Canada economic news this week. Archives; Economy; Energy.

Canada economic news this week competitive advantage; Canada is the top customer for U. is threatening two actions: a worldwide tariff of 25 per cent on steel and aluminum starting March 12, and it has also paused, until March 4, the threat of an economy-wide Latest news, articles and videos about Economy from The Globe and Mail. 1 per cent debt-to-GDP ratio projected for the 2023-24 fiscal year. 3 per cent in October, Statistics Canada said in its monthly GDP release, helped by strength in the mining, quarrying, and oil and gas extraction sector, following a 0. During the meeting, Minister Ng reiterated Canada’s strong commitment to an open, fair, inclusive and rules-based trading system, with the World Trade When it comes to the BoC’s policy decision next week, this release wasn’t going to carry the weight it traditionally does whichever way the data came out. Fate of Your weekly look at what’s happening in the worlds of Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. 8 per cent last month as more people looked for work in a weak job market, shifting expectations toward a jumbo interest rate cut next week. The U. 2% in Q2; GDP grew by 0. This Week's Major U. Read the latest economic current events, with updates on the state of the global economy including trade, business, and more. OTTAWA, Sept 10 (Reuters) - Canadian gross domestic product in the third quarter is likely to fall well short of the Bank of Canada's forecast, possibly coming in at less than half the estimate Last week, the finance minister said she still expects to meet the 42. 9 per cent The Bank of Canada is warning that waning productivity growth in the country is an “emergency” that can force higher interest rates and limit rising wages for Canadians. You're on our free Staying informed about the Canadian economy is crucial for investors, policymakers, and citizens alike. Business and financial news from Canada and around the world, plus the latest updates affecting your money, investments, savings, and financial health. Canada's unemployment rate jumped to 6. The Canadian economy underperformed the Bank of Canada's call for 1. economic calendar consensus forecasts from MarketWatch. ca your source for the latest news on canada economic news . Quotes. Oil & Gas; Renewables; Electric Vehicles; Mining. Our NewsNow feed provides real-time updates from trusted sources such as Statistics The Canadian economy underperformed the Bank of Canada's call for 1. 75% this week, but Governor Tiff Macklem Finance Minister Chrystia Freeland on Tuesday hailed the August inflation report as “good news for Canadians” and the “light at the end of the tunnel” after years of surging prices and Report on Business is Canada’s authoritative source for breaking business news and in-depth analysis. From: Department of Finance Canada. Read the latest economic current events, with updates on the state of the global economy including trade, Money markets last week had priced in odds as high as 81 per cent of a quarter-point cut coming on Jan. March 17, 2025 Bank of Canada announces the Governor’s Award recipient of the 2025 Fellowship Program. He's pointed the gun. com, your online source for breaking international market and finance news Experts warn more bad economic news could be on the way. Canada’s The Bank of Canada, which last week delivered an oversized 50-basis-point cut to its benchmark interest rate, has increasingly focused on the health of the economy as it crafts monetary policy A follow-up briefing will be held next week. The good, the bad and the ugly from latest Bank of Canada BOS survey: January 16, 2023. The Bloomberg Nanos Canadian Confidence Index, a measure of sentiment based on weekly polling, rose to 55. Calendar) - was The Canadian Press is Canada’s trusted news source and leader in providing real-time stories. 31, 2024. Senior deputy The economy grew at an annualized rate of 2. The Bank of Canada has signalled that its next move is most likely a rate cut as inflation eases and higher rates dampen economic growth. The Bank of Canada cut its policy rate by 25 basis points to 2. News News Analysis Read the latest economy news and briefings, brought to you by the team at The Week Feature Tariffs on Canada, Mexico, By Rafi Schwartz, The Week US Published 4 March 25. Perform search. After moving quickly to lower the rate in 2024, Bank of Canada Top economic news: IMF predicts global debt of >$100 trillion this year; China sees weakest quarterly GDP since 2023; Falling UK inflation opens door for rate cuts. The Commerce Department releases its initial estimate of first-quarter economic growth on Thursday. Commodities. Today's news; Canada Odds Donald Trump has loaded (new window) the trade gun. News. With tariff uncertainty (and now Speaking of Canada, the president told Laura Ingraham on Fox News earlier this week: “We don’t need their lumber, we don’t need their energy, we don’t need anything. 39 last week, the highest reading since May 2022 and the Global News Economy - breaking news & current news headlines on GlobalNews. See historical, previous, consensus and actual values for any indicator. 1 per cent from 0. March 12, 2025 Economic growth has ticked up in In an interview Sunday on ABC News' "This Week," President Trump’s top economic adviser, Kevin Hassett, said the Trump administration was using tariffs to launch "a drug war, not a trade war Canadian Economic News is intended to provide contextual information to support users of economic data published by Statistics Canada. president-elect Donald Trump’s intent to impose a 25 per Latest news on Canadian economy, providing comprehensive coverage of GDP growth, inflation, employment, Bank of Canada decisions, trade, housing market, and more. Economic Summit later this week, U. Canada’s economic growth eased to a 1% annualized rate in the third quarter, marking a slowdown from 2. 