A tit-for-tat trade war is a lose-lose game economically for Canada and the U.S.—and the latest developments symbolize a significant step up in tensions. … READ MORE >
Tu Nguyen
Canada loses jobs in August as trade tensions cloud outlook
Canada’s job losses in August undid some of the gains from July—and the outlook going forward is murky due to uncertainty caused by ongoing U.S. trade tensions. … READ MORE >
Bank of Canada holds interest rate again as volatility threatens growth
The Bank of Canada held its key interest rate again as it works to show stability amid ongoing trade volatility and economic uncertainty. … READ MORE >
Market Minute: Canada’s financial conditions as trade war begins
The RSM Canada Financial Conditions Index stands at a mildly accommodative 0.7 standard deviations above zero as a trade war threatens to escalate. … READ MORE >
Cautious optimism for Canada’s economy despite tariff tension
The latest data shows a solid, growing Canadian economy despite the concerns elicited by recent trade tensions and new U.S. tariffs. … READ MORE >
Diving deeper into why Canada revised its U.S. seafood tariffs
Canada changed course and excluded U.S. seafood from its list of new tariffs—go a little deeper and you’ll see that supply chains are the core issue at play. … READ MORE >
Canada’s targeted response to new U.S. tariffs comes as disruption looms
Canada announced a series of targeted tariffs on C$27.6 billion of U.S. imports in response to recent U.S. levies—the latest barb in a tense trade stand-off. … READ MORE >
Market Minute: What the collapse of Canada-U.S. trade talks means
Although the new tariffs will be applied on only about 5% of Canadian exports, they have unleashed the possibility of a trade war. … READ MORE >
Inflation rises to 3% in Canada as global energy volatility persists
Canada’s CPI rose in July while core inflation measures remained slightly below target. This suggests that as of now, inflation remains a result of oil prices as opposed to being broadly entrenched in Canada’s economy. … READ MORE >
Canada’s economic tides are turning following July’s jobs report
Canada added 75,000 jobs in July, which vastly exceeded expectations, while the unemployment rate fell to its lowest in two years. … READ MORE >