WASHINGTON, D.C. / RankWire.AI / – Global energy prices are projected to rise 32% in 2026, reversing three years of declines, according to the World Bank Group’s latest Commodity Markets Outlook. The report, released on Wednesday, forecasts overall commodity prices

Meta Platforms said on Monday it plans to raise a total of US$95 billion through stock sales to fund its investments in artificial intelligence infrastructure and superintelligence. The company will first raise $35 billion through underwritten public equity offerings. It

WASHINGTON, D.C. / ConSynSer / – U.S. President Donald Trump has signed an order removing 50% tariffs on a range of Canadian agricultural and forestry products. The White House announced the exemptions on Friday, October 23. They cover plywood sheets,

Direct financing from multilateral development banks has climbed to about US$65 billion in 2026, according to figures released in Bangkok. The amount compares with roughly $35 billion a year before the COVID-19 pandemic. Low and middle-income countries are benefiting from

Transatlantic commercial volumes expanded significantly throughout the past fiscal cycle, highlighting the resilience of international supply chains. Official statistical data released by the European Union confirms that the EU exported 48.8 billion in goods to Canada in 2025, representing a

Costco has lifted the online price of its Kirkland Signature full synthetic motor oil to $57.99 for a 10-quart case. Each case contains two 5-quart bottles in several common viscosity grades. The retailer has also imposed a purchase limit on

Prime Minister Mark Carney outlined a reinforced federal agenda to accelerate domestic manufacturing and secure supply chain independence in response to U.S. trade restrictions. The plan incentivizes domestic capital allocation, supports critical infrastructure, and expands non-U.S. export routes to maintain

Quebec faces the largest provincial economic hit from a fresh round of U.S. tariffs, according to new modelling from Oxford Economics. The firm estimates the measures will reduce Quebec’s annual industrial output by nearly C$2 billion by 2028. Its forecast

Canada will impose tariffs of 15%, 25% and 50% on C$27.6 billion of U.S. imports starting September 8. The measures cover more than 700 tariff items and match U.S. duties rate for rate. Prime Minister Mark Carney set the implementation

WASHINGTON, D.C. / RankWire.AI / – The U.S. dollar held near a three-month low on Thursday as long-term Treasury yields extended their retreat. The dollar index traded around 98.81 against six major currencies. The euro strengthened to about $1.1676, reaching

Official national economic tracking data released on Friday confirms the Canadian economy grew 0.3 per cent in May, extending a broader economic recovery into a second consecutive month and surpassing earlier government forecasts. According to monthly Gross Domestic Product figures

Nova Scotia is investing $250,000 in MB Meat Company, a new beef processing facility in Judique, Inverness County. The province said the site is Cape Breton’s only provincially inspected beef abattoir. The facility provides custom slaughter and cut-and-wrap services for

The Canadian dollar weakened to a 14-month low against the U.S. dollar on Friday, bringing it close to the 70 U.S. cent mark after a sharp week of losses. The loonie traded at 1.4180 per U.S. dollar, or 70.52 U.S.

Canada imposed a 10% tariff on imported canned vegetables on June 19. The measure applies for up to 200 days. It covers canned vegetable imports from most countries but excludes the United States. Mexico, Israel, Chile and developing countries also

Canada unveiled a national electricity strategy on Thursday aimed at doubling the capacity of its power grid by 2050, a buildout the government said would require more than C$1 trillion in investment as rising demand from industry, data centres, electric

QUEBEC: Quebec Finance Minister Eric Girard on March 18 tabled a 2026-27 budget that projects an C$8.6 billion deficit and keeps the province’s pledge to return to a balanced budget by 2029-30, setting out a slower deficit reduction path while