Article content (Bloomberg) — Emerge Canada Inc., an investment firm known for selling Toronto-listed versions of Cathie Wood’s popular exchange-traded funds, has allegedly violated securities laws, according to Ontario’s securities regulator. Article content The Ontario Securities Commission alleges Emerge “acted in its own interests by knowingly taking an estimated C$6 million of investor money in […]
Article content (Bloomberg) — US Commerce Secretary Howard Lutnick signaled he doesn’t expect a reprieve on 25% tariffs for steel and aluminum imports scheduled to take effect on Wednesday. Article content The levies, ordered by President Donald Trump in February, include imports from Canada and Mexico — which are among the top foreign suppliers — […]
Breadcrumb Trail Links PMN Business Bond traders are signaling an increasing risk that the US economy will stall as President Donald Trump’s chaotic tariff rollouts and federal-workforce cuts threaten to further restrain the pace of growth. Author of the article: Bloomberg News Michael Mackenzie and Liz Capo McCormick Published Mar 09, 2025 • 4 minute […]
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 […]