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News: Money

Boycott against U.S. food not the best answer to Trump tariffs, economist says

Tuesday  09:56,   19 june 2018
cbc.ca

Controversy over Trump’s tariffs is only increasing the tension of the trade standoff between the U.S. and Canada and Canadians are starting to talk about a boycott. Today, U.S. President Donald Trump's tariffs against certain Canadian goods[...]

How much should an airline pay for bumping a passenger? Now you can have your say

Tuesday  08:10,   19 june 2018
thestar

Remember when 69-year-old Dr. David Dao refused to give up his seat on a United Airlines flight in Chicago and was dragged off the plane to make room for airline employees?A video of the bloodied man went viral in April 2017, leading many Canadians[...]

Economic uncertainty in Canada is rising—and it’s partly our own fault

Tuesday  07:35,   19 june 2018
macleans.ca

Opinion: Outside forces are roiling Canada’s economy—but our politicians aren’t helping either, as they bluster, preen, and make our domestic future harder to predictThese days, news flows through a[...]

U.S. auto tariffs would have a ‘very severe impact’ on Ontario, TD economist warns

Tuesday  07:30,   19 june 2018
financialpost

Most of the 160,000 jobs lost as a result of the tariffs would be concentrated in the province, which could also see GDP growth cut by as much as two percentage points, according to a TD Economics reportLoad[...]

China pledges it will fight back firmly if Trump goes ahead and publishes list of additional tariffs

Tuesday  07:30,   19 june 2018
cnbc

China's Commerce Ministry said on Tuesday morning that it will take counter measures if the U.S. publishes an additional tariffs list. In a statement posted on its website, the ministry said China will protect its interests, taking both[...]

Upping ante, Trump threatens new tariffs on Chinese imports

Tuesday  04:40,   19 june 2018
msn

Upping ante, Trump threatens new tariffs on Chinese importsThe tariffs, which Trump wants set at a 10 per cent rate, would be the latest round of punitive measures in an escalating dispute over the large trade imbalance between the two countries.[...]

Elon Musk sent an email to Tesla employees about another fire in its factory on Sunday

Tuesday  01:40,   19 june 2018
cnbc

Elon Musk sent an email to Tesla employees about another fire in its factory on[...]

Feds to launch national big data strategy

Tuesday  01:01,   19 june 2018
msn

The Trudeau government will take fresh steps Tuesday towards equipping the country for the rapidly advancing era of big data. The office of Economic Development Minister Navdeep Bains has sent invitations to a launch for what it describes[...]

BMO, Simplii proposed class actions filed

Tuesday  01:01,   19 june 2018
msn

Proposed class-action lawsuits have been filed against Bank of Montreal and CIBC's direct banking division Simplii Financial over recently disclosed cybersecurity breaches impacting up to 90,000 customers. Law firms Siskinds LLP and JSS[...]

Energy sector helps lift Toronto market

Tuesday  01:01,   19 june 2018
msn

The energy sector helped Canada's main stock index close higher Monday, while U.S. markets were flat to lower amid rising trade tensions between the U.S. and China. Trade tensions between the U.S. and Canada have also escalated recently [...]

Saudi Arabia, Russia, other oil producers face 'dicey' decision that could rock oil market

Tuesday  01:01,   19 june 2018
cnbc

OPEC is expected to agree to open its spigots and add more supplies to the global oil market, a process that could create fresh volatility around oil prices. The Organization of Petroleum Exporting Countries meets this week in Vienna and holds a [...]

Trump Has a Point on Dairy, Canada's Biggest Cheesemaker Says

Tuesday  00:36,   19 june 2018
msn

Canada’s largest dairy processor is voicing an opinion that’s probably unpopular with the nation’s farmers: Donald Trump has a point. (Bloomberg) -- Canada’s largest dairy processor is voicing an opinion that’s probably unpopular with the[...]

Canada mulls auto firms aid in response to U.S. tariffs threat

Tuesday  00:28,   19 june 2018
reuters

Canada mulls auto firms aid in response to U.S. tariffs threatU.S. President Donald Trump last month said he might impose tariffs of up to 25 percent on foreign-built automobiles, which could cause major economic damage to Canada and a heavily[...]

Canadian dairy Saputo urges end to pricing system opposed by U.S.

Monday  23:31,   18 june 2018
reuters

Canadian dairy Saputo urges end to pricing system opposed by U.S.Load[...]

How can Doug Ford fix Toronto-area housing?

Monday  22:30,   18 june 2018
thestar

How can Doug Ford fix Toronto-area housing?Premier-designate Doug Ford must make housing affordability a priority, say builders, realtors and[...]