Browsing: Business

WTO says AI could boost global trade by nearly 40% and GDP by 13% by 2040 if digital infrastructure and trade policies are adapted worldwide.

CMHC reports Toronto housing starts have hit a 30-year low in 2025, driven by a sharp decline in condo construction and stalled project launches.

Ontario will raise its minimum wage to $17.60 per hour starting October 1, 2025, affecting over 900000 workers and tying the increase to inflation.

Canada launches $80M relief for Atlantic businesses as Carney pivots to national resilience amid rising global tariffs and failed U.S. trade talks.

Canada’s trade deficit narrowed to CAD 4.94B in July as exports to the US rose and imports declined, according to new data from Statistics Canada.

Canada has lifted most tariffs on U.S. goods, easing trade tensions and clearing the way for tariff-free imports under the CUSMA trade agreement.

U.S. whiskey maker Brown-Forman reported a 62% sales decline for Jack Daniel’s in Canada as a result of provincial boycotts targeting American liquor.

The Japanese government lowered its corporate earnings forecast, blaming new U.S. trade barriers that have begun to weaken factory output and exports.

Canada’s economy contracted 1.6% in Q2 2025 as U.S. tariffs drove exports down 7.5%, marking the first quarterly decline in nearly two years.

Canadian bank leaders warn that global trade uncertainty threatens future growth, despite stronger-than-expected Q3 profits across major institutions.