11 h. ago Rising unemployment a ‘harsh reality’ of the trade war, experts say

Canada's job market continues to show weakness amid the trade war and companies are slowly shedding jobs to reduce the financial impacts of tariff policies.

Economics

11 h. ago Air Canada lowers financial forecast as U.S. bookings fall sharply amid trade war

MONTREAL — Air Canada lowered its financial forecast for the year as travellers continue to shy away from trips to the United States amid cross-border tensions, pushing the country’s largest airline to hunt for demand elsewhere. The company’s transborder bookings have dropped at least 13 per cent — “in the low teens” — for the […]

Economics

13 h. ago Looking to buy a house in Canada amid trade war? What RBC report is telling us about the real estate market

Trade war anxiety and a looming threat of recession have led to notable shifts, according to economists

Economics

17 h. ago Unemployment rate rises to 6.9% in April as trade war hits factory jobs

OTTAWA — The national unemployment rate ticked up to 6.9 per cent in April as the manufacturing sector started to strain under the weight of tariffs from the United States, Statistics Canada said Friday. The Canadian economy added 7,400 jobs last month, the agency said, slightly outpacing economist expectations for a gain of 2,500 positions. […]

Economics

19 h. ago Trump floats cutting China tariffs to 80% ahead of meeting as he looks to deescalate trade war

WASHINGTON (AP) — President Donald Trump on Friday floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting as he looks to deescalate the trade war. Top U.S. officials are set to meet with a high-level Chinese delegation this weekend in Switzerland in the first major talks between the two nations […]

Economics

19 h. ago Air Canada Lowers 2025 Outlook as Travel to US Cities Declines

Air Canada trimmed its profit forecast for 2025 as President Donald Trump’s trade war slows the economy and discourages some Canadians from traveling to the US.

Other

23 h. ago Germany’s DAX Index Heads for Record, Erasing Tariff Retreat

Germany’s DAX Index became the first European gauge to surpass its March record high, recouping all declines sparked by US President Donald Trump’s trade war.

Economics

23 h. ago Germany’s DAX Index Hits Record High After Tariffs Round Trip

Germany’s DAX Index became the first major European gauge to surpass its March record high, recouping all declines sparked by US President Donald Trump’s trade war.

Economics

33 h. ago U.S. and Canadian Trade War Goes Full Contact: Zone·ify Presents a TNA Produced Wrestling Event “The Border Brawl”– Where Diplomacy Ends and Body Slams Begin

“The Border Brawl” will stream live on May 25 from the Canada / USA border in Niagara Falls, Canada, exclusively for free on Zone·ify The event features wrestling icons Brutus “The Barber” Beefcake, “The Mountie” Jacques Rougeau, Barbie Blank “Kelly Kelly,” UFC’s Quinton “Rampage” Jackson, and many others Starting next week, tickets will be on […]

Economics

34 h. ago Could trade war curtail B.C. fans visiting Blue Jays series in Seattle this weekend?

Mariners rep admits that “we’ve heard anecdotally that less fans are making the trip from Canada this year"

Economics

34 h. ago Is the trade war stopping B.C. fans from seeing the Blue Jays in Seattle this weekend?

Mariners rep admits that “we’ve heard anecdotally that less fans are making the trip from Canada this year"

Economics

35 h. ago Trump claims the U.S. subsidizes Canada – experts say numbers don’t add up

Newly-elected Canadian Prime Minister Mark Carney visited the White House on Tuesday in search of common ground during an ongoing trade war that has shattered decades of trust between the his country and the U.S. Although the conversation was civil, President Donald Trump repeated erroneous rhetoric about how the U.S. provides Canada with billions of […]

Other

35 h. ago Auto Parts Maker Linamar Emerges as Surprise Winner From Trump’s Tariffs

Canadian auto parts maker Linamar Corp., once thought to be a casualty of President Donald Trump’s tariffs on cars and metals, says it’s now a possible beneficiary of the trade war.

Economics

37 h. ago Canada’s housing market is ‘cracking’ under Trump’s trade war: report

The sharpest pullback in people getting into the housing markets has been in southern Ontario and British Columbia, RBC economist Robert Hogue said.

Economics

38 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

40 h. ago M&A may have to wait amid trade war, but WSP Global CEO sanguine as profits rise

MONTREAL — WSP Global Inc. remains largely insulated from tariff fallout and cost-cutting by the U.S. government, but acquisitions at the engineering giant may have to take a back seat amid broader economic uncertainty, says chief executive Alexandre L’Heureux. “The worst thing that can happen for an M&A environment to be prosperous is to have […]

Economics

40 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

40 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

40 h. ago Bank of Canada warns Trump’s tariffs could trigger ‘market dysfunction’

Financial stability report says global trade war could lead to severe economic consequences for Canada

Economics

41 h. ago From Apple to GM, Tariffs to Cost Companies Tens of Billions

From Apple Inc. to General Motors Co., corporate America is bracing for tens of billions of dollars in damages from Trump’s trade war — and that’s before most affected goods have landed.

Economics