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Economists trim bets for July rate cut on surprise jobs numbers
Unexpected employment data has led analysts to lower expectations for a mid-year interest rate reduction, reflecting changes in labor market conditions and influencing monetary pol...
Read Full Article →Canada's unemployment rate drops for first time since January
The recent increase of 83,000 mostly part-time positions in June contributed to a decline in the jobless rate to 6.9%, indicating a modest improvement in Canada's labor market cond...
Read Full Article →Trump says U.S. will impose 35% tariff on Canadian goods starting August 1
The planned 35% tariff on Canadian imports beginning August 1 could substantially impact bilateral trade by increasing costs for American consumers and businesses reliant on these...
Read Full Article →Canada seen in 'pretty good position' for win-win deal with U.S.
Canada's strong economic fundamentals and strategic trade advantages contribute to its potential for securing a mutually beneficial agreement with the United States, positively imp...
Read Full Article →Posthaste: It's summertime and the season is ripe for a market meltdown
During the summer months, certain economic and market factors often increase risks, potentially leading to significant declines in asset values and heightened volatility for invest...
Read Full Article →Canada seeks Southeast Asia trade deal to blunt Trump tariffs
Canada aims to secure a free trade agreement with Southeast Asian countries to enhance economic ties and mitigate the impact of increased tariffs imposed by the United States under...
Read Full Article →What Donald Trump's 'big, beautiful bill' means for corporate America
The recent legislation has been welcomed by private equity firms for its favorable financial impact, although companies like Tesla and AI start-ups face challenges due to changes i...
Read Full Article →Yaccarino stepping down as X CEO of after two years
The departure of the executive who joined in mid-2023 following significant staff reductions may impact the company’s financial stability and shareholder confidence moving forward.
Read Full Article →Hike in jobless rate to sway Bank of Canada to cut rates: CIBC
The recent increase in unemployment is likely to influence the Bank of Canada’s decision-making, potentially prompting a reduction in interest rates to support economic stability.
Read Full Article →EQB names former CFO and Scotiabank veteran as CEO
The appointment of Chadwick Westlake as CEO is expected to influence EQB’s strategic direction and investor confidence, potentially affecting the company’s financial performance an...
Read Full Article →Posthaste: Canadians are still saving, but habits are shifting amid market turmoil
Amid recent market instability, Canadian investors have significantly reduced their exposure to U.S. equities, reflecting a notable change in saving and investment patterns not obs...
Read Full Article →Copper market in turmoil as Trump touts 50% tariff on imports
If implemented, the proposed tariff on copper imports could lead to increased expenses for various industries, potentially affecting manufacturing costs and consumer prices through...
Read Full Article →Canada can become an LNG powerhouse, but it will take innovation and determination
Canada's emerging role in the liquefied natural gas sector presents substantial economic potential, requiring ongoing advancements and commitment to fully capitalize on future mark...
Read Full Article →Tariff war big boost for jean maker Duer
The implementation of new trade duties significantly increased demand for the company's denim products, leading to improved sales and enhanced revenue prospects soon after the tari...
Read Full Article →Trump says Aug. 1 tariff deadline won’t be extended
The firm adherence to the August 1 tariff deadline may impact trade negotiations and financial markets by maintaining existing tariff schedules without delay.
Read Full Article →Where do things stand on Trump’s global tariffs and how does Canada fit in?
The ongoing U.S. tariff policies continue to impact international trade, influencing economic relations and market conditions for Canada amid approaching regulatory deadlines.
Read Full Article →Amazon sellers curb Prime Day discounts as tariffs bite
Due to increased import costs, many online retailers are reducing promotional offers during Prime Day, impacting their overall sales strategies and customer incentives this season.
Read Full Article →Posthaste: Canadians should brace for bigger federal budget deficit than they thought
According to BMO, Canada’s federal budget shortfall may reach around $80 billion, indicating a larger gap than previously anticipated, though the country remains financially more s...
Read Full Article →How the trade war is turning into a tourism win for Canada
The ongoing trade conflict has prompted increased domestic travel, boosting Canada's tourism industry as more residents choose local destinations, which positively impacts the coun...
Read Full Article →Carney government's nation-building projects list expected to draw from these five areas, says sourc...
The government's upcoming infrastructure initiatives are anticipated to include key sectors, with a strong probability that an energy transportation project will play a significant...
Read Full Article →How to build Canadian corporate champions that can take on the world
Developing globally competitive Canadian companies is crucial for economic growth, as it enhances international market presence, attracts foreign investment, and creates sustainabl...
Read Full Article →How retailers are cashing in on the trade war: FP video
The ongoing trade tensions have created new opportunities for Canadian retailers, allowing them to adjust strategies and potentially increase revenue despite challenges in the glob...
Read Full Article →Bombardier flies high while analysts soured on one of the Big Three telecoms
Bombardier’s strong performance contrasts with the declining outlook for a major telecom company, highlighting differing investor confidence and potential impacts on market valuati...
Read Full Article →Canada's manufacturers suffer largest drop in output since the pandemic as tariffs roil sector
Canadian manufacturing output has declined significantly due to ongoing trade tensions, leading to reduced production levels and continuous job losses over the past five months, in...
Read Full Article →Canadians shortchange savings goals to take summer vacation, says BMO survey
A recent survey reveals that over fifty percent of Canadians have adjusted their travel arrangements this summer in response to increased expenses and inflation, impacting their ov...
Read Full Article →Bay Street shrugs off tariff threat as dealmaking tally hits $310 billion
Despite concerns about new trade restrictions, the robust volume of equity offerings has contributed to one of the highest levels of financial transactions recorded in the first ha...
Read Full Article →U.S. trade deal with Vietnam gives apparel stocks a boost
The agreement between the U.S. and Vietnam is expected to positively impact the financial performance of clothing companies due to Vietnam’s important role in producing footwear an...
Read Full Article →What Del Monte's bankruptcy means for Canadian consumers
Del Monte's recent financial restructuring could influence product availability and pricing for Canadian buyers due to operational challenges and increased expenses related to pack...
Read Full Article →Why the demise of Canadian retail's 'middle class' won't end with Hudson's Bay
The financial landscape of Canadian retail is shifting as mid-tier stores face challenges from consumers preferring either more affordable or high-end shopping options.
Read Full Article →Posthaste: Canada home prices seen falling further as tariff war deepens downturn
Canadian residential property values are projected to decline between 8 and 10 percent this year, reflecting escalating trade tensions that are contributing to a broader economic s...
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