Gas prices making some people consider switch to EVs
An event in Halifax this weekend, known as the largest electric vehicle test drive event in Atlantic Canada, saw some people considering a switch from gas or even hybrid vehicles to electric.
ADVERTISEMENT
First trilateral CUSMA review meeting set for July 1
Canadian officials will meet their Mexican and American counterparts on July 1 for the first tri-lateral meeting to review the Canada-U.S.-Mexico (CUSMA) agreement, a spokesperson for Canada-U.S. Trade Minister Dominic Leblanc confirmed.
Energy prices expected to push inflation higher for May, economists say
High oil and gasoline prices are expected to push inflation higher when Statistics Canada reports its consumer price index for May on Monday.
Cash prize emails sent out due to ‘error,’ says Canadian tech company
When Brian Jackson got an email from Wealthsimple that said he had won $10,000, he was thrilled.
Newmont’s Red Chris mine gets key approval for block cave transition
Newmont said on Friday its Red Chris mine in British Columbia has received crucial regulatory approvals, paving the way for a transition from open-pit mining to a block caving operation and extending its lifespan into the mid-2040s.
No whey: Small businesses grapple with global whey protein shortage
When David Baillargeon placed an order for a batch of whey protein for his business last fall, his supplier turned it down. “He’s like, ‘Bro, I told you. There’s nothing left,’” Baillargeon said, founder of Canadian Premier Supplements.
Eric Ham: U.S.-Iran agreement portends what could be next for CUSMA
Washington political analyst Eric Ham argues that while U.S. President Donald Trump is wielding threats against the CUSMA trade pact, overwhelming pressure from the U.S. business sector will ultimately force his administration to step back from the brink of economic self-sabotage.
Alberta separatists launch campaign, says province has resources to go it alone
Four months to the day from an upcoming referendum on whether Alberta should stay in Canada, about 35 people rallied Friday at a Calgary hotel ballroom to formally launch a campaign to convince voters it’s time for the province to separate.
Federal banking regulator OSFI lowers domestic stability buffer to 3%
Canada’s federal banking regulator says it’s lowering its domestic stability buffer to three per cent from 3.5 per cent, a move it says will give the country’s six largest banks greater flexibility to deploy capital.
Toys ‘R’ Us Canada owner trying to keep business open, may rebrand: court docs
The owner of Toys “R” Us Canada is trying to buy some of the retailer’s assets so it can keep the chain going or rebrand the beleaguered business that has been in creditor protection since February.
Canada imposes 10% tariff on canned vegetables, excludes U.S., others
Canada announced a 10 per cent tariff on imports of canned vegetables on Friday, saying the measure, which excludes the United States, was aimed at addressing challenges facing its domestic producers.
BHP hikes cost of Jansen potash mine project in Saskatchewan by US$2 billion
Global mining giant BHP says the second phase of its Jansen potash mine is expected to cost 40 per cent more than previously expected.
Statistics Canada reports retail sales up 0.5% at $73 billion in April
Retail sales rose 0.5 per cent to $73 billion in April, pushed higher by sales at gas stations and auto dealers, Statistics Canada said on Friday.
Capstone identifies major groundwater issues at Chile mine ahead of expansion review
Canada’s Capstone Copper has identified significant groundwater impacts across its Mantos Blancos copper mine in northern Chile that it aims to mitigate as part of a major expansion, according to company materials reviewed by Reuters.
Flair Airlines reaches 3-year tentative agreement with pilots, union says
A union representing pilots at Flair Airlines says they have reached a new tentative agreement with company management.