News
Could U.S. rate cuts bring sunnier economic days to Canada? Don't count on it
1+ hour, 53+ min ago (1391+ words) The economic elephant in the room is Trump's ability to wield tariffs like a sword WASHINGTON, D.C. " Nothing zaps consumer and investor confidence quite like a trade war." U.S. President Donald Trump's tariffs have slashed Canadian exports, idled some auto plants, depressed…...
Ontario’s housing slowdown is a full-blown economic emergency
1+ day, 4+ hour ago (264+ words) These sales trends are further pronounced in the Greater Toronto Area, with new home sales reaching the lowest level ever recorded in 2025. Total sales for the year were just 5,314 units. Single-family sales were down 63 per cent from the 10-year average,…...
Big revenue, trade leverage, and industrial perks: Why Trump’s $264B tariff haul will be hard to give up
5+ day, 22+ hour ago (1186+ words) American politicians face a judgment day of sorts: this autumn's midterm elections WASHINGTON, D.C. " "Tariffs' is the most beautiful word to me in the dictionary," President Donald Trump liked to say early last year, calling it his favourite word and promising…...
Trump nominates former U.S. Fed official as next central bank chief
5+ day, 23+ hour ago (557+ words) U.S. President Donald Trump announced Friday that he is nominating Kevin Warsh, a former Federal Reserve governor, to be the next U.S. central bank chief. Trump's decision caps a closely watched search for a successor to current Fed Chair Jerome Powell, whom…...
FIRST READING: To escape American trade coercion, Canada woos China — the world master of trade coercion
3+ week, 1+ day ago (1079+ words) For decades, Beijing has been openly using tariffs to compel behaviour and silence criticism from its trading partners With Prime Minister Mark Carney visiting China this week, it's part of an explicit bid to steer Canada closer to the Chinese…...
Trump brushes off early posting of confidential jobs figures
3+ week, 5+ day ago (280+ words) Early copies of the report are kept under lock and key at the Bureau of Labor Statistics, which compiles the data. White House economic officials receive an advance copy each month on Thursday afternoon and sign agreements to keep the…...
Family of four can expect to pay nearly $1,000 more for food in 2026: report
2+ mon, 1+ day ago (785+ words) Food prices could rise by as much as six per cent next year, with meat seeing the largest increases, according to Canada's Food Price Report A family of four can expect to pay nearly $1,000 more on food in the coming…...
World shares and US futures surge as Nvidia's strong earnings restore confidence in AI
2+ mon, 2+ week ago (186+ words) Nvidia's sales of the computing chips powering the artificial intelligence craze surged beyond the lofty bar set by stock market analysts in a performance that may ease recent jitters about a Big Tech boom turning into a bust that topples…...
Report reveals how much Canadians paying for groceries thanks to food inflation
2+ mon, 2+ week ago (708+ words) Grocery prices dominate Canadians' financial concerns, according to the latest edition of the Canadian Food Sentiment Index Food inflation continues to top Canadians" financial concerns, according to the fall 2025 edition of the Canadian Food Sentiment Index by Dalhousie University"s…...
John Ivison: Rising prices are hitting both Trump and Carney where it hurts
2+ mon, 2+ week ago (931+ words) Trump has had to lower tariffs on groceries. The problem for Ottawa is that prices have risen even more quickly in Canada than in the U.S. The Carney government's self-proclaimed strategy of dealing with Donald Trump has been to hope the…...