14 h. ago RBC economist says housing affordability could improve, tariffs a complication

Home building is up in Calgary but tariffs could still play a part in housing inflation

Economics

50 h. ago Colby Cosh: Trump abandons consumer abundance for a surprise austerity agenda

The president's tariff war shrank the economy — and now, he's telling Americans to be happy with less

Other

3 d. ago S&P/TSX composite closes up more than 200 points, U.S. markets also higher

TORONTO — Canada’s main stock index closed higher Friday, though not as much as U.S. markets which got a boost from a positive jobs report. The April non-farm payroll data came in better than expected, helping ease fears over the impact of tariffs on the U.S. economy, said Pierre-Benoit Gauthier, vice-president of investment strategy at […]

Other

4 d. ago Asian shares rise as China says it’s considering US overtures on Trump’s tariffs

HONG KONG (AP) — Asian markets advanced Friday after China’s Commerce Ministry said Beijing is evaluating overtures from the U.S. regarding President Donald Trump’s tariffs. Futures and oil prices advanced. Hong Kong’s Hang Seng surged 1.7% to 22,493.96, while markets in Shanghai were closed for a public holiday. Taiwan’s benchmark jumped 2.2%. An unnamed Chinese […]

Economics

4 d. ago Tariffs to have ‘greatest negative impact’ on U.S. economy, says JPMorgan survey

Stagflation a greater worry than recession for investors

Economics

4 d. ago Tariffs to have ‘greatest negative impact’ on U.S. economy of all Trump’s actions, says JPMorgan investor survey

Stagflation a greater worry than recession

Economics

4 d. ago Ontario sets date for 2025 budget in economy shaped by tariff threat

Ontario Finance Minister Peter Bethlenfalvy confirmed during question period at Queen's Park on Thursday that he would table the budget on May 15.

Economics

5 d. ago Stock markets drop on news that U.S. economy shrank amid tariffs

Such data raises the threat of a worst-case scenario called 'stagflation,' one where the economy stagnates yet inflation remains high.

Economics

5 d. ago How U.S. tariff uncertainty weighed on Bank of Canada’s latest rate move

The Bank of Canada is growing more cautious about interest rate policy as U.S. President Donald Trump's tariffs take effect on the economy, according to the latest report.

Economics

5 d. ago Bank of Canada considered cutting interest rate in April as Trump tariffs roiled markets

Summary of minutes shows some policymakers wanted more information on tariffs and their potential impact

Economics

5 d. ago Weak GDP report tied to tariffs has Trump trying to blame Biden on the state of the economy

WASHINGTON (AP) — President Donald Trump got worrisome news on Wednesday about how the U.S. economy is battening down for potential fallout from his tariffs — and he was quick to try to pin the blame on his Democratic predecessor, Joe Biden. The government reported that the U.S. economy shrank at an annual rate of […]

Politics

7 d. ago Mark Carney projected as winner of Canadian federal election

The 45th Canadian federal election results are in, and the Liberal Party of Canada, led by Mark Carney, is projected to form government.Either party needed 172 seats out of a possible 343 to form a majority.As of this article's publication, the count shows the Liberal Party of Canada winning 130 seats and the Conservative Party of Canada winning 89 seats. Many seats are left to be decided but several publications have now called a majority for Carney.Carney and Conservative leader Poilievre ran two very different campaigns, and U.S. President Donald Trump was a significant factor in political conversations leading to the election. Tariffs and the trade war took up considerable time on the campaign trail for both leaders.Trump even got involved on the morning of election day.As of the time of writing, the Liberal Party jumped to an early lead as results started to roll in, leading by 132 seats to 88 seats for Conservatives at one point. That ballooned as the day progressed.Lookin...

Politics

7 d. ago Decades after her death, Princess Diana is still larger than life

Does Diana, Princess of Wales, still matter? So much else has happened since her shocking car-crash death in Paris in 1997 – 9/11, the Iraq War, Barack Obama, Brexit, the first Trump presidency, the pandemic, the start of Trump’s second term. Consider this: Kensington Palace in London has an exhibition called “Dress Codes” featuring gowns […]

Events

8 d. ago ECB Prepares for June Cut as Economy Hurt Even If Trade Is Fixed

European Central Bank officials are preparing to lower interest rates further, expecting lasting damage to the economy from US tariffs even if Donald Trump’s administration softens its stance in the weeks ahead.

Economics

9 d. ago Israeli Economy at Risk From Tariffs, Central Bank Chief Says

Israel’s central bank said that US-imposed tariffs are affecting the Jewish state’s economy as markets and tech investments come under risk.

Economics

1 week ago Trump keeps contradicting himself on tariffs, making a fragile world economy nervous

WASHINGTON (AP) — President Donald Trump can’t stop contradicting himself on his own tariff plans. He says he’s on a path to cut several new trade deals in a few weeks — but has also suggested it’s “physically impossible” to hold all the needed meetings. Trump has said he will simply set new tariff rates […]

Economics

1 week ago Varcoe: As tariffs put pause on economy, National Bank CEO calls for unity, new energy infrastructure

'We need to unlock regulation. We need to be more competitive on tax and we need to develop energy infrastructure across the country'

Economics

1 week ago Varcoe: National Bank of Canada CEO calls for new energy projects, unity, as tariffs put 'pause' on economy

'We need to unlock regulation. We need to be more competitive on tax and we need to develop energy infrastructure across the country'

Society

1 week ago US Officials Mull Easing Tariffs Targeting the Auto Industry

The Trump administration is considering whether to reduce certain tariffs targeting the auto industry that carmaker executives have warned would deal a severe blow to profits and jobs.

Economics

2 w. ago Posthaste: Trump’s tariff war threatens to expose cracks in the global economy

Expect inflation, interest rates and deficits to rise, say economists

Economics