Senior Reporter @CBCNews • Breaking down business, economics and money • Canadian • DM for story tips
Joined September 2008
- Tweets 8,123
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349 Photos and videos
Nisha Patel retweeted
Apr 8
A real ceasefire that even partially reopened the Strait of Hormuz—even under suboptimal conditions and effective Iranian control—would be a godsend to supply-parched markets on the edge of breaking and would spare considerable economic and human misery.
A fake ceasefire announcement meant to placate markets actually worsens the long-term consequences of this crisis by delaying more durable adjustments to ongoing shortages.
The Strait of Hormuz remains closed.
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Jan 16
Canada has reached a tariff deal with China
- Canada lowers tariffs on Chinese EVs from 100% to 6.1%, applies to the first 49,000 vehicles imported each year
- China will cut tariffs on Canadian canola seed, lobsters, peas
Jan 16
The Canada-China relationship has created prosperity and opportunities on both sides of the Pacific.
Today, we’re forging a new strategic partnership. It builds on the best of our past and reflects the world as it is today — to the benefit of both of our peoples: pm.gc.ca/en/news/news-releas…
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10 Oct 2025
Canada adds 60K jobs in September, much more than 5K expected. All full-time jobs, unemployment rate unchanged at 7.1%
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Nisha Patel retweeted
14 Jun 2025
WestJet is aware of a cybersecurity incident involving internal systems and the WestJet app, which has restricted access for several users. We have activated specialized internal teams in cooperation with law enforcement and Transport Canada to investigate the matter and limit impacts.
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General Motors plans to invest $4 billion in its US manufacturing plants over the next two years to boost output of electric and gas-powered vehicles bloomberg.com/news/articles/…
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10 Jun 2025
Canadian travel to the US has plummeted: Statscan says air travel down 24% in May y/y, road trips down 38%
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Nisha Patel retweeted
9 Jun 2025
We are suing DoorDash for allegedly advertising their online delivery services at a lower price than what consumers actually have to pay.
Read more: canada.ca/en/competition-bur…
ALT A delivery person placing a package inside a red delivery bag while a barista looks out of a service window. Text in image reads: We’re suing DoorDash.
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4 Jun 2025
Bank of Canada holds key interest rate at 2.75%, points to "uncertainty about US tariffs still high, the Canadian economy softer but not sharply weaker, and some unexpected firmness in recent inflation data"
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1 May 2025
RT @FlavioVolpe1: BREAKING:
This is guidance from @USCustomsandBo1 that says 0% tariffs on USMCA-compliant auto parts, 25% on all others…
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Nisha Patel retweeted
30 Apr 2025
Maybe the craziest, dumbest, wildest month of market coverage I've ever covered. Very stupid, very fun, sorry to everyone who sold. S&P closes down less than 1% for April
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10 Apr 2025
Canadian travel to the US is tumbling: Down by 13.5% for air travel, 32% for land travel in March y/y
cbc.ca/news/business/canada-…
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Nisha Patel retweeted
10 Apr 2025
Netflix’s first original Canadian series is everything ‘Black Mirror,’ which also premieres today, isn’t: hopeful, warm, and full of great performances from unfamiliar faces. vulture.com/article/north-of…
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Nisha Patel retweeted
9 Apr 2025
This is from the White House, about tariffs related to Canada:
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Nisha Patel retweeted
9 Apr 2025
Breaking news: China has announced an additional retaliatory tariff of 50% on US imports. The measure will take total duties on US imports introduced during the current Trump administration to 104% on.ft.com/4i9jw8m
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Nisha Patel retweeted
9 Apr 2025
Wow crude just in complete free fall
Brent on the edge of the $50s
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Nisha Patel retweeted
2 Apr 2025
*CANADA, MEXICO NOT SUBJECT TO RECIPROCAL TARIFFS FOR NOW
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Nisha Patel retweeted
27 Mar 2025
President Trump made good on his promise to impose tariffs on foreign automakers, imposing 25% duties on all cars and light trucks not made in the US, as well as "certain auto parts."
The move sent $GM, $F, and other automakers sharply lower on Thursday. finance.yahoo.com/news/gm-fo…
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Nisha Patel retweeted
20 Mar 2025
My government is eliminating the GST on all homes up to $1 million for first-time home buyers.
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Nisha Patel retweeted
7 Mar 2025
Tuesday's 25% tariffs are still in place on about half of all US imports from Canada and Mexico, from medical gear and fridges to coffee; and in many cases companies can't do anything to change this. Without further action the economic pain will grow.
cato.org/blog/trumps-tariff-…
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8 Mar 2025
Hudson’s Bay, Canada's oldest retailer, has been granted creditor protection to restructure its business. The company is having trouble paying its landlords, service providers, and vendors and plans an "orderly liquidation of selected retail stores"
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