National Business

Just over a week before new U.S. tariffs are expected to come into force, the head of Canada’s auto parts manufacturing industry says he’s not optimistic any meaningful reprieve is in the works.

CHARLOTTETOWN — Prince Edward Island's premier says both the federal Liberals and the Conservatives have promised to remove the tolls on the Confederation Bridge, which links the province with mainland Canada.

WASHINGTON (AP) — President Donald Trump said Monday he would be placing a 25% tariff on all imports from any country that buys oil or gas from Venezuela as well as imposing new tariffs on the South American country itself.

Canada's telecommunications companies don't expect to be hit hard by the ongoing trade war with the U.S. but face other economic challenges that could limit their ability to attract new customers in the near future.

WASHINGTON (AP) — President Donald Trump said Monday he would be placing a 25% tariff on all imports from any country that buys oil or gas from Venezuela as well as imposing new tariffs on the South American country itself.

TORONTO — Stock markets in Canada and the U.S. surged higher in late-morning trading after reports that a new round of U.S. tariffs scheduled to be implemented on April 2 might be narrower than first expected.

23andMe has filed for Chapter 11 bankruptcy protection and its co-founder and CEO has resigned as the struggling genetic testing company continues its push to cut costs.

Stocks rose in morning trading Monday as Wall Street tries to navigate through uncertainty amid a trade war. The S&P 500 jumped 1.1%. It is coming off its first winning week after a four-week losing streak.

MONTREAL — Lightspeed Commerce Inc. is cutting its revenue outlook as it sees worsening economic conditions. The company says it now expects year-over-year revenue growth of about 18 per cent for its 2025 financial year, which ends on March 31.

Canadians are increasingly opting to watch TV through paid streaming platforms such as Netflix or Disney Plus despite the prices of those services continuing to rise.