Trump threatened Canada, one of the country's largest trading partners, with a 35% tariff starting Aug. 1.

OTTAWA (Reuters) -Canada's annual inflation rate rose to 1.9% in June, meeting analysts' expectations, as increases in the price of automobiles, clothing and footwear pushed the index higher, data ...

The president revived his discredited claims about fentanyl entering the U.S. from Canada to justify his latest proposed rate of 35 percent.

Canada will face a 35 percent tariff on exports to the United States starting August 1, President Trump said Thursday.

It shares a chart allegedly showing Canada's net international migration levels from 1952 to 2025, depicting a relatively stable rate before taking off into almost exponential growth after 2021.

Uncertainty prevails for business and households in Canada, and surveys indicate companies plan to scale back investment and have dropped hiring plans.

The unemployment rate rose for a third month running to 7.0%. That was in line with expectations and comes after it ticked up to 6.9% in April.

The Bank of Canada left its main interest rate unchanged, at 2.75%, saying the economy has softened but not deteriorated, and inflation has picked up steam.

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%.

OTTAWA (Reuters) -Canada's annual inflation rate fell to 1.7% in April due to a drop in energy prices, but analysts said a rise in closely watched core measures would make life hard for the Bank ...

The Bank of Canada is seen in Ottawa, on Wednesday, April 16, 2025. Some economists say April inflation data raises the odds of an interest rate hold from the central bank.

By Robb M. Stewart OTTAWA--Canada's jobs market is showing signs of cracking under the strains of the trade war with the U.S., with the unemployment rate in April pushed to a five-month high and ...