Why 2026 Will Be Another Rocky Year for Global Trade
After a year of tariffs in 2025, global trade braces for the consequences in 2026. Key challenges include CUSMA review, supply chain shocks, and shifting trade patterns. Read the analysis.
Category : Search result: tariff revenue
FedEx Error Leads to $802 Tariff on $30 Canadian Barbie
A Boston grandmother was shocked by an $802 tariff bill for a $30 Barbie shipped from Nova Scotia after a FedEx customs form error. The carrier has now removed the charge.
Trump Tariff War Voted Top Canadian News Story of 2025
The Canadian Press has selected the escalating trade conflict with the U.S., marked by President Trump's aggressive tariffs, as the defining news story of 2025. Explore the impact on Canada's economy and the diplomatic response.
Companies recoup some tariff costs in market
A new report details how companies are navigating complex markets to recover a fraction of tariff expenses. Learn the strategies and economic impacts for Canadian businesses.
Canada's vital 2025 tariff exemption at risk in 2026
A crucial tariff exemption saved Canadian businesses in 2025, but experts warn it's 'absolutely' at risk next year. Learn about the looming trade threat.
Feds give $1M to Leduc oilfield tool manufacturer
The federal government has granted $1 million to a Leduc, Alberta, oilfield tool manufacturer through a program designed to mitigate the impact of tariffs. This investment aims to bolster the local energy sector and protect jobs.
Manitoba donates $2.6M to charities from U.S. liquor sales
The Manitoba government is distributing $2.6 million to local charities, funds generated from liquor sales to U.S. buyers. Learn how this cross-border initiative supports community programs.
Coffee Prices to Rise in U.S. Despite Tariff Reset
American coffee drinkers will face higher prices at cafes and stores, even after former President Trump's recent tariff reset. Get the details on the economic factors at play.
Feds move $900M pension surplus, total hits $2.8B
The federal government is moving another $900 million surplus from the public service pension fund to a central account, bringing the total to $2.8 billion. Public sector unions are alarmed. Read more.
2026 Canadian Tax Changes: What You Need to Know
Inflation-indexed adjustments to income tax brackets and benefits in 2026 could mean more take-home pay for many Canadians. Learn about the new rates and credits.
Ford calls anti-tariff ad 'best ever' with Carney present
Ontario Premier Doug Ford praised an anti-tariff commercial as the 'best ad ever' during a joint appearance with Prime Minister Mark Carney in Ottawa. The event highlighted federal-provincial collaboration.
Accenture Beats Q1 Revenue Estimates on AI Demand
Accenture exceeded Wall Street's first-quarter revenue expectations, driven by robust demand for its AI-powered IT services. The company is advancing its strategy to capture greater market share.
Edmonton may charge for parking at city attractions
Edmonton councillor proposes study on implementing parking fees at city-owned attractions like the zoo and science centre to recover costs and reduce property tax pressure. Could this be a new reality for a growing city?
Three London manufacturers receive federal funding support
Three London manufacturing firms secure federal funding to strengthen operations against trade challenges. MP Kayabaga announces support during tour of local facilities.
Federal government hints at resolving N.B. tax revenue fight
Internal Trade Minister Dominic LeBlanc suggests a resolution is near in the long-standing tax revenue dispute between Ottawa and New Brunswick's Holt government. Read the latest developments.
Pfizer 2026 profit forecast below expectations
Pfizer projects 2026 profits below Wall Street estimates due to a steep drop in COVID product sales and loss of exclusivity for key drugs. Get the full business analysis.
CRA stops mailing paper tax forms automatically for 2025
The Canada Revenue Agency will no longer mail paper tax packages automatically to Canadians who filed on paper last year. Here's what you need to know and how to get your forms for the 2025 tax season.
Hastings Racecourse Sudden Closure Shocks Vancouver
Hastings Racecourse, BC's last thoroughbred track, shuts down immediately after 135 years. Over 100 workers face uncertainty as the province pulls casino revenue. Read the full story.
Hastings Racecourse in Vancouver Closes After 130 Years
Vancouver's historic Hastings Racecourse, B.C.'s last horse track, shuts down immediately after 130+ years. The sudden closure follows the province cutting slot machine revenue. Read the full story.
CRA warns of critical illness insurance tax schemes
The Canada Revenue Agency warns Canadians about aggressive tax schemes using critical illness insurance. Participants face penalties, fines, and jail time. Learn how to protect yourself.
Hewlett Packard forecasts weak revenue, shares fall
Hewlett Packard Enterprise projects Q1 revenue below estimates, citing cautious corporate spending. Shares fell 5% in after-hours trading. Read the full analysis.
NASCAR President: France Family Opposed Revenue Model
NASCAR President Steve Phelps testified that the France family, controlling owners, opposed a new revenue model. The testimony came in a Charlotte court on December 1, 2025.
CRA warns of aggressive tax schemes in Canada
The Canada Revenue Agency has issued a public alert about aggressive tax avoidance schemes operating in the country. Learn what to watch for and how to protect yourself.
Trump's $30B 'Tariff Shelf' Claim Faces Scrutiny
President Trump's repeated story about finding $30 billion on a 'tariff shelf' is dismissed by critics and economists. We examine the facts behind the dubious claim and its implications.
Delta Air Lines lost $200M in U.S. shutdown
The longest U.S. government shutdown cost Delta Air Lines an estimated $200 million in revenue. The airline cites reduced travel demand from federal employees and contractors.
Algoma Steel lays off 1,000, cites U.S. tariffs
Algoma Steel CEO Michael Garcia says U.S. tariffs have closed the American market, forcing 1,000 painful layoffs. Get the full story on this major blow to Northern Ontario's economy.
Costco Sues Over Trump Tariffs for Refund Guarantee
Costco and dozens of other major companies are suing the Trump administration to secure refunds if the Supreme Court strikes down controversial global tariffs. Read the latest on this high-stakes trade battle.
Costco sues U.S. to preserve tariff refunds
Retail giant Costco takes legal action against the U.S. government to secure refunds for tariffs if President Trump loses a Supreme Court appeal. Get the full story on this major trade dispute.
Canada Revenue Agency projects 2026 tax rates
The Canada Revenue Agency has released its projected federal income tax brackets and rates for 2026. See how inflation adjustments will impact your tax bill.
Economist Calls Trump's Economic Claims 'Nonsense'
University of Michigan economist Justin Wolfers dismantles Donald Trump's recent economic boasts, calling them misleading and highlighting weak consumer confidence. Read the full analysis.
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