Monthly Archives: July 2025

The United States is suspending a “de minimis” exemption that allowed low-value commercial shipments to be shipped to the United States without facing tariffs, the White House said on Wednesday.

While a handful of trade deals have trickled in — including 15 per cent for South Korea and an extension of current rates for Mexico –many details remain hazy, leaving businesses and manufacturers around the world bracing for more price … Continue reading →

Canada’s economy contracted slightly — by 0.1 per cent — for the second consecutive month in May, according to Statistics Canada.

The Canadian Museum of History announced Wednesday that Wittington Investments Ltd., a private Canadian holding company for the Weston family, wants to buy the document for $12.5 million and donate it to the Quebec institution.

General Motors, Stellantis and Ford are all taking a hit from tariffs, to the tune of hundreds of millions or billions of dollars each. And while the cost hasn’t made its way into vehicle pricing yet, auto industry experts say … Continue reading →

The president’s proclamation imposes a 50 per cent tariff on semi-finished copper products and other products that copper is heavily used to manufacture. The move is essentially a boost to Chile and Peru, two of the world’s largest copper miners.

On Tuesday, a powerful 8.8 magnitude earthquake rocked the area around Russia’s Kamchatka peninsula, resulting in tsunami warnings being issued around the world. But how often do they occur and is Canada at risk?

OpenAI recently began rolling out an AI agent that aims to be a virtual personal assistant, completing tasks like booking appointments, hotels or flights. And they’re not alone. But experts caution that this technology comes with security and reliability risks.

Three months after Alberta introduced new fees on wine sales, B.C. wineries are feeling the pinch as the amount of lost sales add up.

When Vancouver’s downtown Costco recently posted signs announcing people will need an active membership card to purchase food from the food court, it sparked a fierce debate online about whether non-members should be able to access its cheap meals.