Browsing: Business

In 2025, bilateral trade in merchandise between European and North American markets hit an all-time high of 81.8 billion euros, highlighting the strength of integrated trade partnerships. As per fresh data from Eurostat, the EU exported goods worth 48.8 billion

– Costco has raised the online selling price of its Kirkland Signature full synthetic motor oil to $57.99 for a 10-quart case, which includes two 5-quart bottles and covers several common viscosity grades. Additionally, the retailer has introduced purchase restrictions

Prime Minister Mark Carney unveiled an enhanced federal strategy aimed at boosting local manufacturing capabilities and achieving greater supply chain resilience amid U.S. trade restrictions. This comprehensive approach encourages domestic investment, bolsters vital infrastructure, and broadens export pathways outside the

– According to Oxford Economics, Quebec is projected to experience the most significant industrial setback among Canadian provinces as a result of the recent U.S. tariffs, with the firm estimating that Quebec’s annual economic output could decline by roughly C$1.8

– Canada announced that starting September 8, it will implement tariffs of 15%, 25%, and 50% on C$27.6 billion worth of U.S. imports, according to Prime Minister Mark Carney. These new duties will cover over 700 tariff items and are

WASHINGTON, D.C. / RankWire.AI / – The U.S. dollar hovered near a three-month low on Thursday as a result of declining long-term Treasury yields, with the dollar index trading around 98.81 against a basket of six major currencies. Meanwhile, the

Official national economic tracking data released on Friday confirms the Canadian economy grew 0.3 per cent in May, extending a broader economic recovery into a second consecutive month and surpassing earlier government forecasts. According to monthly Gross Domestic Product figures

Nova Scotia is investing $250,000 in MB Meat Company, a new beef processing facility in Judique, Inverness County. The province said the site is Cape Breton’s only provincially inspected beef abattoir. The facility provides custom slaughter and cut-and-wrap services for

The Canadian dollar weakened to a 14-month low against the U.S. dollar on Friday, bringing it close to the 70 U.S. cent mark after a sharp week of losses. The loonie traded at 1.4180 per U.S. dollar, or 70.52 U.S.

Canada imposed a 10% tariff on imported canned vegetables on June 19. The measure applies for up to 200 days. It covers canned vegetable imports from most countries but excludes the United States. Mexico, Israel, Chile and developing countries also