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News
The First $100,000 Is the Hardest: Here’s How a TFSA Can Do the Rest
2+ day, 22+ hour ago (648+ words) The first $100,000 can feel stubbornly unimpressed by your efforts. Early contributions do most of the work because the portfolio is still small. An 8% return on $10,000 produces $800. The same return on $100,000 produces $8,000 without requiring one additional hour of work, one skipped…...
The Latest on the escalating trade war between Canada and the United States
2+ day, 23+ hour ago (664+ words) OTTAWA — Canadian politicians are pushing back on U.S. President Donald Trump's executive orders limiting Canadian businesses' access to procurement contracts and deploying a new set of tariffs. The five new orders, which will take effect Sept. 29, will completely bar imports…...
Carney's cabinet huddles in Banff as trade war intensifies
3+ day, 1+ hour ago (318+ words) BANFF — As President Donald Trump's trade war intensifies, Prime Minister Mark Carney's cabinet is gathering for two days of closed-door meetings in the mountain resort town of Banff, Alta. Trump lashed out again Tuesday by signing executive orders to ban…...
Asian shares fall and oil prices trade above $100 a barrel
3+ day, 11+ hour ago (645+ words) U.S. futures were modestly higher. The price of Brent crude jumped 3.4% on Wednesday, surging above $100 a barrel for the first time since July. It shed 0.8% to $100.39 early Thursday. U.S. benchmark crude lost 0.6% to $95.52 a barrel. The latest attacks between the U.S. and Iran…...
The Latest: Trump signs executive orders ramping up trade war with Ottawa
4+ day, 34+ min ago (356+ words) OTTAWA — U.S. President Donald Trump on Tuesday signed new executive orders to retaliate after Canada imposed its latest set of counter tariffs on the United States. The five new orders, which will take effect later this month, will completely bar…...
Airlines scramble to dig out from tech problems that canceled 1,750 flights in the UK
4+ day, 8+ hour ago (470+ words) The problems first surfaced on Tuesday, disrupting travel across the U.K. and stranding passengers for hours on airport runways and in terminals. Flight delays were expected to continue through the day Wednesday as airlines rebook stranded passengers and work to reposition…...
Asian shares are mixed as Brent crude approaches $100 a barrel
4+ day, 13+ hour ago (408+ words) Japan's benchmark Nikkei 225 was nearly unchanged at 65,249.95, and South Korea's Kospi gained 1.2% to 7,041.10. In Hong Kong, the Hang Seng dipped 0.1% to 25,287.99. The Shanghai Composite gained 0.2% to 3,949.89. Australia's S&P/ASX 200 slipped 0.2% to 8,903.20. Taiwan's Taiex edged 0.2% higher and the Sensex in…...
Exporters (Including Canadian National Railway) Face New Tariff Risk This Week: What Investors Need to Know
4+ day, 16+ hour ago (617+ words) U.S. president Donald Trump has turned up the trade heat on Canada again. The U.S. imposed 50% tariffs on Canadian goods worth over $25 billion last month, prompting Canada to respond with tariffs ranging from 15% to 50% on the same value of U.S. imports starting September…...
Your Trump Trade War Roundup After a Busy Weekend
4+ day, 21+ hour ago (605+ words) Canadians may have taken a break over the Labour Day weekend, but the trade war apparently didn't. Investors returned Tuesday to Canadian counter-tariffs taking effect, a fresh threat against one of Canada's biggest airlines, and little sign that Ottawa and…...
Carney warns of tough times ahead in national address as retaliatory tariffs begin
4+ day, 22+ hour ago (841+ words) OTTAWA — Prime Minister Mark Carney is warning Canadians the country's pivot away from the United States will "come at a cost" — but insists the alternative would be far worse. In a national video address released Tuesday — hours after Canada's retaliatory…...