Latest News
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U.S. trade deficit widens sharply in May as capital goods imports hit record high
The U.S. trade deficit widened sharply in May as an artificial intelligence investment boom helped to drive imports of capital goods to a record high, suggesting that trade remained a drag on gross domestic product…
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Canada’s trade surplus hit four-year high in May as Mideast war buoyed commodity prices
Canada’s trade surplus hit a four-year high in May as the conflict in the Middle East buoyed oil and other global commodity prices and aluminum exporters found new markets. Merchandise exports rose 0.9 per cent,…
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Things To Look Out For Week Ending July 10, 2026
Summary Key Drivers 1. Canada jobs report — July 10 This is the most important domestic event for the TSX this week. Result Likely TSX impact Sector impact Strong jobs, lower unemployment Mixed to positive…
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Calendar: July 6 – July 10
Monday July 6 China’s foreign reserves Euro zone’s retail sales Germany’s factory orders (9:30 a.m. ET) Canada’s S&P Global Services PMI for June. (9:45 a.m. ET) U.S. S&P Global Services/Composite PMI for June. (10 a.m.…
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With both growth engines down, Canada’s economy is adrift
For the past decade or so, Canada’s economy has been flying with one engine down. It sort of worked, but then the second one sputtered out too. We’re now in that torturous phase while we…
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July 2/26: US Tech bulls lose conviction as key trading metric blows out to the widest since 2008
When you’re in the middle of a hurricane, the price for umbrellas is going to be expensive, no matter which way the wind is blowing. For stocks, the hurricane is the Nasdaq-100 index, and the direction…
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USMCA wasn’t renewed. What’s next for the North American trade deal?
SUMMARY: 🌐 Sources DETAILS: North American trade entered a new phase on July 1, with U.S. President Donald Trump declining to renew the United States-Mexico-Canada Agreement for another 16 years. As part of a mandatory six-year review…
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Canada’s manufacturing PMI edges higher for sixth straight month
Canada’s manufacturing sector expanded further in June as production and employment rose, but not all was positive for the sector as intensifying supply shortages helped lift cost inflation to a near four-year high. The S&P Global Canada…