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Business

Trudeau plays longer game against ‘ruthless’ US bottom line

TORONTO: Justin Trudeau wants to build a Canadian economy that will thrive a decade or more from now – if that means losing a short-term edge to Donald Trump, so be it.

Corporate News

At odds with Trump over trade, Canadians say they will avoid US goods

OTTAWA: Seventy percent of Canadians say they will start looking for ways to avoid buying U.S.-made goods in a threat to ratchet up a trade dispute between Prime Minister Justin Trudeau and U.S. President Donald Trump, an Ipsos Poll showed on Friday.

Business

Trudeau’s finance chief chooses words carefully in growth chase

OTTAWA: Bill Morneau (pic) has growth – and all its iterations – on the mind.

Business

Huawei may face 5G ban in Canada, security experts say

OTTAWA: Canada will probably ban Huawei Technologies Co from its 5G network, analysts and security experts say, though Prime Minister Justin Trudeau may delay the decision as long as possible to avoid jeopardising three Canadians detained in China.

Business

Canada cleans up its plastic act after dispute with Malaysia, others

OTTAWA: Canada plans to ban some single-use plastics like straws, bags and cutlery by early 2021 to reduce non-recyclable waste and protect the world's oceans, Canadian Prime Minister Justin Trudeau said on Monday

Business

Canada approves new pipelines, greens ready to fight

OTTAWA: Canada has approved Kinder Morgan Inc’s hotly contested plan to build a pipeline from the Alberta oil sands to the Pacific coast, setting up a battle with environmentalists who helped elect Prime Minister Justin Trudeau.

Business

In Trump win, Canada, US deal saves NAFTA as trilateral pact

OTTAWA/WASHINGTON: The United States and Canada forged a last-gasp deal on Sunday to salvage NAFTA as a trilateral pact with Mexico, rescuing a three-country, $1.2 trillion open-trade zone that had been about to collapse after nearly a quarter century.

Business

TransCanada abandons Canada east-west pipeline bid

MONTREAL: TransCanada announced Thursday it was abandoning its bid to build an east-west pipeline that would have moved crude from Alberta’s oil sands to refineries on the Atlantic coast.

Business

Toyota bets US$1.1bil on SUVs in Canada with Trudeau’s help

OTTAWA: Toyota Motor Corp is investing C$1.4bil (US$1.1bil) in its Canadian operations to build traditional and hybrid RAV4 sport utility vehicles, banking on the nation’s manufacturing sector amid a cloud of uncertainty from Nafta talks.

Business

Historic price crash plunges Canadian oil patch into crisis

Heavy Canadian crude on a downward spiral since mid-May