Tariffs to raise prices for U S and Canada consumers
Canada and the United States announced reciprocal tariffs worth 16.6 billion dollars in a broad range of goods, with Canada calling it the strongest post war trade action. Analysts warn price increases will spread through manufactured goods and consumer products across both countries.
MENTIONED IN THIS ARTICLE
United States
Canada
Chrystia Freeland
Dennis Darby
Michael Burt
Conference Board of Canada
Karl Littler
Retail Council of Canada
CRTC urges regulating online platforms for Canadian content funding
The CRTC calls on Ottawa to regulate video and music services like Netflix and Spotify regardless of location and to fund Canadian content creation or promotion. A levy on ISPs could accompany reforms, with traditional firms facing reduced contributions, while consumers see no immediate price changes.
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Ottawa
Netflix
Spotify
Canadian Radio-television and Telecommunications Commission
Trudeau Liberals
University of Ottawa
Michael Geist
Twitter
CRTC
OpenMedia
Ian Scott
Canada GDP Growth Slows in Q1 but Hints At Hikes
Statistics Canada reports 1.3 percent annualized GDP growth in the first quarter, the slowest in almost two years, with a housing pullback and mortgage rule changes weighing on activity. Economists still expect a Bank of Canada rate hike possibly by July as March momentum supports a 2018 growth outlook near two percent.
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Ottawa
Canada
Statistics Canada
Thomson Reuters Eikon
Bank of Canada
Bank of Montreal
Doug Porter
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