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Tariff threats putting chill on business activity but not yet on earnings: banks

Tariff threats putting chill on business activity but not yet on earnings: banks

TORONTO — The threat and uncertainty around tariffs is creating a chill on borrowing and business activity, said Scotiabank and BMO as they kicked off first quarter bank earnings Tuesday.
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Keystone XL redux? Trump says he wants defunct oil pipeline back from the dead

Keystone XL redux? Trump says he wants defunct oil pipeline back from the dead

CALGARY — U.S. President Donald Trump says he'd like to see the Keystone XL pipeline brought back from the dead, garnering an enthusiastic reception from Alberta's premier but a tepid one from the company spun off from its erstwhile proponent.
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Ottawa appoints Inuk leader for external review of embattled Nutrition North program

Ottawa appoints Inuk leader for external review of embattled Nutrition North program

OTTAWA — The federal government has appointed Inuk leader Aluki Kotierk to head an external review of a northern food subsidy program.
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Scotiabank says tariff fears causing borrowers to hold back but risks 'manageable'

Scotiabank says tariff fears causing borrowers to hold back but risks 'manageable'

TORONTO — The threat of tariffs is leading to a pullback in borrowing as businesses and consumers wait to see what comes, said Scotiabank.
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Spin Master CEO sees 'volatility' in consumer spending amid tariff drama

Spin Master CEO sees 'volatility' in consumer spending amid tariff drama

TORONTO — Spin Master Corp.'s CEO says he has an eye on "numerous points of volatility" the toy maker could face this year.
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Newfoundland and Labrador Premier Andrew Furey says he is leaving politics

Newfoundland and Labrador Premier Andrew Furey says he is leaving politics

ST. JOHN'S, N.L. — Newfoundland and Labrador Premier Andrew Furey says he will be stepping down after nearly five years in power, making him the second Atlantic premier in less than a week to resign citing the rigours of the job.
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Nova Scotia tables bill aimed at eliminating interprovincial trade barriers

Nova Scotia tables bill aimed at eliminating interprovincial trade barriers

HALIFAX — Nova Scotia Premier Tim Houston has tabled a bill aimed at reducing interprovincial trade barriers, and he is looking for other provinces and territories to do the same.
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Canadian consumer confidence hits lowest level since 2023 on U.S. tariff fears

Canadian consumer confidence hits lowest level since 2023 on U.S. tariff fears

OTTAWA — A new report says fears of a trade dispute with the United States have pushed consumer confidence in Canada to its lowest level in over a year.
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Public safety minister heads to Washington to discuss efforts to fight fentanyl

Public safety minister heads to Washington to discuss efforts to fight fentanyl

OTTAWA — Public Safety Minister David McGuinty is headed to Washington to discuss the latest efforts by Canada and the United States to fight deadly fentanyl.
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Joly seeks more intelligence sharing with Europeans as Washington drifts from Ukraine

Joly seeks more intelligence sharing with Europeans as Washington drifts from Ukraine

OTTAWA — Foreign Affairs Minister Mélanie Joly says Ottawa seeks to deepen its intelligence sharing with European partners, as Washington diverges on issues like Ukraine.
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