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Tariff shocks to jobs, economy growing as boost from preparation fades: Deloitte

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.
Center-left party approves German coalition deal, paving the way for Merz to be elected chancellor

Center-left party approves German coalition deal, paving the way for Merz to be elected chancellor

BERLIN (AP) — Germany ’s center-left Social Democrats have approved a deal to join a new coalition government, paving the way for parliament to elect conservative leader Friedrich Merz as the country’s new chancellor.
Europe saw stronger growth at start of year, but Trump's tariffs have darkened outlook

Europe saw stronger growth at start of year, but Trump's tariffs have darkened outlook

FRANKFURT, Germany (AP) — Europe’s economy grew more strongly in the first three months of the year, only to see hopes for an ongoing recovery quickly squelched by U.S. President Donald Trump’s trade war.
It's April 30. On tax deadline day, this is your final reminder to file

It's April 30. On tax deadline day, this is your final reminder to file

For most Canadians, today is the last day to file your taxes which is especially important if you need to avoid late penalties and interest on amounts owing.
RBC scraps sustainable finance commitment, holds back on disclosures

RBC scraps sustainable finance commitment, holds back on disclosures

TORONTO — Canada's largest bank said Tuesday that it has scrapped one of its flagship climate commitments and is holding back on publicizing other climate progress in part because of new rules around greenwashing.
Trump signs executive orders to give automobile industry some tariff relief

Trump signs executive orders to give automobile industry some tariff relief

WASHINGTON — U.S.
Liberals projected to finish just short of a majority after very close election race

Liberals projected to finish just short of a majority after very close election race

OTTAWA — Prime Minister Mark Carney will lead a minority government after a very close general election race that left the Liberals just three seats shy of a majority. Just before 4 p.m.
Democrat lawmakers celebrate Carney's Liberal win as most Republicans remain silent

Democrat lawmakers celebrate Carney's Liberal win as most Republicans remain silent

WASHINGTON — Democrat lawmakers in the United States applauded the Liberals' election win under Mark Carney on Tuesday — while most Republican lawmakers stayed silent about an election campaign that turned into a rebuke of U.S.
S&P/TSX composite index closes higher, along with U.S. stock markets

S&P/TSX composite index closes higher, along with U.S. stock markets

TORONTO — Canada's main stock index closed up along with U.S. markets Tuesday as investors saw reason for optimism on the trade front. The S&P/TSX composite index was trading down earlier in the day and U.S.
Gildan Activewear sees Q1 profit rise to US$84.7 million, net sales also up

Gildan Activewear sees Q1 profit rise to US$84.7 million, net sales also up

MONTREAL — Gildan Activewear Inc. saw its earnings rise to US$84.7 million in its latest quarter. The Montreal-based apparel maker, which keeps its book in U.S. dollars, says the first-quarter profit compared with net earnings of US$78.