44 m. 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

90 m. 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

3 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

3 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

3 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

3 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

4 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

7 h. ago Navigating ‘uncharted’ waters: What Trump’s trade war could mean for Canadian ports

Halifax’s container traffic dropped 10 per cent last month, while Vancouver saw a near record number of oil tankers

Economics

11 h. ago UK’s Centrica to Raise Dividends as Utility Monitors Trade War

Centrica Plc will increase its dividends for the year, boosting returns to shareholders as it monitors the impact the trade war will have on the business.

Economics

22 h. ago US Airports Have Outlook Dinged by Moody’s on Trade Concerns

Moody’s Ratings has revised its outlook for the US airport sector to negative from stable, citing an expected hit to air travel from the global trade war as a key reason for its view.

Economics

23 h. ago U.S. interest rates holding steady as Fed warns of heightened ‘risks’

The U.S. Federal Reserve opted to keep interest rates unchanged in its latest monetary policy meeting, highlighting rising risk to employment and inflation amid the trade war

Other

25 h. ago David Eby to speak live following debrief on Trump, Carney White House meeting

Despite the ongoing trade war, U.S. President Donald Trump and Prime Minister Mark Carney appeared to get along well during their first face-to-face meeting at the White House.

Transport

26 h. ago Waratah Hedge Fund Embraces Gold as World Loses Faith in Dollar

Waratah Capital Advisors Ltd. is betting on gold to lift its returns this year as investors pile into the asset to shelter their wealth during the global trade war.

Other

32 h. ago Canadian Luxury Real Estate Strongholds Defy Trade War Turmoil

Montreal and Calgary resilient amidst national housing slowdown; Toronto’s ultra-luxury buyers defy market trends as Vancouver cools Toronto , May 07, 2025 (GLOBE NEWSWIRE) — 2025 First Quarter Highlights A fragile rebound in consumer confidence and real estate activity unravelled in the first quarter of 2025, as the escalating Canada–U.S. trade war and threats to […]

Economics

42 h. ago Top Trump officials to meet with Chinese counterparts amid trade war

WASHINGTON — Top U.S. officials are set to meet with a high-level Chinese delegation this weekend in Switzerland, the administration announced Tuesday, in the first major talks between the two nations since President Donald Trump sparked a trade war with stiff tariffs on imports. Treasury Secretary Scott Bessent and trade representative Jamieson Greer will meet […]

Economics

43 h. ago Top US officials will meet with Chinese delegation in Switzerland in first major talks of trade war

WASHINGTON (AP) — 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 since President Donald Trump sparked a trade war with stiff tariffs on imports. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will meet with their […]

Politics

44 h. ago WestJet cuts nine U.S. routes, including Vancouver to Austin

Many Canadians are still avoiding the U.S. because of the trade war and the anti-Canada rhetoric unleashed by President Donald Trump.

Transport

46 h. ago WestJet suspends nine U.S. routes as Canadians avoid America

The move underscores that many Canadians are still avoiding the U.S. because of the trade war and the anti-Canada rhetoric unleashed by President Donald Trump

Transport

51 h. ago Toronto home sales taking absolute nosedive and nobody wants to buy

While the trade war is expected to have some effect on Toronto area real estate, given the substantial blow it's posing to Canada's economy overall, the market has already been in the pits for years now, falling far from the days of quick, easy sales for well over asking price.Listings keep accumulating — putting Toronto at the top of the nation's list for most homes hitting the market — while sales are diminishing to rock bottom levels not seen in decades.April's numbers, just released by the Toronto Regional Real Estate Board (TRREB) on Tuesday, serve to reinforce fears that we may have yet to see the worst for local homeowners, many of whom vastly overpaid for the dream of owning a space of their own in the infamously overvalued city.Last month saw 23.3 per cent fewer homes changing hands across the Toronto area than in April of 2024, making for the worst non-pandemic April for sales in 29 years.The average selling price o...

Other

53 h. ago  London and area home sales are the latest casualty in the tariff and trade war between Canada and the U.S., as economic uncertainty has buyers “sitting on their wallets,” said the chairperson of the

London-area home sales are the latest casualty in the U,S.-Canada tariff and trade war.

Economics