U.S.-Canada trade deficit is highest in 20 years. Does it justify tariffs?
Canada typically sells more goods and services to the United States than it buys, an issue — or non-issue, according to economists — that dates back decades.
Canada Faces Trade Shock as Trump Tariffs Threaten CUSMA
New U.S. tariffs on Canadian exports threaten CUSMA, forcing Canada to rethink trade strategies amid rising protectionism.
Bank of Canada prepares for a trade war
The Bank of Canada has cut the overnight rate by 25bp to 3.0%. Cumulative easing now amounts to 200bp since June. The BoC has also announced an end to its quantitative tightening programme, which had been used to shrink its balance sheet. Instead, it will restart gradual asset purchases so its balance sheet stabilises as a proportion of GDP.
Canada’s Plan for a Trade War: Pain for Red States and Trump Allies
Canadian officials are preparing retaliatory measures if the new U.S. administration imposes tariffs on Canadian imports.
Bank of Canada readies for a trade war sparked by possible U.S. tariffs
The Bank of Canada just delivered a quarter-point interest-rate cut that lowers its policy rate to 3%, yet it may be in a bit of a conundrum due to the uncertainty around the timing, scope and duratio
Crisscross Oil Trade Complicates Trump’s Plans for Canada Tariffs
Welcome to our guide to the energy and commodities powering the global economy. Today, reporter Robert Tuttle looks at the close integration of US-Canadian oil markets and what that means for Donald Trump’s tariff plans.
Canadian PM hopeful lays out plan to fight Trump’s tariff threats ‘where it hurts’
Chrystia Freeland, the former finance minister who is running to replace Justin Trudeau as Canada's prime minister, says her country needs to release a “retaliation list” of goods the country would ta
Canada prepares for a potential Trump tariff hit this week
If Donald Trump's latest date holds, tariffs are coming for Canada at the end of this week. Businesses are bracing. Canadians are worried. And federal and provincial governments are seized with trying to prevent what would be a huge economic blow.
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Bank of Canada cuts interest rates, warns trade conflict will ‘hurt’
The Bank of Canada (BOC) has trimmed its key policy rate by 25 basis points to 3 percent, cut growth forecasts and warned ...
Carney Says Canada Can Use Electricity for Leverage If US Starts Trade War
Mark Carney, the former central banker who’s running to lead Canada, said the government should be open to curbing ...
Canada December wholesale trade most likely up 0.1% - Statscan flash estimate
Canadian wholesale trade most likely rose 0.1% in December from November, largely driven by higher sales in the motor vehicle ...
Bank of Canada's view on tariff impacts reverberates ahead of Fed decision
The Bank of Canada outlined the possible impacts of an all-out trade war with the U.S. on Wednesday, which could end up having ramifications for Federal Reserve officials. One of the BoC's conclusions ...
Bank of Canada cuts key interest rate to 3% — but says it can’t fight a possible U.S. trade war
The Bank of Canada delivered a quarter-percentage-point cut to its key interest rate on Wednesday, emphasizing Trump’s tariff ...
Wisconsin businesses back Trump's China tariffs, but worry about tariffs on Mexico, Canada
The Trump administration could soon implement tariffs on China, Canada and Mexico, impacting the U.S. and Wisconsin's top ...
Trade Uncertainty Weighing on Canadian Dollar, Investment Plans
There are signs in Canada uncertainty over trade and tariffs is weighing on consumer and business confidence and on investment intentions, and the threat of levies has contributed to the recent ...
Live updates: Bank of Canada cuts key interest rate by another 25 basis points, flags tariffs as ‘major source of uncertainty’
The Bank of Canada delivered a 25 basis point cut on Wednesday as inflation remains close to 2 per cent, but the central bank ...