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U.S. flag and voting stickers

Economist optimistic that CUSMA will hold

  • By: Kevin Press
  • October 29, 2024 October 29, 2024
  • 12:49
Man signs a mortgage

The number of young Canadians who own a home has declined over the past few years, Scotiabank says

Canada Parliament and Canadian Flag over blue sky.

Program expenses rose 11%

China

Expansion pegged at an annualized rate of 4.6% -- below 5% goal

Retail sales

Federal Reserve research suggests consumer spending is the primary driver of the U.S. economy

Busy mall

Canadians said they're reducing spending, putting off buying big-ticket items

Job search

The unemployment rate fell to 6.5%: StatCan

Inflation scale

Wealthier households, however, have seen their purchasing power rise since 2022

US Canadian dollar

Both Trump, Harris have campaigned on policies that could cause uncertainty for Canadian trade

China flag

But the piecemeal nature of the plans appeared to disappoint investors