Global stocks slumped again on Friday, with heightened concerns over the potential fallout from Trump’s tariff agenda blunting confidence
Category: Consumer
Posted inEnergy & Environment
Canada’s canola farmers squeezed by trade wars on two fronts
‘We’ve had our challenges but nothing of this magnitude,’ said a canola farmers association. ‘This is the worst of all scenarios’
Posted inConsumer
Canada’s inflation jumps to 2.6%, trade war clouds outlook
Canada’s inflation surge follows a 1.9 per cent figure in January. TD Economics warned U.S. and Canada tariffs are expected to swell prices
Posted inConsumer
Forever 21 files for bankruptcy, plans U.S. liquidation
Forever 21 files a second Chapter 11 bankruptcy reorganization in six years, following a 2019 filing that shrank the store’s fleet
Posted inConsumer
Starbucks ordered to pay $50mn for hot tea spill
A Starbucks drink not secured properly in a cardboard cupholder tipped over onto a California man, causing burns requiring many skin grafts
Posted inConsumer
‘A matter of justice’: The taxpayer on the hook for a CRA error
Tax court orders a taxpayer to pay tax on an inflated and erroneous income because he failed to challenge the CRA’s administrative error in time
Posted inHealth
Kids under eight shouldn’t drink slushies, researchers warn
Kids under eight who drink slushies with glycerol could experience intoxication, which could cause low blood sugar and loss of consciousness
Posted inConsumer
Canada central bank cuts key rate but flags U.S. trade tensions
Analysts said they expect the central bank will continue to slash rates to 2.25 by June. But others say a trade war could lead to a recession
Posted inPolitics & Policy
Aluminum tariffs will be bad for consumers. But will they affect industry?Â
Aluminum tariffs will be unambiguously bad for Canadian and U.S. consumers. But the picture for the aluminum industry is murkier
Posted inConsumer
From ‘mob wives’ to millennials: Faux fur is now a fashion staple
High-end faux fur is now so realistic that many observers are unable to distinguish it from the real thing, providing a boon for the industry