Category: Uncategorized

From recovering unpaid debt to saving thousands of workdays, Canada’s biggest banks are racing to use artificial intelligence to improve their financial performance, say their chief executives . Toronto-Dominion Bank chief executive Raymond Chun told investors last year that the lender aims to generate $1 billion in annual value from AI by 2028, but he…

An Ontario man found not criminally responsible twice for stabbing two people in the back multiple times in the span of a decade has been granted a series of day passes even though he’s still deemed a “significant threat to the safety of the public.” Muneeb Ali Ghawar — who has been diagnosed with schizophrenia…

The head of Canada’s largest bank hopes Ottawa can eventually strike a long-term deal with Washington, as United States president Donald Trump escalated the ongoing trade war between the two countries by announcing new tariffs and bans on certain Canadian products. As the trade war expands, more people will pull back their spending, borrow less…

Canada can afford to stick out its escalating trade fight with the United States rather than accept a bad deal since time may ultimately favour the country despite the economic imbalance, says former Canadian ambassador to the United States Frank McKenna . “Time is on our side,” the former New Brunswick premier said. “It’s not…

WASHINGTON, D.C. — Canada-U.S. trade tensions are at a fever pitch after U.S. President Donald Trump unveiled a series of executive orders on Tuesday banning some alcoholic beverages and dairy products from being imported to the United States. Trump’s announcement came in response to Canadian retaliatory tariffs that went into effect this week on nearly…

OTTAWA – The economic impact from U.S. President Donald Trump’s latest series of presidential proclamations targeting trade with Canada will not have significant impact on the Canadian economy, according to economists. “I think the overall effect might be limited,” said Trevor Tombe, economist and professor at the University of Calgary. “Adjusting what products are covered…

The Trump administration has announced that Canadian road salt and cement will be removed from import tariffs as of Sept. 15., earning the gratitude of Maine’s Republican senator, Susan Collins. U.S. communities that share the border with Canada rely heavily on Canadian rock salt to keep winter roads safe, according to Maine TV news station…

In a video address on Tuesday, Prime Minister Mark Carney warned that the ongoing trade conflict with the U.S. “will come at a cost” — but he didn’t say how much. He made the comments the same day that Canadian counter-tariffs on $28 billion worth of U.S. imports came into effect, with the new levies…

Canadian sectors already reeling from United States tariffs now have to contend with a hit from Canadian counter-levies, possibly resulting in a “double tariff shock,” says a new report by Desjardins Group. “Our analysis confirms that several manufacturing sectors will face a double shock,” Florence Jean-Jacobs, principal economist at Desjardins, said in the report on…

OTTAWA — The federal government is considering loosening some of its rules around the sale of nicotine pouches that could see the increasingly popular product sold in Canadian convenience stores, National Post has learned. One senior federal government source told National Post that the “openness” to change existing regulations comes amid pressures from certain provinces…