Oil Surges Above $115 as Iran Names New Supreme Leader, Canadian Gas Prices Rise
Oil prices briefly surged above $115 as Iran appointed Mojtaba Khamenei as the new supreme leader following the war with Israel and the U.S. The conflict has disrupted global oil shipments and pushed Canadian gas prices sharply higher.
Bank of Canada Holds Benchmark Rate at 2.25%, Warns U.S. Tariffs Risk Long-Term Economic Damage
Bank of Canada Holds Benchmark Rate at 2.25%, Warns U.S. Tariffs Risk Long-Term Economic Damage
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How War In The Middle East Affects The Canadian Economy
From oil prices to airfare and inflation, discover how Middle East conflict creates economic ripple effects across Canada — and what it means for your money.
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GM Cuts 500 Jobs at Oshawa Plant as Production Shifts to U.S.
General Motors Canada is eliminating 500 jobs at its Oshawa Assembly plant after cutting a third shift, a move Unifor says is driven by U.S. tariffs and shifting production to the United States.
Canadian Dollar Slides Toward 73-Cent Level as Middle East Conflict Intensifies
The Canadian dollar slipped toward the 73-cent level against the U.S. dollar as investors turned to safe-haven currencies amid escalating Middle East tensions. Rising oil prices offered some support to the loonie, but a stronger U.S. dollar and widening i
