6 d. ago Canadian and U.S. stock markets soar in early trading after Trump comments

Markets also reacted to comments from the U.S. Treasury Secretary who said the ongoing tariffs showdown with China is unsustainable

Economics

7 d. ago Canadian and U.S. stock markets soar in trading after Trump comments

Stock markets in Canada and the U.S. soared in early trading after U.S. President Donald Trump said he would not attempt to fire the head of the Federal Reserve. Trump said Tuesday he had no intention of firing Jerome Powell. The U.S. president had previously insinuated otherwise as he said he could fire Powell if […]

Economics

1 week ago Canadian Investment in US Stocks Hit Record in February Despite Trade Tension

Canadians poured a record amount into US equities in February, even as a movement to boycott US products and vacations gained momentum.

Economics

2 w. 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

2 w. ago Canadian and U.S. stock markets fell at the start of trading

TORONTO — Canadian and U.S. stock markets fell at the start of trading, giving up some of the gains made Wednesday after U.S. President Donald Trump’s partial tariff pullback The S&P/TSX composite index was down 571.79 points at 23,155.24. In New York, the Dow Jones industrial average was down 700.78 points at 39,907.67. The S&P […]

Economics

3 w. ago Canadian, U.S. stocks see turnaround a day after tariff turmoil

Markets had fallen significantly starting last Thursday as they reacted to Trump's sweeping round of tariffs on a wide swath of countries.

Economics

3 w. ago Canadian, U.S. stock markets shoot higher at start of trading

TORONTO — Stock markets in Canada and the U.S. shot higher in early trading as they looked to regain some of the ground lost following U.S. President Donald Trump’s tariff announcement last week. The S&P/TSX composite index was up more than 400 points just after the open, while the Dow Jones industrial average gained more […]

Economics

3 w. ago S&P/TSX composite up more than 300 points, U.S. stock markets also climb

TORONTO — Stock markets in Canada and the U.S. shot higher in early trading as they looked to regain some of the ground lost following U.S. President Donald Trump’s tariff announcement last week. The S&P/TSX composite index was up 353.38 points at 23,212.84 shortly after markets opened In New York, the Dow Jones industrial average […]

Economics

3 w. ago Shine Is Off Canadian Stocks as Tariff Drama Hurts Tech and Gold

Investment fund managers who pitched Toronto-listed stocks as a place to hide from a US technology downturn have changed that advice because of President Donald Trump’s tariffs.

Economics

3 w. ago Canada Minister Wants LNG Canada Doubled, Eyes Western Pipeline Upgrade

Canada’s government supports doubling the scale of an already-huge natural gas project on the west coast and now sees it as “likely,” according to its resources minister, as the country pushes to diversify exports away from a hostile US.

Politics

3 w. ago Stocks are plunging and that may only be the start of the pain for Canadian consumers

'This is the biggest realignment in global trade ever'

Economics

3 w. ago Steep drop in global crude prices drag down Canadian energy stocks

CALGARY — Fears of a tariff-driven recession have led to a steep drop in the price of crude oil, walloping Canadian energy stocks and stoking worry about the sector’s outlook should the weakness persist. West Texas Intermediate crude, the key U.S. benchmark, dropped as low as US$60.45 per barrel on Friday, recovering some ground by […]

Economics

3 w. ago Sharp drop in global crude oil prices drags down Canadian energy stocks

West Texas Intermediate crude, the key U.S. benchmark, dropped as low as US$60.45 per barrel today.

Economics

3 w. ago Canadian energy stocks dragged down by steep drop in global crude oil prices

If crude price drop ends up being sustained, oilpatch may throttle back spending plans, expert says

Economics

3 w. ago TSX down almost 1,000 points, U.S. markets sink for second day

Canadian and U.S. stock markets continue to be roiled by U.S. President Donald Trump’s tariff plans as they plunged for a second day Friday. The S&P/TSX composite index was down close to 1,000 points, or four per cent, in late-morning trading after also closing down four per cent Thursday. In New York, the Dow Jones […]

Other

3 w. ago Canadian Stocks Dodge Tariffs, Get Double Upgrade at Scotiabank

Canada’s stock markets should outperform after avoiding the worst of US President Donald Trump’s tariffs, Scotiabank says.

Economics

3 w. ago Canada and Mexico, Early Trump Targets, Dodge The Worst of New Tariff Salvo

Canada and Mexico escaped President Donald Trump’s new round of tariff announcements, a relief for businesses and investors in the two biggest US trading partners.

Economics

3 w. ago Companies preparing for tariff turbulence as U.S. set to announce latest round

TORONTO — Impending U.S. tariffs have pushed Canadian companies to stockpile goods, cut back staff, put projects on hold and whatever else they think will help them survive the economic turmoil ahead. U.S. President Donald Trump is set to unveil his administration’s latest tariffs on numerous countries later today, but it’s unclear what their scope […]

Economics

4 w. ago Breakenridge: Premier can't dodge criticism for response to U.S. tariff threat

Smith positions herself as an 'I’m going to do it my way and I don’t care if you don’t like it' sort of politician, but gets rather defensive when people don’t like what she’s doing

Economics