U.S. President Donald Trump announced an additional 10 per cent tariff on Canadian goods after the Ontario government failed to immediately remove an anti-tariff advertisement aired in American markets. Trump accused Ontario of “serious misrepresentation of the facts” and called the ad a “fraud,” criticizing Premier Doug Ford for allowing it to air during the…
Canada’s annual inflation rate rose more than anticipated in September, potentially complicating—but not derailing—expectations for another Bank of Canada (BoC) interest rate cut next week. According to Statistics Canada, the consumer price index (CPI) increased 2.4% year over year, up from 1.9% in August and above the consensus forecast of 2.2% from CIBC Economics. Also…
U.S. President Donald Trump has grown increasingly frustrated with Canada over stalled trade negotiations, according to White House economic adviser Kevin Hassett. Speaking to reporters on Friday, Hassett said Trump’s irritation “has built up over time,” describing Canada as “very difficult to negotiate with.” “The Canadians have shown a lack of flexibility,” said Hassett, who…
Ontario Premier Doug Ford announced Friday that the province will pause its anti-tariff advertising campaign in the United States to help restart stalled Canada-U.S. trade negotiations. Ford said he made the decision after speaking with Prime Minister Mark Carney, who is attending a series of summits in Asia where he is expected to cross paths…
Canada’s stock market extended its winning streak in Q3 2025, setting new records even as the economy showed signs of strain. The Morningstar Canada Index rose an impressive 12.75% during the quarter, far surpassing the 8.20% gain of the U.S. benchmark. Year to date, Canadian equities are up 24.37%, easily outpacing the 14.57% climb in…
Canadian investors are re-engaging with markets in 2025, encouraged by easing interest rates and strong equity performance, according to a national survey by the Securities and Investment Management Association (SIMA). The study revealed a sharp rise in purchases of mutual funds and ETFs, even as many households remain cautious in an uncertain economic environment. “Declining…
BCE Investor Day BCE Inc., the parent of Bell Canada, will host its investor day on Tuesday. Shareholders will hear from senior executives for the first time since the company cut its quarterly dividend earlier this year. Also Read: Reliable TSX dividend stocks 2025 Carolyn Rogers on Productivity Bank of Canada senior deputy governor Carolyn…
A Surprise Choice Sparks Political Reactions The Norwegian Nobel Committee awarded this year’s Nobel Peace Prize to Maria Corina Machado of Venezuela, praising her as “a woman who keeps the flame of democracy burning amid a growing darkness.” The decision immediately raised questions about how U.S. President Donald Trump, who has long coveted the prestigious…
Employment Growth Defies Forecasts Canada’s labour market delivered an unexpected boost in September, adding 60,400 jobs, according to Statistics Canada. The unemployment rate held steady at 7.1%, defying economists’ forecasts for a 2,500 job loss and a modest uptick in the jobless rate to 7.2%, based on Bank of Montreal consensus estimates. While the headline…
Canada’s services sector contracted at a faster pace in September, hitting a three-month low, as businesses reduced headcounts and outstanding work dropped to its weakest level in five years, according to S&P Global’s latest services PMI data released on Friday. The headline Business Activity Index slipped to 46.3 in September from 48.6 in August —…
The U.S. government has officially shut down after lawmakers failed to reach a funding deal, and Washington is preparing for what could be a long standoff. Why the Shutdown Happened Republicans supported a temporary funding bill to keep the government running until November 21. But Democrats blocked it, demanding it include funding to reverse Medicaid…
Global investors are growing uneasy as the U.S. government enters another shutdown, with no funding deal reached by Congress. While markets have typically shrugged off past shutdowns, this one feels different — potentially longer and more damaging, especially with President Trump’s push for mass firings instead of temporary furloughs. Such job losses could raise unemployment…
The U.S. government officially shut down after President Donald Trump and Congress failed to reach a funding deal by the Wednesday night deadline. This marks the third shutdown under Trump, highlighting deep divisions between Republicans and Democrats. About 750,000 federal workers are being furloughed, with some at risk of losing their jobs permanently. Key government…
Shutdown Looms Amid Political Standoff Without a last-minute agreement, parts of the U.S. government are expected to shut down on October 1. With government funding bills requiring 60 votes in the Senate, and Republicans holding just 53 seats, bipartisan support is essential to avoid a shutdown. However, a tense political environment and tight timeline have…
Prime Minister Mark Carney is defending his series of international visits, stating they are essential for opening new markets and attracting foreign investment to support Canada’s long-term economic goals. During a four-day visit to London, Carney met with British Prime Minister Keir Starmer to follow up on economic and security agreements reached during Starmer’s June…
