Here’s the latest as Trump tariff deadline looms
Prime Minister Justin Trudeau promises a 'purposeful, forceful but reasonable immediate' response
- By: The Canadian Press
- January 31, 2025 February 2, 2025
- 17:23
Latest news in Research and Markets
Employment dipped in November: StatCan
Canada Post strike drove decline in payrolls, vacancies stayed flat
- By: James Langton
- January 31, 2025 January 31, 2025
- 14:31
Federal government posts $22.7B deficit from April-to-November period
Over the same period last year, the government posted a $19.1B deficit
- By: The Canadian Press
- January 31, 2025 January 31, 2025
- 11:07
U.S. inflation ticked higher last month
Overall inflation climbed 0.3% in December from the previous month, driven by a jump in gas prices
- By: Christopher Rugaber, The Associated Press
- January 31, 2025 January 31, 2025
- 09:35
From avocados to autos, Trump tariffs on Canada and Mexico could hit close to home
The tariffs threaten to blow up the trade agreement Trump himself negotiated with America’s neighbours
- By: Paul Wiseman, The Associated Press
- January 31, 2025 January 31, 2025
- 09:29
Economy contracted 0.2% in November: StatCan
However, the agency's preliminary estimates point to a rebound at the end of the year
- By: Craig Wong, The Canadian Press
- January 31, 2025 January 31, 2025
- 09:17
Trump says tariffs on Canada and Mexico coming Saturday, and he’s deciding whether to tax oil
Decision will be based on whether the price of oil charged is fair, Trump says
- By: Josh Boak, The Associated Press
- January 30, 2025 January 30, 2025
- 17:17
DB fund clients earned 11.3% median return in 2024: RBC
The Q4 median return was 1.6%, a fourth consecutive quarterly gain
- By: Kevin Press
- January 30, 2025 January 30, 2025
- 16:17
CWB deleted from indexes next week
Index adjustment follows merger closing on Feb. 3
- By: James Langton
- January 30, 2025 January 30, 2025
- 16:10
Global liquidity increased in Q3: BIS
Growing credit to non-banks in advanced economies drove rise
- By: James Langton
- January 30, 2025 January 30, 2025
- 15:59
Open banking is promising, will take time: DBRS
Competition may get a boost, but Big Six will remain dominant
- By: James Langton
- January 30, 2025 January 30, 2025
- 15:51
Soaring housing costs limiting population mobility across Canada: CMHC
Employers in expensive cities have to offer higher salaries to attract talent, which raises expenses and lowers productivity
- By: The Canadian Press
- January 30, 2025 January 30, 2025
- 13:16
Bank of Canada cut will prompt lower variable mortgage rate costs: Ratehub
The Big Six banks have decreased their prime rates to 5.2%
- By: Sammy Hudes, The Canadian Press
- January 30, 2025 January 30, 2025
- 10:19
U.S. economy grows solid 2.3% from October to December, 2.8% for full year 2024
Q4 growth came in below economists' expectations; the economy grew 2.8% during the year
- By: Paul Wiseman, The Associated Press
- January 30, 2025 January 30, 2025
- 09:13
European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The ECB's benchmark rate sits at 2.75% now, as consumers fret about inflation and businesses navigate political risk
- By: David Mchugh, The Associated Press
- January 30, 2025 January 30, 2025
- 08:24
Fed hold rates steady amid ‘solid’ job market and ‘somewhat elevated’ inflation
The central bank said it is harder to gauge where inflation is headed, in part because of uncertainty around Trump's policies
- By: Christopher Rugaber, The Associated Press
- January 29, 2025 January 29, 2025
- 14:31
EU banks face tricky stress test
Exercise will examine turmoil driven by geopolitics, trade uncertainty
- By: James Langton
- January 29, 2025 January 29, 2025
- 13:46
Experts say Canada-U.S. interest rate gap here to stay
The divergence in rates, one of the factors weighing on the Canadian dollar, could persist for the next decade
- By: Rosa Saba, The Canadian Press
- January 29, 2025 January 29, 2025
- 11:20
BoC cuts key rate by quarter point to 3% as tariffs threat looms
This is the central bank’s sixth consecutive cut since June
- By: Nick Murray, The Canadian Press
- January 29, 2025 January 29, 2025
- 10:13
Most Canadian business leaders support dollar-for-dollar retaliatory tariffs: KPMG
Six in 10 businesses surveyed said they could withstand a prolonged trade war with the U.S.
- By: Ritika Dubey, The Canadian Press
- January 29, 2025 April 10, 2025
- 10:10
Germany slashes its GDP growth forecast for 2025
It now expects the economy to grow at just 0.3% this year
- By: The Associated Press
- January 29, 2025 January 29, 2025
- 09:33
Canadian retirement readiness little improved: NIA
Social isolation, financial insecurity, health care barriers plague retirees
- By: Jonathan Got
- January 28, 2025 January 28, 2025
- 17:22
Weak loonie, trade war could drive food prices higher: Metro
Trade disruptions could threaten normalization of food inflation, grocery giant CEO says
- By: Rosa Saba, The Canadian Press
- January 28, 2025 January 28, 2025
- 14:31
Tariffs would be costly hit to auto sector where trade is balanced: TD report
Moving production fully to the U.S. estimated to cost auto producers US$50 billion
- By: Ian Bickis, The Canadian Press
- January 28, 2025 January 28, 2025
- 14:14
U.S. consumer confidence dips
The Conference Board's consumer confidence index fell to 104.1 this month from 109.5 in December
- By: Matt Ott, The Associated Press
- January 28, 2025 January 28, 2025
- 14:09