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Automakers push back on electric vehicle sales mandates as federal incentives halted

Automakers push back on electric vehicle sales mandates as federal incentives halted

TORONTO — Automakers in Canada are calling for the end of electric vehicle sales mandates because of the sudden pause of federal EV incentives and what they say is the slow build-out of charging infrastructure.
Carney talks tariffs, Trump, Liberal leadership in Daily Show interview

Carney talks tariffs, Trump, Liberal leadership in Daily Show interview

NEW YORK, Ont. — Mark Carney went on late-night television in the U.S. Monday to talk Trump, tariffs and carbon tax, but played coy on any plans to seek the Liberal leadership.
Canada’s health-care system falls behind most peer countries: Report

Canada’s health-care system falls behind most peer countries: Report

A new report says Canada’s health-care system has fallen behind international peers in access to care, equity and wait times, outperforming only the United States. The not-for-profit think tank C.D.
Canada has 2.4M households in ‘core housing need’

Canada has 2.4M households in ‘core housing need’

Parliamentary budget officer report says need driven by high interest rates, slow adjustment of housing stock to higher immigration
Trump tariffs 'spooking’ lumber markets

Trump tariffs 'spooking’ lumber markets

Industry insiders warn threat of tariffs on lumber could trigger panic buying
Black Friday was busiest holiday shopping day in Canada: Moneris

Black Friday was busiest holiday shopping day in Canada: Moneris

TORONTO — New data says Black Friday was the busiest shopping day of the 2024 holiday season in Canada, regaining the top spot after recent years were dominated by pre-Christmas shopping.
U.S. benefits from Canadian trade at least as much as Canada: report

U.S. benefits from Canadian trade at least as much as Canada: report

While both sides would be hit by a similar amount of economic pain in a trade war, Canada would feel it much more because its overall economy is much smaller, creating what one economist called an "existential threat."
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week, including Foreign Affairs Minister Mélanie Joly's trip to Washington and a speech from Bank of Canada deputy governor Toni Gravelle.
Canada Post says 25% stamp price increase takes effect today

Canada Post says 25% stamp price increase takes effect today

OTTAWA — The cost to send a letter in Canada is increasing by about 25 per cent, effective today. Canada Post says the cost of stamps for domestic mail bought in a booklet, coil or pane has increased by 25 cents to $1.24 per stamp.
How Trump could declare a national emergency to hit Canada with 25 per cent tariffs

How Trump could declare a national emergency to hit Canada with 25 per cent tariffs

With less than two weeks to go until Trump returns to the White House, it's still not clear how the Republican leader will enact his tariff agenda, but the International Economic Emergency Powers Act is one possibility.