4 d. ago Trade war not impacting American visitation to Canada, so far

More Americans visited Canada this January than last January despite the U.S. trade war that has curbed tourism in the opposite direction

Economics

1 week ago Manitoba budget should address tariff woes: Chambers of Commerce

The Manitoba Chambers of Commerce CEO said other provinces have programs in place to help businesses impacted by the trade war, while companies here continue to struggle. 

Economics

1 week ago ECB’s Guindos says economic uncertainty higher now than during COVID

Several ECB policymakers have highlighted their worry about the impact of a brewing trade war

Science

2 w. ago Hope Mission says it’s helping record number of Edmontonians, fears impact of trade war

The Hope Mission says the record-breaking numbers of clients it is serving includes people needing shelters, meals and prevention programs.

Society

2 w. ago U.S. trade ‘crisis’ will drive up prices, Bank of Canada warns after rate cut

OTTAWA — Prices will rise, the economy will suffer and the Bank of Canada can’t lower interest rates enough to shield Canadians from the worst impacts of a prolonged trade war with the United States. That was the stark message Wednesday from the head of the Bank of Canada after the central bank delivered another […]

Economics

2 w. ago Interest rate cut to reduce the impact of trade war: CPA Canada’s chief economist

TORONTO, March 12, 2025 (GLOBE NEWSWIRE) — The Bank of Canada’s decision to cut its key interest rate aims at softening the impact of an escalating trade war with the U.S. as the Canadian economy begins to falter from its strong footing at the start of 2025. The trade uncertainty has spiked inflation expectations among […]

Economics

3 w. ago Ways Canadians can be more financially savvy amid tariffs and economic uncertainty

The tariffs against Canada have plunged the country into economic uncertainty.U.S. President Donald Trump officially slapped 25 per cent tariffs on all products from Canada and Mexico, including the 10 per cent tariffs on energy, on Tuesday.Since then, stock markets in the U.S. and Canada have continued to fall as Canadian businesses brace for the impacts of the trade war.In a press conference Thursday morning in Ottawa, Prime Minister Justin Trudeau was candid about the current situation."I can confirm that we will continue to be in a trade war that was launched by the United States for the foreseeable future," he said.So, what does this mean for the finances of everyday Canadians?Natasha Macmillan, director of everyday banking at Ratehub.ca, shared advice on how Canadians can prepare for a potential economic fallout and strengthen their finances.Build your emergency fundShe says your main priority should be building up your emergency fund if you're wo...

Economics

3 w. ago Trump, tariffs and potential European defense surge loom over European Central Bank meeting

FRANKFURT, Germany (AP) — The impact of a potential trade war with the United States and massive increases in European defense spending and government borrowing loom over a policy meeting Thursday at the European Central Bank, which is expected to cut interest rates by a quarter percentage point. Analysts are widely expecting a cut in […]

Economics

3 w. ago Tariffs Hit Mexican Peso as US Risks Shield Other EM Currencies

The Mexican peso slumped after US President Donald Trump imposed new import tariffs against the country, though other developing-nation currencies held their own amid concerns about the impact of the escalating trade war on growth in the world’s largest economy.

Economics