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National Business
National Business
Doug Ford says Ontario will rip up Starlink contract with Elon Musk company
Ontario Premier Doug Ford says the province will rip up a $100-million contract with Elon Musk's SpaceX to deliver high-speed internet to remote areas as part of his response to U.S. tariffs.
Feb 3, 2025 8:58 AM
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Loonie falls after tariffs announced, futures market points to drop for U.S. stocks
TORONTO — The Canadian dollar fell to its lowest level in more than two decades after U.S. President Donald Trump announced sweeping tariffs to be enacted Tuesday. The loonie was trading for 68.13 cents US, its lowest level against the U.S.
Feb 3, 2025 8:41 AM
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Companies embrace 'buy Canadian' sentiment as tariffs approach
Canadian businesses preparing for Tuesday's imposition of tariffs are leaning into the "buy Canadian" sentiment. Grocery chain Loblaw Companies Ltd. has committed to securing more food grown and made in Canada, after U.S.
Feb 3, 2025 4:00 AM
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Tim Hortons brings back the cups for Roll Up to Win contest
TORONTO — Tim Hortons is returning its famed Roll up to Win contest back to its roots. The café chain said Monday it will reintroduce hot beverage cups with rims that can be rolled up to reveal a prize when the promotion gets underway on Feb. 24.
Feb 3, 2025 4:00 AM
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Big ambition, big competition: U.S. fast food chains flock to crowded Canadian market
TORONTO — Competition has loomed over Jersey Mike’s push into Canada from the start. The U.S. sandwich chain revealed its Canadian ambitions just over a year ago on the same day as rival Jimmy John’s.
Feb 2, 2025 4:43 PM
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Business groups, economists sound the alarm over Trump's incoming tariffs
TORONTO — Corporate Canada and a slew of industries fuelling the country’s economy are decrying U.S. President Donald Trump's incoming tariffs, warning they will not just increase the cost of doing business but also weigh on everyday life.
Feb 2, 2025 3:50 PM
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Quebec asks liquor board to stop selling U.S. alcohol Tuesday after tariffs
MONTREAL — Quebec's finance minister says he has asked the province's liquor board to pull all U.S. products off its shelves by Tuesday, in response to U.S. President Donald Trump's executive order imposing tariffs on Canadian goods.
Feb 2, 2025 3:00 PM
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‘Not in my backyard’ pushback blocking much-needed affordable housing, experts say
ST. JOHN'S, N.L. — Concerns over a lack of parking that led councillors in St. John's, N.L., to axe a proposal for affordable housing last week are part of a larger trend that is halting much-needed development across the country, experts say.
Feb 2, 2025 11:19 AM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Tariffs Canadian businesses face a new reality this week with the impending tariffs on Canadian goods headed to the United States starting Tuesday.
Feb 2, 2025 10:50 AM
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Trump puts tariffs on Canada, Mexico and China, spurring trade war as North American allies respond
WASHINGTON (AP) — President Donald Trump on Saturday signed an order to impose stiff tariffs on imports from Mexico, Canada and China, drawing swift retaliation and an undeniable sense of betrayal from the country's North American neighbors as a trad
Feb 2, 2025 6:24 AM
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