Economic ripple effects of escalating Red Sea conflict will be felt: business analysts
Videos
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Economic ripple effects of escalating Red Sea conflict will be felt: business analysts
01:55 | January 12, 2024
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Health Matters: Certain Summerhill Market brand raspberries recalled
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California farmers struggle to sell grapes as demand for wine plummets
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Opiod use increasing in people aged 55+, study
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Health Matters: Health Canada recalls certain Schwarzkopf mousse products
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How Canadians feel about EU’s associate membership proposal
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Record-high diesel prices spark fears of higher grocery costs
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Pain in the gas: Oil surges above $100/barrel again as Iran war reignites
02:01 | September 9, 2026
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Dairy, liquor, motorcycles among Canadian goods facing U.S. ban
02:07 | September 9, 2026
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Oil climbs above $100 per barrel as attacks by Iran, U.S. further threaten supply
02:23 | September 9, 2026
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Business Matters: Report suggests U.S. exit from CUSMA would be severe but not ‘cataclysmic’
02:39 | September 3, 2026
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Bank of Canada holds key rate steady, as risks to inflation and economic growth increase
01:48 | September 2, 2026
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Canada’s Champagne extends federal fuel excise tax pause to January 2027
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How will the trade war affect Canadian consumers, companies?
01:55 | August 24, 2026
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Former U.S. trade official says trade war could get ‘a lot worse before it gets better’
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02:22 | August 24, 2026
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Economic ripple effects of escalating Red Sea conflict will be felt: business analysts
01:55 | January 12, 2024
-
Thanksgiving turkey dinner will cost more this year than 2025, report shows
01:47 | October 6, 2026
-
Business Matters: GTA home sales slide in September as prospective buyers and sellers pull back
02:17 | October 6, 2026
-
Cost of Thanksgiving dinner is on the rise
01:13 | October 6, 2026
-
Digital media use a growing public health issue, study review says
01:51 | October 5, 2026
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Business Matters: Cenovus Energy buying Athabasca Oil in $5.7B deal
02:25 | October 5, 2026
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Health Matters: Certain Summerhill Market brand raspberries recalled
02:02 | October 1, 2026
-
Health Matters: Canadian health ministers warn about potential fiscal cliff
02:07 | September 29, 2026
-
Business Matters: New U.S. ban on some Canadian products coming Tuesday
02:19 | September 28, 2026
-
California farmers struggle to sell grapes as demand for wine plummets
01:46 | September 23, 2026
-
Opiod use increasing in people aged 55+, study
01:56 | September 23, 2026
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Health Matters: Health Canada recalls certain Schwarzkopf mousse products
02:12 | September 22, 2026
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Business Matters: Canada, France deepen economic and defence ties
02:27 | September 21, 2026
-
How Canadians feel about EU’s associate membership proposal
01:54 | September 17, 2026
-
The benefits and challenges of closer Canada-EU ties
02:13 | September 17, 2026
-
Business Matters: Select Canadian goods hit by new U.S. tariffs
02:16 | September 15, 2026
-
Record-high diesel prices spark fears of higher grocery costs
01:47 | September 14, 2026
-
Business Matters: Canada’s inflation holds at 3% in August
02:28 | September 14, 2026
-
Pain in the gas: Oil surges above $100/barrel again as Iran war reignites
02:01 | September 9, 2026
-
Dairy, liquor, motorcycles among Canadian goods facing U.S. ban
02:07 | September 9, 2026
-
Oil climbs above $100 per barrel as attacks by Iran, U.S. further threaten supply
02:23 | September 9, 2026
-
Business Matters: Report suggests U.S. exit from CUSMA would be severe but not ‘cataclysmic’
02:39 | September 3, 2026
-
Bank of Canada holds key rate steady, as risks to inflation and economic growth increase
01:48 | September 2, 2026
-
Canada’s Champagne extends federal fuel excise tax pause to January 2027
04:44 | September 2, 2026
-
What Trump’s Venezuela oil deal means for Canada’s energy sector
01:51 | August 31, 2026
-
Back-to-School Tech Picks That Parents Will Love
05:35 | August 31, 2026
-
Canada’s GDP rises 3.3% in 2nd quarter, but US trade war could halt that momentum
01:37 | August 28, 2026
-
Business Matters: Loblaw is bringing back food labels to signify impact of tariffs
02:26 | August 26, 2026
-
E-scooter hospitalizations up nearly 40 per cent: CIHI report
01:50 | August 25, 2026
-
How will the trade war affect Canadian consumers, companies?
