Latest News
America is not Canada,’ Prime Minister Mark Carney says in rebuke to Trump
Canada’s new prime minister rejected the idea repeatedly voiced by President Donald Trump that the nation would become the 51st U.S. state. “We will never, ever, in any way, shape […] This post is only…
Mar 13: Tariff uncertainty, rate cut bets keep gold near record levels
Gold prices gained on Thursday, holding near all-time high levels, as elevated tariff uncertainty and bets on monetary policy easing by the Federal Reserve kept bullion’s appeal strong.Spot gold firmed […] This post is only…
Canada’s major stock index drops more companies than it adds in quarterly changes
S&P Dow Jones Indices announced late Friday that it is adding two stocks and deleting four from the S&P/TSX Composite Index, the broadest measure of the Canadian market.No changes are […] This post is only…
U.S. producer prices unchanged in February; weekly unemployment claims fall
U.S. producer prices were unchanged in February for the first time in seven months, while fewer Americans filed claims for unemployment benefits last week, pointing to a stable economy that […] This post is only…
EU retaliates against Trump tariffs by targeting $28B of US goods, potentially including meats, tools
The European Union has announced retaliation plans in response to President Donald Trump’s 25% steel and aluminum tariffs. A European Commission press release declares that EU retaliatory actions could apply to American exports worth up […] This post is only…
Canada announces $21B in new US tariffs as trade war escalates
Trump’s new 25% tariffs on Canadian steel and aluminum went into effect WednesdayCanada announced $21 billion in additional tariffs against the U.S. Wednesday after President Donald Trump’s new 25% tariffs on […] This post is only…
Bank of Canada cuts interest rate by quarter-point to 2.75%
Bank of Canada’s March 12 interest rate announcementThe Bank of Canada cut its policy interest rate by a quarter percentage point to 2.75 per cent and warned of an economic downturn amid a […] This post is only…
Chinese tariffs on canola products leave Canadian farmers caught between two trade fights
Just when canola farmer Roger Chevraux thought things were bad enough, they got worse.Since U.S. President Donald Trump’s inauguration in January, canola farmers and processors have faced the threat of 25-per-cent tariffs on […] This post is only…
Canadian dollar weakens ahead of expected interest rate cut
The Canadian dollar CADUSD +0.05%increase weakened against its U.S. counterpart on Monday as investors bet that the Bank of Canada would continue its easing campaign this week to support an economy threatened by […] This post is only…