Finance News – Canada
What is your interest today?
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...
Read Full Article →Canada's unemployment rate ticked up to 6.9% in April, matching pre-pandemic high
The recent rise in Canada's jobless rate to 6.9% highlights ongoing challenges in the labor market, potentially influencing economic growth and government policy decisions.
Read Full Article →Oil prices are down. It means something different in Canada vs. the U.S
The recent decline in crude oil costs has impacted economic strategies differently in Canada and the U.S., affecting investment decisions and revenue projections within their respe...
Read Full Article →What's in the U.S.-U.K. trade deal and what does it mean for Canada?
The agreement provides tariff reductions on certain steel and aluminum products between the U.S. and U.K., potentially influencing trade costs and economic relations in the region,...
Read Full Article →Is CUSMA the best path out of the trade war with the U.S.?
The Canada-US-Mexico Free Trade Agreement could potentially influence economic relations by providing a structured framework that encourages trade stability and may help reduce tar...
Read Full Article →Canada's trade deficit narrows to $506 million as tariffs kick in
Canada's trade imbalance decreased to $506 million in March, influenced by the implementation of tariffs and a 6.6% reduction in exports to the United States.
Read Full Article →Washington may welcome Canada's 'coherent' talk on trade
The advancement of Canadian trade discussions under Prime Minister Mark Carney could influence economic relations and market access, potentially impacting investment flows and cros...
Read Full Article →Canada's trade deficit narrows to $506M in March, driven by slump in U.S. imports
In March, Canada experienced a smaller gap between its imports and exports, primarily due to a sharper decline in goods purchased from the United States compared to what it sold in...
Read Full Article →The Liberals’ plans for solving housing affordability, the Home of the Week and more top real estate...
This week's coverage includes the Liberal government's housing affordability strategies, a featured property, and highlights of the lowest mortgage rates available in Canada for bo...
Read Full Article →ETF investors, here’s why you should choose funds listed in Canada and not the U.S.
Investors may find Canadian-listed ETFs offer a broader array of options and potential benefits compared to their U.S. counterparts, enhancing their investment strategies and oppor...
Read Full Article →Businesses are rushing to reroute shipments to Canada in a move that might lead to cheaper goods, ri...
Companies are stockpiling inventories in Canada to potentially reduce costs associated with U.S. tariffs, while simultaneously facing risks from disruptions in their supply chains...
Read Full Article →The best variable and fixed mortgage rates in Canada for this week
In early April, five-year insured mortgage rates in Canada saw a decline, with fixed rates reaching their lowest level since 2022, now averaging around 3.7 percent.
Read Full Article →'Don't shut up': Canadian auto sector's strategy to fight Trump tariffs
Canadian automotive leaders emphasize the importance of vocal advocacy in response to U.S. tariffs, highlighting the potential financial impacts on the industry and the need for co...
Read Full Article →Canada's economy shrank 0.2% in February, but signs point to growth in March: StatsCan
Statistics Canada reports a 0.2% decline in Canada's economy for February, although initial indicators for March suggest the potential for moderate growth in gross domestic product...
Read Full Article →Posthaste: BMO, TD Bank economists jumpy about Liberal minority with Canada at dangerous crossroad
Economists at BMO and TD Bank express concern regarding the potential financial implications of a Liberal minority government, highlighting overlapping policies on taxes and tariff...
Read Full Article →Why fleeing small-caps amid market turmoil could be a mistake
The small-cap market in Canada may present investment opportunities, as some companies demonstrate increasing profitability despite the prevailing market challenges, suggesting pot...
Read Full Article →Will five teams in the NHL playoffs (and a surge of patriotism) mean ka-ching for Canada?
The outcome of the NHL playoffs could significantly impact consumer spending in Canada, influenced by both national pride and prevailing economic uncertainties tied to the trade wa...
Read Full Article →TSX returns to positive territory for 2025 as Canada votes
In 2025, the TSX experiences gains amid Canada's electoral process, while the S&P 500 observes modest growth, with market participants focusing on key economic data and large-cap e...
Read Full Article →With many ‘little cash pots,’ how should Arden, 65, and Trent, 59, set up for retirement in a few ye...
Arden and Trent face financial planning challenges as they seek to optimize the transfer of Arden's inherited U.S. retirement account to Canada, minimizing potential tax implicatio...
Read Full Article →Federal election platform guide: From taxes to housing, here’s what each major party is promising fo...
With the upcoming April 28 election in Canada, a guide outlines financial commitments from major political parties regarding taxes, housing, and other pocketbook issues impacting v...
Read Full Article →Tackling a trio of tricky tax questions
The Canada Revenue Agency is currently facing several challenges that have led to significant confusion for taxpayers, potentially affecting compliance and the agency's overall fin...
Read Full Article →