36 h. ago Tariffs and political tensions are causing fewer Americans to visit Canada

Canada has seen a slight dip in visitors from the U.S. as tensions between the two countries heighten due to tariffs and Donald Trump's presidency.Statistics Canada released its report on travel between Canada and other countries in February. It found that trips to Canada by Americans decreased by 5.3 per cent compared to the same time last year, to 1.1 million visitors."This marked the first year-over-year decrease in arrivals to Canada by U.S. residents since March 2021," reads the report. "Most of the trips taken in February 2025 by U.S. residents were made by automobile (72.8 per cent) or by air (24.2 per cent)."Americans visiting by car were down 6.5 per cent in February 2025 compared to 2024, which StatCan says marked the end of four consecutive months of year-over-year growth that began in October 2024. Over half of these arrivals were same-day trips.U.S. residents flying to Canada increased by 0.6 per cent compared to the same month last year.Whi...

Politics

66 h. ago Loblaws says groceries are about to get more expensive in Canada again

Shoppers can expect to see grocery prices continue to rise in Canada amid U.S. President Donald Trump's tariffs, according to a new report by Loblaw Companies Limited.The retailer, which owns major grocery chains like Loblaws, No Frills and Real Canadian Superstore, released its April food inflation report on Monday, following Statistics Canada's latest Consumer Price Index release last week.StatsCan reported that the country's inflation rate rose to 2.3 per cent in March, with food inflation spiking to 3.2 per cent.Loblaw says the 25 per cent tariffs slapped on Canada continue to challenge key sectors and lower consumer confidence.When the trade war between Canada and the U.S. began in March, the grocery giant told us that shoppers would not see an immediate impact on food prices."We expect a wide range of timing depending on the type of product, the current level of inventory, and the ability to find alternatives," said a Lo...

Other

1 week ago Statistics Canada reports February wholesale trade figures up 0.3 per cent

OTTAWA — Wholesale trade, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.3 per cent to $85.7 billion in February, Statistics Canada said Monday. The overall increase in sales came as just two of the seven subsectors posted gains. Statistics Canada said sales in the machinery, equipment and supplies subsector […]

Economics

1 week ago Statistics Canada reports February wholesale trade figures up 0.3%

OTTAWA — Statistics Canada says wholesale trade, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.3 per cent to $85.7 billion in February. The overall increase in sales came as just two of the seven subsectors posted gains. Statistics Canada says sales in the machinery, equipment and supplies subsector gained […]

Economics

2 w. ago London jobless rate improves, but U.S. tariffs toll hasn't yet hit

The London region’s unemployment rate improved in March as the local economy added 2,200 new jobs, a strong showing that doesn’t yet reflect the impact of the trade war between Canada and the U.S. The region’s jobless rate now sits at 5.9 per cent, down from February’s 6.6 per cent, Statistics Canada reported Friday. Including […]

Economics

3 w. ago US Trade Gap Shrinks on Export Boost as Imports Stay Elevated

The US trade deficit shrank in February from a record at the start of the year as stronger exports blunted the impact of a rush to secure goods and materials before the Trump administration’s sweeping tariffs.

Economics

3 w. ago Statistics Canada reports $1.5B trade deficit for February as exports fell

OTTAWA — Statistics Canada says the country’s merchandise trade balance fell to a deficit of $1.5 billion in February as exports fell. The federal agency says the result compared with a surplus of $3.1 billion in January. Total exports dropped 5.5 per cent to $70.1 billion in February as exports of energy products fell 6.3 […]

Economics