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Recent data from the Bank of Canada has shown that consumer confidence in Canada is in a tailspin. Based on the recently ...
The Bank of Canada held its policy interest rate steady for the third consecutive time Wednesday, but left the door open to additional rate cuts if U.S. tariffs weaken the Canadian economy and ...
US stock market futures dropped nearly 1% after President Donald Trump announced sweeping new tariffs on imports from 92 ...
Adding to the challenge is the sheer volume of goods subject to the new tariffs — U.S. imports from China, Mexico and Canada totaled over $1.3 trillion last year, or about two-fifths of all imports.
Trump's tariffs fuel Canadian consumer shift away from US goods Canadian shoppers increasingly seek locally made products Some US citrus and beverage exports to Canada face order cancellations ...
Canada has retaliated with an initial round of tariffs on $30 billion worth of U.S. goods, while provinces have pulled American liquor from store shelves and cancelled U.S. business contracts ...
Higher prices at the pump Canada is by far America’s biggest foreign supplier of crude oil. In 2024, Canada shipped the U.S. $98 billion worth of crude, well ahead of No. 2 Mexico at $12 billion.
We expect the Bank of Canada to maintain interest rates at 2.75% on 30 July, remaining cautious amid trade uncertainty. But one or two additional cuts later in the year remain quite likely, and we ...
Trump's plans included tariffs of 20% on goods from the European Union, punishing tariffs on items from China of 145%, and a ...
LITTLE ROCK (KATV) — President Trump's previously delayed 25 percent tariff on goods imported from Canada and Mexico went into effect early Tuesday morning, as well as an additional 10 percent ...
"The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.
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