Chocolate prices remain elevated this Easter due to cocoa price spikes
This Easter, soaring cocoa prices will continue to have an effect on the price of chocolate, experts say — and consumers will likely be looking for deals to fill their baskets.
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Economics
Quebec’s move to cut gasoline floor price won’t be felt at the pumps, experts say
The Quebec government has made a move it hopes will lower the price of gas in the province — but observers say consumers are unlikely to benefit at the pump.
Ontario to loosen internal trade, remove barriers on alcohol and labour mobility
Ontario is set to table legislation to make trade between provinces easier, as a way to shore up the economy against the effects of American tariffs.
‘Confused’: Bank of Canada facing calls it should have cut amid inflation, growth risks
Some experts are calling into question the Bank of Canada’s decision to hold its key policy rate amid trade uncertainty, as the central bank faces dual risks from downside economic impacts coupled with higher inflation expectations.
Rate hold means status quo for Canada’s struggling housing market: experts
Real estate watchers say the Bank of Canada’s decision to hold its key policy rate steady at 2.75 per cent will likely keep a sluggish housing market at the status quo.
Tech shares fall after Nvidia says new U.S. controls on exports of AI chip will cost it US$5.5 billion
Shares in computer chipmakers slumped Wednesday after Nvidia said tighter U.S. government controls on exports of computer chips used for artificial intelligence will cost it an extra US$5.5 billion.
Text of the Bank of Canada’s latest interest rate decision
The Bank of Canada held its key policy rate steady at 2.75 per cent on Wednesday. Here is the text of the central bank’s decision.
China’s economy grew 5.4% in the first quarter as exporters rushed to beat Trump’s tariffs
China’s economy expanded at a 5.4 per cent annual pace in January-March, the government said Wednesday, supported by strong exports ahead of U.S. President Donald Trump’s rapid increases in tariffs on Chinese products.
China appoints a new trade negotiator during tariff fight with the U.S.
China appointed a new trade negotiator Wednesday in the midst of its tariff fight with the U.S.
Ottawa says automakers that keep building in Canada will get a tariff exemption
Canada will allow some relief to domestically-based automakers and manufacturers in specific sectors from counter-tariffs provided they meet certain conditions, the Finance Ministry said on Tuesday.
‘Muddled picture’: Chief economist expects BoC to hold after latest inflation figures
After inflation surprisingly slowed in March, one chief economist says he doesn’t expect a cut from Canada’s central bank on Wednesday, but highlighted he is forecasting about 100 basis points of cuts during the year.
The Daily Chase: Trump tariffs still in the spotlight
Here are five things you need to know this morning.
Xi makes a case for free trade, presenting China as a source of ‘stability and certainty’
China’s Xi is making the case for free trade as he tours Southeast Asia this week, presenting China as a source of 'stability and certainty.'
Here’s how Canada’s semiconductor sector may be caught between the U.S., China trade war
Canada’s semiconductor industry could soon be caught in the economic vice grip of the escalating trade war between the United States and China.