3 h. ago How Trade War Can Elevate Mortgage Stress in Canada in Three Charts

The Bank of Canada warned that a severe and long-lasting global trade war may cause more mortgage borrowers to fall behind on their payments — even beyond levels reached in the global financial crisis.

Economics

3 h. ago Trump’s film tariffs could blow ‘massive hole’ in Canada’s economy

Watch: 'Instability is bad for any industry, but particularly for the film industry, and having this 'what if' looming over filmmakers is making people nervous'

Economics

4 h. ago Bank of Canada says trade war ‘poses greatest threat to Canadian economy’

The Bank of Canada is warning the trade war brought on by U.S. President Donald Trump's tariff policy poses a significant threat to the economy, according to the latest report

Economics

4 h. ago Trade war threatens progress made on financial stability, creating higher risks: BoC

The financial picture for Canadian households and businesses was showing signs of increased health until the United States started a trade war, the Bank of Canada said Thursday. The central bank says in its latest Financial Stability Report that at the start of the year, households had, on average, less debt relative to their income […]

Economics

18 h. ago Carney, premiers to meet in June to focus on ‘immediate trade pressures’

'That means launching big nation-building projects, removing internal trade barriers and building one Canadian economy,' Carney wrote

Economics

6 d. ago Reports paint grim picture of how a recession will impact Canada

Economists at yet another big global firm are sounding the alarm about the Canadian economy, warning of a forthcoming recession that will hit provinces like Ontario the hardest.Just days after Wells Fargo forecasted that the Great White North will fall into a recession sometime this year — news that was bolstered by a Financial Accountability Office (FAO) report saying Ontario in particular should prepare for a downturn — another big player in the financial services sector has released a similarly distressing economic outlook.Deloitte Canada is warning citizens that a further decline in GDP growth, "significant" downward economic pressure and "really soft economic activity" are on the way in 2025, with the next six to eight months looking particularly bad in the shadow of the U.S. tariffs that first kicked off in March.Along with a depletion of both exports and imports, especia...

Other

7 d. ago S&P/TSX composite index down, U.S. markets mixed on weakening economic data

TORONTO — Canada’s main stock index closed down Wednesday while U.S. markets were mixed as economic data showed signs of weakness on both sides of the border. Statistics Canada reported that the Canadian economy shrunk 0.2 per cent in February, though economists said harsh winter weather could be more to blame than tariff issues. In […]

Other

7 d. ago ‘Walking on a tightrope’: Deloitte predicts downturn for Canadian economy

According to the report, Canada’s economy is expected to take experience a 'modest downturn' over the second and third quarters of the year.

Other

8 d. ago Economy shrunk 0.2% in February, StatCan estimates 1.5% annualized growth for Q1

OTTAWA — Statistics Canada says the Canadian economy contracted in February but early signs suggest moderate growth in March. The agency says real gross domestic product decreased 0.2 per cent in February. That was driven by a 0.6 per cent decline for goods-producing industries, with mining, quarrying, and oil and gas extraction and construction contributing […]

Other

1 week ago Opinion: Want a more resilient Canadian economy? Double down on democratic employee ownership

Opinion: Canada is facing an unprecedented threat from an unpredictable and hostile U.S. administration. We need to do something new and different — fast

Other

1 week ago Canadian dollar could fall if minority federal government is elected, strategist says

Could force loonie down against U.S. dollar: Karl Schamotta

Politics

1 week ago Buy Canadian has to extend to aerospace and defence if Canada is to defend its borders

To be a meaningful contributor to allied readiness, Canada must go beyond procurement and sustainment

Events

1 week ago Marc Parent: Buy Canadian has to extend to aerospace and defence if Canada is to defend its borders

To be a meaningful contributor to allied readiness, Canada must go beyond procurement and sustainment

Events

2 w. ago The Canadian dollar is diving against other major currencies despite gaining against the greenback

The loonie is down 4.4% and 2.3% against the Swiss franc and the Japanese yen, respectively

Politics

2 w. 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

3 w. 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 w. ago Will the Bank of Canada cut interest rates again as trade war deepens?

Some analysts expect the central bank to cut its benchmark rate by 25 basis points, bringing it down to 2.5 per cent, while others expect the rate to be held steady.

Economics

3 w. ago The Canadian dollar is on the rise and that might not be a good thing

The Canadian dollar's current value is something of a change for the not-so-long-ago beleaguered currency

Other

3 w. ago Another Bank of Canada interest rate cut is on the way and here's what could happen

Amid times of economic uncertainty — an upcoming federal election and tense relations with the U.S. — Canadians are waiting for the next Bank of Canada (BoC) interest rate announcement.The central bank has made two 0.25 per cent cuts to its key interest rate so far this year, with the last one on March 12 bringing the rate to 2.75 per cent.That announcement came a week after U.S. President Donald Trump imposed a 25 per cent tariff on all Canadian goods, and Canada retaliated with counter-tariffs. The BoC claimed the Canadian economy entered the year in a "solid position," saying GDP showed robust growth, and inflation was finally close to the two per cent target.However, with economic aggression from the U.S., BoC officials predicted a slower pace of economic activity and increased inflationary pressures in Canada. The latter concern contributed to the decision to lower the policy rate by a quarter point.The last BoC update did not come with an extensive m...

Other

4 w. ago The next Canadian government will have to deal with an immigration system that has ‘lost its brand’

Canada’s reputation among economic immigrants has been hit in recent years

Politics