Browsing: Business

VAUGHAN: Canadian Prime Minister Mark Carney on Feb. 5 unveiled a new national automotive strategy in Vaughan, saying Canada will “build the cars of the future and sell them to the world” as the industry shifts toward lower-emission vehicles, advanced

OTTAWA: Canada’s federal government has moved to delay the start of its Electric Vehicle Availability Standard by waiving 2026 model year vehicles from the program and launching a review of the rule, as officials prepared to brief reporters on a

TORONTO: Economist David Rosenberg of Rosenberg Research has warned that Canada’s economy is “on life support” and that the country is on “recession watch,” as recent official data shows growth losing momentum late in 2025 despite lower interest rates. Statistics

OTTAWA: Canada’s manufacturing sector returned to growth in January as a key gauge of factory activity moved above the 50-mark that separates expansion from contraction, ending roughly a year of subdued conditions. The S&P Global Canada Manufacturing Purchasing Managers’ Index

OTTAWA: Coffee prices in Canada climbed 30.8% in December 2025 from a year earlier, one of the steepest increases across common grocery items, according to Statistics Canada’s Consumer Price Index. The rise widened a gap between coffee and broader consumer

MENA Newswire, OTTAWA: Canada and India are close to concluding a long term uranium supply agreement valued at about C$2.8 billion, according to public statements by Indian and Canadian officials. The proposed arrangement has been described as a 10 year

MENA Newswire, OTTAWA: Canada’s exporters are expanding shipments to markets outside the United States as new and expanded U.S. tariffs reshape trade flows and push up costs for some cross border sales. Official trade data show exports to countries other

MENA Newswire, WASHINGTON: President Donald Trump said the United States is moving to “decertify” aircraft made in Canada and threatened a 50% tariff on Canadian-made aircraft sold into the U.S., linking the steps to what he described as delays by

MENA Newswire, OTTAWA: Canada and South Korea signed a new memorandum of understanding on industrial collaboration that places the automotive sector, electric vehicles and batteries at the center of a broadened bilateral agenda, with both governments saying the deal is

MENA Newswire, OTTAWA: Canada’s annual inflation rate rose to 2.4% in December, up from 2.2% in November, as some year-over-year comparisons were pushed higher by the absence of a temporary GST/HST exemption that had lowered certain prices a year earlier,