Under the new U.S. framework, all countries face a 10% baseline tariff, with significant variations above that depending on country-specific trade policies
Q3 FY2025: Markets resilient in a challenging environment
Nine months into the year, markets have been stronger than many anticipated. Equity indexes posted sizeable gains, with the S&P 500, S&P/TSX, and MSCI EAFE up 13.7%, 21.4%, and 22.3%, respectively, year to date.1 Bonds also delivered positive returns of 6.1%, 3.0%, and 7.9% as measured by the Bloomberg US Aggregate Bond Index, the FTSE Canada Universe Bond Index, and the Bloomberg Global Aggregate Bond Index, respecti
Q2 FY2025: Markets digest tariffs and geopolitical tension
The second quarter of 2025 was marked by a volatile and complex stock market environment, influenced by various factors such as economic indicators, corporate earnings, and geopolitical events.
The currency market is the largest and most liquid financial market in the world. Currencies like the U.S. dollar, the British pound, and the euro trade in the foreign exchange (FX) market 24 hours a day,
Inflation affects all aspects of the economy, from consumer spending, business investment and employment rates to government programs, tax policies, and interest rates.
Young families are being driven from Ontario’s biggest cities, with misguided policies and conversions to rental units limiting the supply of affordable homes with three bedrooms or more, according to the University of Ottawa’s Missing Middle Initiative.
THERE’S NO SHORTAGE OF CRISES: A bloated U.S. debt and a jittery bond market; the unwillingness of Vladimir Putin to negotiate, etc. But there’s one crisis that dwarfs all the rest: Iran.
Canada’s annual inflation rate remained flat at 1.7 per cent in May, according to the latest data from Statistics Canada released. Economists say Bank of Canada (BoC) policymakers will likely need to see more convincing data to justify a rate cut on July 30.
Developing the infrastructure necessary to make Canada’s economy less dependent on trade with the U.S. “will not be easy, fast, or cheap,” and will require refocusing investment priorities.
Canada’s economy shrank 0.1 per cent on a monthly basis in April, Statistics Canada said on Friday, a slower pace than analysts had expected. The contraction was largely the result of broad-based weakness in the manufacturing sector during a month characterized by heightened trade tensions with the U.S.
DONALD TRUMP is eager to proclaim victory on trade deals. What a transformation — he finally listened to the critics and he now has made it clear that the virulent market reaction drove him to this tariff reversal.
DONALD TRUMP GOT THE ROUGH OUTLINES of a trade deal with the United Kingdom — but in Washington there was shock over Donald Trump’s latest head-scratcher.
Recent developments in global trade have placed significant pressure on Canadian markets, as newly imposed U.S. tariffs and retaliatory measures from Canada reshape the economic landscape.
As inflation and interest rates rise, our third annual stress, finances, and well-being survey found that many Canadian workers are under financial stress.
The Federal Reserve left interest rates on hold as widely expected. The main takeaway from the statement and press conference was uncertainty: Fed Chair Jerome Powell repeatedly emphasized the unclear economic outlook.
The September 1985 Plaza Accord and the subsequent February 1987 Louvre Accord are justly lauded today as significant successful examples of international economic policy cooperation.