Prime Minister Mark Carney says he will personally join efforts to resolve the ongoing trade dispute with China over steep tariffs placed on Canadian canola seed exports. Also Read: How to start investing Canada Speaking in Toronto on Wednesday, Carney stated that he, along with Canada’s international trade and foreign affairs ministers, will be actively…
Home sales in the Greater Vancouver area saw a modest increase in August, rising 2.9% compared to the same month last year, signaling a slow but steady rebound in the housing market. According to Greater Vancouver Realtors, a total of 1,959 homes were sold in August 2025, up from 1,904 in August 2024. Despite the…
Canadian workers should expect more modest pay raises in 2026, as businesses tighten compensation budgets in response to easing inflation and reduced competition for talent. New data from consulting firms Gallagher and Normandin Beaudry indicates that average salary increases are projected to reach 3.1% in 2026. This marks a continued downward trend from 3.5% in…
Canada’s main stock index edged lower on Tuesday, retreating from its record high in the previous session, as investors grew cautious ahead of crucial economic data expected later this week — data that could shape the Bank of Canada’s next move on interest rates. The S&P/TSX Composite Index slipped 0.2% to 28,500.48, with the pullback…
Gold soared to a new all-time high on Tuesday, driven by growing expectations of U.S. interest rate cuts and renewed concerns about the Federal Reserve’s stability and the country’s ballooning debt. Spot gold climbed as much as 1.1% to reach $3,516 per ounce, surpassing its previous record set in April. The rally came amid a…
Canada’s manufacturing industry remained in contraction during August, marking the seventh consecutive month of decline, as manufacturers continued to face subdued export demand, particularly from the United States, along with ongoing logistical and cost pressures, according to data released Tuesday. Also Read: Best beginner investment accounts Canada Despite the continued downturn, the sector showed signs…
Canada’s young job seekers are facing mounting challenges in what experts are calling a “recessionary” employment environment, particularly in the tech sector and other entry-level job markets. A recent report from Indeed Canada reveals that tech job postings have dropped sharply since peaking in early 2022, with junior-level roles down 25% compared to pre-pandemic levels….
Amid ongoing tariff challenges and market volatility, many sectors on the TSX have shown resilience — particularly energy and real estate. Yet, Canadian Tire (TSX:CTC.A), a standout dividend stock, has slipped 11% from its 52-week high following a disappointing second-quarter earnings report. Despite a 5.2% year-over-year increase in revenue, diluted earnings per share (EPS) fell…
Canada’s economic outlook has dimmed following a third consecutive monthly decline in GDP, raising questions about whether the Bank of Canada will adjust its interest rate stance in September. Statistics Canada reported that GDP shrank by 0.1% in June — the third monthly contraction in a row, marking the first such streak since 2022. On…
Canada’s economy is showing troubling signs of strain, with new data from Statistics Canada indicating a sharper-than-expected slowdown — a trend economists are largely attributing to the ongoing trade war with the United States. Gross domestic product (GDP), the key measure of economic output, declined at an annualized rate of 1.6% in the most recent…
Here are five major developments to keep an eye on in the Canadian business landscape over the coming week: Couche-Tard Earnings Report Alimentation Couche-Tard Inc. will release its first-quarter financial results after markets close on Tuesday. The Quebec-based convenience store giant recently ended its yearlong attempt to acquire Japan’s Seven & i Holdings Co. Ltd.,…
Concerns about persistent inflation in Canada are exaggerated, and markets are underestimating the extent of future monetary easing by the Bank of Canada (BoC), says Royce Mendes, managing director and head of macro strategy at Desjardins Group. According to Mendes, the BoC should shift its attention from inflation to the broader economic picture, which shows…
While many TSX-listed companies are feeling the pressure from global trade tensions and economic headwinds, Celestica is proving to be a clear exception. The Toronto-based electronics manufacturing services provider is not only weathering the storm — it’s outperforming expectations and setting the stage for further growth. By consistently beating its own forecasts and exceeding analyst…
The U.S. economy continues to show resilience in the face of trade tensions and elevated interest rates, with second-quarter GDP growth revised upward to an annualized rate of 3.3%, according to updated data released Thursday by the Bureau of Economic Analysis (BEA). This marks an improvement from the initial estimate of 3% and a strong…
Nvidia’s latest earnings report confirmed one thing: AI demand is still booming. Yet, surprisingly, Nvidia stock didn’t join the celebration. On Thursday, the broader market surged, with the S&P 500 hitting a new all-time high. Several AI-related stocks saw impressive gains, including chipmaker Micron (MU), industrial AI play GE Vernova (GEV), and Nvidia rival Broadcom…
