Canada
‘Cargojet is expensive’: Short seller bets against Canada’s largest cargo airline
A London-based hedge fund is betting against Cargojet , Canada’s largest cargo airline, citing concerns about the company’s aging fleet, accounting practices, and leadership style. Edgar Allen, founder and chief investment officer of High Ground Investment Management, revealed his firm’s bearish stance on Cargojet during the Sohn investment conference on Nov. 20. The Ontario-based air […]
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Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada
A carrier trailer transports Toyota cars for delivery while queuing at the border customs control to cross into the U.S., at the Otay border crossing in Tijuana, Mexico May 31, 2019. Jorge Duenes | REUTERS DETROIT – Shares of automakers General Motors and Stellantis fell Tuesday morning after President-elect Donald Trump threatened to put 25% […]
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Europe markets open lower as global rally stutters; investors digest Trump tariff implications
European stocks opened lower Tuesday as investors assess the global implications of U.S. President-elect Donald Trump’s plans to hike tariffs on China, Mexico and Canada. The regional Stoxx 600 was down 0.61% at 8:10 a.m. London time as all sectors bar telecoms retreated. Autos led losses, down 2.1%. The index had ended in the green for a […]
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What makes a good leader? Being able to listen, say young people
Izusek | E+ | Getty Images Bringing people together, showing determination and being a good listener are some of the qualities younger generations look for in leaders. That’s according to Generation Z and millennial participants at the One Young World summit in Montreal, Canada. “It’s essential that, when leaders are at the forefront, they are […]
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Canada’s Labor Minister ends coast-to-coast port labor turmoil, forcing unions back to work
A Canadian Pacific Railway Co. locomotive pulls a train at the Port of Vancouver in Vancouver, British Columbia, Canada, on Thursday, Aug. 22, 2024. Bloomberg | Bloomberg | Getty Images Canadian Labor Minister Steven MacKinnon has invoked federal powers to end work stoppages at the ports of Vancouver, Prince Rupert and Montreal, ordering binding and final arbitration […]
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American interest in moving abroad skyrockets after Trump’s win — here’s how many would actually leave
Americans disappointed with the outcome of the U.S. election took their anguish online, with searches related to moving abroad surging following the results of the presidential race. Google Trends showed that searches related to “leaving the country” and “how to move to …” spiked following the news that Donald Trump would be returning to the […]
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Labor strikes shut down operations at Canada’s container ports from East to West Coast, with U.S. trade left in limbo
Key ports on Canada’s West Coast, including its largest container port in Vancouver and the Port of Prince Rupert, were shut down by a labor strike on Monday. The International Longshore and Warehouse Union Ship & Dock Foreman Local 514 began striking on Monday morning, stopping containers and cargo immediately. According to the Greater Vancouver Board […]
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Renting a car abroad? These are the countries that intimidate drivers the most
Driving in a foreign country can be pleasant or harrowing — ranging from a bucolic slow-roll through the countryside to a heart-pumping slog through a maze of city streets. But some countries make motorists more nervous than others. A survey published in October shows drivers are most concerned about getting behind the wheel in […]
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‘Made in Mexico’ trade controversy is provoking another kind of border war
Mexico’s robust, and booming, trade with the United States has logistics companies clamoring for a slice of the pie and politicians taking a cautious look at how overseas firms may be using recent North American trade law to circumvent U.S. tariffs. Integrated logistics companies like Maersk are building out their capacity to handle the historic […]
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China says it filed an appeal to WTO over Canada’s tariffs on EVs and metals
Aerial view of new energy vehicles at Huaian BYD Industrial Co., Ltd. on August 26, 2024 in Huaian, Jiangsu Province of China. Zhao Qirui | VCG | Visual China Group | Getty Images China on Wednesday announced that it has filed an appeal with the World Trade Organization, asking the organization to rule on the […]
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