Breadcrumb Trail Links PMN Business The governor of the Bank of Canada was under scrutiny. For weeks, press reports had tied Mark Carney to a potential run for the country’s Liberal Party, which was looking for a new leader. Author of the article: Bloomberg News Brian Platt Published Mar 08, 2025 • 8 minute read […]
Breadcrumb Trail Links PMN Business President Donald Trump said he may implement reciprocal tariffs on Canadian lumber and dairy products as soon as Friday, threatening again to disrupt crossborder trade. Author of the article: Bloomberg News Akayla Gardner Published Mar 07, 2025 • 3 minute read A train car at the MacMillan Yard in Toronto, […]
Article content (Bloomberg) — Federal Reserve Chair Jerome Powell acknowledged increased uncertainty in the US economic outlook, but said officials don’t need to rush to adjust policy. Article content “Despite elevated levels of uncertainty, the US economy continues to be in a good place,” Powell said in remarks prepared for event Friday in New York […]
Article content (Bloomberg) — President Donald Trump’s slew of tariffs means American farmers may not make that big shift to corn after all. Article content Growers were widely expected to plant the most corn in five years due to tighter supplies. Now levies on some products from Canada, Mexico and China have shifted a key […]
Breadcrumb Trail Links PMN Business Adding steel and aluminum tariffs to auto tariffs would cost carmakers billions of dollars and is “likely to shut the industry down,” says the head of Canada’s second-largest public car parts manufacturer, Linamar Corp. Author of the article: Bloomberg News Stephanie Hughes Published Mar 06, 2025 • 2 minute read […]
Article content (Bloomberg) — Ontario will impose a 25% tariff on power it sends to 1.5 million homes in Minnesota, Michigan and New York in response to fresh US levies, Premier Doug Ford announced Tuesday. Article content “If these tariffs persist, if the Trump administration follows through on any more tariffs, we will immediately apply […]
Article content (Bloomberg) — One of Wall Street’s most-popular option trades just got more popular than ever, fueled by Donald Trump’s volatility-inducing policy agenda and a push by Robinhood Markets Inc. to expand its product offerings. Article content Contracts that expire within 24 hours made up a record 56% of the S&P 500’s total options […]
Breadcrumb Trail Links PMN Business President Donald Trump’s tariff threats once again lifted the dollar last week, but a growing group of investors is betting against the greenback amid signs the US economy is cooling and on concern a trade war will weaken it further. Author of the article: Bloomberg News Anya Andrianova and Carter […]
Breadcrumb Trail Links PMN Business Canada is trading its usual restraint for American-style boldness in an effort to prove to US President Donald Trump that it’s serious about strengthening the border as it tries to avert tariffs. Author of the article: Bloomberg News Randy Thanthong-Knight Published Mar 01, 2025 • 5 minute read jkc2vgmb5e{1g3m}b47e5{k1_media_dl_1.png U.S. […]
Breadcrumb Trail Links PMN Business The Oval Office blow up between Zelenskiy and Trump laid bare for many Europeans that something critical has broken in their relationship with Washington Author of the article: Bloomberg News Alberto Nardelli Published Mar 01, 2025 • 5 minute read Presidents Zelenskiy and Trump held a contentious meeting in the […]