Canada added 76,000 jobs in January, exceeding expectations. Meanwhile, Amazon's better-than-expected revenue was overshadowed by a weaker outlook. President Trump's threat of tariffs on Canadian oil is boosting demand for the Trans Mountain pipeline. Wall Street analysts are bearish on General Motors and Ford, citing a challenging automotive landscape. Canada's Finance Minister Dominic LeBlanc discusses trade, spending, and economic uncertainty in an exclusive interview.
BNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses.Canada’s job market added 76,000 new positions last month, well ahead of expectations and. Economists were expecting about 25,000 new jobs and for the rate to inch higher to 6.8. The stronger than expected number pushed up the loonie and look comparatively strong compared to U.S. numbers also released this morning. The U.S.
Jason Balach, the company’s vice-president of business development, told an energy conference in Houston Thursday that if Trump follows through with the tariffs currently scheduled for March 1, it will likely bring the pipeline to full capacity this year. That’s well ahead of the previously anticipated timeline of 2028 when that might have happened by itself. “We are ready to handle the extra volume,” he said.General Motors Co. and Ford Motor Co.
ECONOMY EMPLOYMENT AMAZON TARIFFS PIPELINES AUTOMOTIVE INDUSTRY FINANCE MINISTER
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canada's Job Market Exceeds Expectations, Amid Trump TariffsThis article covers Canada's strong job market growth, the potential impact of Trump's tariffs on Canadian businesses, and Canadians' outlook on their children's financial future.
Read more »
Ford Warns of 500,000 Job Losses From Trump Tariffs, Canada Weighs ResponseOntario Premier Doug Ford warns of 500,000 job losses due to Trump's tariffs, while Canadian Finance Minister LeBlanc says all options are on the table for a response. Premier Smith in Alberta states defiance against any block on energy exports to the US. Ford suggests cutting electricity supply to US states as a last resort, but other premiers oppose the threat. The federal government unveils a $1.3 billion plan to bolster border security, addressing concerns raised by Ford.
Read more »
Migrant Death, Trump Job Cuts, Canada Post Layoffs, Bird Flu Concerns, and MoreThis news roundup covers a range of topics, from a tragic migrant death and President Trump's planned job cuts to the ongoing avian influenza outbreak and the latest product recommendations for Valentine's Day. Stay informed about the most important stories unfolding around the world.
Read more »
Trump Imposes Sweeping Tariffs on Canada, Canada Vows ResponseU.S. President Donald Trump signed an executive order imposing tariffs on Canadian goods, citing a national emergency. Canada has vowed to respond to the tariffs, with Prime Minister Justin Trudeau set to announce the country's strategy. The move has sparked criticism from Canadian officials and industry leaders, who warn of negative economic consequences.
Read more »
Canada Prepares for Trump Tariffs as Trump Returns to White HousePrime Minister Justin Trudeau and Canadian cabinet ministers are bracing for the potential imposition of 25% tariffs on Canadian goods by newly inaugurated President Donald Trump. Canada has prepared retaliatory tariffs in response, and officials are urging the US to reconsider.
Read more »
Cloudbet Lets Users Bet on Canada's Next PM with Trump's $TRUMP TokenCloudbet, a prominent crypto sportsbook, has added former US President Donald Trump's $TRUMP token to its platform, allowing users to wager on Canada's upcoming election. The platform highlights Pierre Poilievre as the frontrunner at 1.20 odds, marking a unique development in political betting utilizing a memecoin.
Read more »