April 22, 2025, 11:22 am
Canada’s primary stock index surged by more than 300 points late this morning, echoing robust gains in U.S. markets. Energy and base metal stocks led the upward momentum in a trading session marked by invigorated investor sentiment and cautious optimism on both sides of the border.
The only prediction many Wall Street strategists are willing to make is that financial markets will continue to jerk up and down as hopes rise and fall over Trump's trade policies.
Canada’s main stock index was up more than 300 points in late-morning trading, helped by gains in the energy and base metal sectors, while U.S. stock markets also climbed higher. The S&P/TSX composite index was up 323.93 points at 24,332.79. In New York, the Dow Jones industrial average was...
permalink / 3 stories from 3 sources in 40 hours ago #economy #finance #trade #business #energy #canada #new-york #united-states #usrelations
President Trump has suggested that the current 25% tariff on Canadian auto imports could be raised further, hinting at additional punitive measures despite ongoing deal talks. The comments underscore a hardline trade stance that continues to unsettle Canadian industries already bracing for cost escalations. More...
Amid a solemn yet politically charged atmosphere, Canada’s top officials are making alternative arrangements for Pope Francis’s funeral. With the Prime Minister absent due to election commitments, Gov. Gen. Mary Simon and other notable leaders—including a Canadian Bishops’ representative and a Métis leader—are set to represent the nation at the Vatican. More...
Canada’s oldest retailer appears to be losing its retail magic as court filings confirm the liquidation of its last six stores. With hopes of a buyer dimming faster than holiday sales, Hudson’s Bay must now clear its shelves—truly a relic in a tough market with a touch of corporate irony. More...
Critics have sparred over Mark Carney’s handling of fiscal policies, castigating his dismissive attitude and alleged arrogance as the government report on Canada’s economic future raised serious questions. Commentators argued that the Liberals’ approach is paving a rocky road ahead. More...
Ontario’s education ministry is stepping in by taking control of a London school board amid revelations of fiscal mismanagement and questionable expenditures. Officials have also launched investigations into three other boards, as accountability measures tighten – a bureaucratic intervention that has everyone wondering if school finance is the new hot topic. More...
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