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That compares to an $8.2B deficit recorded over the same period last year

Credit card

By noon Friday, the average online shopping cart in Canada totalled $220: Shopify

Europe flag and money

The ECB started cutting rates in June as worries about growth came into sharper focus

Busy mall

It's the biggest day of the year for retail foot traffic in the U.S.: retail tech company

Canadian economy

The StatCan data comes ahead of the BoC's interest rate decision on Dec. 11

map of Canada with a hand underneath

Ontario's premier called the tariff threats serious, unfounded

When Trump imposed higher tariffs during his first term, other countries responded with retaliatory tariffs

Canadian money

Keeping inflation at 2% mitigates several risks, Mendes says

Yellow down arrows over a financial graph

S&P 500 will fall to 4,100, Canada will also see a recession, Peter Berezin forecasts

  • By: Kevin Press
  • November 22, 2024 November 22, 2024
  • 12:55
Household debt burden

Economists predict that U.S. mortgage rates will hover around 6% in 2025