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Canada Goose predicts a higher annual profit than estimates due to strong demand for luxury goods

© Reuters. FILE PHOTO: Labels are seen on Canada Goose jackets in a store in Manhattan, New York City, U.S., February 7, 2022. REUTERS/Andrew Kelly (Reuters) -Canada Goose Holdings Inc forecast full-year profit above market estimates on Thursday, encouraged by strong demand for its luxury parkas and jackets. Demand for luxury goods has remained strong…

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‘Pushing Canada

Canada Pushing For Electric Vehicles To Comprise 100% Of New Car Sales By 2035

Moritz Denke/Shutterstock Electric vehicles are proving to be quite popular with consumers, with 9% of cars sold globally in 2021 featuring an electrified drivetrain, according to the International Energy Agency. This was up significantly from 2019, when just 2.5% of vehicles sold were EVs (via the New York Times). The uptick of EVs is so positive…

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Canada PM candidate Pierre Poilievre buys lunch with Bitcoin

Tahinis Restaurants owner Aly Hamam shared his ‘secret’ with Canadian politicians during a Standing Committee on Finance’s Pre-Budget Consultations session. Canadian politician and Conservative leadership candidate Pierre Poilievre just bought lunch at Tahinis Restaurants using Bitcoin (BTC). The news follows an earlier tweet from the politician about his plan to buy a shawarma with BTC…

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Bank of Canada declares it is ready to act “forcefully” to achieve the 2% inflation target

Please try another search Economy5 hours ago (Mar 25, 2022 02:55PM ET) © Reuters. FILE PHOTO: A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. REUTERS/Chris Wattie By Julie Gordon and David Ljunggren OTTAWA (Reuters) -The Bank of Canada is prepared to act “forcefully” with rate hikes…

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Canada, U.S. shippers brace for possible CP Rail strike, latest supply-chain disruption

Please try another search Economy1 hour ago (Mar 15, 2022 10:36AM ET) 2/2 © Reuters. FILE PHOTO: A Canadian Pacific Railway crew works on their train at the CP Rail yards in Calgary, Alberta, April 29, 2014. REUTERS/Todd Korol 2/2 By Rod Nickel WINNIPEG, Manitoba (Reuters) -Thousands of workers at Canada’s second-biggest railway, Canadian Pacific…

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Canada, the US, and UK are moving to remove Russian representative from IMF board title

Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business news Digital Be informed with the essentialnews and opinion MyFT – track the topics most important to you FT Weekend – full…

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Canada to raise tariffs on Russian imports, send rocket launchers to Ukraine

Please try another search Economy1 hour ago (Mar 03, 2022 11:49AM ET) © Reuters. FILE PHOTO: Canada’s Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks at a news conference about the situation in Ukraine with Canada’s Prime Minister Justin Trudeau and Canada’s Minister of Foreign Affairs Melanie Joly, in Ottawa, O (Reuters) -…

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Royal Bank of Canada lifts prime rate to 2.7% after central bank hike

Please try another search Economy1 hour ago (Mar 02, 2022 03:01PM ET) © Reuters. A sign for the Royal Bank of Canada in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio By Nichola Saminather TORONTO (Reuters) -Royal Bank of Canada, Toronto-Dominion Bank and Bank of Montreal said on Wednesday they will raise their prime lending…

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Canada shuts ports to Russian ships in widening sanctions over Ukraine invasion

Please try another search Economy1 hour ago (Mar 01, 2022 06:21PM ET) © Reuters. FILE PHOTO: Cargo ships with their shipping containers are seen in the Port of Montreal in Montreal, Quebec, Canada, May 6, 2021. REUTERS/Christinne Muschi/File Photo By Alexander Schummer TORONTO (Reuters) -Canada ratcheted up pressure on Russia for its invasion of Ukraine…

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Canada Europe

Europe, Canada Close Airspace to Russian Planes

Europe and Canada on Sunday closed their airspace to Russian planes, another move intended to pressure Putin to halt his Ukraine invasion.  EU Foreign Policy Chief Joseph Borrell said the collective of European countries would close its airspace to Russian traffic, which was quickly followed by an announcement from Russian airline Aeroflot that it would…