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Keywords: Canadian economy
The trade standoff between Canada and the United States has reached a new level. Starting September 8, Ottawa will impose tariffs ranging from 15% to 50% on a selection of American products, in response to new tariffs imposed by Washington on Canadian imports. This retaliation comes amid a breakdown......
Canada’s tourism sector recorded total spending of $28.4 billion during the first quarter of 2026, marking a slight increase of 0.1% compared with the previous quarter, according to data from Statistics Canada. International visitors contributed significantly to the sector’s performance,......
The Canadian dollar strengthened to its highest level in nearly two months on Friday after a robust employment report reinforced confidence in Canada's economic momentum while weaker-than-expected U.S. labor data weighed on the U.S. dollar. The currency appreciated against its U.S. counterpart,......
Canada's services industry showed modest signs of stabilization in July, but the sector continued to operate below growth territory as persistent economic uncertainty weighed on demand and business confidence. According to the latest S&P Global Canada Services PMI survey, the Business Activity......
The Bank of Canada (BoC) is widely expected to leave its benchmark overnight interest rate unchanged at 2.25% during its upcoming policy meeting on July 15, reflecting growing confidence that inflation is stabilizing while the country's economic recovery continues to strengthen. A Reuters survey......
Canadian businesses have become more optimistic about the inflation outlook following the easing of tensions in the Middle East, according to the latest Bank of Canada (BoC) business surveys, suggesting that geopolitical developments have helped reduce concerns over rising costs and economic uncertainty. The......
Canada's manufacturing sector maintained its growth momentum in June, extending a six-month expansion streak even as supply chain disruptions and higher input costs continued to weigh on producers. According to the latest data from S&P Global, the Canada Manufacturing Purchasing Managers'......
Canada’s labor market showed renewed signs of weakness in April as the national unemployment rate climbed to its highest level in six months. The latest figures point to growing pressure on the economy amid trade tensions, slowing business confidence, and global economic uncertainty. According......