3 h. ago Canadians’ Economic Mood Is Worst Since 2020 After Trade Threats

President Donald Trump’s tariffs are rattling consumer confidence in one of the US’s largest trading partners, with 65% of Canadians saying they expect the economy to weaken over the next six months.

Economics

49 h. ago Half of Canadians and Americans think their countries are in a recession now: poll

OTTAWA — As Canada stares down U.S. President Donald Trump’s repeated threats of devastating tariffs, roughly half of Canadians and Americans believe their countries are in an economic recession right now, a new poll suggests. The results of the Leger survey — which polled both Canadians and Americans — suggest that Canadian and Americans hold […]

Other

53 h. ago Letters, Feb. 22, 2025: ‘Trudeau has us on track to the poorhouse’

Trudeau’s train to debt Justin Trudeau has created more debt than all previous Canadian prime ministers combined. Our grandchildren have been condemned to economic slavery forever paying off this obscene Trudeau debt. A prime minister who is about to be fired by his own Liberal Party, just gave all Canadians the finger with “Trudeau’s Train […]

Politics

69 h. ago Ottawa to remove half of its exceptions in Canadian Free Trade Agreement: source

Intended to improve interprovincial trade

Economics

69 h. ago Bank of Canada Sees Trade War Permanently Cutting Output by 2.5%

While Bank of Canada Governor Tiff Macklem insists there’s a limit to a monetary policy response to a tariff war, he has a clear view of the damage it could have on the Canadian economy.

Economics

2 d. ago Central bank has limited tools to mitigate trade war: Tiff Macklem

MISSISSAUGA, ONT. — Bank of Canada governor Tiff Macklem says the central bank doesn’t have a lot of tools in its toolbox to mitigate the devastating effects tariffs would have on the economy. In prepared remarks for a speech Friday, Macklem said if the U.S. imposes its threatened tariffs and Canada retaliates, Canadian economic growth […]

Economics

4 d. ago Tariffs bad news for economy but maybe not so much for homebuyers

The United States’ looming threat of tariffs on Canadian exports may be bad news for Canada’s economy, but it may not be as awful for homebuyers seeking to purchase with a mortgage. That’s one insight from a mortgage expert at Ratehub.ca, Penelope Graham. She noted in a recent report that the 25-per cent tariffs on […]

Economics

4 d. ago Loblaw is opening 80 new stores across Canada this year alone

It's set to be a big year for Loblaw Companies Limited as the company announced that it will open 80 new stores nationwide, creating thousands of jobs.In a Feb. 19 release, Loblaw said it's investing $2.2 billion into the Canadian economy in 2025, which is expected to create around 8,000 jobs. This is part of a bigger plan to invest $10 billion by 2030.The 80 stores set to open this year include No Frills, Maxi, Shoppers Drug Mart, Pharmaprix, T&T and 50 discount stores. Loblaw plans to modernize its supply chain, which includes opening a 1.2 million sq. ft. facility in East Gwillimbury, Ontario.The company will also update over 300 existing grocery stores and pharmacies. In addition, 100 pharmacy care clinics will be added to its Shoppers Drug Mart locations.Loblaw announces expansion and renovation of hundreds of stores and people are livid https://t.co/GGQ1LFkfeZ— blogTO (@blogTO) February 24, 2024Currently, Loblaw owns over 2,400 stores across ...

Other

5 d. ago Weaker Canadian dollar leaves ‘thumbprints all over’ inflation report, says Rosenberg

Cost of items susceptible to a weaker loonie registered increases, economist says

Economics