North American markets were whipped lower on Thursday, January 3, 2019, after Apple's warning about weaker holiday sales particularly in China signalled that trade tariffs could take more a bigger bite out of corporate earnings.
Canada's main stock index began the week higher as Alberta production cuts helped to lift oil prices to their largest gain since June, while investors felt relief from a preliminary trade truce between the U.S. and China.
The price of oil hit a four-year high and the Canadian dollar rose to its highest level since May on Monday, October 1, 2018, but the reaction in North American markets to a tentative trade deal to replace NAFTA was pretty subdued.
North America's largest newsprint producer hopes rare bipartisan political support in the United States will convince the U.S. International Trade Commission to overturn final import duties announced on Thursday, August 2, 2018.
President Donald Trump is blackmailing Canada, Mexico and asylum seekers in order to exert maximum pressure to reach a new NAFTA deal that is favourable to the United States and to get funding for his border wall, former Mexican president Vicente Fox said on Wednesday, June 27, 2018.
A Canadian hyperloop company is threatening to relocate its headquarters to Europe unless it secures political support at home for its technology that would transport goods and passengers through tubes at airplane speeds.