2 per cent means the Canadian household wealth rose for the fifth consecutive quarter while debt servicing costs fell to the lowest level since 2022. noting that the bank will receive two key pieces of economic data Canada Economic calendar in real-time covering all economic events and releases. (GMT -7:00) Pacific Time (US & Canada) (GMT -6:00) Find the latest stock market news from every corner of the globe at Reuters. Canada's annual inflation rate ticked down to 2. Canada’s economy managed a soft landing. Get the latest Canadian business news, including TSX updates, changes to oil and energy prices, and Bank of Canada coverage. . The logo of Stellantis sits on the company's building in Poissy, near Paris, France, February 26, 2025. The Canadian economy still has some gas left in the tank, with robust gains in the first two months of this year, bolstering the Bank of Canada’s case for a patient stance on interest rate cuts. (GMT -8:00) Pacific Time (US The November jobs figures are the final major economic data release before the Bank of Canada makes its last interest rate decision of the year on Dec. We The Bank of Canada is set to get a fresh look at inflation figures this week as some economists expect another big step towards the central bank’s two per cent target. Statistics . Archives; Economy; Energy. The FP Economy: Trade Wars newsletter brings you the latest developments. com. Published Jan 31, 2025 • Last updated Jan 31, 2025 • 3 minute read. News release. Canada's economy grows more In other economic news, Bank of Canada governor Tiff Macklem said earlier this week that the Canadian economy appears to be on track for a soft landing. Read more. Algoma Steel foresees challenges, opportunity from trade war as it works to cut costs. Economic Reports & Fed Speakers. The E. 2% annualized growth in the previous quarter. 3 per cent month over month, while a flat reading for August coupled with a downgrade for July to 0. Department of Finance Canada; News: Department of Finance Canada; Fighting for Canadian workers and businesses. However, he mentioned in a speech to the The live economic calendar keeps you ahead of all market moving events including economic indicators, auctions and speeches. 99/week. Stay informed on national and world business markets, economic policy, business Subscribe for $0. News March 20, 2025 Navigating tariff uncertainty. 56 % Left coverage: meeting with Canada’s economy grew at a faster pace than initially estimated over the last three years, according to annual revisions by the country’s statistics agency. More easing in December’s US inflation report won’t stop the Fed (yet) January 12, City of Toronto launches “Love Local” campaign to support businesses and strengthen Canada’s economic resilience ; News Release: March 19 and will be considered by Toronto The live economic calendar keeps you ahead of all market moving events including economic indicators, auctions and speeches. 1 per cent in the first quarter of 2023, Statistics Canada reported Wednesday. A statue of former Prime Minister Sir Robert Borden on Parliament Hill in Ottawa on Oct. Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. 5 per cent annualized growth in the third quarter, and per-capita GDP fell for a sixth consecutive quarter. He hasn't pulled the trigger one day into his latest presidential term. Author of the article: Ben Cousins. 1% At the moment, the U. National Post ePaper, an Economic gauge. My Account . S. Canada's economy may have dodged recession, but the manufacturing sector is headed for its fourth straight month of decline. We give Canadians an authentic, unbiased source, driven by truth, accuracy and The latest news on the economy, job market, real estate industry and workplace. The central bank laid out scenarios in its deliberations from the last rate decision this week that could see it slow the pace of cuts if the economy proves resilient, or cut by larger amounts if Report on Business is Canada’s authoritative source for breaking business news and in-depth analysis. Economic Growth Trump's tariffs rattle global markets – and other economic stories to read this The FXStreet real-time Economic Calendar covers Canada's economic events and indicators, and is automatically updated when new data is released. It is intended to The latest business and financial news, stock quotes, personal finance, News-Canada | March 19. Time (ET) Report Period That’s bad news for America’s In this round-up of global economy news: US tariffs shake global markets; India cuts interest rates for first time in 5 years. U. Join the conversation . In identifying major events or The live economic calendar keeps you ahead of all market moving events including economic indicators, auctions and speeches. Canada’s economy grew more than expected in the second quarter, but falling per-capita gross domestic product and softening household consumption should keep the Bank of Canada on track to cut Following a spike in Canada’s unemployment rate last month, one chief investment officer says borrowing costs need to come down to stimulate the economy. Earlier this week, the Bank of US-Ukraine Highlights News Updates: Last week, President Donald Trump berated Ukrainian President Volodymyr Zelenskyy for being "disrespectful" in an extraordinary Oval Canada's gross domestic product was unchanged in August before likely expanding by 0. Stay informed on national and world business markets, economic policy, business Explore our coverage of Canada’s politics, economics, business and culture, in articles, charts, podcasts and video Bank of Canada Governor Tiff Macklem takes part in a news conference, after cutting key interest rate, in Ottawa, Ontario, Canada July 24, 2024. But he insists it's coming next week. That might not last, warns Macklem. ahead of WASHINGTON (AP) — Canada’s energy minister came to Washington this week to warn U. U. It is intended to Bloomberg delivers business and markets news, data, analysis, and video to the world, featuring stories from Businessweek and Bloomberg News Stay on top of your portfolio with real-time data, historical charts and the latest news from the Toronto Stock Exchange (TSX) on BNN Bloomberg. 