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The US dollar advanced against the Canadian dollar as hotter core CPI data solidified expectations for an imminent Federal Reserve rate hike. Higher Treasury yields pressured gold, while crude oil pr…
The Canadian dollar edged lower near 1.3808 against the greenback despite crude surging above $100 a barrel amid escalating US-Iran tensions. Gains for the loonie were limited by broader risk aversio…
The Canadian dollar strengthened near 1.38 per USD amid broad greenback softness and firmer crude oil prices. Canada's retaliatory tariffs on $20 billion of US goods took effect, while potential ener…
Canada unexpectedly lost 42,000 jobs in August against expectations of a 15,000 gain, sending USDCAD higher to 1.3834. Meanwhile, stronger US jobs growth and Middle East supply concerns supported cru…
Canada's provincial fiscal outlook improved with the combined deficit projected at CA$35.6 billion, aided by Alberta's turnaround to a CA$2 billion surplus on higher oil prices, according to BMO. The…
The Canadian dollar strengthened against the USD following hawkish commentary from the Bank of Canada warning of inflation risks. Higher oil prices and rising Canadian government bond yields added fu…
The Bank of Canada held its benchmark rate at 2.25% amid escalating US-Canada trade tensions and tariff threats. While rising oil prices stoke inflation concerns, tariff-related growth risks cloud th…
Donald Trump dramatically escalated trade tensions with Canada by enforcing 50% tariffs on Canadian imports, threatening 50% auto tariffs, and prompting retaliatory Canadian measures. The deteriorati…
Royal Bank of Canada reported record Q3 2026 earnings of $6 billion, up 11% year-over-year, driven by resilient domestic banking, robust wealth management, and strong capital markets. Management high…
US mortgage rates showed a slight uptick at the end of August 2026. The 30-year fixed rate rose to 6.55%, while adjustable rates slightly fell. Overall, rates remain lower year-over-year, creating a …
UBS warns that US tariffs threaten Canadian provincial economies, particularly Ontario and Quebec, due to high export exposure in autos, steel, and aluminum. Weaker growth may increase provincial bor…
Trump threatened a 50% tariff on Canadian vehicles, auto parts, and steel following collapsed US-Canada trade talks. Automakers like Stellantis, Ford, and GM face heavy margin pressures, while Canada…
The US raised tariffs on Canadian goods to 50% following collapsed trade talks, but excluded crude oil due to refinery dependence. Meanwhile, diplomatic talks between Iran and Oman regarding a tempor…
The Canadian dollar weakened against the greenback as escalating US-Canada trade tensions and retaliatory tariffs threatened Canadian economic growth. Worsening trade relations prompted markets to pr…
U.S. steelmakers Steel Dynamics, Nucor, and Cleveland-Cliffs saw share gains as escalating U.S.-Canada trade tensions revived focus on potential steel tariffs.
Canadian retail sales rose 0.6% to C$74.3bn in June, driven by strong core sales and a 9.9% surge in e-commerce. However, an advance estimate suggests a 0.8% decline in July retail sales.
The Canadian dollar weakened towards 1.37 against the US dollar following the collapse of trade negotiations and the implementation of 50% US tariffs on Canadian goods. Canada planned retaliatory tar…
President Trump announced a three-day pause on proposed 50% tariffs on Canadian goods as both nations negotiate a trade deal. Relief on auto, steel, aluminum, and alcohol tariffs supports Canadian cr…
Crude oil prices surged over 1% due to escalating US-Iran tensions and potential Strait of Hormuz supply disruptions. Gold edged higher, while USDCAD fell 0.40% after better-than-expected Canadian ma…