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Loblaw to review price increase requests faster due to potential tariffs

Loblaw to review price increase requests faster due to potential tariffs

TORONTO — Loblaw is reviewing price increase requests from suppliers faster than normal because of the impact of potential tariffs on costs.
Advocates decry watchdog's proposal to fine air travellers who breach confidentiality

Advocates decry watchdog's proposal to fine air travellers who breach confidentiality

MONTREAL — Passenger rights advocates are raising alarm bells about a proposed rule change that would give the country's transport watchdog new powers to penalize air travellers.
Tariff threats and uncertainty could weigh on consumers, drag down US economy, gov't report suggests

Tariff threats and uncertainty could weigh on consumers, drag down US economy, gov't report suggests

WASHINGTON (AP) — Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be weighing on an otherwise mostly healthy economy.
S&P/TSX composite edges lower in late-morning trading, U.S. stock markets up

S&P/TSX composite edges lower in late-morning trading, U.S. stock markets up

TORONTO — Losses in technology stocks and the base metal sector helped nudge Canada's main stock index lower in late-morning trading, while U.S. markets moved higher. The S&P/TSX composite index was down 7.61 points at 25,120.63.
Ottawa posts $21.7 billion deficit for April-to-December period

Ottawa posts $21.7 billion deficit for April-to-December period

OTTAWA — The federal government posted a budgetary deficit of $21.7 billion for the April-to-December period of its 2024-25 fiscal year. The result compared with a deficit of $23.6 billion for the same period a year earlier.
Trump calls Freeland 'a whack' and Poilievre 'not a MAGA guy' as tariff threat looms

Trump calls Freeland 'a whack' and Poilievre 'not a MAGA guy' as tariff threat looms

WASHINGTON — U.S. President Donald Trump is weighing in on domestic Canadian politics as his deadline to impose steep tariffs on Canada inches closer.
Doug Ford's Ontario PCs win re-election, with tariff threats around the corner

Doug Ford's Ontario PCs win re-election, with tariff threats around the corner

TORONTO — Doug Ford's Progressive Conservatives won't have long to sit back and bask in the glow of winning a third majority government, with an imminent tariff threat around the corner.
Stock market today: Wall Street drifts toward the close of its worst month since April

Stock market today: Wall Street drifts toward the close of its worst month since April

NEW YORK (AP) — Wall Street is drifting toward the close of its worst month since April following an economic report highlighting both encouraging and discouraging trends. The S&P 500 was basically flat early Friday.
Economy grew at 2.6% annualized rate in final quarter of 2024, StatCan says

Economy grew at 2.6% annualized rate in final quarter of 2024, StatCan says

OTTAWA — The Canadian economy outpaced expectations in the final quarter of the year, Statistics Canada said Friday, thanks largely to a surge in household spending. Real gross domestic product rose 2.
Laurentian Bank reports $38.6M Q1 profit, up from $37.3M a year earlier

Laurentian Bank reports $38.6M Q1 profit, up from $37.3M a year earlier

MONTREAL — Laurentian Bank of Canada reported a first-quarter profit of $38.6 million, up from $37.3 million a year earlier. The Montreal-based bank said Friday the profit amounted to 76 cents per diluted share for the quarter ended Jan.
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