Some expect that amount, also referred to as provision for credit losses (PCLs), to increase due to the negative impact of United States President Donald Trump’s tariffs on the Canadian economy.

Amid the labyrinth of stalls at Yiwu’s small-commodities market – the world’s largest wholesale hub, located in eastern China – Canadian retailer Luke Therrien weaves through aisles of ...

TORONTO (Reuters) - The Canadian dollar was barely changed against its U.S. counterpart on Monday as domestic data showed further weakness in the services economy and ahead of Prime Minister Mark ...

"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 unpredictability of ...

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 ...

“Now, the Canadian economy and financial system face a new threat,” said Bank of Canada governor Tiff Macklem, during prepared remarks in Ottawa. “Tariffs and uncertainty have sharply reduced ...

As the US’s largest trading partner, the Canadian economy is massively reliant on trade across its southern border. In order to combat Trump’s trade war, Canadian workers must reject all ...

Now, the Canadian economy and financial system face a new threat. US trade policy has taken a dramatic protectionist shift. Tariffs and uncertainty have sharply reduced prospects for global economic ...