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Business

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Metis leaders strike note of optimism after meeting with Carney on major projects

Metis leaders strike note of optimism after meeting with Carney on major projects

Metis leaders left a meeting with Prime Minister Mark Carney on Thursday saying they’re confident they will be included in talks about major projects Ottawa hopes to use to bolster the economy in the face of a trade war with the United States.

August 07, 2025 at 7:26PM EDT

Toronto rents dropped again in July amid prolonged softening phase: report

Toronto rents dropped again in July amid prolonged softening phase: report

A new report from Urbanation and Rentals.ca, Canadian real estate firms, shows Ontario market to be declining with most of the GTAH area seeing drops in average rents.

August 07, 2025 at 7:20PM EDT

Trump’s planned 100% computer chip tariff sparks confusion among businesses and trading partners

Trump’s planned 100% computer chip tariff sparks confusion among businesses and trading partners

U.S. President Donald Trump’s plans for 100 per cent tariffs on computer chips that aren’t made in the U.S. are stoking confusion among businesses and trading partners.

August 07, 2025 at 6:57PM EDT

Two die when helicopter strikes powerlines and crashes into a barge on the Mississippi River

Two die when helicopter strikes powerlines and crashes into a barge on the Mississippi River

Two people working on powerlines near the Mississippi River died Thursday when their helicopter hit the lines, crashed into a barge and sparked a fire that belched plumes of black smoke, officials said.

August 07, 2025 at 6:33PM EDT

AtkinsRéalis says the slowdown in the United States is temporary

AtkinsRéalis says the slowdown in the United States is temporary

Montreal-based engineering firm AtkinsRéalis revised down its forecasts for the engineering sector slightly due to a decline in activity in the United States.

August 07, 2025 at 4:49PM EDT

Wall Street drifts as stock markets worldwide take Trump’s new tariffs in stride

Wall Street drifts as stock markets worldwide take Trump’s new tariffs in stride

U.S. stocks drifted to a mixed finish on Thursday as U.S. President Donald Trump’s tariffs taking effect on dozens of countries had only a muted effect on markets worldwide.

August 07, 2025 at 4:26PM EDT

Canadian Tire preparing revival of Hudson’s Bay trademarks for later this year: CEO

Canadian Tire preparing revival of Hudson’s Bay trademarks for later this year: CEO

Shoppers will get their first peek at what the Hudson’s Bay brand looks like under Canadian Tire Corp. Ltd. ownership later this year.

August 07, 2025 at 4:02PM EDT

Donald Trump’s broad tariffs go into effect, just as economic pain surfaces

Donald Trump’s broad tariffs go into effect, just as economic pain surfaces

U.S. President Donald Trump began imposing higher import taxes on dozens of countries Thursday just as the economic fallout of his monthslong tariff threats has begun to cause visible damage to the U.S. economy.

August 07, 2025 at 3:30PM EDT

Bombardier to grow private jet aftermarket service across U.S.

Bombardier to grow private jet aftermarket service across U.S.

Bombardier said on Thursday it would expand existing service centres and likely open new ones in the United States to drive higher revenues, as the Canadian business jet maker meets higher customer demand for its aftermarket care.

August 07, 2025 at 3:25PM EDT

Quebecor CEO says he doesn’t intend to follow Telus in selling cell towers

Quebecor CEO says he doesn’t intend to follow Telus in selling cell towers

Quebecor Inc. reported its second-quarter profit rose compared with a year ago as revenues were down slightly.

August 07, 2025 at 3:21PM EDT

Maple Leaf Foods reports Q2 profit rose, driven by pork business

Maple Leaf Foods reports Q2 profit rose, driven by pork business

Maple Leaf Foods Inc. says it earned a second-quarter profit of $57.8 million, compared with a loss of $26.2 million a year ago.

August 07, 2025 at 3:03PM EDT

Canadian Natural Resources says Q2 profit, production increased

Canadian Natural Resources says Q2 profit, production increased

Canadian Natural Resources Ltd. says it earned a second-quarter profit of $2.46 billion, up from $1.72 billion a year ago.

August 07, 2025 at 2:27PM EDT

Paramount and Skydance close their US$8 billion merger, kicking off reign of new entertainment giant

Paramount and Skydance close their US$8 billion merger, kicking off reign of new entertainment giant

The new company brings together Paramount’s legacy Hollywood footprint, major TV networks like CBS and MTV, streaming services and more.

August 07, 2025 at 2:17PM EDT

AI infrastructure spending trends ‘bode extremely well’ for Brookfield: expert

AI infrastructure spending trends ‘bode extremely well’ for Brookfield: expert

“(Brookfield) really has their hands in a lot of different aspects of our lives,” Christopher Ballard, managing director of Check Capital Management

August 07, 2025 at 1:37PM EDT

Trump calls for a new census to exclude undocumented immigrants

Trump calls for a new census to exclude undocumented immigrants

U.S. President Donald Trump announced in a social media post on Thursday that he has directed the Department of Commerce to begin work on a new U.S. census that excludes undocumented immigrants from the population count.

August 07, 2025 at 1:30PM EDT

Developer concerned $1.2B lumber support plan ‘could be read as another subsidy’

Developer concerned $1.2B lumber support plan ‘could be read as another subsidy’

Prime Minister Mark Carney’s decision to offer over a billion dollars for Canada’s softwood lumber industry has a developer concerned funds will be perceived as subsidies causing uncertainty for exporters relying on business with the United States.

August 07, 2025 at 1:20PM EDT

RBC iShares – Invest for what’s next

How to find compelling fixed-income opportunities in today’s market

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