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20.07.26 - 23:31
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Trump slaps additional 50 percent tariffs on Canada (The Hill)
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President Trump slapped an additional 50 percent tariff on certain Canadian goods in response to what the administration said were “discriminatory” trade measures from Canada on Monday. A senior administration official told reporters on a Monday press call that the impacted products range from “wine to hockey sticks to cement." The tariffs fall under Section......
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20.07.26 - 14:00
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Chinese immigrants emerge as pivotal players in Canada′s property market amid foreign ban (SCMP)
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Mainland Chinese immigrants were estimated to have bought as much as C$5.7 billion (US$4 billion) worth of homes in Canada last year, making them a key group of non-local investors propping up the residential property market, according to one estimate.
Ottawa barred most foreigners from purchasing homes in 2023 to cool soaring prices, initially imposing the restriction for two years before extending it until 2027.
The ban, however, exempted students, foreign workers and permanent residents.
“A......
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20.07.26 - 10:48
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Canadian Dollar Climbs Against Most Majors (AFX)
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OTTAWA (dpa-AFX) - The Canadian dollar strengthened against most major currencies in the European session on Monday. The Canadian dollar rose to more than a 1-month high of 1.4003 against the U.S.......
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