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Canada’s auto industry braces for ‘extremely problematic’ threat of Trump tariffs
The Canadian automaking industry warns incoming U.S. president Donald Trump’s plan to impose tariffs of 25 per cent on all imports from Canada threatens to devastate the sector across the […] This post is only…
Calendar: Jan 20 – Jan 24, 2025
Monday January 20U.S. markets closed (Martin Luther King Jr. Day)World Economic Forum in Davos (through Friday)Japan core machine orders and industrial production(8:30 a.m. ET) Canada’s construction investment for November.(10:30 a.m. […] This post is only…
In first look at 2026, OPEC forecasts global oil demand to rise at similar rate to this year
OPEC forecast on Wednesday world oil demand in 2026 will rise at a similar rate to this year, while reducing its figure for 2024 for a sixth time, following economic […] This post is only…
Canadian manufacturing sales up 0.8% to $71.5-billion in November
Statistics Canada says manufacturing sales rose 0.8 per cent to $71.5-billion in November, helped by higher sales in the aerospace product and parts industry group and the petroleum and coal […] This post is only…
Trump’s new SEC leadership poised to kick start crypto overhaul
Top Republican officials at the U.S. Securities and Exchange Commission are poised to begin overhauling the agency’s cryptocurrency policies potentially as early as next week when President-elect Donald Trump takes […] This post is only…
JPMorgan Chase posts record profit as the bank’s massive scale pays off
JPMorgan Chase on Wednesday topped estimates for fourth-quarter revenue and profit. The bank was helped by better-than-expected net interest income and fixed income trading and investment banking results. Profit rose […] This post is only…
USA: Here’s the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024. That’s up from 2.7% in November. Energy, food, new and used vehicles, car insurance […] This post is only…
Calendar: Jan 13 – Jan 17 2025
Monday January 13Japanese markets closedChina aggregate yuan financing, new yuan loans and trade surplus(2 p.m. ET) U.S. budget balance for December.Earnings include: Cogeco Inc.; Cogeco Communications Inc.—Tuesday January 14Japan bank […] This post is only…
U.S. job growth tops expectations in December; unemployment rate falls to 4.1%
U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1 per cent as the labour market ended the year on a solid footing, reinforcing the Federal […] This post is only…