Japanese automakers built decades of trust in Canada; Chinese EV makers now face the challenge of matching that confidence amid innovation and scrutiny.
Aramco urges Asian buyers to plan dual supply routes via the Red Sea and Hormuz, reflecting strategic caution amid regional and market uncertainties.
Oil prices rise 2% amid Hormuz tensions, reflecting both geopolitical uncertainty and market sensitivity, raising questions about the sustainability of the rebound.
Experts advise careful planning and attention to credits and deductions to help taxpayers maximize their 2026 returns.
U.S. inflation remained stable in February, offering temporary relief, though looming geopolitical tensions in Iran may create future economic ripples.
Trump’s aggressive stance on Iran creates rising costs for American consumers and challenges the Federal Reserve’s management of inflation and economic stability.
Canadians lost an estimated $4.2 billion in wages and productivity in 2025, reflecting sectoral disruptions, policy impacts, and global economic pressures, says the Fraser Institute.
Shell has declared force majeure on Qatari LNG cargoes it buys and resells to customers worldwide after Qatar halted production and invoked force majeure due to energy facility disruptions; TotalEnergies is affected but has not formally declared force majeure.
Canada and Ontario will invest $228.8 million in workforce retraining to help up to 27,000 tariff‑impacted workers, and industry leaders like Algoma Steel welcome the support as local manufacturing adapts.
Ontario is investing $7.3 million through the Ontario Together Trade Fund to support eight Windsor‑area companies facing tariff impacts, protecting 692 jobs and creating 65 more.
Ottawa’s gas prices are set to drop about six cents per litre overnight after turbulent increases driven by oil market volatility, offering short‑term relief for drivers.
Canada says it will support the IEA’s largest‑ever emergency oil release to help lower global prices amid Middle East conflict, exploring production and refinery options.
House asking prices are rising across most New Zealand regions, but Wellington stands apart with declining prices, highlighting the uneven rhythms of the country’s housing market.
A prolonged rise in diesel prices could significantly affect truckers and farmers, increasing transportation and agricultural costs and potentially pushing up consumer prices across the economy.
Asia-Pacific markets mostly rose as investors monitored ongoing tensions in the Middle East, balancing geopolitical risks with steady regional economic indicators.
The International Energy Agency has proposed releasing oil from strategic reserves to help ease rising global prices, a measure aimed at stabilizing markets during geopolitical tensions.
The International Energy Agency is preparing a potential record release of strategic oil reserves to stabilize markets as Middle East tensions push global energy prices higher.
The ASX rose, led by gains in the mining sector, while the Australian dollar strengthened as markets weighed expectations of further RBA interest rate moves.
As concerns about fuel disruptions grow, Australia’s emergency oil reserves and international energy agreements remain the country’s last safeguard against a prolonged petrol shortage.
Commonwealth Bank chair Paul O’Malley warned that rapid growth in artificial intelligence could erode Australia’s income-tax-heavy revenue system if policymakers fail to adapt.
A massive Amazon fulfillment warehouse is under construction south of Brisbane, expanding the company’s logistics network as e-commerce demand continues to grow in Australia.
Activewear brand Lululemon was fined A$702,900 in Australia after sending over 370,000 emails with marketing content that lacked a required unsubscribe option.
Iran has launched new regional strikes as global leaders consider releasing emergency oil reserves to stabilize markets disrupted by the expanding U.S.–Israel–Iran conflict.
Commonwealth Bank economists say potential cuts to Australia’s capital gains tax discount could slow housing price growth, with property values projected to be about 4% lower than otherwise expected.