01:55 | August 24, 2026
-
Former U.S. trade official says trade war could get ‘a lot worse before it gets better’
04:19 | August 24, 2026
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Trump threatens new auto tariffs after Carney vows to retaliate
02:22 | August 24, 2026
Economic ripple effects of escalating Red Sea conflict will be felt: business analysts
Description
January 12, 2024
The price of oil jumped on news that U.S. and British warplanes launched strikes against Houthi targets in Yemen, marking a significant escalation of conflict and tension that has been building in the area. Shipping costs continue to soar as commercial vessels are diverted away from the area, adding to production delays as well as fuel and labour costs. And the list of disrupted companies continues to grow, including Ikea, BP, Tesla, Volvo, Abercrombie and Crocs. Anne Gaviola has more on the current — and expected — impact on supply chains and inflation across North America.
-
Economic ripple effects of escalating Red Sea conflict will be felt: business analysts01:55 | January 12, 2024 -
Thanksgiving turkey dinner will cost more this year than 2025, report shows01:47 | October 6, 2026 -
Business Matters: GTA home sales slide in September as prospective buyers and sellers pull back02:17 | October 6, 2026 -
Cost of Thanksgiving dinner is on the rise01:13 | October 6, 2026 -
Digital media use a growing public health issue, study review says01:51 | October 5, 2026 -
Business Matters: Cenovus Energy buying Athabasca Oil in $5.7B deal02:25 | October 5, 2026 -
Health Matters: Certain Summerhill Market brand raspberries recalled02:02 | October 1, 2026 -
Health Matters: Canadian health ministers warn about potential fiscal cliff02:07 | September 29, 2026 -
Business Matters: New U.S. ban on some Canadian products coming Tuesday02:19 | September 28, 2026 -
California farmers struggle to sell grapes as demand for wine plummets01:46 | September 23, 2026 -
Opiod use increasing in people aged 55+, study01:56 | September 23, 2026 -
Health Matters: Health Canada recalls certain Schwarzkopf mousse products02:12 | September 22, 2026 -
Business Matters: Canada, France deepen economic and defence ties02:27 | September 21, 2026 -
How Canadians feel about EU’s associate membership proposal01:54 | September 17, 2026 -
The benefits and challenges of closer Canada-EU ties02:13 | September 17, 2026 -
Business Matters: Select Canadian goods hit by new U.S. tariffs02:16 | September 15, 2026 -
Record-high diesel prices spark fears of higher grocery costs01:47 | September 14, 2026 -
Business Matters: Canada’s inflation holds at 3% in August02:28 | September 14, 2026 -
Pain in the gas: Oil surges above $100/barrel again as Iran war reignites02:01 | September 9, 2026 -
Dairy, liquor, motorcycles among Canadian goods facing U.S. ban02:07 | September 9, 2026 -
Oil climbs above $100 per barrel as attacks by Iran, U.S. further threaten supply02:23 | September 9, 2026 -
Business Matters: Report suggests U.S. exit from CUSMA would be severe but not ‘cataclysmic’02:39 | September 3, 2026 -
Bank of Canada holds key rate steady, as risks to inflation and economic growth increase01:48 | September 2, 2026 -
Canada’s Champagne extends federal fuel excise tax pause to January 202704:44 | September 2, 2026 -
What Trump’s Venezuela oil deal means for Canada’s energy sector01:51 | August 31, 2026 -
Back-to-School Tech Picks That Parents Will Love05:35 | August 31, 2026 -
Canada’s GDP rises 3.3% in 2nd quarter, but US trade war could halt that momentum01:37 | August 28, 2026 -
Business Matters: Loblaw is bringing back food labels to signify impact of tariffs02:26 | August 26, 2026 -
E-scooter hospitalizations up nearly 40 per cent: CIHI report01:50 | August 25, 2026 -
How will the trade war affect Canadian consumers, companies?01:55 | August 24, 2026 -
Former U.S. trade official says trade war could get ‘a lot worse before it gets better’04:19 | August 24, 2026 -
