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Business Canada

  • *Loonie touches its strongest since Aug. 4 at C $1.2558. Canada's overall annual inflation rate rose to 1.2 percent from June's 20- month low of 1.0 percent, while two of the three measures of core inflation that the Bank of Canada introduced last year saw gains. Strengthening in the domestic economy prompted the Bank of Canada to raise interest rates in July for...

  • HAMILTON, Ontario— A Canadian man accused in a massive hack of Yahoo emails agreed Friday to forgo his extradition hearing and go face the charges in the United States. Karim Baratov was arrested in Hamilton, Ontario, in March under the Extradition Act after U.S. authorities indicted him and three others, including two alleged officers of Russia's Federal...

  • OTTAWA, Aug 18- Canada's annual inflation rate ticked higher in July as gas prices climbed, suggesting price pressures are picking up after June's subdued reading and clearing the way for the Bank of Canada to raise interest rates again in the fall. The inflation rate rose to 1.2 percent from June's 20- month low of 1.0 percent, matching analysts' expectations, and...

  • OTTAWA, Aug 18- Canada's annual inflation rate ticked up to 1.2 percent in July, but remained well below the Bank of Canada's 2.0 percent target, as transportation and shelter costs rose, Statistics Canada said on Friday. Two of the three measures of core inflation the Bank of Canada set last year also ticked higher. Shelter costs rose 1.3 percent, natural gas prices...

  • Transports in focus at NAFTA talks

    CNBC's Morgan Brennan takes a look at which transport stocks stand to win or lose the most from revised NAFTA rules.

  • US comes out swinging in first round of NAFTA negotiations

    Antonio Ortiz-Mena, Albright Stonebridge Group, provides insight to the tough trade talk and negotiations among the U.S., Mexico and Canada.

  • A semi truck headed for Windsor, Ontario, drives onto the Ambassador bridge in Detroit, Michigan.

    NAFTA may not include Asia, but the trade-dependent region will be watching how the Trump administration handles talks, analysts said.

  • TUESDAY, AUGUST 29 CHICAGO- Federal Reserve Bank of Chicago President Charles Evans gives opening remarks at the Large-Bank Directors Conference hosted by the Federal Reserve Bank of Chicago 1500 GMT. WEDNESDAY, AUGUST 30 CHICAGO- Federal Reserve Board Governor Jerome Powell speaks on "Key Areas of Focus of Supervisory Reform" at the Large-Bank Directors...

  • TUESDAY, AUGUST 29 CHICAGO- Federal Reserve Bank of Chicago President Charles Evans gives opening remarks at the Large-Bank Directors Conference hosted by the Federal Reserve Bank of Chicago 1500 GMT. WEDNESDAY, AUGUST 30 CHICAGO- Federal Reserve Board Governor Jerome Powell speaks on "Key Areas of Focus of Supervisory Reform" at the Large-Bank Directors...

  • BRASILIA, Aug 17- Brazil will ask the World Trade Organization on Friday to set up a dispute settlement panel to rule on its complaint that Canada has hurt Brazil's commercial jet industry by subsidizing CSeries planes made by Bombardier Inc, the foreign ministry said. Brazil said consultations with Canada had not led to a solution to the dispute, and it expects...

  • WASHINGTON, Aug 17- Auto industry groups from Canada, Mexico and the United States are pushing back against the Trump administration's demand for higher U.S. automotive content in a modernized North American Free Trade Agreement. At talks underway this week in Washington, automaker and parts groups from all three countries were urging negotiators against...

  • MINNEAPOLIS— Minnesota regulators on Thursday released the final environmental review of Enbridge Energy's proposal to replace its aging Line 3 oil pipeline, which carries Canadian tar sands crude across northern Minnesota to Wisconsin. Calgary, Alberta- based Enbridge proposed the $7.5 billion project because the old pipeline is now restricted to...

  • TORONTO _ Banro Corp. on Wednesday reported a loss of $21.8 million in its second quarter. On a per-share basis, the Toronto- based company said it had a loss of 23 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Deborah Elms of the Asian Trade Centre explain why Canada and Mexico regard the Chapter 19 dispute mechanism as a key issue in NAFTA renegotiation talks.

  • NAFTA renegotiations a reaction to impact of globalization on wages, jobs

    The move to re-open NAFTA is a reaction to the negative impact on jobs in wages in all three countries, says Robert Scott, senior international economist and director of International Programs, Economic Policy Institute.

  • LUBBOCK, Texas- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer session at the "Dialog with the Dallas Fed" event hosted by the Lubbock Chamber of Commerce- 1700 GMT. FRIDAY, AUGUST 18 DALLAS, Texas- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer...

  • LUBBOCK, Texas- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer session at the "Dialogue with the Dallas Fed" event hosted by the Lubbock Chamber of Commerce- 1700 GMT. FRIDAY, AUGUST 18 DALLAS, Texas- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer...

  • WASHINGTON, Aug 16- The United States drew a hard line for renegotiating the North American Free Trade Agreement on Wednesday, demanding major concessions aimed at slashing trade deficits with Mexico and Canada and boosting U.S. content for autos. Lighthizer put Mexico and Canada on notice that the United States would use its clout as their biggest export...

  • WASHINGTON, Aug 16- The United States drew a hard line for renegotiating the North American Free Trade Agreement on Wednesday, demanding major concessions aimed at slashing U.S. trade deficits with Mexico and Canada and boosting U.S. content for autos. Lighthizer put Mexico and Canada on notice that the United States would use its clout as their biggest export...

  • United States Trade Representative Robert Lighthizer speaks at a news conference prior to the inaugural round of North American Free Trade Agreement renegotiations in Washington, U.S., August 16, 2017.

    U.S. Trade Representative Robert Lighthizer delivered an uncompromising list of demands on behalf of the White House.