The Bank of Canada held its policy interest rate amid rising inflation expectations and trade policy uncertainty. The bank will need to consider growth over inflation concerns as recession risks rise. … READ MORE >
energy
Canada lost 33,000 jobs in March as more pain looms due to U.S. tariffs
Canada lost 33,000 jobs in March as U.S. tariffs came into effect. Expect more layoffs in the coming months as tariffs cause widespread economic pains. … READ MORE >
Canada spared from worst of new U.S. tariffs—but economic challenges remain
The absence of new tariffs is a small consolation prize for Canada as the U.S. imposed sweeping tariffs on most countries, but economic challenges remain. … READ MORE >
Oil industry uncertainty around costs and prices risks production downturn
While oil and gas companies have voiced support and even enthusiasm for the administration’s “drill baby drill” policies, the Dallas Fed’s energy survey for the first quarter reflects a different perspective. … READ MORE >
Buy Canadian movement offers opportunities amid heightened emotions
The Buy Canadian movement may be more than a reactionary fad amid U.S. tariffs. The increased awareness of domestic options could shift behaviours in the long run—but being aware of its limitations is critical. … READ MORE >
6 key energy industry takeaways from CERAWeek
No longer an industry of its own, energy is increasingly an ecosystem with complex interdependencies. … READ MORE >
Calm before the storm: Canada’s CPI rises as tax break ends
Canada’s consumer price index for February saw a sizeable uptick—but the increase was just the calm before a broader economic storm. … READ MORE >
Another delay in U.S. tariffs—what does this mean for Canada?
U.S. tariffs on some Canadian goods were delayed, again, in a familiar-yet-concerning development in the ongoing trade dispute. This latest pause, which is in place until April 2, applies to tariffs on goods covered under the Canada-United States-Mexico Agreement (CUSMA). Canada’s economic outlook remains clouded as tariff threats hang over … … READ MORE >
U.S. tariffs promise volatility, recession for Canada
Canada’s economic landscape is set to change dramatically as U.S. tariffs take effect. A recession is anticipated this year if all measures remain in place. … READ MORE >
Canada’s economy surged last quarter, but U.S. tariff threats cloud 2025 forecast
Canada’s economy showed promising growth in the last quarter of 2024 and is poised to have a robust 2025—provided U.S. tariffs don’t take effect. … READ MORE >