“The amount of spending is going to change, and the type of spending, and where they’re putting their dollars,” said Walzak. “At the grocery store, when they go to the frozen section to buy chicken wings or chicken fingers, they (might buy), say, Pinty’s, a Canadian brand, versus an American brand,” said Walzak.
A bullish argument, of course, is that tech giants’ dominant industry positions and robust balance sheets make them better suited to withstand an economic downturn than other companies, even if the earnings picture is cloudy. The Magnificent Seven are also less richly valued following the recent selloff: Alphabet, for example, trades at 17 times profits […]
Since Trump imposed tariffs on Canada and other countries, provincial governments have started to curb their relationships with U.S. businesses. Last month, Alberta refrained from using Bank of America Corp. when it sold a euro-denominated bond deal, a break from its practice for such sales over the past six years.
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Breadcrumb Trail Links PMN PMN Business PMN Autos Canadian business leaders say they’re not optimistic that any meaningful reprieve is in the works Author of the article: The Canadian Press Rosa Saba Published Mar 24, 2025 • Last updated 3 minutes ago • 2 minute read Article content Just over a week before new United States […]
Breadcrumb Trail Links Investor News While strategists see a period of calm ahead, they’ve avoided giving clients a resounding all clear to pile into U.S. equities Author of the article: Bloomberg News Alexandra Semenova Published Mar 24, 2025 • 3 minute read The selloff has left Wall Street conflicted about whether the time has come […]
Breadcrumb Trail Links News Economy Talks with Mercosur trade bloc have been in the works for years, but some question whether a deal would move the needle Published Mar 14, 2025 • 4 minute read The Christ the Redeemer statue in Rio de Janeiro, Brazil. Last year Brazilian exports to Canada increased nine per cent […]
Breadcrumb Trail Links News Economy Balancing weaker economic growth but higher inflation, central bank may trim rate by 25 basis points to 2.75 per cent Published Mar 10, 2025 • 3 minute read Tiff Macklem, governor of the Bank of Canada, at the Hilton Mississauga Meadowvale, on Feb. 21, 2025. Photo by Peter J. Thompson/National […]
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Barbara Shecter, Joe O’Connor, Gabriel Friedman, and others. Daily content from Financial Times, the world’s leading global business publication. Unlimited online access to read articles from Financial Post, National Post and 15 […]