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Accusations over trade dispute dominate first day of Manitoba legislature sitting
WINNIPEG — Politicians accused each other of failing to stand up against U.S. tariffs Wednesday as the Manitoba legislature reconvened after a winter break.
Mar 5, 2025 4:58 PM
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Trump grants one-month exemption for US automakers from new tariffs on imports from Mexico, Canada
WASHINGTON (AP) — President Donald Trump is granting a one-month exemption on his stiff new tariffs on imports from Mexico and Canada for U.S. automakers, as worries persist that the newly launched trade war could crush domestic manufacturing.
Mar 5, 2025 4:36 PM
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Automakers frustrated, relieved with month-long tariff reprieve
There's a mix of relief and continued frustration within the auto sector as U.S. President Donald Trump granted a one-month tariff exemption for vehicles traded under the Canada-U.S.-Mexico Agreement.
Mar 5, 2025 4:20 PM
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Yukon premier considers limiting ties with Elon Musk in next phase of tariff response
Yukon Premier Ranj Pillai says his government is considering limiting support for companies tied to Elon Musk as part of a potential second phase of action in response to U.S. tariffs. Pillai says in a statement in response to U.S.
Mar 5, 2025 4:16 PM
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Parkland to consider sale, other strategic alternatives after shareholder pressure
CALGARY — Parkland Corp., which has been under pressure from major shareholders to improve its share price, has announced plans to review strategic alternatives, including the possible sale of the company.
Mar 5, 2025 3:57 PM
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Aecon profits rise but fall short of expectations
TORONTO — Aecon Group Inc. is reporting a quarterly profit boost of 44 per cent year-over-year, but the big earnings increase failed to match analysts' expectations. The construction contractor says income attributable to shareholders rose to $14.
Mar 5, 2025 3:46 PM
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Linamar reports $232 million Q4 loss on impairment related to Europe
GUELPH, Ont. — Auto parts manufacturer Linamar Corp., facing heightened risk from U.S. tariffs., says it swung to a loss last quarter from a writedown on its European operations. The Guelph, Ont.-based manufacturer says it lost $232.
Mar 5, 2025 2:53 PM
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B.C. finance minister describes Tuesday's budget as nothing 'splashy and new'
VICTORIA — British Columbia cannot continue to accumulate debt and will "be in trouble" if the province doesn't work toward a balanced budget, its finance minister told a group of business people the day after forecasting another record deficit.
Mar 5, 2025 2:52 PM
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S&P/TSX composite climbs, U.S. markets rise after news of auto sector tariff delay
TORONTO — Canada's main stock index rose Wednesday, led by base metals, industrials and technology, while U.S. markets also gained in the afternoon after news that automakers will get a month-long tariff exemption, one day after the U.S.
Mar 5, 2025 2:37 PM
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Complaints about food mislabelled as products of Canada rising: CFIA
The Canadian Food Inspection Agency says it's seen an increase in complaints about items mislabelled as products of Canada or missing information about their country of origin.
Mar 5, 2025 2:14 PM
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