Canada’s Economy Surges 3.3%
Canada’s economy grew at a strong 3.3% annualized rate in the second quarter of 2026, beating the Bank of Canada’s forecast and putting earlier recession fears to rest. The growth was driven by stronger exports, especially autos, increased business spending on equipment and technology, and a pickup in housing activity. Consumer spending also rose, while […]
Trump Threatens 50% Canada Tariffs — Cars, Jobs and Prices Could Take the Hit
Trade tensions between Canada and the United States are escalating again, and this time the biggest risk could hit cars, jobs and everyday prices. President Donald Trump has threatened to impose tariffs of up to 50% on Canadian cars, trucks, auto parts and steel starting January 1. The move comes after Canada promised to retaliate […]
Seprod Profit Jumps 16% as Debt Falls
Seprod made more money in the second quarter even though sales fell, showing that tighter cost control is helping the company protect profits in a difficult environment. The Jamaican food and distribution group reported quarterly profit of $688 million, up 16% from a year earlier. Revenue, however, fell 3% to $36.5 billion, partly because Jamaica’s […]