Trump threatens new auto tariffs after Carney vows to retaliate02:22 | August 24, 2026
-
Economic ripple effects of escalating Red Sea conflict will be felt: business analysts01:55 | January 12, 2024
-
Thanksgiving turkey dinner will cost more this year than 2025, report shows01:47 | October 6, 2026
-
Business Matters: GTA home sales slide in September as prospective buyers and sellers pull back02:17 | October 6, 2026
-
Cost of Thanksgiving dinner is on the rise01:13 | October 6, 2026
-
Digital media use a growing public health issue, study review says01:51 | October 5, 2026
-
Business Matters: Cenovus Energy buying Athabasca Oil in $5.7B deal02:25 | October 5, 2026
-
Health Matters: Certain Summerhill Market brand raspberries recalled02:02 | October 1, 2026
-
Health Matters: Canadian health ministers warn about potential fiscal cliff02:07 | September 29, 2026
-
Business Matters: New U.S. ban on some Canadian products coming Tuesday02:19 | September 28, 2026
-
California farmers struggle to sell grapes as demand for wine plummets01:46 | September 23, 2026
-
Opiod use increasing in people aged 55+, study01:56 | September 23, 2026
-
Health Matters: Health Canada recalls certain Schwarzkopf mousse products02:12 | September 22, 2026
-
Business Matters: Canada, France deepen economic and defence ties02:27 | September 21, 2026
-
How Canadians feel about EU’s associate membership proposal01:54 | September 17, 2026
-
The benefits and challenges of closer Canada-EU ties02:13 | September 17, 2026
-
Business Matters: Select Canadian goods hit by new U.S. tariffs02:16 | September 15, 2026
-
Record-high diesel prices spark fears of higher grocery costs01:47 | September 14, 2026
-
Business Matters: Canada’s inflation holds at 3% in August02:28 | September 14, 2026
-
Pain in the gas: Oil surges above $100/barrel again as Iran war reignites02:01 | September 9, 2026
-
Dairy, liquor, motorcycles among Canadian goods facing U.S. ban02:07 | September 9, 2026
-
Oil climbs above $100 per barrel as attacks by Iran, U.S. further threaten supply02:23 | September 9, 2026
-
Business Matters: Report suggests U.S. exit from CUSMA would be severe but not ‘cataclysmic’02:39 | September 3, 2026
-
Bank of Canada holds key rate steady, as risks to inflation and economic growth increase01:48 | September 2, 2026
-
Canada’s Champagne extends federal fuel excise tax pause to January 202704:44 | September 2, 2026
-
What Trump’s Venezuela oil deal means for Canada’s energy sector01:51 | August 31, 2026
-
Back-to-School Tech Picks That Parents Will Love05:35 | August 31, 2026
-
Canada’s GDP rises 3.3% in 2nd quarter, but US trade war could halt that momentum01:37 | August 28, 2026
-
Business Matters: Loblaw is bringing back food labels to signify impact of tariffs02:26 | August 26, 2026
-
E-scooter hospitalizations up nearly 40 per cent: CIHI report01:50 | August 25, 2026
-
How will the trade war affect Canadian consumers, companies?01:55 | August 24, 2026
-
Former U.S. trade official says trade war could get ‘a lot worse before it gets better’04:19 | August 24, 2026
-
Trump threatens new auto tariffs after Carney vows to retaliate02:22 | August 24, 2026
Economic ripple effects of escalating Red Sea conflict will be felt: business analysts
Description
January 12, 2024
The price of oil jumped on news that U.S. and British warplanes launched strikes against Houthi targets in Yemen, marking a significant escalation of conflict and tension that has been building in the area. Shipping costs continue to soar as commercial vessels are diverted away from the area, adding to production delays as well as fuel and labour costs. And the list of disrupted companies continues to grow, including Ikea, BP, Tesla, Volvo, Abercrombie and Crocs. Anne Gaviola has more on the current — and expected — impact on supply chains and inflation across North America.
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