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Lese-Ansicht

‘Buckle Up’: Trade Woes Hurt Canada’s Railways as Revenue Falls

Trade and political tensions are taking a toll on Canada’s major railways, and investors are pulling back because the outlook is so uncertain.

A Canadian National Railway Co. locomotive and rail cars along the connector route in the Port of Prince Rupert, British Columbia, Canada, on Tuesday, July 15, 2025. According to a Transport Canada report, the Western Canada Rail Corridor remains the primary route for exporting of bulk commodities such as grain, coal and potash to international markets. Photographer: James MacDonald/Bloomberg
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Ardian Helps Canada’s Largest Pensions Exit Buyout Funds

Ardian is increasingly a buyer of private equity assets from Canadian pension plans, as institutional investors turn to the secondary market to free up cash following a prolonged period of low deal activity.

The Caisse de Depot et Placement du Quebec (CDPQ) office in Montreal, Quebec, Canada, on Wednesday, Feb. 25, 2026. The event covers La Caisse's financial results for 2025. Photographer: Graham Hughes/Bloomberg
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US Trade Czar Threatens Canada Over Boycott That’s Hurting Booze Makers

US Trade Representative Jamieson Greer said the US might have to take action against Canada over its rejection of American wine and spirits.

A worker removes bottles of American-made Tito's vodka from a shelf at the Liquor Control Board of Ontario (LCBO) Queen's Quay store in Toronto, Ontario, Canada, on Tuesday, March 4, 2025. The Trump administration may announce a pathway for tariff relief on Mexican and Canadian goods covered by North America's free trade agreement as soon as Wednesday. Photographer: Christopher Katsarov Luna/Bloomberg
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US Trade Czar Threatens Canada Over Boycott That’s Hurting Booze Makers

US Trade Representative Jamieson Greer said the US might have to take action against Canada over its rejection of American wine and spirits.

A worker removes bottles of American-made Tito's vodka from a shelf at the Liquor Control Board of Ontario (LCBO) Queen's Quay store in Toronto, Ontario, Canada, on Tuesday, March 4, 2025. The Trump administration may announce a pathway for tariff relief on Mexican and Canadian goods covered by North America's free trade agreement as soon as Wednesday. Photographer: Christopher Katsarov Luna/Bloomberg
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Canada Unveils Space-Launch Bill Aimed at Cutting Reliance on US

Prime Minister Mark Carney’s government is extending its campaign to assert Canadian sovereignty all the way into space.

Canadian and US flags at the Canada-US border in St-Bernard-de-Lacolle, Quebec, Canada, on Friday, Feb. 28, 2025. President Donald Trump said 25% tariffs on Canada and Mexico are on track to go into place on March 4, and said he would impose an additional 10% tax on Chinese imports, moves that would deepen his fight with the largest US trading partners. Photographer: Andrej Ivanov/Bloomberg
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Air Canada Suspends Summer Flights to JFK Over Rising Fuel Costs

Air Canada will suspend daily flights to John F. Kennedy International Airport in New York City amid soaring jet fuel costs.

Air Canada planes at Toronto Pearson International Airport in Mississauga, Ontario, Canada, on Saturday, Aug. 16, 2025. Air Canada’s 10,500 flight attendants went on strike Saturday, grounding hundreds of flights and disrupting an estimated 130,000 passengers a day during the summer holiday season after pay negotiations fell through.
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Canada Rethinks Global Telecom Networks Amid Rising US Tensions

Ever since Donald Trump returned to power and began to make threats against traditional US allies, officials in Canada’s capital have been figuring out what the country’s vulnerabilities are. Here’s another one: the internet.

Satellite dishes on top of a building in Toronto, Ontario. Photographer: Christopher Katsarov Luna/Bloomberg
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