News

Canadian and U.S. stocks closed higher Friday, capping off a tumultuous week that saw nausea-inducing drops and intense spikes driven largely by tariff headlines out of the United States.

MONTREAL — Philippe Bachand was in his mid-20s when he helped open his family’s duty-free store an hour south of Montreal.

The agreement, reached with the United States notably absent, is expected to be formally adopted in October to take effect in 2027.

TORONTO — A new document circulated to lawyers involved in Hudson’s Bay’s creditor protection case is raising suspicion that a company insider may be exploring a bid for the retailer’s assets or leases.

A partially constructed five-storey mixed-use project at 4451 Hastings St. has gone bust and is now on the market.

Canadian visits to the United States plummeted last month amid anger over tariffs and annexation threats from its president, on top of growing fears about treatment at the border. In March, the number of Canadians returning home by car from the U.S.

Industry leaders push for permanent GST cuts, dedicated tourism minister, increased immigration to support Canada’s tourism and hospitality sectors