50 h. ago Dream Industrial REIT Reports Strong Q1 2025 Financial Results

This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. All dollar amounts are in Canadian dollars unless otherwise indicated. TORONTO — Dream Industrial Real Estate Investment Trust (DIR.UN-TSX) or (the “REIT” or “Trust” or “Dream […]

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9 d. ago Experts say Canada is now on the brink of an economic recession

Canada is headed towards a recession this year, and now is the time for Canadians to prepare for a financial downturn, according to a Wells Fargo report.In its International Economic Outlook: April 2025 report, the company highlights its economic forecast, stating that economies exposed to tariffs are expected to underperform."In that sense, we now believe Canada’s economy will enter technical recession this year," states the report. It also predicts that the Bank of Canada will likely ease interest rates due to concerns about inflation.However, tariffs aren’t the only factor that will have a direct impact on Canada's economy — the indirect effects of sentiment and confidence are also expected to contribute to the recession.And an already weak loonie is also likely to get even weaker.Wells Fargo predicts that the Canadian dollar "will be a relative underperformer.” According to currency exchange company XE, as of April 29, th...

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9 d. ago Canadian Dollar Edges Higher as Carney’s Liberals Win Election

Canada’s dollar rose against the greenback as Mark Carney was projected to win in the election, keeping the former central banker in the Prime Minister role and his Liberal Party in power.

Politics

9 d. ago Canadian Dollar Slips as Liberals Head for Only Narrow Victory

Canada’s dollar weakened against the greenback on speculation Mark Carney’s Liberal Party would achieve only a narrow election victory.

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1 week ago Canadian dollar could fall if minority federal government is elected, strategist says

Could force loonie down against U.S. dollar: Karl Schamotta

Politics

1 week ago Some Canadians exiting U.S. housing market amid sovereignty threats, economy

A weaker Canadian dollar and the changing political climate are among the reasons some are choosing to leave

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1 week ago Some Canadians sell their homes in U.S. amid sovereignty threats, economy

A weaker Canadian dollar and the changing political climate are among the reasons some are choosing to leave

Economics

2 w. ago The Liberal’s Promise to Extend Investment Incentive to Tech Could Mean $500 Million in New Private Investment

OTTAWA, Ontario — A new Liberal policy promise, could create a half-billion dollar economic boost for Canadian tech start-ups. The Liberals proposed to expand a 71 year old incentive program heavily used by mining companies. The Liberals described the measure as a way to “Supercharge” the economy. That is the exact description used by a […]

Economics

2 w. ago The Canadian dollar is diving against other major currencies despite gaining against the greenback

The loonie is down 4.4% and 2.3% against the Swiss franc and the Japanese yen, respectively

Politics

3 w. ago The Canadian dollar is on the rise and that might not be a good thing

The Canadian dollar's current value is something of a change for the not-so-long-ago beleaguered currency

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4 w. ago With recession fears looming, what comes next for the loonie?

As stock markets and commodities like oil ride a trade war roller coaster, the Canadian dollar has been showing resilience inching back above 70 cents USD. Where will it go next?

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