Scotiabank says tariff fears causing borrowers to hold back but risks ‘manageable’

TORONTO — The threat of tariffs is leading to a pullback in borrowing as businesses and consumers wait to see what comes, said Scotiabank. Kicking off first-quarter results for Canadian banks, Scotiabank moderately boosted its provisions for bad loans but has held off on a larger allocation because of the lack of clarity of what […]

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Business, Economy, Finance

February 19, 2025

S&P/TSX composite ticks lower, U.S. stocks post small gain

TORONTO — Canada’s main stock index ticked lower on Wednesday,…

Shares of Algonquin Power & Utilities fall as it reports US$186.4M Q4 loss

TORONTO — Algonquin Power & Utilities Corp. reported a loss…

Here’s the latest as the U.S. imposes tariffs on goods from Canada and Mexico

OTTAWA — U.S. President Donald Trump today imposed tariffs on…

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