Imports and exports up at Port of Halifax last quarter: report
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Toronto Star
12 minutes ago
- Toronto Star
Here's where Canada's effective U.S. tariff rate might stand amid carve outs
OTTAWA - Amid the many layers of tariffs and exemptions from the United States, some economists say the effective tariff rate on Canada is much lower than the headline figures suggest. RBC senior economist Claire Fan says the effective tariff rate is an average of the import duties paid on goods heading to the United States that accounts for exemptions tied to the Canada-U.S.-Mexico Agreement.
Winnipeg Free Press
12 minutes ago
- Winnipeg Free Press
Here's where Canada's effective U.S. tariff rate might stand amid carve outs
OTTAWA – Amid the many layers of tariffs and exemptions from the United States, some economists say the effective tariff rate on Canada is much lower than the headline figures suggest. RBC senior economist Claire Fan says the effective tariff rate is an average of the import duties paid on goods heading to the United States that accounts for exemptions tied to the Canada-U.S.-Mexico Agreement. While U.S. President Donald Trump ramped up blanket tariffs on Canada to 35 per cent at the start of the month, that move maintained an exemption for goods compliant with that trade pact. RBC estimates the effective tariff rate on Canadian goods is closer to six per cent today. Fan warns that the effective tariff rate offers a simple explanation for the total level of U.S. tariffs facing Canada, but it can underestimate the severity of the trade disruption. Monday Mornings The latest local business news and a lookahead to the coming week. She says ongoing tariffs of 50 per cent on steel and aluminum, for example, will have an outsized impact on those sectors going forward. This report by The Canadian Press was first published Aug. 12, 2025.
National Post
12 minutes ago
- National Post
Backed by Canadian Capital, Uno Platform Secures $3.5M CAD in Seed Money
Article content MONTREAL — Montreal-based tech company Uno Platform is proud to announce the completion of a $3.5M CAD seed funding round. This round, led by AQC Capital, rounds up $6.5M CAD of total investment in Uno Platform to date, and includes investment from Desjardins Capital and Oliva Capital – all Canada based. Article content 'Raising this round entirely with Canadian capital is a proud milestone, not just for Uno Platform, but for the Canadian tech ecosystem as a whole,' said François Tanguay, CEO of Uno Platform. 'It shows that world-class innovation is happening right here at home. This investment allows us to keep growing in Canada, reinvest in Canadian talent, and help shape the future of global software development from our own backyard.' Article content Uno Platform is an open-source, enterprise developer productivity platform for building cross-platform .NET applications that run on Mobile, Web, Desktop. Trusted by organizations such as Toyota, Microsoft and the City of Ottawa, Uno Platform is rapidly becoming the go-to solution for enterprise-ready, cross-platform application development. Article content The investment will accelerate the rollout of premium tooling Uno Platform Studio, built on top of the free and open-source platform. Uno Platform Studio includes Hot Design, a patent-pending visual designer, which lets developers pause a running application and visually edit the UI in real time increasing development productivity by up to 10x. Upcoming Generative AI features will further enhance developer workflows while avoiding the pitfalls of throwaway code that present-day AI falls into. Article content 'Uno Platform is a shining example of Canadian innovation with worldwide impact – redefining how software developers build cross-platform .NET apps in record time,' says Frederic Bastien, Chairman of the Board, AQC. 'Their clear product vision made investing an obvious choice' Article content With this momentum, Uno Platform is doubling down on its promise to deliver the most productive developer experience for building cross-platform .NET applications, powered by unified tooling, real-time visual editing and Generative AI assistance. Article content 'The modernization and digital transformation across industries is driving strong demand for innovative software solutions that help developers do more with less,' says Nathalie Bernard, Chief Operating Officer of Desjardins Capital. 'Our support in this seed round reflects confidence in promising companies led by experienced teams that contribute to Quebec's innovation ecosystem and have the potential for international growth.' Article content 'Investing in Uno Platform was a natural choice for Oliva Capital. We've known François through several ventures and have followed Uno Platform since the beginning,' says Julien Trussart, Partner, Oliva Capital. 'We trust the team—their values, their technical depth, and their bold vision. We're proud to support them as they transform how cross-platform .NET apps are built, with a sharp focus on developer productivity and design-first experiences.' Article content French translation of this announcement can be read here, Article content Uno Platform is an open-source, enterprise developer productivity platform for building single-codebase .NET applications that run on Web, Desktop, Mobile and Embedded platforms. Trusted by global organizations including Toyota, Microsoft and the City of Ottawa, Uno Platform helps developers ship enterprise-grade apps faster using familiar tools and languages. With cutting-edge features like real-time visual editing and Generative AI-assisted workflows, Uno Platform delivers the most productive path to building cross-platform applications in .NET. Article content Article content Article content Article content Contacts Article content Media Contact Article content Article content Sasha Krsmanovic – Article content Article content
