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Where the Canadian dollar and oil prices are headed: FP video
The fluctuations in the value of the Canadian currency and changes in crude oil rates can have important economic impacts, influencing trade balances, investment decisions, and gov...
Read Full Article →'Grisly' May retail sales drop of 1.1% could point to Bank of Canada restarting rate cuts
The unexpected decrease in retail sales during May may influence the Bank of Canada’s decision-making regarding interest rates, potentially leading to a reduction to support econom...
Read Full Article →Charles St-Arnaud: Carney's 'One Canadian Economy' a much-needed move in the right direction, but qu...
A comprehensive investment strategy aimed at unifying economic efforts across Canada could play a crucial role in revitalizing the country’s overall financial stability and long-te...
Read Full Article →Carney announces new measures to protect Canada's steel and aluminum industries
The government plans to implement limits on imported steel and explore additional tariff options to support domestic producers amid economic challenges stemming from U.S. trade pol...
Read Full Article →'We are not seeing inflation in our business,' Empire CEO says
Empire CEO Michael Medline stated that the company’s financial performance has not been impacted by rising grocery costs, indicating a steady pricing environment within their opera...
Read Full Article →Federal deficit estimated to hit $46 billion in 2024-25: PBO
The projected shortfall for 2024-25 reflects increased government income primarily driven by gains in corporate tax collections and additional revenues from imposed tariffs.
Read Full Article →Bank of Canada governor warns consumer prices will rise if tariffs not lifted
The Bank of Canada governor emphasized that maintaining tariffs could increase inflation, highlighting that a trade agreement with the U.S. plays an important role in supporting em...
Read Full Article →Job vacancies slump as tariffs push some sectors below pre-pandemic levels
A decline in job openings by 3.8 percent in early 2024 reflects economic challenges linked to trade restrictions, impacting employment opportunities across various industries compa...
Read Full Article →Bank of Canada's future path for interest rates still cloudy
The central bank’s decision to pause interest rate changes reflects ongoing uncertainty about inflation trends and their impact on the economy, influencing financial markets and bo...
Read Full Article →Posthaste: What does the TSX's record run say about the economy? Maybe not as much as you'd hope
Canada's stock market has recently surpassed major international indices, reflecting notable investment activity that may not directly indicate broader economic strength or stabili...
Read Full Article →Trump says he still favours tariffs against Canada as negotiators sit down at G7
The ongoing discussions highlight the potential impact of trade policies on economic relations between the U.S. and Canada, emphasizing the importance of tariff decisions for both...
Read Full Article →Canadian home sales rise for the first time in more than six months
The recent increase in Canadian residential property transactions could signal a shift in the real estate sector, potentially impacting economic activity and market confidence movi...
Read Full Article →Posthaste: Canadians looking for more interest rate relief might be out of luck
According to RBC, the Bank of Canada has likely concluded its interest rate reductions, which could impact Canadians hoping for lower borrowing costs in the near future.
Read Full Article →'Recession risks alive' as Canada's manufacturing numbers suffer under Trump tariff regime
The decline in Canada's manufacturing sector raises concerns about economic growth and may influence future monetary policy decisions by the Bank of Canada amid ongoing trade tensi...
Read Full Article →Rising oil prices on Israel attack on Iran could revive Canadian dollar's 'petrocurrency status,' an...
An increase in oil prices above production costs may strengthen the Canadian dollar by enhancing economic benefits linked to the country's energy exports, according to financial ex...
Read Full Article →Posthaste: Toronto condo sales drop 75%, leaving investors bleeding cash, CMHC says
Recent declines in condo transactions across major Canadian cities have significantly impacted investor returns, reflecting challenges posed by higher borrowing costs and an abunda...
Read Full Article →Canadians' support for counter-tariffs dips, but still strong as trade war persists
Although Canadians' backing for retaliatory tariffs has slightly decreased, the Bank of Canada Governor noted last week that these measures have not substantially influenced overal...
Read Full Article →No private company proposing to build an oil pipeline to tidewater? 'There will be soon', Smith says
Smith suggests that renewed interest from private investors or groups could lead to new oil pipeline projects aimed at improving access to export markets, potentially impacting reg...
Read Full Article →Canada recession 'more likely than not': Devlin Capital
Slowing economic growth in Canada has increased the probability of a downturn, making government bonds a potentially safer choice for investors seeking stability amid uncertain mar...
Read Full Article →Don't assume further rate cuts from the Bank of Canada, Poloz warns
The possibility of ongoing inflation concerns may limit the central bank's ability to lower interest rates soon, impacting borrowing costs and financial markets.
Read Full Article →Canada's youth job market 'in dire straits,' economist says
The latest employment data reveals a challenging economic environment for young workers in Canada, indicating potential long-term impacts on their financial stability and overall m...
Read Full Article →OPEC head lashes out at net-zero targets, tells Calgary audience oil demand will keep growing
The OPEC leader highlighted concerns over forecasts of declining oil consumption, emphasizing continued market growth and potential impacts on global investment and economic stabil...
Read Full Article →Interprovincial trade scare called 'absolute garbage'
Economist Marc Lee from the Canadian Centre for Policy Alternatives argues that concerns about obstacles to trade between provinces have been greatly exaggerated and do not pose a...
Read Full Article →Canadian businesses trading with U.S. look to 'pivot' as profits decline and expenses rise
Many Canadian companies engaged in U.S. trade anticipate moderate to significant challenges in the coming quarter due to increasing costs and decreasing earnings linked to new tari...
Read Full Article →Unpacking the Bank of Canada's interest rate hold: FP video
The Bank of Canada's decision to maintain current interest rates influences borrowing costs, affects inflation management strategies, and shapes economic forecasts amid evolving tr...
Read Full Article →What is the bond market and why is everybody so worried about it?
The increasing uncertainty surrounding government debt securities has caused investors to become cautious, potentially impacting the cost and availability of funds used for public...
Read Full Article →What the Elon Musk-Trump meltdown means for Tesla stock
The recent public dispute between two prominent figures led to a significant drop in the electric vehicle company's market capitalization, reducing its overall valuation by over on...
Read Full Article →'Grinding' rise in unemployment rate means Bank of Canada will start cutting rates again
The gradual increase in joblessness suggests the Bank of Canada may consider lowering interest rates to support economic stability, according to various economic experts analyzing...
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 →Posthaste: Canada's unemployment rate could reach 7.5% on still strong immigration, says economist
An increase in the unemployment rate to 7.5%, influenced by sustained immigration levels, may intensify existing challenges in the labor market and impact economic conditions relat...
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