36 h. ago McDonald: No place like home for Canadian tourists as U.S. suffers

Moira A. McDonald, Ann-Kathrin McLean Global attitudes towards the United States as a tourism destination are plunging. Travel pressures, exchange rate shifts and increasing economic uncertainty have all damaged the reputation of the American travel sector. Canadian travellers are increasingly turning to domestic destinations instead of heading south. In July, Canada recorded its seventh consecutive […]

Society

36 h. ago McDonald: No place like home for Canadian tourists as U.S. feels pinch

Moira A. McDonald, Ann-Kathrin McLean Global attitudes towards the United States as a tourism destination are plunging. Travel pressures, exchange rate shifts and increasing economic uncertainty have all damaged the reputation of the American travel sector. Canadian travellers are increasingly turning to domestic destinations instead of heading south. In July, Canada recorded its seventh consecutive […]

Society

36 h. ago Ward Karhiio: Constituents voice concerns over safety, property taxes and zoning for incumbent Keren Tang

Tang said while she understand why some people have become frustrated with the current council she said there's been a number of factors such as population growth, economic challenges and uncertainty

Economics

8 d. ago Hiring stalls in U.S. with companies reluctant to expand in an uncertain economic landscape

WASHINGTON — U.S. employers added just 22,000 jobs last month as the labour market continued to cool due to uncertainty over President Donald Trump’s economic policies. Hiring decelerated from 79,000 in July, the Labor Department said Friday, and came in below the roughly 80,000 economists had expected for August. The unemployment rate ticked up to […]

Economics

9 d. ago RBC Hires Citi’s Ruffini in London Amid Global Fight for Bankers

Royal Bank of Canada hired Ron Ruffini from Citigroup Inc. as a managing director at the company’s London office, part of a broader push by global firms to snap up bankers and traders.

Other

9 d. ago Toronto Home Prices Keep Sliding as Buyers See Jump in Listings

Toronto home prices declined again in August as persistent economic uncertainty and a glut of inventory weighed on the market.

Economics

1 week ago U.S. tariff uncertainty delays economic ‘power’ Lutnick predicted

President Donald Trump’s latest legal setback on tariffs increases uncertainty for American importers while delaying the economic dividends Commerce Secretary Howard Lutnick predicted the administration would generate. The U.S. appeals court ruling late Friday saying that most of Trump’s tariffs are illegal add a layer of complexity while questioning the president’s authority to impose taxes […]

Economics

2 w. ago Royal Bank maintaining ‘prudent posture’ amid trade uncertainty, economic resilience

The chief risk officer at Royal Bank of Canada says the money it sets aside for potential loan losses is expected to remain elevated for the next few quarters as trade tensions persist, though the economy is showing signs of resilience. “In the ongoing uncertainty this quarter, we have maintained our prudent posture and retained […]

Economics

2 w. ago National Survey Finds Canadian Small Business Confidence Plunges to 58% as Costs Soar and Economic Uncertainty Bites

Zensurance Small Business Confidence Index Reveals Mounting Pressure on Entrepreneurs as Economic Conditions Tighten TORONTO, Aug. 27, 2025, Aug. 27, 2025 (GLOBE NEWSWIRE) — According to the 4th annual Small Business Confidence Index from Zensurance, Canada’s leading small business insurance provider, confidence among Canadian small business owners has taken a steep dive this year, with […]

Economics

2 w. ago Royal Bank reports Q3 profit rose to $5.4 billion, revenue also up

TORONTO — Royal Bank of Canada reported a third-quarter profit of $5.4 billion, up from $4.5 billion in the same quarter last year. The bank says the profit amounted to $3.75 per diluted share for the quarter that ended July 31, up from a profit of $3.09 per diluted share a year earlier. Revenue totalled […]

Economics

2 w. ago RBC Beats Earnings Estimates on Growth Across Its Biggest Units

Royal Bank of Canada beat estimates on strong performance across its biggest businesses and as the firm set aside less money than expected to cover possible loan losses, a rebound from notable misses on credit earlier this year.

Other

2 w. ago ‘Uncertainty meter has gone down’: Bank execs hope for economic ‘green shoots’ after earnings top expectations

BMO CEO says he is more confident in the outlook for Canada than he was six months ago though 'uncertainty persists'

Events

2 w. ago Ontario invests over $2.6M in two London groups for trades training

This is a way to provide tools and training needed for in-demand skilled trades jobs, combating the effect of U.S. tariffs and economic uncertainty, Queen's Park said.

Economics

3 w. ago Banks head into Q3 results with high valuations, overhang of economic uncertainty

TORONTO — Canadian bank stocks are riding high after largely shrugging off economic concerns, but analysts are starting to wonder if their third-quarter results coming next week will test optimism around the sector. After losing ground along with the rest of the stock market in early April following U.S. President Donald Trump’s tariff announcements, the […]

Other

3 w. ago CPABC: Cariboo’s housing market resilient in the face of economic uncertainty

PRINCE GEORGE, British Columbia, Aug. 21, 2025 (GLOBE NEWSWIRE) — According to BC Check-Up: Live, an annual report by the Chartered Professional Accountants of British Columbia (CPABC) on demographic and affordability trends across the province, the Cariboo region added 2,098 residents in 2024. “Annual population growth slowed to 1.2 per cent as we lost more […]

Transport

3 w. ago Canada isn’t in a housing slump — Ontario is, RBC analysis shows

Ontario’s lag in housing construction was at 'the root of the housing crisis' in Canada, new analysis by the Royal Bank of Canada shows.

Other

3 w. ago Skyrocketing number of people in Ontario are defaulting on housing and other bills

Ontario is once again leading the charge for consumer debt in Canada, with a growing number of residents failing to pay off their mortgages, credit cards and other bills. And the problem is, as you might have expected, worst in and around the exorbitant hub of Toronto.A new report from Equifax Canada shows that the number of people in the province who have defaulted on their required monthly credit payments for 90 days or more has shot up by 29.8 basis points during the last few months (compared to the same time last year), which is 15.2 points higher than the national average.In the GTA specifically, meanwhile, this figure surged by a whopping 39.1 basis points — something the firm attributes to the region being among those "most heavily impacted by high cost of living, economic uncertainty, and exposure to the auto and steel sectors."Equifax CanadaAs it stands now, the average person in...

Other

3 w. ago BOK’s Rhee Flags Trade, Growth Risks Ahead of Policy Meeting

South Korea’s economy rebounded in the second quarter but still faces high levels of uncertainty from US trade talks with major economies, Bank of Korea Governor Rhee Chang Yong said ahead of next week’s policy decision.

Economics