No longer an industry of its own, energy is increasingly an ecosystem with complex interdependencies. … READ MORE >
industrials
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 >
Bank of Canada cuts interest rate to 2.75% as tariffs cloud outlook
The Bank of Canada reduced its key interest rate to 2.75 per cent on Wednesday amid tariffs and ongoing trade tensions. Rising uncertainty clouds Canada’s economic outlook as U.S. tariffs threaten to raise prices while thwarting growth. If further trade measures are introduced next month, expect the Bank of Canada … … 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 >
Supply chain issues limit growth among major data center hyperscalers
Supply chain constraints are limiting revenue growth among the largest U.S. data center developers—known as hyperscalers—and threatening the United States’ progress in artificial intelligence innovation, according to recent company earnings calls. … READ MORE >
Trump’s steel and aluminum tariffs turn uncertainty into concern for Canada
While new U.S. tariffs apply to all steel and aluminum imports, Canada will be the most impacted country as it is the largest source of U.S. imports by far. … READ MORE >
Canada’s unemployment rate falls to 6.6% as business sentiment improves
Canada’s economic resurgence appears well under way as January saw 76,000 new jobs and a lower unemployment rate as business sentiment improved. … READ MORE >
Logistics and transportation companies cautiously optimistic in Q4 earnings calls
Fourth-quarter 2024 earnings reports from leading trucking and logistics companies revealed muted demand amid a challenging freight backdrop. However, a theme of cautious optimism emerged. … READ MORE >