5 h. ago First Shockwaves of Trump’s Tariffs Are About to Hit the World Economy

Three weeks after US President Donald Trump effectively declared a trade war with the whole world, new economic forecasts and surveys will point to the initial fallout.

Economics

14 h. ago Unpacking the Bank of Canada’s pause: FP Video talks to the economists

Watch analysis on Canada's energy outlook, the housing market and more

Other

16 h. ago Charting the Global Economy: ECB Cuts Rates While Canada Holds

The European Central Bank and Bank of Canada opted for different policy responses to an escalating trade war, while both acknowledged growing risks to economic growth.

Culture

54 h. ago Borrowers left waiting for more relief after Bank of Canada holds

The benchmark prime rate stuck at 4.95%

Other

56 h. ago The trade war is rocking economies. Get your ‘houses in order,’ IMF urges

The International Monetary Fund is forecasting slower global growth and urges countries to get their 'houses in order,' though it notes a global recession is unlikely.

Economics

65 h. ago Renewing your mortgage? What Bank of Canada’s rate hold means for you

According to a recent Royal LePage report, 1.2 million mortgages will be up for renewal in Canada this year. Here's what the Bank of Canada's rate hold means for them.

Events

2 d. ago Pipelines, the trade war and ‘Harry Potter’ financials: The key economic takeaways from the first leaders’ debate

All party leaders vowed that supply management would not be touched, despite concessions being made on the three last trade deals negotiated by Canada

Politics

3 d. ago S&P Downgrades Quebec for First Time Since 1990s After Budget

S&P Global Ratings downgraded Canada’s second-largest province as the trade war with the US begins to hurt economic growth and government finances.

Other

3 d. ago Rate hold means status quo for Canada’s struggling housing market: Experts

Real estate watchers say the Bank of Canada’s decision to hold its key policy rate steady at 2.75 per cent will likely keep a sluggish housing market at the status quo. Wednesday’s announcement marked the first time the central bank has left the benchmark rate unchanged following seven consecutive cuts since June.  Ratesdotca mortgage and […]

Other

3 d. ago Bank of Canada Holds at 2.75%, Seeks More Clarity on Tariffs

The Bank of Canada paused its interest rate cutting cycle and said policymakers “will proceed carefully” as they wait to see how US President Donald Trump’s trade policy takes shape.

Economics

3 d. ago Bank of Canada holds interest rates: Read the official statement

Rate remains at 2.75%

Other

3 d. ago Bank of Canada holds interest rate steady for first time in 2025

The Bank of Canada (BoC) announced that it's holding its policy rate at 2.75 per cent on Wednesday morning.Before this, the central bank had made two 0.25 per cent cuts to its key interest rate, with the last one on March 12 bringing the rate to 2.75 per cent.On Tuesday, Statistics Canada shared March inflation data, showing that inflation slowed to 2.3 per cent following a 2.6 per cent increase in February.Last week, Ratehub.ca mortgage expert Penelope Graham told us that while Canada had largely dodged the worst of the tariff pain, the BoC's policymakers would assess the impact on our trade partners, and the effect at home, to make a decision on April 16.She said the central bank would be weighing plummeting consumer and business sentiment, based on its own quarterly survey.Upcoming Bank of Canada rate announcementsKeep an eye on the Bank of Canada website at 9:45 a.m. on the following dates:Wednesday, June 4, 2025 (rate update only)Wednesday, July 30, 2025 (rate up...

Other

3 d. ago Bank of Canada holds key rate steady amid trade war, economic uncertainty

OTTAWA — The Bank of Canada left its benchmark interest rate unchanged Wednesday as it waits to get a clearer picture of how global trade uncertainty is going to impact the Canadian economy.  The central bank held its policy rate steady at 2.75 per cent, the first time it has left the key rate unchanged […]

Economics

3 d. ago Oil Steadies With Glut Expectations, Trade War Souring Outlook

Oil steadied after a modest decline on Tuesday as expectations for a glut, and the trade war between the world’s two biggest economies weighed on the demand outlook.

Economics

4 d. ago Bank of Canada Likely to Pause to Assess Tariff Hit: Decision Guide

The Bank of Canada is likely to hold interest rates steady on Wednesday as officials take stock of the damage posed by US President Donald Trump’s trade war.

Economics

4 d. ago Markets, economists see Bank of Canada holding rate despite inflation surprise

Economists weigh in after inflation cools more than expected

Economics

5 d. ago Financial Crisis Is One Scenario in US Trade War, Scope Ratings Says

US President Donald Trump’s trade war may have already inflicted persisting economic damage and could still lead to a financial crisis, according to Scope Ratings.

Economics

8 d. ago Here’s what some exporters in China say about Trump’s trade war

YIWU, China (AP) — The trade war between the world’s two largest economies is escalating as China on Friday slapped a 125% tariff on U.S. goods in response to President Donald Trump’s 145% tariff on Chinese products. Caught in the crosshairs are businesses that are part of the more than $582.4 billion trade between the […]

Economics

8 d. ago European Stocks Edge Higher With Index Set for Third Weekly Loss

European stocks rose, paring some of this week’s losses, with investors cautious about the economic effects from the US and China trade war.

Economics

9 d. ago Trade War Risks Copper Investments Needed to Meet Future Demand

The copper industry is turning attention to how the escalating trade war between the world’s biggest economies will affect investments needed to meet future demand for the wiring metal.

Economics