Latest News
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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 continent and drive up costs…
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Calendar: Jan 20 – Jan 24, 2025
Monday January 20 U.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.…
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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 weakness in China, the world’s…
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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 product subsector. The agency says…
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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 power, said three people briefed…
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JPMorgan Chase posts record profit as the bank’s massive scale pays off
JPMorgan Chase (JPM) earnings Q4 2024
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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 and airline fares were among…
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Calendar: Jan 13 – Jan 17 2025
Monday January 13 Japanese markets closed China 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 14…
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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 Reserve’s cautious approach to interest…