5 h. ago CREA downgrades housing market forecasts due to tariffs, economic uncertainty

Total Canadian sales fell 9.3% year-over-year in March on a non-seasonally adjusted basis

Economics

24 h. ago Albertans sunnier about finances in major turnaround, MNP survey says

Lindsay Burchill, a licensed insolvency trustee at MNP, ascribes the improvement to three different factors

Politics

29 h. ago Canadians cutting spending, delaying purchases amid tariff turmoil: MNP survey

CALGARY — A survey from insolvency firm MNP Ltd. suggests Canadians’ outlook for their personal finances has brightened even as they’ve taken steps to cut their expenses amid economic turmoil. The latest MNP Consumer Debt Index conducted by Ipsos rose nine points to 88 this quarter over the previous one. It says about three quarters […]

Economics

30 h. ago MNP Consumer Debt Index Rebounds (+9 Pts) as Canadians Take Steps to Safeguard their Finances Amid Economic Uncertainty

Three-Quarters of Canadians Have Cut Spending (74%) or Postponed Major Purchases (73%), Signaling a Broader Shift Toward Financial Caution    CALGARY, Alberta, April 14, 2025 (GLOBE NEWSWIRE) — As Canadians take steps to safeguard their finances amid ongoing economic uncertainty, the MNP Consumer Debt Index—conducted quarterly by Ipsos—has rebounded to 88 points this quarter, marking […]

Economics

31 h. 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 d. ago Spain’s prime minister visits China to strengthen ties with Trump’s top tariff target

MADRID (AP) — Spain’s Prime Minister Pedro Sanchez is visiting China on Friday, his third trip to the country in two years as his government seeks to boost investment from the Asian giant amid global economic uncertainty caused by a chaotic U.S. tariff policy. Sanchez met with Chinese President Xi Jinping and was expected to […]

Politics

5 d. ago Mexican Central Bank Says US Trade Tariffs Can Undercut Economic Growth Outlook

Mexico central bank members see odds of a weaker economy this year due in part to US tariff uncertainty, an outlook that incorporates greater chances of recession but can help tame inflation.

Economics

6 d. ago Trump pauses tariffs on 75 countries for 90 days, raises China rate to 125%

The pause was announced hours after his global tariff policy took effect, capping a chaotic week for global financial markets and uncertainty about the world economy.

Economics

6 d. ago Trump pauses 75 countries’ ‘reciprocal’ tariffs, raises China rate to 125%

The pause was announced hours after his global tariff policy took effect, capping a chaotic week for global financial markets and uncertainty about the world economy.

Economics

6 d. ago Australia Treasurer Calls Emergency Meeting on Trump Tariffs

Treasurer Jim Chalmers will meet with Australia’s top economic figures in the face of growing global uncertainty sparked by US President Donald Trump’s reciprocal tariffs regime. This follows similar meetings late Tuesday with the heads of Australia’s big banks and super funds.

Economics

7 d. ago A 'milestone' or 'the wrong optic'? Burnaby votes to fund trip to sister city in Japan

Visits between the sister cities have happened several times in the past. But the current economic uncertainty in Canada has led to a split on Burnaby city council.

Events

8 d. ago Ontario defers tax collection for businesses amid Trump tariff fallout

With the ongoing economic uncertainty created by Donald Trump’s tariffs, the Ontario government says it is deferring a number of taxes for businesses.

Economics

8 d. ago What is B.C.'s energy future? Liberals, Conservatives 'offer two different visions'

As U.S. President Donald Trump sows economic uncertainty with tariffs, the issue of how Canada develops its energy sector is particularly relevant in this Canadian election

Other

1 week ago Varcoe: 'Market is fearful' — Global trade war, increased OPEC production shock oil prices, stocks

“There's a lot of uncertainty around how this is going to impact the global economy”

Economics

1 week ago Premier Scott Moe to speak to reporters about Saskatchewan’s response to U.S. tariffs

Moe's visit to Europe occurred as the Canadian economy continues to face uncertainty because of tariffs the U.S. has already imposed on some Canadian goods entering the U.S.

Economics

1 week ago Bank of Canada April rate cut still in play as job market weakens, economists say

Tariff uncertainty to continue to weigh on economy and hiring

Other

1 week ago Atlantic premiers hold the line on retaliatory measures, citing tariff uncertainty

Premiers in the Atlantic region say economic uncertainty remains even though Canada was left out of the latest round of global U.S. tariffs.

Economics

1 week ago Calgary could become 'innovation capital' under bold roadmap

Four years in the making, the new strategy came as sweeping tariffs were averted with Canada's closest ally

Economics

1 week ago Amid tariff uncertainty, Calgary could become 'innovation capital' under bold road map

Four years in the making, the new strategy came as sweeping new levies were averted with Canada's closest ally

Economics

2 w. ago The urgent need to solve the ‘cost to build crisis’ in the GTA this election 

As economic uncertainty looms, with the ongoing U.S. tariff threats and geopolitical turmoil, the stakes in this federal election are high for Canada’s economic and societal future. To put it plainly, now more than ever is the time for governments to invest in housing. Building homes in the GTA builds our country’s economy, protects Canadian […]

Politics