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Calgary car dealer sentenced to two years jail for defrauding customers

Calgary car dealer sentenced to two years jail for defrauding customers

CALGARY — A car dealer says he defrauded customers out of thousands of dollars because he, too, was a victim and thought he could earn back his losses.
Trump places 25% tariff on imported autos, expecting to raise $100 billion in tax revenues

Trump places 25% tariff on imported autos, expecting to raise $100 billion in tax revenues

WASHINGTON (AP) — President Donald Trump said Wednesday he was placing 25% tariffs on auto imports , a move the White House claims would foster domestic manufacturing but could also put a financial squeeze on automakers that depend on global supply c
EV-ready parking spots should be required in new apartment builds: report

EV-ready parking spots should be required in new apartment builds: report

TORONTO — New multi-unit buildings across Canada should be required to make their parking spots electric-vehicle ready as a possible way to spur EV uptake, a report released Wednesday suggested.
Stock market today: Wall Street slumps as Nvidia, Tesla and other Big Tech stocks drop

Stock market today: Wall Street slumps as Nvidia, Tesla and other Big Tech stocks drop

NEW YORK (AP) — Renewed drops for Nvidia, Tesla and other former superstars dragged Wall Street lower. The S&P 500 fell 1.1% Wednesday. The Dow Jones Industrial Average lost an early gain to flip to a loss of 0.
Ski-Doo maker BRP delays financial forecast amid trade uncertainty

Ski-Doo maker BRP delays financial forecast amid trade uncertainty

Economic uncertainty stirred up by whipsawing U.S. tariff threats prompted BRP Inc.
Bank of Canada says it would have likely held rate steady if not for tariffs

Bank of Canada says it would have likely held rate steady if not for tariffs

OTTAWA — The Bank of Canada’s top decision makers signalled they likely would have puased the interest rate easing cycle earlier this month if not for the substantial uncertainty around tariffs from the United States.
Hudson's Bay seeks court agreement that offers little time to save six stores

Hudson's Bay seeks court agreement that offers little time to save six stores

TORONTO — Hudson’s Bay asked an Ontario court Wednesday to approve a restructuring agreement that will give it a short timeline to save the six stores it has so far spared from liquidation.
Nearly half of small businesses do not see the U.S. as a reliable partner: CFIB

Nearly half of small businesses do not see the U.S. as a reliable partner: CFIB

TORONTO — Canadian small businesses are losing confidence in the U.S. as a reliable trading partner, and are shifting to suppliers in domestic and other international markets in the wake of President Donald Trump's tariffs.
Trudeau was warned about Trump's trade plans before phone call: briefing note

Trudeau was warned about Trump's trade plans before phone call: briefing note

WASHINGTON — Then-prime minister Justin Trudeau went into his first phone call with a newly re-elected Donald Trump aware that the U.S. president likely was looking to reopen the Canada-U.S.
Supreme Court upholds Biden rule requiring serial numbers and background checks for ghost guns

Supreme Court upholds Biden rule requiring serial numbers and background checks for ghost guns

WASHINGTON (AP) — The Supreme Court on Wednesday upheld a Biden administration regulation on the nearly impossible-to-trace weapons called ghost guns, clearing the way for continued serial numbers, background checks and age verification requirements
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