Browsing: Business

Canada waived 2026 model year vehicles from its EV availability standard and opened a review before an Ottawa briefing on a national automotive strategy update.

Statistics Canada said GDP was flat in November after an October drop. Unemployment rose to 6.8% in December as inflation rose to 2.4%. BoC held rates at 2.25%.

Canada manufacturing PMI rose above 50 in January, ending a year of contraction as output steadied, hiring improved and business confidence strengthened modestly.

Statistics Canada says roasted or ground coffee averaged C$9.35 per 340 g in Dec. 2025, up from C$7.12 a year earlier, adding to grocery strain for shoppers now.

Canada and India, near a 10 year uranium supply pact valued near C$2.8 billion, involving Cameco, as trade talks restart and civil nuclear rules apply in March.

Canada’s exporters are shipping more to overseas markets as U.S. steel, aluminum and auto tariffs reshape trade, with November data showing a wider deficit now.

Canada says talks continue after Trump orders U.S. decertification for Canada-built planes and warns of 50% aircraft tariffs hitting Bombardier deliveries in U.S.

Canada and South Korea sign an auto and battery cooperation MOU creating an industrial committee to deepen EV supply chain ties and manufacturing links in 2026.

Canada inflation rose to 2.4 percent in December as tax base effects lifted prices while core measures eased and gasoline prices continued to offset gains nationwide.

President Trump announced a 25 percent tariff on countries trading with Iran, offering no legal framework and leaving allies, markets and businesses facing risk.