Business

U.S. President Donald Trump on Thursday said he would consider a deal for TikTok where China agrees to approve the sale of the short video app owned by Byte Dance in exchange for relief from U.S. tariffs on Chinese imports.

Canadian apparel companies including Aritzia and Lululemon saw their stock prices slide Thursday as investors reacted to the sweeping new tariffs announced by U.S. President Donald Trump on Wednesday.

Home sales in the Greater Toronto Area fell 23.1 per cent in March while more supply hit the market, helping bring down prices compared with a year ago.

Statistics Canada says the country’s merchandise trade balance fell to a deficit of $1.5 billion in February as exports fell.

There is nowhere to hide in the auto industry from U.S. President Donald Trump’s auto tariffs, according to former Ford CEO Mark Fields.

The notion that Canadian companies can simply switch supply chains in response to American tariffs is a fantasy, experts say.

Unifor Local 444 has told its members at the Stellantis Windsor Assembly Plant the union was notified on Wednesday evening of a two-week shutdown.

Starbucks was facing two new lawsuits over spilled hot drinks Wednesday, just weeks after a court ordered the coffee giant to pay US$50 million to a man who was injured by a cup of tea.

Stock markets in Canada and the United States were up in late-morning trading ahead of U.S. President Donald Trump’s latest announcement of tariffs expected after the markets close.

Tesla sales declined 13 per cent in the first three months of the year, another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers.

Commissioner Gary Bettman said the money took some work, but the negotiation process was otherwise smooth for its newest broadcast rights deal in Canada.

Amazon.com has put in a last-minute bid to buy TikTok, a U.S. administration official said on Wednesday, just days ahead of an April 5 deadline for the short-form video app to find a non-Chinese buyer or face a ban in the country.

Impending U.S. tariffs have pushed Canadian companies to stockpile goods, cut back staff, put projects on hold and whatever else they think will help them survive the economic turmoil ahead.

As U.S. President Donald Trump prepares to unveil his 'liberation day' plan to hit multiple countries with tariffs, it’s still not clear whether a temporary pause on separate economywide duties on Canada will be lifted.

Shares in BlackBerry Ltd. fell nearly 10 per cent in early trading after it reported a net loss of US$7.4 million in its fourth quarter compared with a loss of US$56.2 million a year earlier.