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U.S. copper tariffs threat met with shrugs, skepticism, though risks remain

U.S. copper tariffs threat met with shrugs, skepticism, though risks remain

TORONTO — U.S. threats to impose 50 per cent tariffs on copper imports have been met with shrugs by Canadian mining companies and skepticism by analysts, though long-term risks remain. U.S.
Musk's AI company scrubs inappropriate posts after Grok chatbot makes antisemitic comments

Musk's AI company scrubs inappropriate posts after Grok chatbot makes antisemitic comments

Elon Musk's artificial intelligence company said Wednesday that it's taking down “inappropriate posts" made by its Grok chatbot , which appeared to include antisemitic comments that praised Adolf Hitler.
Defence expected to find operational savings even as its budget balloons

Defence expected to find operational savings even as its budget balloons

OTTAWA — The Department of National Defence will not be spared from Prime Minister Mark Carney's cost-cutting drive — even though overall defence spending is set to balloon in the coming years.
S&P/TSX composite finishes higher, U.S. stocks also rise

S&P/TSX composite finishes higher, U.S. stocks also rise

TORONTO — Strength in the basic materials sector helped Canada's main stock index finish higher, while U.S. stock markets rose. The S&P/TSX composite index was up 68.75 points at 26,972.32.
Chipmaker Nvidia becomes most valuable company in the world at $4 trillion

Chipmaker Nvidia becomes most valuable company in the world at $4 trillion

NEW YORK (AP) — Chipmaker Nvidia became the first public company to top $4 trillion in value Wednesday after a two-year investor frenzy driven by the artificial intelligence boom. Nvidia shares rose 2.
Percentage of Canadians who see the U.S. as a top threat triples: poll

Percentage of Canadians who see the U.S. as a top threat triples: poll

WASHINGTON — As U.S. President Donald Trump pursues his global trade war and talk of annexation, a new poll suggests the percentage of Canadians who view the United States as a top threat has tripled since 2019.
Insolvency filings in May rise from April, but down from last year

Insolvency filings in May rise from April, but down from last year

Insolvency statistics for May show a rise from April but are down from a year ago, when the Bank of Canada had yet to start lowering interest rates. The 12,395 insolvencies in May was up 2.3 per cent from April, while down 2.
Rents easing across most major markets but many tenants not feeling relief: CMHC

Rents easing across most major markets but many tenants not feeling relief: CMHC

Canada's housing agency says advertised rents in some major cities are easing due to factors such as increased supply and slower immigration, but renters are still not feeling relief.
Chinese surveillance equipment company appeals Ottawa’s shutdown order

Chinese surveillance equipment company appeals Ottawa’s shutdown order

OTTAWA — A Chinese maker of surveillance camera systems is appealing a federal government directive ordering it to shutter its Canadian operations due to national security concerns.
Canadians will see wages pick up as immigration slows, Conference Board argues

Canadians will see wages pick up as immigration slows, Conference Board argues

OTTAWA — The Conference Board of Canada expects wage hikes will pick up speed in the coming years as the pace of population growth slows down.
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