Ontario’s economy is beginning to feel the weight of newly imposed U.S. tariffs, with the province losing 38,000 jobs in the second quarter of 2025, according to a report released Thursday by Ontario’s Financial Accountability Office. Financial accountability officer Jeffrey Novak said the job losses reflect both the early effects of the tariffs and broader…
The number of Canadians relying on employment insurance (EI) continued to climb in June, with regular EI beneficiaries increasing by 3.4% to reach 541,000, Statistics Canada reported on Wednesday. Over the first half of 2025, EI recipients rose by 11%. Also Read: Reliable TSX dividend stocks 2025 Compared to June 2024, the number of EI…
Canada’s business landscape in 2025 has become a stage where transformation and tenacity define the competitive edge. From coast to coast, businesses are navigating a blend of optimistic forecasts, evolving trade dynamics, groundbreaking digital shifts, and the relentless pursuit of innovation. A defining headline this year is the government’s focus on strengthening internal trade. The…
Recent business news in Canada paints a picture of transformation and calculated resilience, shaped by policy overhauls, changing capital strategies, and ongoing global pressures. Within the last several months, pivotal shifts have redefined the country’s commercial landscape, offering a mix of optimism and cautious anticipation for investors, entrepreneurs, and policymakers. One of the most significant…
Tech stocks continue to captivate investors with their ability to deliver remarkable growth in a rapidly evolving digital landscape. In 2025, the sector showcases an impressive blend of established giants and emerging disruptors, many of which demonstrate robust momentum and resilience in both product innovation and financial performance. A standout across the tech universe this…
Top Banking Stocks of Canada: A Strategic Guide for Investors Navigating the Canadian stock market often begins with its legendary banks—pillars of financial stability recognized for consistent returns, resilience, and robust dividend histories. As Canada’s financial sector continues to outperform global peers, the country’s top banks remain steadfast favourites among both income-oriented investors and those…
Monday, August 18 Eurozone: Trade balance data Canada (8:15 a.m. ET): July housing starts — analysts expect a 4.0% annualized decline Canada (8:30 a.m. ET): June household and mortgage credit figures Canada (8:30 a.m. ET): June international securities transactions U.S. (10:00 a.m. ET): August NAHB Housing Market Index Earnings Reports: BHP Group Ltd., Palo Alto…
Jefferies Financial Group has raised its price targets across the Canadian banking sector, citing limited fallout from global trade tensions and improved economic conditions in both Canada and the U.S. ahead of third-quarter earnings. However, the firm warns that with bank valuations nearing “priced for perfection” levels, any earnings disappointment could lead to sharp declines…
The Canadian dollar weakened to its lowest level in nearly two weeks against the U.S. dollar on Thursday, as a sharp rise in U.S. wholesale prices dampened expectations for interest rate cuts by the Federal Reserve. The loonie fell 0.4% to 1.3812 per U.S. dollar, or 72.40 U.S. cents, after reaching an intraday low of…
President Donald Trump recently increased tariffs on Canadian imports from 25% to 35%, escalating tensions with Canada—the United States’ second-largest trading partner after Mexico. Earlier this year, Trump had already imposed 25% tariffs on a range of Canadian goods, including steel, automobiles, and other products not covered under the U.S.-Mexico-Canada Agreement (USMCA). In response, Canada…
As the U.S. prepares to impose steep tariffs on semi-finished imported copper products this Friday, Canada is expected to be spared from the new duties, according to an economic and policy expert. The measure primarily targets Chinese producers. U.S. President Donald Trump announced a 50% tariff on copper pipes and wiring, part of an effort…
Unlocking the True North’s Hidden Gems: Canadian Stocks to Build Your Long-Term Wealth Canadian stocks offer a unique blend of stability, growth potential, and access to sectors that thrive on global demand — energy, natural resources, technology, and infrastructure. For investors aiming to assemble a winning long-term portfolio, focusing on a diversified set of strong…
Canada’s financial landscape in 2025 is marked by resilience and cautious optimism amid a backdrop of global uncertainties and domestic policy shifts. Despite headwinds from volatile U.S. trade policies and geopolitical risks, Canada’s financial system remains robust, underscored by strong banking institutions and proactive governmental measures. The International Monetary Fund recently concluded its 2025 Financial…
2025 is shaping up to be a landmark year in finance, marked by rapid innovation, geopolitical shifts, and the continued fusion of technology with traditional financial services. The financial landscape is being reshaped by emerging trends such as the accelerated adoption of digital currencies, advancements in AI-driven investment strategies, and growing regulatory focus on sustainability…
Unlocking hidden gems in the Canadian stock market for 2025 requires a strategic eye on undervalued companies poised for growth despite prevailing market headwinds. As the investment landscape evolves, several Canadian stocks have slipped under the radar, offering intriguing opportunities for investors willing to look beyond surface volatility. Among the undervalued names drawing attention are…
