Business Brief: Why trade diversification is easier said than done

News Snapshot:

Good morning. Uncertainty over Canada’s trade relationship with the United States is spurring calls for the country to diversify its trade partnerships. Today, we look at why that’s not as simple as it sounds. In the news The federal Competition Bureau has confirmed it is investigating real estate companies’ use of software that gathers data on rental rates, a practice that critics argue allows landlords to collude on pricing. Canada’s annual inflation rate ticked upward last month but remained below the Bank of Canada’s target, as higher energy prices offset the lingering effects of the federal tax holiday on the...