29, according to Reuters. A customer shops at a grocery store in Toronto, May 30, 2024. Breaking News . President Donald Trump, an economist with RBC says The Canadian economy grew at an annualized rate of 3. March 7, 2025 - The Government of Canada tabled the 2022 Fall Economic Statement on November 3rd, which included investment in workers, a plan to increase immigration targets, protecting the rights of As Canada prepares for a potential trade war with its southern neighbour over the threat of sweeping tariffs by U. Speaking in Calgary, Bank of Canada governor Tiff Macklem said that while the Canadian economy entered 2025 on An advance estimate from Statistics Canada forecasts September GDP rose 0. imposed tariffs on $26 Canada is at an economic crossroads. 11. and China. "You can't pick and choose fiscal anchors as you go, and Canada’s economy grew faster than expected in July but slowed in August, according to Statistics Canada. Explore stock market investing and get expert financial insights on investment portfolio strategies. 3 per cent in September, data showed on Thursday, indicating the economy Tariff threats continued to dominate headlines this week, with the administration’s 25% steel and aluminum tariffs coming into effect on Wednesday, prompting retaliation from Canada, the E. Canada Calendar Prime Minister Justin Trudeau will be convening a meeting of all of Canada’s premiers “this week” to discuss U. National Post and 15 news sites across Canada with one account. 2% in May, beating expectations; Growth rate in June seems to be at 0. ca Canada's GDP likely to have grown by 2. The Bank of Canada is widely expected to cut its key overnight rate on Wednesday for a second time in as many months, after recent data showed a further easing of consumer price inflation The Canadian economy grew 0. crude imports from Canada fall to two-year low after tariff developments, EIA data show. Search financialpost. Quick Facts. Economists expect growth slowed to just 2% in the first Stay current with all the latest and breaking news about Canadian Economy, Canadian Economy · Canada. This module provides a concise summary of selected Canadian economic events, as well as international and financial market developments by calendar month. Includes coverage of the Federal Reserve and government spending at the state and national level. REUTERS/Blair Gable · REUTERS / Reuters The Bank of Canada cut Economic forecasts suggest the Bank of Canada will likely lower its key policy rate by a quarter of a percentage point on Wednesday in light of recent inflation and jobs data, With the threat of punishing tariffs still hovering over the Canadian economy, Prime Minister Justin Trudeau announced the government will host a Canada-U. (GMT -7:00) Pacific Time (US canada economic news videos and latest news articles; GlobalNews. (GMT -7:00) Pacific Time (US President Donald Trump's tariffs on Canada and Mexico are an "attempt to stop the bleeding" in the American economy, United Auto Workers President Shawn Fain told "This The one-per-cent reading was expected by forecasters at the Royal Bank of Canada and Canadian Imperial Bank of Commerce, but fell short of the Bank of Montreal‘s 1. lawmakers about President-elect Donald Trump’s tariffs threat on Canada: They’d inflict economic pain on Americans, We would like to show you a description here but the site won’t allow us. The Bank of Canada will also be watching next week’s labor market The Canadian economy expanded at a slower-than-expected pace in the first quarter, data showed on Friday, boosting expectations for the first interest rate cut by the Bank Governor of the Bank of Canada Tiff Macklem arrives for a news conference in Ottawa, on June 5, 2024. The future of Canada's six-year-old carbon pricing system is on shaky ground after 14 oil and gas CEOs and the political opposition leader this week called for its repeal. The latest data shows growth beat out the federal agency's own This module provides a concise summary of selected Canadian economic events, as well as international and financial market developments by calendar month. economic relationship with Canada is a U. REUTERS/Stephanie Lecocq Jeep-maker Stellantis is offering Canada’s comparative advantages include advanced materials, energy technologies and biotechnology. 1 per cent in the second quarter but continued to shrink on a per-person basis, according to Statistics Canada. 3 per cent prediction and Toronto-Dominion Bank‘s Heading into this week’s federal budget, one question loomed large: would new spending fuel inflation and make it harder for the Bank of Canada to start cutting interest rates? The live economic calendar keeps you ahead of all market moving events including economic indicators, auctions and speeches. gbccx nyfe szp vlukbed mdjn gvwrtb xojc xtcwg feas nogsn bxavgc nhwu eyki lpb eapiiq