Canada’s economy shrank more than expected in the second quarter as U.S. tariffs hurt exports, though higher spending by households and governments softened the blow, […]
Tag: Economy
Canada Lifts Retaliatory Tariffs on U.S. Goods That Meet CUSMA Rules
Canada to End Tariffs on U.S. Goods Covered by CUSMA by Sept. 1 Prime Minister Mark Carney announced Friday that Canada will remove all tariffs […]
Ontario to Raise Minimum Wage Starting October 2025
Ontario Minimum Wage to Increase in October 2025 Starting October 1, 2025, workers in Ontario will see a pay raise as the province increases its […]
Carney Vows to Defend Workers as Trump Threatens 35% Tariff on Canada
Prime Minister Mark Carney says Canada will keep standing up for its workers and businesses as trade talks with the United States continue. He made […]
Gold prices dip as Trump extends tariffs and rate cut expectations fade
Gold prices drop as Trump delays tariffs and strong U.S. jobs report lowers hopes for rate cuts Gold prices fell in Asian markets on Monday, […]
Loonie Sees Strongest Monthly Surge as U.S. Dollar Declines
The Canadian dollar rose to its highest level in nine days on Thursday as the U.S. dollar weakened against many major currencies. Investors were also […]
Bank of Canada Chief Warns Tariffs Could Drive Up Consumer Prices
Bank of Canada Governor Says Tariffs Could Lead to Higher Prices Without a New Trade Deal Bank of Canada Governor Tiff Macklem says a new […]
Bank of Canada Cites ‘Unpredictable’ Economic Conditions for Latest Rate Pause
Bank of Canada Kept Rates Steady Because of Uncertain Trade Situation Earlier this month, the Bank of Canada decided not to change interest rates for […]
Carney Unveils Plan to Make It Easier to Trade and Build Across Canada
Carney Government Introduces New Bill to Cut Trade Barriers, Help Workers and Speed Up Big Projects Prime Minister Mark Carney’s government introduced a new bill […]
Ontario Commits C$3.1 Billion to Strengthen Critical Minerals Sector and Support Indigenous Collaboration
Ontario Invests C$3.1 Billion to Build Critical Minerals Supply Chain and Strengthen Indigenous Partnerships Ontario is committing nearly C$3.1 billion through its 2025 budget, A […]