US EditionIMF says U.S. tariffs, if sustained, will hit economies of Mexico, Canada
- Bob Espey stated that U.S. tariffs have a neutral impact on Parkland Inc. Amid unpredictable market conditions.
- Parkland Inc. Announced a quarterly net loss of $29 million in late 2024, compared to net earnings of $86 million during the same period in 2023.
- A special board committee was formed to explore strategic alternatives, including a potential sale of Parkland, in response to calls from its largest shareholder, Simpson Oil Ltd.
- Parkland's shares increased over five percent to $36.74 following the announcement of the earnings report, which revealed a decline in sales and operating revenue.
61 Articles
61 Articles
U.S. tariffs have magnified the need for urgent economic reform. Here's what Canada should do
Understandably, the focus of Canadian political leaders is on the imposition of U.S. tariffs and the devastating effect they will have on the Canadian economy. But Canada must also address the fundamental weaknesses in our economy the tariffs have exposed. The postponement of US tariffs to April 2 should not for a moment be considered a reason to delay or weaken Canadian economic reforms; the continuing arbitrary nature of U.S. action makes the …
The Record
U.S. farm organization urges Trump ‘to negotiate a stand-down’ from his tariffs, says ‘Canada is the No. 1 market for fresh produce exported from the U.S.’
"Our members will confront sweeping retaliatory actions that effectively block our American-grown fresh produce from those markets,” says Western Growers.
UPEI prof says U.S. tariff crisis could have a lesser impact on this province's economy
A University of Prince Edward Island economist says he believes P.E.I.'s economy is somewhat less vulnerable to U.S. tariffs compared to those of other Canadian provinces. George Jia spoke to Louise Martin of CBC News: Compass to explain why.
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