Thursday, May 8, 2025, 10:21 am
The Bank of Canada cautioned that the escalating U.S.-led trade war is stunting economic progress, disrupting financial stability for households and businesses alike. The central bank’s reports underline that heavy tariffs have abruptly stalled a once-healthy financial picture, posing significant risks amid an already challenging economic climate.
The sharpest pullback in people getting into the housing markets has been in southern Ontario and British Columbia, RBC economist Robert Hogue said.
The cost of Trump’s trade war on cars is adding up The post The Economy Is One Tariff Away from a Supply-Chain Meltdown first appeared on The Walrus.
Is he perfect? Hell no. However, they are all things he can fix
Watch: 'Instability is bad for any industry, but particularly for the film industry, and having this 'what if' looming over filmmakers is making people nervous'
The tariff fight that has broken out between the U.S. and its trading partners doesn’t appear to be rankling Canadian Tire Corp. Ltd. customers as much as its CEO once expected. Greg Hicks said shoppers across the Toronto-based company’s banners — Canadian Tire, SportChek, Party City, Mark’s and…
Trump got along better with Carney than he did with Trudeau, said Cornell's Jon Parmenter
Les ménages et le système financier montraient des signes de résilience accrue début 2025, observe la Banque du Canada.
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
Financial stability report says global trade war could lead to severe economic consequences for Canada
“I think Trump’s greatest dream is to have a podcast where he is both the host and always the guest.” Guest host Ian MacIntyre and the Panel (Clare Blackwood, Megan MacKay, and special guest Aaron Hagey-MacKay) discuss Mark Carney’s first face-to-orange-face with Donald Trump, pitches for…
Molson Coors Beverage Co. lowered its full-year guidance as the challenging consumer environment in the U.S. drives shoppers away from the company’s products. The Coors Light and Miller Lite manufacturer now expects 2025 underlying diluted earnings per share to increase in the low single digits. It…
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,…
permalink / 12 stories from sources in 2 hours ago #economy #trade #canada
With more than half of Canadians now taking Alberta separation seriously, legal experts caution that such a move could thrust the country into uncharted territory. The exchange of opinions underscores mounting regional discontent and injects a measured dose of irony into Canada’s perennial unity debate. More...
On the 80th anniversary of World War II’s end, Canadians honor their nation’s liberating legacy through reflective commemorations. The celebrations mix earnest pride with a knowing wink at modern pomp and circumstance, calling to mind personal valor while also inviting a critical, tongue-in-cheek look at today’s political landscape. More...
Several Ontario mayors, including Sault Ste. Marie’s, are decrying financial incentives used to lure doctors to local communities. They argue that these monetary enticements are undermining fiscal fairness and local integrity, calling for the federal government to put an outright ban on such practices across the nation. More...
Quebec’s proposed overhaul linking doctors’ pay to performance metrics has ignited a storm of criticism from medical experts. The policy, intended to boost efficiency, has instead sparked concerns over its impact on patient care, leaving the government to wonder if its bold reforms were more biting than beneficial. More...
Quebec’s Aînés minister, Sonia Bélanger, is taking a hard line against prohibitively expensive seniors housing developments that cost well over a million dollars per unit. In a forceful statement, she vowed to halt projects that inflate costs at the expense of elder care, sparking a debate on affordability and respect for seniors. More...
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