if President Donald Trump goes ahead with 25 per cent tariffs on Canadian exports — particularly the province’s aluminum. Trump said Thursday he would impose tariffs by Saturday, though his administration has not provided details and it remains unclear what sectors could be affected. The Wall […]

The federal government is likely to reverse course on increases to the capital gains tax that were announced in the last federal budget, CBC News has learned.  The Liberal government could delay implementing those changes, according to a high-level source with knowledge of the government’s plans. CBC News is not naming the source because they weren’t authorized […]

Walmart Canada says it will spend $6.5 billion over the next five years as it opens dozens of new stores. The retailer says the investment is the largest it has made since it entered Canada 30 years ago, but wouldn’t say exactly how many locations it will span. It says new stores in Port Credit […]

Starbucks is planning to cut its food and beverage offerings by 30 per cent over the course of this year, aiming to simplify operations and speed up service. It’s not yet clear what items will be taken off the menu, but in a conference call with investors on Tuesday, chairman and CEO Brian Niccol said that dialing back the menu would […]

Canada’s central bank lowered its interest rate by 25 basis points to three per cent on Wednesday, as the Bank of Canada governor warned there was little he could do to negate the economic impact of U.S tariffs imposed on Canadian imports. “Monetary policy cannot offset the economic consequences of a protracted trade conflict,” Bank of Canada governor Tiff […]

The Chinese-made AI chatbot DeepSeek may not always answer some questions about topics that are often censored by Beijing, according to tests run by CBC News and The Associated Press, and is providing different information than its U.S.-owned competitor ChatGPT. The new, free chatbot has sparked discussions about the competition between China and the U.S. in AI development, with many users […]

Chinese tech startup DeepSeek’s new artificial intelligence chatbot may not always answer some questions about topics often censored in China, and is providing different information than U.S.-owned competitor ChatGPT, according to tests run by The Associated Press.  The newer, free AI assistant has sparked discussions about the competition between China and the U.S. in AI development, with […]

Liberal leadership contender Chrystia Freeland released Monday what she’s calling her “plan to stand up to Trump” — a policy document that includes the threat of big tariffs on U.S. goods to make the Americans pay if they go after the Canadian economy. Freeland called on the federal government to take a hard line and […]

There’s a new player in AI on the world stage: DeepSeek, a Chinese startup that’s throwing tech valuations into chaos and challenging U.S. dominance in the field.  DeepSeek has rolled out a free AI assistant that it says uses cheaper chips and less data. On Monday, it overtook rival ChatGPT to become the top-rated free […]

The federal government will lend $1 billion to Canada Post for the 2025-26 fiscal year so that it can continue operating while dealing with “significant financial challenges,” the postal service said Friday. Canada Post says that Ottawa is making the repayable funds available within the regulations of the Canada Post Corporation Act, but that the money — totalling $1.034 billion […]

Canada’s premiers and federal officials are pitching cutting interprovincial trade barriers to guard against a looming trade war with the United States, arguing it could boost the Canadian economy by billions of dollars. The idea gained steam on Wednesday after Prime Minister Justin Trudeau hosted a virtual meeting with the premiers. Trudeau said in a […]

Last May, about 230 workers at an Amazon warehouse in Laval, Que., successfully unionized — a historic first in Canada at the retail giant. The CSN, the union that represents the workers in Laval, said workers were dissatisfied with what they described as a hectic work pace, low wages and inadequate health and safety measures. Amazon has only […]

Can shrewd shopping truly help Canada push back on economic threats from the United States? If you believe the rhetoric from some political leaders, every little bit helps — especially if consumers pay closer attention to labels. “When you look at ‘made in Canada’ or ‘made in Ontario’ products — buy them,” said Ontario Premier Doug Ford, who […]

The federal industry minister is calling for a review of Ottawa’s “business relationship” with Amazon after the company said it will close all seven of its warehouses in Quebec. “They’ll have me fighting to make sure that this is not going to go unanswered in Canada,” Industry Minister François-Philippe Champagne said. The closure will eliminate […]

For Monika Scott and Robyn Mair, the last month has brought a whipsaw of emotions every time they log onto social media. Between a divest-or-ban government ultimatum that downed TikTok in the U.S. for several hours on Saturday and users fleeing Facebook and Instagram over Meta ditching fact checkers, the Ucluelet, B.C.-based entrepreneurs say it’s been […]

One of U.S. President Donald Trump’s freshly signed executive orders puts the Liberal government’s digital services tax into the sights of America’s Commerce, Treasury and Trade departments, threatening to further irritate the trade relationship between the two countries. The America First Trade Policy, signed into force by Trump Monday evening, seeks to ensure America’s trading relationships bring […]

Editor’s note: This story is part of a joint investigation with the Fifth Estate, Marketplace, and Radio-Canada’s Enquete and La Facture looking at the changing pet health sector in Canada. When Maja Terzic brought her sick cat to the vet, she agreed to a few hundred dollars in blood work to hopefully find out what was wrong with him. […]