Article content (Bloomberg) — Germany’s conservatives and the Social Democrats agreed to deepen talks over forming a new government, a step forward as pressure builds on Chancellor-in-waiting Friedrich Merz to implement sweeping reforms. Article content At a press briefing in Berlin on Saturday, Merz said the parties have agreed to tighten border controls to reduce […]
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 […]
Article content MONTREAL — Trucking companies have begun to halt shipments, mull layoffs and scramble for new routes as tariffs wreak havoc on cross-border trade. Article content The lead-up to U.S. President Donald Trump’s sweeping 25 per cent tariff on Canadian imports as well as retaliatory duties from Canada that took effect Tuesday prompted a […]
Article content MONTREAL — National Bank says it’s aiming to reach $20 billion in renewable energy lending commitments by 2030 as part of its net-zero emissions push, even as the U.S. government works to unwind supports for the sector. Article content The bank says in its latest climate report that, factoring in amortization and repayments […]
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) — Bank of China International Holdings Ltd., the investment banking arm of the giant Chinese state-owned lender, is pulling back from commodities after wild price moves over the past few years shook management confidence in the sector. Article content The bank has reduced the number of clients in its commodities business by […]
Article content HALIFAX — Canadians say they are ready to use their wallets to fight the trade war with the United States, which began today as President Donald Trump imposed 25 per cent tariffs on Canadian goods. Article content Haligonians interviewed today said they are focused on buying Canadian whenever possible, and many said they […]
Article content WASHINGTON (AP) — A divided Supreme Court on Tuesday made it harder for environmental regulators to limit water pollution, ruling for San Francisco in a case about the discharge of raw sewage that sometimes occurs during heavy rains. Article content By a 5-4 vote, the court’s conservative majority ruled that the Environmental Protection […]