US to offer 40 million barrels of oil from reserve
The release is intended to curb rising fuel prices driven by conflicts in Iran and Ukraine.
Markets, trade, work and prices, and which outlets reported which numbers.
381 stories · page 1 of 19

A 50 per cent tariff on $28 billion of Canadian goods is set to take effect unless a trade agreement is reached.
Divergence, source breadth, recency and a broader regional mix.
The union represents 4,600 workers at Ontario plants as negotiations begin next week
A 50 per cent tariff on $28 billion of Canadian goods is set to take effect unless a trade agreement is reached.
Sensex and Nifty benchmarks saw early gains, influenced by IT sector performance and elevated oil prices.
Imports and exports both increased, with the deficit coming in below projections.
The average home price also saw a year-over-year decrease as new listings dropped.
The release is intended to curb rising fuel prices driven by conflicts in Iran and Ukraine.
The AI company is contesting a demand for records related to the 2026 mass shooting.
Survivors of Mohamed Siad Barre's regime call for US investigation into his children living in America.
New tariffs imposed by the US are causing order cancellations and business uncertainty for Canadian sellers.
An investment strategist warns of lasting impacts from escalating tariffs.
Democratic control of Congress leads to gains in banking and clean energy sectors.

The federal government has designated the Roberts Bank Terminal 2 expansion in Delta, B.C., as a 'project of national interest'. This move is intended to accelerate trade capacity expansion and diversify Canada's trade routes, with commercial operations expected to begin sooner.

Wisconsin officials have revoked alcohol permits for Minocqua Brewing Co.'s Madison and Minocqua locations, citing alleged tax and licensing violations. The owner anticipates closing the Madison taproom by year's end, with an appeal hearing scheduled for November.

Canada is working to reduce interprovincial trade barriers, a move that has gained urgency following the collapse of talks with the United States. While progress has been made, experts warn that these internal trade obstacles are not easily overcome.

Gasoline prices are set to decrease in Slovenia and Croatia starting October 27, 2026, while diesel prices will rise. In Poland, new maximum fuel prices have been announced. Meanwhile, fuel price trends in Russia are reported to be stabilizing.
Prime Minister Mark Carney stated that US negotiators approached recent trade talks with an attitude that would have resulted in Canadian industries, particularly the automotive sector, becoming subsidiaries or ceasing operations. He made these remarks in reference to discussions held last month.

Canadian wool producers and hobbyists are experiencing increased expenses and red tape due to U.S. tariffs. Some businesses are now seeking customers outside the United States, with one shop owner expressing frustration.

US stock indexes, including the S&P 500 and Nasdaq, opened higher on Tuesday. Easing oil prices and anticipation of the Federal Reserve's interest rate decision influenced market sentiment, alongside a focus on corporate earnings, particularly those related to artificial intelligence.

U.S. President Donald Trump announced a threat of 50 percent tariffs on a range of Canadian products effective 19 August. Experts say the measures would disproportionately affect British Columbia’s exports and could be used to exploit provincial grievances, deepening divisions within Canada.

A report commissioned by unions and industry leaders recommends building ferries in British Columbia to mitigate economic impacts from US tariffs. It suggests domestic shipbuilding over foreign contracts, citing potential economic benefits for the province.

A complaint filed with Canada's Competition Bureau alleges that four Israeli real estate companies and a Canadian marketing firm misled Canadians about properties in the West Bank. The complaint claims these firms marketed illegal properties under false pretences, leading consumers to believe they were in Israel.

Bill C-39, a 243-page piece of legislation central to the Carney government's economic agenda, has passed its first vote in the House of Commons. Conservatives joined the majority Liberals in supporting the bill's move to a special committee for further study.

The U.S. Department of Commerce has set total import taxes on Canadian softwood lumber at almost 35 percent. The BC Lumber Trade Council said this figure is a reduction from the 45 percent rate announced last August, but still represents a significant burden.

The US plans to impose 50% tariffs on Canadian goods including cement and hockey sticks on 19 August, citing provincial alcohol bans and dairy supply management. Canada’s trade minister met US officials as negotiations continue, with some provinces reversing alcohol restrictions but others holding out.

Canadian food and household goods companies are experiencing a significant increase in demand as consumers choose to "shop local" during an ongoing trade dispute. Retailers are finding it difficult to keep up with this surge.

President Donald Trump said a trade deal with Canada was "moving along" as a deadline for imposing tariffs on $28 billion of Canadian goods approached. Negotiators from both countries met in Washington on the day of the deadline.
The Parliamentary Budget Office lowered its 2026‑27 growth projections after fresh U.S. tariffs and Canadian counter‑measures, now expecting 0.9% real GDP growth in 2026 and 1.5% in 2027. It also raised the 2026‑27 deficit estimate to $63.3 billion and foresees the Bank of Canada raising rates to 2.75% by mid‑2027.

Ricardo Reis, a professor at the London School of Economics, was a leading candidate for the IMF's chief economist position. He was withdrawn from consideration after making critical remarks about Donald Trump's tariff policies. Silvana Tenreyro was appointed to the role in July.

Economists expect Canada’s annual inflation rate rose to 2.9 percent in July 2026 after a June dip to 2.8 percent, driven by higher gas prices from renewed Middle East tensions. The data will inform the Bank of Canada’s next rate decision on 2 September.

Federal officials have identified $1.22 billion in suspected fraud linked to five COVID-era health contracts. Payments continued after the national emergency ended in 2023, prompting an investigation and referral to law enforcement.

Oracle has cancelled a five-year contract to lease advanced AI chips to Tencent, valued at approximately $7 billion. The decision followed concerns raised by US officials regarding the deal.