News

Canada Economy Grew in June, Avoiding 2Q Contraction
Canada's economy appears to have eked out some growth in the second quarter and is on track to beat economist and central ...
Bank of Canada holds interest rate at 2.75% as economy shows resilience in the face of tariffs
The Bank of Canada held its interest rate at 2.75 per cent on Wednesday, citing resilience in the economy despite the ongoing ...
What Do Trump’s Tariff Hikes Mean for Canada’s Trade-Dependent Economy?
After Canada failed to strike a trade deal with Washington, the president raised tariffs on some Canadian exports this week.
U.S. Trade Deadline Passes Without A Deal: What's Next For Canada
The US has imposed a 35% tariff on some Canadian goods not covered by the current free trade deal. Marc Ercolao explains how ...
Why Canada’s economy is showing resilience in the face of U.S. tariffs
Because of a carve-out for Canadian exports that are compliant with the Canada-U.S.-Mexico Agreement (CUSMA), BMO sees the ...
Crucial exemption allows majority of Canadian and Mexican goods to be shipped to US without tariffs
A key carve-out for Canada and Mexico shields the vast majority of goods from the punishing duties, even though U.S.
Canada's services PMI rises to eight-month high in July as business confidence improves
The downturn in Canada's services economy eased in July as the pace of decline in new business activity slowed and firms grew ...
As Canada’s economy faces serious challenges, the Indigenous economy offers solutions
Economic reconciliation requires support for Indigenous training, providing access to capital for Indigenous organizations ...
Canadian economy lost more than 40,000 jobs in July: report
The Canadian economy shed more than 40,000 jobs in July, according to a new report released by Statistics Canada on Friday. A ...
Bank of Canada holds rates steady and says global trade war risk has eased
The Bank of Canada held its key policy rate at 2.75% for the third time in a row on Wednesday, as expected, and said the risk ...