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Canadian, U.S. markets close higher, capping off topsy turvy week

Canadian, U.S. markets close higher, capping off topsy turvy week

Canadian and U.S. stocks closed higher Friday, capping off a tumultuous week that saw nausea-inducing drops and intense spikes driven largely by tariff headlines out of the United States.
‘It’s very grim’: Duty-free shops see sales plummet as travellers shun U.S.

‘It’s very grim’: Duty-free shops see sales plummet as travellers shun U.S.

MONTREAL — Philippe Bachand was in his mid-20s when he helped open his family’s duty-free store an hour south of Montreal.
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.
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.
Most Canadians say they expect to feel U.S. tariffs, want Canada to fight back: poll

Most Canadians say they expect to feel U.S. tariffs, want Canada to fight back: poll

OTTAWA — A new poll suggests 60 per cent of Canadians say they will personally feel the effects of U.S. tariffs — and most believe Canada should fight back.
Alberta bill enables hydrogen home heating, electricity market remodelling

Alberta bill enables hydrogen home heating, electricity market remodelling

EDMONTON — Alberta's government is looking to give the green light to hydrogen as a home and commercial heating fuel in a move it says will boost demand and reduce emissions.
TC Energy CEO says Canada can become top LNG supplier to Asia

TC Energy CEO says Canada can become top LNG supplier to Asia

The chief executive of pipeline operator TC Energy says he believes Canada can be the No. 1 exporter of liquefied natural gas to Asia, but political leadership is crucial to making it happen.
Inflation fell last month as gas prices dropped sharply, a sign prices cooled before tariffs

Inflation fell last month as gas prices dropped sharply, a sign prices cooled before tariffs

WASHINGTON (AP) — U.S. inflation declined last month as the cost of gas, airline fares, and hotel rooms fell, a sign that price growth was cooling even as President Donald Trump ramped up his tariff threats . Consumer prices rose just 2.
Egg prices increase to record high despite Trump's predictions and bird flu outbreak slowing

Egg prices increase to record high despite Trump's predictions and bird flu outbreak slowing

In defiance of President Donald Trump's predictions, U.S. egg prices increased again last month to reach a new record-high of $6.23 despite a drop in wholesale prices and no egg farms having bird flu outbreaks.
Why Simons and Holt Renfrew are unlikely to want all of Hudson's Bay's real estate

Why Simons and Holt Renfrew are unlikely to want all of Hudson's Bay's real estate

TORONTO — When Hudson’s Bay revealed it was liquidating almost the entirety of its empire, some thought the selloff would be an opportunity for two of Canada’s last standing department stores: La Maison Simons and Holt Renfrew.
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