Canada is responding to U.S. tariffs with its own 25% levy on American goods. These counter tariffs, as Bloomberg News reported, are due to go into effect at 12:01 a.m. eastern time Thursday (March 13) and cover $20.8 billion in imports such as steel and aluminum...
While banks in the United States face obstacles to doing business in Canada, they are reportedly not clamoring for changes. Bank executives do not often bring up the issue, The New York Times reported Thursday (March 6) in an article fact-checking President Donald Trump’s social...
Cars from Canada and Mexico imported into the United States through the U.S.-Mexico-Canada Agreement (USMCA) will be exempted for one month from the tariffs imposed on the countries Tuesday (March 4). The move by the White House followed a request from three automakers — Ford...
Canada reportedly won’t lift its retaliatory tariffs on the U.S. if the U.S. leaves its levies in place. That’s according to a senior government official, who told Bloomberg News on Wednesday (March 5) that Prime Minister Justin Trudeau is opposed to the “middle ground” settlement...
December 20, 2022
Checks remain a key B2B payment method in Canada, but commercial cards are changing that. A driving force behind this is the partnership of New York-based Boost Payment Solutions and Toronto-based payment processor Moneris, as the latter is bringing more of Boost’s commercial card and straight-through processing (STP) capabilities to Canadian businesses. In a recent […]
June 25, 2021
“Consumers want flexibility in terms of how they want to pay,” Visa Canada Vice President and Head of Product and Digital Brian Weiner told Karen Webster. “They don’t want to...
March 04, 2021
Payment facilitators (PayFacs) could do with some northern exposure. In an interview with PYMNTS, Marcus Dagenais, president, Canada, at payment processor Payroc, said that expanding into Canadian markets can boost...
June 17, 2020
The challenger bank space is having a bit of a moment. LendingClub is buying Radius Bank. Green Dot is using the bank it already owns to build a bank for...
March 14, 2025
Produce suppliers and grocery stores have reportedly been busy adapting to the on-again, off-again tariffs imposed on Mexico and Canada. The changing policies have created challenges for companies that deal with fruits and vegetables, which are perishable and have thin profit margins, The Wall Street Journal (WSJ) reported Friday (March 14). About $20 billion worth […]
March 12, 2025
Canada is responding to U.S. tariffs with its own 25% levy on American goods. These counter tariffs, as Bloomberg News reported, are due to go into effect at 12:01 a.m. eastern...
March 06, 2025
While banks in the United States face obstacles to doing business in Canada, they are reportedly not clamoring for changes. Bank executives do not often bring up the issue, The...
March 05, 2025
Cars from Canada and Mexico imported into the United States through the U.S.-Mexico-Canada Agreement (USMCA) will be exempted for one month from the tariffs imposed on the countries Tuesday (March...
