“A long-lasting trade war poses the greatest threat to the Canadian economy. It also increases risks to financial stability,” the bank said. The BoC said in the near term, the ...

With over 1,400 affiliated retail locations across multiple different banners, no-moat Canadian Tire serves as one of Canada’s leading general merchandise retailers. The firm sells a wide ...

Meanwhile, an escalation of trade hostilities that pushed the Canadian economy into a severe recession could put pressure on the country’s banking system, Mr. Macklem warned. “With debt still ...

"A long-lasting trade war poses the greatest threat to the Canadian economy. It also increases risks to financial stability," the bank said, referring to the outcome of the two scenarios of economic ...

However, the U.S.-instigated trade war has pushed risks higher overall, said Macklem. "The Canadian economy and financial system face a new threat. U.S. trade policy has taken a dramatic ...

Canadian Prime Minister Mark Carney unveiled his new cabinet at Rideau Hall in Ottawa on Tuesday, saying that his ministry will have a “primary focus” on the country’s economy after a ...

Canada's services economy contracted for a fifth straight month in April as uncertainty around trade policy and last week's Canadian general election weighed on activity, S&P Global's Canada ...

Trending Now Trump’s new steel tariffs will cause ‘mass disruption’, Canadian industry warns Trump lashes out at claim he’s a ‘chicken’ when it comes to trade While many items aren’t ...

Canada’s unemployment jumped to its highest level since November as United States President Donald Trump’s imposed tariffs affect the export-dependent economy. Statistics Canada showed a 0.2 ...

“A long lasting trade war poses the greatest threat to the Canadian economy,” Macklem said Thursday. “A prolonged global trade war would have severe economic consequences. It would reduce ...