business

A proclamation signed late Monday by U.S. President Donald Trump will amend his ‌Sec. 232 national security tariffs on some aluminum, steel and copper imports, lowering them from 25 per cent to 15 per cent. Source link

A new report calls the market for cloud computing in Canada “broken” and warns that without requiring compatibility between shared processing providers, domestic alternatives to U.S. tech giants risk Canadians buying into “maplewashed dependencies.” Source link

More than 2,910 Chinese-made electric passenger vehicles arrived in Canada during the month of May under the reduced tariff deal announced earlier this year. Source link

U.S.-based artificial intelligence giant Anthropic said Monday it has filed for an initial public offering (IPO), teeing up what could become a watershed moment for Wall Street’s AI frenzy. Source link

Canada Post workers have voted in favour of a new contract, ending years of tensions and back and forth negotiations between the union and the Crown corporation, including nation-wide strikes. Source link

Nvidia has unveiled a powerful chip that would bring advanced artificial intelligence functions into laptops and desktop computers, with new personal computer models from brands including Microsoft and Dell set to roll out later this year. Source link

As more workers across the country find themselves forced back into the office full time, experts say a recent court decision in British Columbia could have broader implications for remote work — and shows why employers need to implement return-to-office mandates with care. Source link

Tomato prices were up 21 per cent in April compared to a year earlier, the highest year-over-year price increase for any grocery item measured in the consumer price index, beating coffee and beef. Source link

With the price of used vehicles up around 48 per cent since late 2019, a vehicle that’s been rebuilt after a write-off may carry a tempting price tag. But auto industry experts say they carry risks that may affect safety and insurance. Source link

The loss comes amid an ongoing labour dispute with workers that the Crown corporation attributed in part to the downturn in its parcel business. Source link