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CANADIAN ECONOMY FORECAST
How Trump is killing the US tourism industry: $12.5B gone, visitors down 8.2% in 2025US tourism is collapsing in 2025 as Trump-era tariffs, immigration crackdowns, and a new $250 ‘visa integrity fee’ drive international arri...
Oil prices slip as rising OPEC+ output, tariff fears weigh on outlookOil prices declined in early Asian trade. Increased OPEC+ output and tariff concerns impacted the market. Brent crude futures dipped slight...
Canada’s economy grows by only 1 percent in 2025, unemployment hits 7 percent as trade wars and weak productivity take a tollCanada's economy faces challenges with rising unemployment and sluggish growth, exacerbated by trade tensions and weak productivity. The OE...
Crisis coming: Top economist says Canada is entering a recession that could cost 100,000 people their jobsTD Bank's chief economist warns Canada faces a recession with potential job losses exceeding 100,000, adding to the 70,000 already lost. Ne...
New survey reveals why 60% of Canadians are avoiding U.S. Travel and how they view President Donald TrumpA recent study conducted by Longwoods International reveals that 60% of Canadian adults are opting not to travel to the United States in 20...
Recession in 2025? Experts say Donald Trump holds the key to America’s economic future; here’s what you should knowThe US economy faces potential slowdown or recession due to Trump's trade policies, which include tariffs on imports from Canada, Mexico, a...
Canada Christmas stimulus, immigration curbs cast more doubt on fiscal targetsCanada's fiscal outlook is precarious due to increased spending pressures, including a recent handout by Prime Minister Trudeau, slowing ec...
Canada's May job gains exceed forecasts; wage growth acceleratesThe unemployment rate ticked up to a 28-month high of 6.2% from 6.1% in April, matching forecasts. The jobless rate, on an uptrend over the...
Shopify's downbeat revenue growth forecast sends shares plunging 20% to six-month lowThe Toronto-listed shares hit their lowest in six months and the company was on track to lose C$25 billion ($18.21 billion) in market value...
Dollar tracks global yields lower; sterling heavyThe dollar fell broadly on Wednesday as it tracked a global decline in bond yields, while sterling struggled to retain gains following dovi...
Canada adds 150,000 jobs as PM Trudeau widens gates for new immigrantsIf anything, the demand for workers appears to be accelerating, buoyed by Prime Minister Justin Trudeau’s policy of opening the gates wider...
Euro hits 4-month high vs dollar on stimulus, recovery hopesThe euro rose to as high as $1.1423, its highest level since March 10 and not far off its peak so far this year of $1.1495.
Risk currencies buoyed by cautious hopes pandemic is peakingThe euro's drop overnight helped to lift the dollar index a tad to 100.120.
The strongest major currency of 2019 could stall out in 2020'The key risk is the BOC, which tends to talk more dovishly whenever CAD shows material strength'
Dollar at 8-week high vs yen on US economic optimismDollar regained as investors' focus shifts back to the strength of US economy, soon after Trump fired FBI Director James Comey.
- Aussie, Canadian dollars ride at euro’s cost
The Australian and Canadian dollars are becoming reserve currencies for central bankers seeking alternatives to deteriorating government cr...
- Developing nations overtake North America in auto production
Auto-assembly capacity in the developing economies, including India and China, will exceed North America's auto production for the first ti...