business
Enbridge signs deal with KKR and Apollo to fund Westcoast pipeline expansion
Enbridge Inc. has signed a deal with KKR and Apollo to form a joint venture to help fund the expansion of its Westcoast natural gas pipeline system. Source link
Chapman’s Ice Cream pledges no price increase as Ontario company shifts away from U.S. suppliers
Ontario company Chapman’s Ice Cream says it’s moving to replace more than 70 per cent of its ingredients from the U.S. by mid-2027, promising no price increases until March 2028. Source link
Federal government removes seafood and fish products from counter-tariff list
Finance Canada has removed fish and seafood products from a list of counter-tariffed items, just a day after the government initially hit back at the U.S. with retaliatory measures. Source link
Consumers say 'resolve is strengthened' to buy Canadian, bringing patriotic shopping movement back to life
As trade war tensions between Canada and the U.S. ratchet up again, some shoppers are digging in their heels when it comes to buying Canadian. And that’s driving more traffic to tools that help connect shoppers with Canadian-made products and home-grown businesses. Source link
Trump's trade war: Fact-checking Canada's natural gas leverage over the U.S.
Prime Minister Mark Carney cited Canadian natural gas exports to support his claim that “Canada fuels American growth.” A top commodities analyst says using natural gas as leverage in the ongoing trade war would have major consequences in both countries. Source link
Meta reaches $16.7B US settlement over social media harms to children
Meta reached a settlement during a California federal trial in a case regarding claims brought by 29 states, averting one of the highest-profile tests yet of allegations that social media companies harmed young users. Source link
Retaliatory tariffs could raise costs for Canadian businesses already weathering the trade war
Canada is set to impose retaliatory tariffs on $27.6 billion worth of U.S. goods starting Sept. 8. For some Canadian businesses, these counter-tariffs stand to drive up the costs of the things they make, which could be another difficult blow for companies at a time when many are already impacted by the ongoing trade war […]
Loblaw backtracks on dropping country-of-origin produce labels after customer backlash
Loblaw has reversed course on its decision earlier this month to drop country-of-origin labeling on produce signs in its stores in most provinces, following customer backlash. Source link
Canada's big banks are shrugging off Trump's trade war
Top executives at the Bank of Montreal and Scotiabank separately referred to the Canada-U.S. trade situation as “manageable” on Tuesday. Source link
Trump's tariffs risk higher prices for AI, video games, cellphones: experts
While autos and steel have taken centre stage in the Canada-U.S. trade war, experts say prices rising tariffs could rise prices for electronics, including the physical components behind AI. Source link