Canadian retailer Loblaw on Wednesday missed analysts’ estimates for fourth-quarter revenue, signaling consumers are turning cautious and more discerning in their spending pattern as tariff uncertainty hovers.
Reuters
Canada’s Loblaw misses fourth-quarter revenue estimates
Mosaic misses profit estimates on weak U.S. phosphate demand
Mosaic missed Wall Street expectations for fourth-quarter profit on Tuesday, hurt by a steep drop in U.S. phosphate fertilizer demand that weighed on sales volumes.
India and Canada to begin free trade talks during Carney’s visit, minister says
India hopes to start talks on a free trade agreement with Canada during Prime Minister Mark Carney’s visit to India later this week, the South Asian nation’s trade minister said on Tuesday.
New U.S. tariffs start at 10 per cent, Trump administration working to hike them to 15 per cent
The United States began collecting a temporary new 10 per cent global import tariff on Tuesday but the Trump administration was working to increase it to 15 per cent, a White House official said, sowing confusion over President Donald Trump’s tariff policies in the wake of last week’s Supreme Court defeat.
U.S. cattle ranchers search for feed as wildfires burn grazing lands
Pasture lands have been stripped down to a sea of sand after wildfires tore across the U.S. Plains, killing cattle and wiping out their food sources, and threatening a historically small herd already linked to rising beef prices.
OPINION: Three ways Canada can navigate an increasingly erratic and belligerent United States
As Canada navigates this belligerent U.S. government, a lingering question is whether this history of interwoven reciprocity is deteriorating into a complex entanglement of vulnerability.
USDA defends $12 billion subsidy amid farm economy challenges
As the U.S. Department of Agriculture prepares to dole out $12 billion (C$16.4 billion) in government subsidies next week, officials and economists at the agency’s annual forum near Washington defended the assistance as a necessary measure to prevent more farmers from financial ruin.
Canada December retail sales down 0.4 per cent; seen up 1.5 per cent in January
Canadian retail sales decreased by 0.4 per cent in December to $70 billion on a monthly basis, led by a drop in sales at motor vehicle and parts dealers, Statistics Canada said on Friday.
OPINION: Draining wetlands produces substantial emissions in the Canadian Prairies
While wetlands sequester carbon, they also naturally release greenhouse gases (GHG) into the atmosphere. Our new study has found that widespread wetland drainage on Prairie farmland releases 2.1 million tonnes of carbon dioxide equivalent (CO₂-eq) per year.
Trump declares 10 per cent global tariff after Supreme Court decision
Exemptions carved out for imports of beef, tomatoes, any CUSMA-compliant goods
The U.S. Supreme Court struck down on Friday President Donald Trump’s sweeping tariffs that he pursued under a law meant for use in national emergencies.