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…
Canadian National Railway shares have dropped significantly over the past year, drawing attention from contrarian, long-term investors. With the stock near multi-year lows, some see a potential buying opportunity for Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) portfolios focused on dividend growth and total returns. Business Overview CN operates roughly 20,000 miles…
Five Key Business Events to Watch in Canada This Week: Bank of Canada Interest Rate Decision All eyes will be on the Bank of Canada this Wednesday as it announces its latest interest rate decision alongside its quarterly monetary policy report. The central bank has kept its benchmark rate at 2.75% since April, and with…
Retail investors are reigniting the meme‑stock craze, powering dramatic short-squeeze rallies and fueling a broader market upswing as momentum from Trump‑era trade optimism continues to uplift equity markets. 🔥 Why Meme Stocks Are Roaring Back Retail‑driven gains: Stocks like Kohl’s (KSS) and Opendoor (OPEN) reversed course—Kohl’s soaring nearly 40%, Opendoor jumping hundreds of percent—despite having…
As global markets eye rising geopolitical tensions and volatile trade dynamics, recent news from the White House signals a possible turning point. U.S. President Donald Trump’s latest trade deal with Japan is sparking optimism that the world economy may sidestep the harshest of tariffs — even though many of America’s major trading partners still remain…
