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 >
industrials
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 >
Even with pause, Trump’s tariffs and Canada’s response establish volatile new economic reality
While a reprieve on tariffs may be welcomed, the back-and-forth between the U.S. and Canada laid bare Canada’s economic vulnerability amid ongoing political volatility. … READ MORE >
Bank of Canada cuts key interest rate to 3% amid price stability, trade policy uncertainty
The Bank of Canada cut its key interest rate to three per cent, but tariff uncertainty looms over Canada’s economic outlook and clouds the future rate path. … READ MORE >
Canada’s jobs report exceeds expectations for December
Canada’s jobs report for December exceeded expectations in several ways, a credit to a resilient economy poised to grow as more rate cuts are expected. But the risks of tariffs and trade tension affecting the growth and recovery outlook cannot be ignored. … READ MORE >
Trudeau’s resignation spurs uncertainty across Canada’s economy
For nearly a decade, Canada’s political stability helped attract foreign investments. Justin Trudeau’s resignation ushers in a new wave of uncertainty. … READ MORE >