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U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt businesses
The U.S. economy shrank at a 0.3% annual pace from January through March, the first drop in three years, as President Donald Trump's trade wars disrupted business.
Apr 30, 2025 10:34 AM
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Loblaw still adding Canadian products but CEO says 'Buy Canadian' trend may not last
Loblaw Cos. Ltd. says it's still working to stock its grocery store shelves with more Canadian products as shoppers look for local alternatives during the Canada-U.S. trade war, but the company's chief executive admits the shift may not last.
Apr 30, 2025 9:43 AM
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Algoma Steel reports loss as tariffs, pricing weigh on results
SAULT STE. MARIE — Algoma Steel Group Inc. says Canada's steel market is under increasing pressure from weakening prices brought on by tariffs and imports, but that its major retrofit of its furnace system should help with costs ahead.
Apr 30, 2025 9:02 AM
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US inflation cools and Americans step up spending as they brace for tariff impact
WASHINGTON (AP) — A closely watched inflation gauge cooled last month in a sign that prices were steadily easing before most of President Donald Trump’s tariffs were implemented .
Apr 30, 2025 8:05 AM
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As deadlines near for Hudson's Bay and its leases, there are glimmers of hope
The clock is ticking down on two deadlines that may determine the fate of Hudson's Bay.
Apr 30, 2025 8:02 AM
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Economy shrunk 0.2% in February, StatCan estimates 1.5% annualized growth for Q1
The Canadian economy shrunk in February, but economists say bad weather was likely the larger culprit than uncertainty related to the trade war with the U.S. Statistics Canada said Wednesday that real gross domestic product decreased 0.
Apr 30, 2025 7:03 AM
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Trump's tariffs loom over the economy as shipments from China fall
WASHINGTON (AP) — American businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next.
Apr 30, 2025 7:00 AM
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Trump's tariffs loom over the economy as shipments from China fall
WASHINGTON (AP) — American businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next.
Apr 30, 2025 6:23 AM
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Telus tops watchdog's telecom complaints ranking as overall gripes up 12%: report
A new report says Telus Corp. is the most complained-about telecommunications service provider in Canada so far this year, as overall grievances by customers continue to rise in the sector.
Apr 30, 2025 6:05 AM
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Tariff shocks to jobs, economy growing as boost from preparation fades: Deloitte
TORONTO — Deloitte's latest economic outlook sees the pain of tariffs gathering pace in the months ahead as the short-term boost from companies front-loading activity fades.
Apr 30, 2025 3:00 AM
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