Finance News – Canada
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How Trump is changing attitudes to responsible investing in Canada
Recent political actions and trade policies from the United States have influenced Canadian investors to reconsider their approaches toward sustainability and financial responsibil...
Read Full Article →Canada's unemployment rate hits 7%, highest since 2016 outside the pandemic
The notable rise in unemployment, particularly among students exceeding 20%, may impact household incomes and consumer spending, potentially influencing economic growth and financi...
Read Full Article →Steady interest rate complicates mortgage math, the Home of the Week and more top real estate storie...
Stable borrowing costs influence home loan calculations, impacting affordability for buyers, while current data highlights the most competitive fixed and adjustable mortgage rates...
Read Full Article →Canada's unemployment rate ticks up to 7% in May, highest in 9 years outside of pandemic
The recent increase in Canada's jobless rate to seven percent may impact economic growth and influence government policy decisions regarding labor markets and social support progra...
Read Full Article →April's $7.1B merchandise trade deficit was the largest on record
In April, Canada experienced an unprecedented merchandise trade shortfall totaling $7.1 billion, largely due to a significant decline in exports influenced by increased U.S. tariff...
Read Full Article →Tariffs distract from the real financial war – one that Canada is losing badly
Declining business investment and a struggling manufacturing sector indicate broader economic challenges that could have significant long-term impacts on Canada’s financial stabili...
Read Full Article →Swift reaction but little action so far from Canada in response to Trump's steel and aluminum tariff...
Canada faces potential economic challenges as it considers how to address the recently increased U.S. duties on steel and aluminum, with the government acknowledging the impact but...
Read Full Article →New U.S. ambassador says Trump's agenda will benefit Canada
The newly appointed U.S. ambassador suggested that recent American trade policies might create financial advantages for Canada, though he did not provide specific details on the po...
Read Full Article →58% of U.S. imports exempt from Canada's retaliatory tariffs, says new report
Over half of American products brought into Canada remain unaffected by the recent 25 percent tariff applied to $30 billion in goods, potentially mitigating economic impact on bila...
Read Full Article →'Utopian' to expect a $200 billion boost to Canada's economy from ending provincial trade barriers,...
A recent report from HEC indicates that eliminating provincial trade barriers may not generate a $200 billion increase in Canada's economy due to ongoing challenges faced by compan...
Read Full Article →Costco to source more Kirkland products in Canada to avoid tariffs
The grocery retailer is adjusting its procurement strategy by increasing local production of its private-label items to reduce expenses associated with import duties.
Read Full Article →Canada's economy grows faster than expected in first quarter
The Canadian economy expanded by 2.2% in the first quarter, surpassing forecasts due to increased export activity that helped mitigate the impact of U.S. trade restrictions.
Read Full Article →Canada's GDP grew by annualized rate of 2.2% in first quarter
The Canadian economy expanded at an annualized pace of 2.2% in the first quarter, surpassing forecasts and indicating stronger-than-anticipated economic performance.
Read Full Article →How foreign investors hold the ‘balance of power’ in Canada
During the early months of 2025, a significant decline in foreign investment in Canadian government bonds highlighted the shifting dynamics affecting the country's financial stabil...
Read Full Article →More Canadians missing their mortgage payments, the Home of the Week and more top real estate storie...
An increasing number of Canadian homeowners are struggling to meet their mortgage obligations, highlighting important trends in the housing market alongside current competitive fix...
Read Full Article →Posthaste: What the tariff ruling that shook the world means to Canada
The recent decision on import duties introduces new uncertainties that could influence Canada's international commerce and economic stability moving forward.
Read Full Article →Weddings aren’t cheap, but U.S. tariffs might force couples to pay even more to say ‘I do’
U.S. tariffs are increasing costs for suppliers, which may lead to higher expenses for Canadian couples planning weddings amid an already elevated pricing environment.
Read Full Article →Why 19-year-olds are thinking about homeownership, the Home of the Week and more top real estate sto...
Many young adults are considering property purchases earlier, influenced by current mortgage rates and real estate trends that are shaping the housing market across Canada this wee...
Read Full Article →'Energy is Canada's power': New federal energy minister touts past Alberta oilpatch ties
The federal energy minister emphasized the economic importance of Canada's energy industry, drawing on his previous experience and advocating for the development of diverse project...
Read Full Article →Are the big banks a buy heading into earnings season?
Investors are evaluating six major Canadian financial institutions to understand their potential performance and resilience amid ongoing market volatility as the earnings reporting...
Read Full Article →In Canada’s residential mortgage market, it’s the Big Banks against everyone else
The dominance of major financial institutions in Canada’s home lending sector highlights a competitive landscape where smaller lenders face increasing challenges to maintain their...
Read Full Article →Eight smoking hot housing markets across Canada
Several Canadian regions are experiencing notable growth in real estate activity, influencing mortgage refinancing trends, encouraging international investment opportunities, and p...
Read Full Article →Canada's inflation rate cools to 1.7% as consumer carbon tax ends
Canada's overall price growth slowed due to the removal of the consumer carbon tax, yet underlying inflation indicators showed an increase, influencing the central bank's monetary...
Read Full Article →Posthaste: Canada home prices are heading into correction territory
Several Canadian housing markets are experiencing price adjustments that create more favorable opportunities for buyers, indicating a shift toward balanced conditions after years o...
Read Full Article →Vancouver condo market shows signs of crashing, the Home of the Week and more top real estate storie...
The recent downturn in Vancouver’s condominium sector highlights potential risks to property values, while mortgage rates across Canada remain notably low, influencing homebuyers’...
Read Full Article →Posthaste: Evidence builds that tariffs are chewing into Canada's economy
Recent warnings from major retailers highlight growing concerns about rising costs and economic indicators weakening, suggesting that trade barriers may be impacting Canada's overa...
Read Full Article →Tariff tensions threaten Canada’s EV ambitions
The imposition of tariffs has resulted in uncertainty that may discourage automakers from committing substantial resources to electric vehicle projects in Canada, potentially affec...
Read Full Article →Canada and China share some 'advantages' in tariff war with U.S., says Nobel economist
Economist Paul Krugman highlighted that both Canada and China possess certain strengths amid trade tensions with the U.S., though Canada faces challenges in adjusting its economic...
Read Full Article →Honda to postpone plans for EV plant in Canada for at least 2 years
Honda's decision to delay the establishment of an electric vehicle manufacturing facility in Ontario reflects financial caution due to potential impacts from anticipated United Sta...
Read Full Article →Enbridge CEO 'completely enthused' by conversation around energy in Canada, U.S.
The leader of Enbridge Inc. highlighted the growing support from Canadian and U.S. authorities for accelerating oil and gas infrastructure development, which could positively impac...
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