Disappointing employment numbers from both Canada and the U.S. have significantly increased the chances of interest rate cuts from central banks this month, with a U.S. Federal Reserve cut now seen as virtually certain, says Earl Davis, head of fixed income and money markets at BMO Global Asset Management. Canada’s unemployment rate climbed to 7.1%…
Prime Minister Mark Carney announced Friday that the federal government’s 2026 electric vehicle (EV) sales target will be paused, launching a comprehensive review of the mandate as part of a broader strategy to support Canadian industries affected by new U.S. tariffs. Speaking in Mississauga, Ontario, following a two-day cabinet retreat focused heavily on economic planning,…
Gold soared to a new record high on Friday following a weaker-than-expected U.S. jobs report, strengthening expectations that the Federal Reserve may cut interest rates later this month. The precious metal jumped as much as 1.5%, surpassing $3,600 an ounce for the first time, extending a sharp rally this week driven by growing bets on…
Prime Minister Mark Carney announced on Friday that Canada’s federal electric vehicle (EV) sales mandate will be delayed by at least one year. Originally set to take effect in 2026, the policy would have required 20% of all new vehicle sales to be electric or plug-in hybrid models. Also Read: AI Tech Stocks Canada The…
Canadians were hit with more discouraging economic news this week, as 2026 salary growth projections were revised down to just 3.1%, reflecting ongoing employer cost-cutting. With wage increases slowing and the job market showing signs of strain, many households are looking for ways to bridge the financial gap. That’s where dividend stocks can play a…
Canada’s labour market experienced its sharpest downturn of the year in August, losing a net 65,500 jobs and pushing the unemployment rate up to 7.1 per cent, according to Statistics Canada. This marks the highest jobless rate since 2016, excluding the pandemic period, and adds to mounting pressure on the Bank of Canada (BoC) to…
Building a long-term portfolio with Canadian stocks requires a careful blend of stability, sustainable growth, and resilience to economic cycles. For investors looking north, the Canadian market offers a diverse mix of blue-chip companies, dividend champions, and growth leaders that can provide attractive returns while weathering market swings. Why Canadian Stocks Deserve a Place in…
Canada’s financial landscape in 2025 has been marked by shifting global dynamics, domestic policy adjustments, and signals of cautious optimism among market watchers. As the country navigates a world shaped by heightened international trade tensions and evolving monetary policy, several trends and updates stand out for investors, businesses, and households alike. Lower interest rates continue…
Undervalued Stocks in the Canadian Market: Top Picks for 2025 Navigating Canada’s stock market in 2025 means looking beyond the headlines and uncovering solid companies temporarily overlooked by investors. As economic uncertainty, sector rotation, and shifting consumer habits disrupt traditional valuations, opportunities abound for those willing to dig deeper. Here’s a closer look at some…
Buying a stock after it’s already surged can feel risky — and often is. Many stocks that skyrocket quickly end up falling just as fast, especially if their valuations are inflated and their growth stories start to fade. That’s why it’s critical to look beyond hype and focus on the fundamentals. One standout on the…
Amid slowing salary growth and a softening job market, many Canadian households are feeling the financial pinch. With salary increases for 2026 projected to slow to just 3.1% as employers tighten budgets, the need for alternative income sources is growing. That’s where dividend stocks—especially resilient ones—can play a critical role, and Pembina Pipeline Corp. (TSX:PPL)…
Canada’s services sector shrank for the ninth consecutive month in August, as lingering uncertainty over U.S. tariffs continued to weigh on export demand and overall business confidence, according to S&P Global’s latest Purchasing Managers’ Index (PMI) data released Thursday. Also Read: Reliable TSX dividend stocks 2025 The headline Services Business Activity Index fell to 48.6…
Canada’s trade deficit narrowed in July, thanks to a rise in exports to the United States—driven largely by increased shipments of crude oil and passenger vehicles—according to data released by Statistics Canada on Thursday. The country posted a merchandise trade deficit of C$4.94 billion ($3.57 billion) for the month, an improvement over June’s C$5.98 billion…
Canadian exporters have largely avoided the brunt of former U.S. President Donald Trump’s tariffs, thanks to the stabilizing role of the Canada-U.S.-Mexico Agreement (CUSMA), according to RBC economists Nathan Janzen and Claire Fan. In a recent analysis, they describe CUSMA as a key safeguard that has preserved the flow of cross-border trade even amid unpredictable…
If you’re looking for a reliable, long-term Canadian stock to buy and hold, Granite Real Estate Investment Trust (TSX:GRT.UN) should be at the top of your list. While it may not generate buzz like tech or crypto stocks, Granite quietly checks all the boxes that long-term investors care about: dependable income, consistent growth, and resilience…
