Reading Time: 2 minutes Canada's trade deficit narrowed to C$506 million in March, beating expectations as imports fell at a faster rate than the drop in exports, data showed on Tuesday.
Canada’s trade deficit narrows in March
Exports to U.S. dropped 6.6 per cent, almost compensated by exports to rest of the world
Canadians go to the polls
Trump renews ’51st state’ rhetoric as federal election approaches
Reading Time: 4 minutes Canadians are going to the polls on Monday after an election campaign in which U.S. President Donald Trump's tariffs and musings about annexing Canada became the central issue. Alberta rancher Bob Lowe says the Canadian economy is his top concern.
Bank of Canada holds rates, says tariffs could cause deep recession
Reading Time: 3 minutes The Bank of Canada on Wednesday held its key policy rate at 2.75 per cent, its first pause after seven consecutive cuts, and said that the uncertainty around U.S. tariffs made it impossible to issue regular economic forecasts.
Canada’s inflation surprisingly slows to 2.3 per cent in March
Reading Time: 2 minutes Canada's annual inflation surprisingly slowed in March to 2.3 per cent, three notches below the prior month, largely helped by lower gasoline and travel tour prices, data showed on Tuesday.
Canada will be in trade war with US for foreseeable future, says Trudeau
Reading Time: 2 minutes Canada will continue to be in a trade war with the United States for the foreseeable future, Prime Minister Justin Trudeau said on Thursday, a day after what he called a "colorful" call with President Donald Trump.
Canada’s inflation rate ticks down to 1.9 per cent in November
Reading Time: 2 minutes Canada's annual inflation rate unexpectedly dropped by a tick to 1.9 per cent in November, driven by a broad-based slowdown in prices, while the consumer price index was unchanged on a monthly basis, data showed on Tuesday.
Bank of Canada says Trump’s proposed tariffs would impact both economies
Reading Time: 2 minutes The Bank of Canada said on Tuesday that if U.S. President-elect Donald Trump follows through on his threat of tariffs on Canada, it would have an impact on both economies and the central bank would incorporate those into its economic forecasts.
Bank of Canada cuts rates, hails ‘good news’ on low inflation
Reading Time: 2 minutes The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75 per cent, its first bigger-than-usual move in more than four years, and hailed signs the country has returned to an era of low inflation.
Canada’s inflation eases to 1.6 per cent, increasing chances of 50 bps rate cut
Reading Time: 2 minutes Canada's annual inflation rate slowed more than expected to 1.6 per cent in September, data showed on Tuesday, prompting markets to increase bets of a 50 basis point rate cut next week. The easing of inflation, which was mainly led by a huge drop in the price of gasoline, was the smallest annual increase in consumer prices since February 2021, Statistics Canada said.
Canada posts sixth straight monthly trade deficit in August
Farm, fishing and intermediate food product exports rose
Reading Time: 2 minutes Canada recorded a bigger-than-expected trade deficit of C$1.1 billion in August, its sixth consecutive monthly shortfall, as imports rose while exports declined, Statistics Canada data showed on Tuesday.
A message from April Stewart, Country Guide's Associate Editor
