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Ontario collects $260,000 from one-day electricity surcharge on U.S. exports

Ontario collects $260,000 from one-day electricity surcharge on U.S. exports

TORONTO — Ontario collected about $260,000 from the one day an electricity surcharge was in effect on exports to the United States, Energy Minister Stephen Lecce's office said Friday.
P.E.I. tables similar bill to Nova Scotia aimed at reducing trade barriers

P.E.I. tables similar bill to Nova Scotia aimed at reducing trade barriers

CHARLOTTETOWN — Prince Edward Island has introduced legislation aimed at reducing barriers to interprovincial trade and labour mobility.
Hudson's Bay sale now using protocol designed to handle insider bid: document

Hudson's Bay sale now using protocol designed to handle insider bid: document

TORONTO — A new document circulated to lawyers involved in Hudson’s Bay’s creditor protection case is raising suspicion that a company insider may be exploring a bid for the retailer’s assets or leases.
Corus Entertainment sees potential ad revenue bump from 'buy Canadian' trend

Corus Entertainment sees potential ad revenue bump from 'buy Canadian' trend

TORONTO — A challenging environment for attracting key advertising dollars continues to plague Corus Entertainment Inc., but the company says it could reap the benefits of the "Buy Canadian" movement that has gained momentum in response to U.S.
Potential impact of trade war on jobs and inflation sends US consumer sentiment plunging

Potential impact of trade war on jobs and inflation sends US consumer sentiment plunging

WASHINGTON (AP) — Consumer sentiment fell sharply in April, the fourth consecutive month of declines, as an intensifying trade war fueled anxiety over American jobs and rising inflation .
US wholesale inflation fell last month but trade war threatens to reverse that trend

US wholesale inflation fell last month but trade war threatens to reverse that trend

WASHINGTON (AP) — U.S. wholesale prices fell last month in another sign that inflationary pressures are easing. But President Donald Trump’s trade wars cloud the outlook as new, punishing tariffs are launched by Beijing and Washington .
Canadians turn their backs on U.S. travel, as return trips plunge: StatCan

Canadians turn their backs on U.S. travel, as return trips plunge: StatCan

Canadian visits to the United States plummeted last month amid anger over tariffs and annexation threats from its president, on top of growing fears about treatment at the border. In March, the number of Canadians returning home by car from the U.S.
MTY Food Group reports Q1 profit down on foreign exchange losses, revenue up

MTY Food Group reports Q1 profit down on foreign exchange losses, revenue up

MONTREAL — MTY Food Group Inc. reported its first-quarter profit fell compared with a year ago as it was hit by foreign exchange losses taken primarily on intercompany loans.
China hits back at US and will raise tariffs on American goods from 84% to 125%

China hits back at US and will raise tariffs on American goods from 84% to 125%

BEIJING (AP) — China announced Friday that it will raise tariffs on U.S. goods from 84% to 125% — the latest salvo in an escalating trade war between the world's two largest economies that has rattled markets and raised fears of a global slowdown.
Tariffs could spell end of the line for some smaller Canadian food makers: experts

Tariffs could spell end of the line for some smaller Canadian food makers: experts

As tariffs on Canadian goods and retaliatory levies filter through supply chains, industry insiders say some smaller Canadian food manufacturers may not be able to weather the storm much longer.
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