Latest Finance-Economy News
Canada's 100 Highest-Paid CEOs Averaged $16.2M in 2024
Business Matters reports the top 100 CEOs in Canada earned an average of 16.2 million dollars in 2024, highlighting executive compensation trends amid economic pressures. This figure underscores widening income gaps in corporate leadership as companies navigate post-pandemic recovery.
Canadians Face Rising Cost Uncertainty into 2026
Households across Canada are grappling with increasing cost uncertainties heading into the new year, driven by inflation and policy shifts. Experts warn this could dampen consumer spending and slow economic growth.
Trump's Tariffs Force Canadian Lumber Industry to Metric Switch
New U.S. tariffs under Trump are compelling Canada's lumber sector to adopt the metric system for compliance and trade efficiency. Industry leaders say this shift adds operational costs but is essential for market access.
Pre-Market Earnings Reports Due January 6: ANGO Leads
AngioDynamics (ANGO) is among companies scheduled to report earnings before market open on January 6, 2026, per Nasdaq's calendar. Investors anticipate insights into healthcare sector performance amid economic volatility.
Volodymyr Zelenskyy Appoints Chrystia Freeland as Economic Advisor
Ukrainian President Zelenskyy has named former Canadian Deputy PM Chrystia Freeland as economic advisor, signaling bolstering of financial strategy. This move aims to attract international investment during ongoing conflicts.
Nicolas Maduro's Arrival in NYC Court After U.S. Indictment
Venezuela's Nicolas Maduro appears in New York court following capture and U.S. indictment, with potential economic ripple effects on oil markets. His son's message claims the country remains stable under interim leadership.
European Leaders Rebuke Trump's Renewed Greenland Interest
EU leaders unite against Trump's expressed interest in acquiring Greenland, citing sovereignty and potential trade disruptions. Economists note risks to Arctic resource investments.
Canada Bolsters Arctic Security Amid New 'Cold War' Fears
Canada plans enhanced Arctic defenses to protect sovereignty and economic interests in resource-rich regions. This responds to geopolitical tensions resembling a new Cold War.
Trump Warns Iran of Severe Retaliation Over Protesters
President Trump cautions Iran against harming protesters, threatening hard hits that could spike global oil prices. Markets watch for escalation impacting energy costs.
Prince Harry and Meghan Reveal Archewell Foundation Details
The couple discloses operational shocks at their Archewell charity, raising questions on nonprofit financial management. Donors and regulators scrutinize governance amid economic scrutiny on philanthropy.