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News: Money

Last year, he came here as a refugee. Now, he's a business owner

Sunday  08:12,   17 june 2018

Alhakam Alsheikh came to Canada as a Syrian refugee, and has since made the leap from technician to business owner. "I had my own shop in my country, in Syria, for five years," said Alsheikh, who fled Syria when his country descended into chaos[...]

Americans favor Trudeau over Trump on trade policy: poll

Sunday  02:36,   17 june 2018

More Americans see themselves aligned with Canadian Prime Minister Justin Trudeau than President Trump in the two leaders' conflict over trade policy, a new poll finds.A Global News/Ipsos poll released Saturday finds that Trudeau enjoys a[...]

Get ready for auto tariffs, U.S. congressman warns

Saturday  12:06,   16 june 2018

U.S. President Donald Trump isn't playing around — and Canada should brace itself for new tariffs on autos, U.S. Congressman Kevin Cramer warns."We have to take him at his word," Cramer, a Republican from North Dakota, told CBC Radio's  The[...]

Farmers worried after Japan blocks imports of Canadian wheat over GMO patch found in Alberta

Saturday  10:05,   16 june 2018

Alberta farmers are concerned after Japan announced Friday it is blocking imports of Canadian wheat following the discovery of an unauthorized clump of genetically modified wheat in southern Alberta. The Asian country is one of Canada’s biggest[...]

Why China “holds all the aces” in a full-blown US-China trade war

Saturday  08:00,   16 june 2018

U.S. tariffs on $50 billion of China goods were imposed Friday to protect U.S. intellectual property and technology. It prompted China to retaliate.On Friday the Trump administration announced it will impose a 25 percent tariff on up to $50 billion[...]

Real estate mogul: Invest in 3 rooms to make your home sell faster

Saturday  07:55,   16 june 2018

Focus on these "key areas when you're flipping a property," says self-made millionaire Sidney Torres.After all, these are the rooms that you "live in the most," he tells CNBC Make It, so it's worth investing extra time and money to[...]

Theranos founder Elizabeth Holmes and former president Balwani charged by feds with wire fraud

Saturday  05:30,   16 june 2018

The Securities and Exchange Commission in March accused Holmes of "massive fraud" in connection with Theranos.Both Holmes, who stepped down as CEO of the financially crippled company earlier Friday, and Balwani appeared in U.S. District[...]

China announces retaliatory tariffs on $34 billion in US goods

Saturday  04:45,   16 june 2018

In a quick response to U.S. tariffs, Beijing announced on Friday its own duties on American products, including agriculture products and automobiles. The Chinese State Council's commission on tariffs and customs said in an online statement that a[...]

Ford to scrap cap and trade, challenge carbon tax

Saturday  04:40,   16 june 2018

Doug Ford said Friday he will scrap Ontario's cap-and-trade system and fight a federal carbon tax as soon as his Progressive Conservative cabinet is sworn in later this month because the measures hurt families and do nothing for the[...]

Japan suspends Canadian wheat imports

Saturday  04:40,   16 june 2018

The Canadian government is trying to reassure Japan and other trading partners that genetically modified wheat found in southern Alberta is limited to a few plants growing along a remote access road and has not been detected in the wider supply.[...]

Trade-War Battle Lines Drawn as U.S., China Set Tariff Lists

Saturday  04:35,   16 june 2018

The U.S. and China moved to the brink of a trade war on Friday after the Trump administration announced tariffs on Chinese imports would take effect in three weeks and pledged additional investment restrictions, prompting an immediate vow of[...]

At odds with Trump over trade, Canadians say they will avoid U.S. goods: poll

Saturday  04:15,   16 june 2018

At odds with Trump over trade, Canadians say they will avoid U.S. goods: pollThe poll also found a majority of Americans and Canadians are united in support of Trudeau and opposition to Trump in their countries' stand-off over the renegotiation of[...]

OPEC is about to make a major oil market decision

Friday  22:31,   15 june 2018

OPEC and its allies are expected to start pumping more oil, but tensions are rising as producers protect their interests.OPEC and other exporters including Russia appear poised to ease voluntary production limits, which have helped shrink a global[...]

Canada Goose Holdings Inc. (TSX:GOOS) Records a Strong Q4 as Sales Soar More Than 140%

Friday  21:56,   15 june 2018

Canada Goose Holdings Inc. (TSX:GOOS)(NYSE:GOOS) had a strong Q4, and more growth could be on the way.Canada Goose Holdings Inc.  (TSX:GOOS)(NYSE:GOOS) released its fourth-quarter results on Friday. The company saw another quarter of impressive[...]

David Olive: Trump may be a buffoon, but the dangers of his trade war are real

Friday  20:06,   15 june 2018

David Olive: Trump may be a buffoon, but the dangers of his trade war are realMr. Kremlin himself was distinguished for ignorance, for he had only one idea, and that was wrong. -Benjamin Disraeli,Sybil, or The Two Nations (1845[...]