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Tariff Costs Put New Pressure on U.S. Corporate Profits

Rising tariff expenses are beginning to weigh heavily on U.S. companies, prompting executives across multiple industries to warn that profit margins may tighten in the months ahead. Many firms had initially suggested they could manage the added costs through efficiency improvements or selective price increases, but that confidence is fading as import-related expenses continue to climb. Companies that rely on global supply chains are feeling the strain most acutely. Higher costs on imported materials and components are forcing difficult decisions: pass the increases on to consumers, risking weaker demand, or absorb the costs internally, which directly erodes profitability. For many businesses, neither option is attractive. Consumer-facing brands are finding it especially challenging to raise prices further, as shoppers show growing sensitivity to even modest increases. This resistance limits the ability of firms to offset tariff-driven expenses, creating a squeeze that is beginning t...
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Bracing for the Big Chill: Ontario Faces Extreme Cold Warnings

 

As Ontario grapples with a severe cold snap, extreme cold warnings have been issued across the province, with wind chill values plummeting to around -40°C in many areas. The frigid temperatures are expected to persist until Wednesday, posing significant risks to residents.

Environment Canada has highlighted the dangers of such extreme cold, warning that frostbite can develop within minutes on exposed skin. The agency advises people to limit their time outdoors, dress in layers, and cover all exposed skin. Vulnerable populations, including the elderly and homeless, are particularly at risk, and warming centres have been opened in various communities to provide relief.

The cold snap has also led to school bus cancellations and increased demand for community services. Residents are urged to check on neighbors, friends, and pets to ensure everyone stays safe during this dangerously cold period.



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