Bank of Canada says households struggling, economy vulnerable to shocks
The global economy is ‘volatile’ and ‘vulnerabilities’ exist that could expose Canada to potential shocks on multiple fronts, the central bank’s report says. …
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Tag: donald trump tariffs
Nintendo sues for refunds of Trump tariffs after Supreme Court ruling
The video game company on Friday joined thousands of American importers who have filed requests in the U.S. Court of International Trade for tariff repayments. …
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Air Canada says it saw strong profits despite drop in U.S. travel demand
Air Canada says it saw a profitable quarter at the end of last year, even with a notable drop in demand for travel to the U.S. amid the ongoing trade war and tariff policies. …
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Trump’s Greenland tariff threats rattle global stock markets
Stocks slumped in afternoon trading on Wall Street Tuesday as tensions escalate over U.S. President Donald Trump’s attempts to assert American control over Greenland. …
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Productivity and hourly wages see small bump amid economic worries
Canada’s business productivity improved in the third quarter as hourly wages grew, according to the latest data, which also showed a drop in hours worked amid the trade war. …
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Steel sector praises new tariff measures, but says more needs to be done
The head of the Canadian Steel Producers Association said Carney’s newly announced tariff measures are a step in the right direction, but more needs to be done. …
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Businesses seeing drop in US customers during holiday season amid tariffs
Businesses outside the United States, including in Canada, are seeing a drop in American customers during the holidays because of the added costs from tariffs and other fees. …
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How holiday spending plans could reflect a divided ‘K-shaped’ economy
Holiday shopping amid inflation and tariffs means many Canadians expect to take on more debt in what one retail analyst says demonstrates concerns about a ‘K-shaped economy.’ …
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Canadians say they’ll spend less, shop earlier for the holidays: BMO
Tariffs and price concerns were cited as the main reasons Canadians are changing their holiday shopping plans this year. …
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