CME says Canada must act decisively to protect manufacturing if U.S. tariffs imposed
90% of manufacturers expect significant or severe impacts if tariffs are applied
- By: Rosa Saba, Canadian Press
- January 15, 2025 January 15, 2025
- 15:39
90% of manufacturers expect significant or severe impacts if tariffs are applied
Citigroup, Wells Fargo and Goldman Sachs also issued strong results
GDP contracted by 0.2% last year
Inflation eased to 2.5% in December, down from 2.6% the previous month
Production of aerospace products and parts increased 9.3% to $2.8 billion
The consumer price index rose 2.9% from a year earlier, but core inflation eased slightly
Capital spending declined by 16% in the last decade, according to CFIB
Global dealmaking revives in 2024, but remains weaker than recent years
Compared to a year earlier, producer prices rose 3.3%, the biggest jump since February 2023
Economist debunks Trump claim that the U.S. 'subsidizes' Canada
Businesses are trying to “front-run” Trump tariffs, says Capital Economics
MNP's Consumer Debt Index dropped to the second-lowest level since 2017
JP Morgan tops global league tables, BMO Capital Markets leads in Canada
Many economists don’t expect the Fed to cut rates again until the second half of 2025, if at all
Growth of banks' foreign operations raises vulnerabilities: BoC paper
The U.S. added 256,000 positions, unemployment rate steady at 4.1%
Rental market softened in 2024 amid multi-decade highs for apartment completions, slow population inflows
Stability in overall inflation conceals conflicting underlying trends
Equity and alternative investment allocations represent more than half of average holdings
India's a bright spot in the global economy with a 6.6% growth forecast for this year
New loan-level data shows majority of mortgages to renew in next two years, most at higher rates
Canada shouldn't 'rise to the bait,' but be ready to respond if Trump follows through on threats, experts say
Areas to watch include the broader U.S. market, India's robust growth, and AI-driven productivity