Finance News – Canada
What is your interest today?
Gen Z is facing the worst youth unemployment rate in decades. Here is how it's different
Economic challenges such as rising inflation, increased competition from a growing population, and trade tensions with the U.S. are contributing to significant employment difficult...
Read Full Article →Canada's trade deficit swells to record high as exports to U.S. tank
Canada experienced an unprecedented increase in its trade shortfall this April, primarily due to a significant decline in shipments to its largest trading partner amid continued tr...
Read Full Article →Canadian economy will be among those hit hardest by global slowdown, says OECD
The anticipated global economic deceleration is expected to significantly impact Canada’s financial performance, reflecting heightened vulnerabilities compared to many other nation...
Read Full Article →Posthaste: Markets expect a Bank of Canada pause, but these economists have other ideas
Investors are cautiously anticipating the Bank of Canada to maintain current rates, while some economists predict changes amid ongoing trade tensions and an unpredictable economic...
Read Full Article →ETFs are outpacing mutual funds despite market volatility. Are rookie retail investors at risk?
Recent data shows Canadians increasingly favor exchange-traded funds over mutual funds, highlighting a shift in investment preferences amid global market instability and potential...
Read Full Article →U.S. court ruling deals legal blow to Trump’s tariffs, but no relief for Canada just yet
The recent judicial decision impacts the enforcement of certain U.S. import duties, yet it is unlikely to immediately alter trade conditions or provide economic benefits for Canadi...
Read Full Article →Savings accounts are having a moment in these uncertain times
Despite lower interest rates, many individuals are choosing to keep their funds in savings accounts, prioritizing security and stability amid ongoing economic uncertainties and geo...
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 →These eight data points show how Trump's trade war is already affecting the Canadian economy
The ongoing trade conflict initiated by the U.S. has introduced considerable economic challenges in Canada, contributing to growing concerns among experts about a potential recessi...
Read Full Article →‘Buy Canadian’ boosts local beauty industry. Will tariffs end up reversing that?
The increase in preference for domestic products has temporarily strengthened Canada’s cosmetics sector financially, though potential changes in trade policies could impact its fut...
Read Full Article →China emerging as top customer for Canadian oil shipped via Trans Mountain Pipeline
The increased demand from China for Canadian oil transported through the Trans Mountain Pipeline reflects changing trade patterns and has notable implications for Canada's energy e...
Read Full Article →Trade war personal finance update: A ‘how much should you worry’ guide to stocks, mortgage rates, th...
Changes in trade policies may impact various financial aspects such as investment markets, borrowing costs, currency values, and overall economic stability, influencing individual...
Read Full Article →U.S. and China reach deal to slash tariffs for 90 days
The agreement to temporarily reduce tariffs between the U.S. and China aims to ease trade tensions and potentially improve economic conditions by encouraging increased cross-border...
Read Full Article →Mr. Carney goes to Washington: FP Video unpacks the meeting and where tariffs go from here
The recent discussions in Washington involving key industry leaders highlighted potential changes in trade policies that may impact tariffs and influence economic relations between...
Read Full Article →In the focus on trade war losers, something else gets missed - slippage
Uncertainty from trade conflicts causes delayed decisions, consumes management resources, and erodes trust, all of which negatively impact economic efficiency and financial perform...
Read Full Article →We just witnessed a valuable lesson in trying to time the market
The ongoing trade dispute continues to impact the economy, highlighting the challenges investors face in predicting market movements amid the gradual rebound following the recent s...
Read Full Article →Canada's unemployment rate climbs to 6.9% as tariffs bite
The rise in joblessness to 6.9% reflects growing concerns that escalating trade tensions may be negatively affecting employment opportunities across various sectors in Canada.
Read Full Article →U.S. trade war risks Canadian progress on financial stability, says Bank of Canada
The Bank of Canada indicated that escalating trade tensions with the United States could undermine recent improvements in economic conditions for Canadian consumers and companies.
Read Full Article →The trade war helps explain why early retirement - which peaked in 1998 - is a dying concept
Financial market disruptions have altered savings and investment strategies, contributing to a decline in the popularity of early retirement since its height in the late 1990s.
Read Full Article →China beefs up economic safeguards ahead of U.S. trade talks in Switzerland
In preparation for upcoming discussions with the United States, China is implementing various economic measures to mitigate potential negative impacts and stabilize its financial e...
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 →Bare shelves are just weeks away as trade war disrupts flow of goods
Major retailers anticipate increased prices and reduced availability of goods due to disruptions in shipments from China to the U.S. stemming from an ongoing trade conflict between...
Read Full Article →The trade war looms over mortgage decisions as much as investments
Market uncertainty influences mortgage choices, prompting borrowers to weigh the benefits of variable versus fixed rates based on potential stress levels and long-term financial im...
Read Full Article →68,000 job losses possible in Ontario this year due to U.S. trade war: report
A recent report estimates that U.S. tariffs and Canada's retaliatory measures may lead to significant job losses in Ontario, potentially affecting over 137,000 positions by 2029.
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 →Deutsche Bank cuts S&P 500 year-end target from Wall Street high
Deutsche Bank has revised its year-end target for the S&P 500 downwards due to increasing economic uncertainties linked to the ongoing trade conflict between the United States and...
Read Full Article →Tariff tracker: Confused by the trade war? Here's where things stand today
Monitoring the ongoing trade conflict provides valuable insights into economic impacts, helping businesses and consumers understand potential cost changes and market fluctuations i...
Read Full Article →