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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 →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 →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 →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 →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 →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...
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