The Bank of Canada opted to keep its key interest rate unchanged today, citing persistent tariff uncertainty and an unclear global economic outlook. Governor Tiff Macklem acknowledged that while inflation is easing and economic growth remains tepid, the risks...
Royal Bank of Canada (RBC) has lowered its price target for Shopify Inc., warning that growing tariff pressures could weigh heavily on the e-commerce giant’s growth prospects over the coming quarters. In a note to investors, RBC analysts said that while Shopify...
A Canadian carbon credit company has filed a lawsuit against several of its former executives, seeking US$40 million in damages over allegations of fraud, breach of trust, and unjust enrichment. The statement of claim, filed in a Canadian court, accuses the executives...
A new survey reveals that Canadians are increasingly hesitant to move to the United States for work opportunities, citing political instability, U.S. tariffs, and uncertainty surrounding immigration policies as major factors. According to the survey, conducted by a...
Oil price forecasts have been sharply downgraded as mounting concerns over an impending global economic slowdown grip markets. Analysts are warning that weakening demand could send crude prices even lower in the coming months. The price slide has also been accelerated...
Gas prices in Canada could remain steady at post-carbon tax lows throughout the summer, according to market analysts at En-Pro International. Typically, gas prices in North America rise with the kickoff of the "summer driving season," which unofficially starts during...
On April 22, 2025, a terrorist attack at Baisaran Valley in Indian-administered Jammu and Kashmir killed 26 and injured more than 20 others. The attack, the deadliest of its kind in India since the 2008 Mumbai attacks, targeted non-Muslim male tourists and was...
Pope Francis, the 266th pope of the Roman Catholic Church, passed away on April 21, 2025, at the age of 88. His death followed a five-week stay in hospital a month earlier, where he suffered from a respiratory tract infection and double pneumonia. The cause of his...
In a significant diplomatic development, former U.S. President Donald Trump met with Ukrainian President Volodymyr Zelensky during Pope Francis’ funeral at St. Peter's Basilica. This marks their first substantive dialogue since their contentious White House meeting...
World Bank Chief Economist Indermit Gill has raised alarms over the escalating debt crisis in emerging markets, exacerbated by recent U.S. tariffs. The International Monetary Fund (IMF) has downgraded global economic growth forecasts for 2025 to 2.8%, citing trade...
