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Scotiabank executive says youth bearing the most financial strain

Scotiabank executive says youth bearing the most financial strain

The Bank of Nova Scotia's chief risk offer says it's a mixed picture for consumer health in Canada, with younger clientele experiencing the brunt of the financial strain but "green shoots" emerging elsewhere.
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A US tariff exemption for small orders ends Friday. It's a big deal to some shoppers and businesses

A US tariff exemption for small orders ends Friday. It's a big deal to some shoppers and businesses

NEW YORK (AP) — Low-value imports are losing their duty-free status in the United States this week as part of President Donald Trump's agenda for making the nation less dependent on foreign goods and resetting global trade with tariffs.
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BMO sees steadier economic outlook ahead, but trade uncertainty remains

BMO sees steadier economic outlook ahead, but trade uncertainty remains

Executives at BMO Financial Group say the economic outlook in Canada and the U.S. is becoming steadier, but the bank is still bracing for trade and geopolitical ups and downs in the months ahead.
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August consumer confidence dips in US with jobs, tariffs and high prices driving most unease

August consumer confidence dips in US with jobs, tariffs and high prices driving most unease

WASHINGTON (AP) — Americans’ view of the U.S. economy declined modestly in August as anxiety over a weakening job market grew for the eighth straight month. The Conference Board said Tuesday that its consumer confidence index ticked down by 1.
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Hudson's Bay wants to sell leases to billionaire to appease lender: landlords

Hudson's Bay wants to sell leases to billionaire to appease lender: landlords

TORONTO — A group of Hudson's Bay landlords say a lender's desire to recoup cash is the only reason the shuttered department store is pursuing a plan to sell its leases to a B.C. billionaire.
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Trump's attempt to fire Fed governor Lisa Cook is likely to lead to a major legal battle

Trump's attempt to fire Fed governor Lisa Cook is likely to lead to a major legal battle

WASHINGTON (AP) — President Donald Trump's attempt to fire one of the seven governors of the Federal Reserve will likely end up in court and could more clearly define the limits of the president's legal powers over the traditionally independent insti
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Gen Z's growing interest in financial advice and investing fuelled by social media

Gen Z's growing interest in financial advice and investing fuelled by social media

As soon as he turned 18, Matthew Robertson set up a tax-free savings account, downloaded personal finance apps on his phone and started listening to podcasts to plug himself into the stock market.
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Canada eyes deeper energy ties with Germany through critical minerals partnership

Canada eyes deeper energy ties with Germany through critical minerals partnership

BERLIN — Canada signed a critical minerals partnership with Germany on Tuesday that encourages the joint public financing of natural resources projects as Ottawa works to boost development and exports to Europe.
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Alberta seeking public input in establishing nuclear power industry

Alberta seeking public input in establishing nuclear power industry

CALGARY — Alberta Premier Danielle Smith says she expects the private sector to lead the way on potentially bringing nuclear power to the province, but her government would set up a Crown corporation if needed.
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Trump fires Fed Governor Lisa Cook, opening new front in fight for control over central bank

Trump fires Fed Governor Lisa Cook, opening new front in fight for control over central bank

WASHINGTON (AP) — President Donald Trump fired Federal Reserve Governor Lisa Cook late Monday, a surprise move constituting a sharp escalation in his battle to exert greater control over what has long been considered an institution independent from d
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