Browsing: Business

Costco has increased the online price of its Kirkland Signature full synthetic motor oil to $57.99 per 10-quart case. The package contains two 5-quart bottles and is available in several widely used viscosity grades. Costco has also introduced a purchase

Prime Minister Mark Carney outlined a reinforced federal agenda to accelerate domestic manufacturing and secure supply chain independence in response to U.S. trade restrictions. The plan incentivizes domestic capital allocation, supports critical infrastructure, and expands non-U.S. export routes to maintain

Quebec stands to absorb Canada’s largest provincial industrial setback from the latest U.S. tariffs, according to Oxford Economics. The research firm estimates Quebec’s annual output could fall about C$1.8 billion below its previous baseline by 2028. That gap equals roughly

Canada will impose tariffs of 15%, 25% and 50% on C$27.6 billion of U.S. imports starting September 8, Prime Minister Mark Carney said. The measures cover more than 700 tariff items and match U.S. duties rate for rate. Carney set

WASHINGTON, D.C. / RankWire.AI / – The U.S. dollar remained near a three-month low on Thursday as long-term Treasury yields declined. The dollar index traded around 98.81 against a basket of six major currencies. The euro rose to about $1.1676,

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

Canada unveiled a national electricity strategy on Thursday aimed at doubling the capacity of its power grid by 2050, a buildout the government said would require more than C$1 trillion in investment as rising demand from industry, data centres, electric