U.S.-Canada trade deficit is highest in 20 years. Does it justify tariffs?
Canada typically sells more goods and services to the United States than it buys, an issue — or non-issue, according to economists — that dates back decades.
Bank of Canada prepares for a trade war
The Bank of Canada has cut the overnight rate by 25bp to 3.0%. Cumulative easing now amounts to 200bp since June. The BoC has also announced an end to its quantitative tightening programme, which had been used to shrink its balance sheet. Instead, it will restart gradual asset purchases so its balance sheet stabilises as a proportion of GDP.
Carney Says Canada Can Use Electricity for Leverage If US Starts Trade War
Mark Carney, the former central banker who’s running to lead Canada, said the government should be open to curbing electricity exports to the US if it needs to retaliate against tariffs from the Trump administration.
David Rosenberg: There are better ways for Canada to fight back than a full-on trade war
Hitting back with tariffs, export taxes or energy shipment blockages will only deepen the recession that is inevitable
How a Trump Trade War Puts Cheap Oil From Canada at Risk
The cheap Canadian oil America craves is becoming a key bargaining chip in President Trump’s threatened trade war.
Bank of Canada cuts rates, says tariff war could be very damaging
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and warned Canadians that a tariff war triggered by the United States could cause major economic damage.
Bank of Canada cuts rate to 3% amid trade uncertainty with the United States
The Bank of Canada cut its interest rate by 25 basis points to three per cent Wednesday, warning that a potential trade war with the U.S. could stunt economic growth over the next few years. Bank of Canada governor Tiff Macklem noted in his opening remarks that while inflation has held near the bank’s two per cent target since August and household spending is picking up,
Bank of Canada Cuts Rates, Warns of Economic Shock From Trade Conflict
The Bank of Canada on Wednesday cut its benchmark rate for a sixth straight time, and warned of a significant shock to the economy from a U.S.-Canada trade conflict with tariffs of up to 25%.
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Canada cannot win a tariff war against Trump, former Quebec premier Philippe Couillard says
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
Canada December wholesale trade most likely up 0.1% - Statscan flash estimate
Canadian wholesale trade most likely rose 0.1% in December from November, largely driven by higher sales in the motor vehicle ...
Wisconsin businesses back Trump's China tariffs, but worry about tariffs on Mexico, Canada
The Trump administration could soon implement tariffs on China, Canada and Mexico, impacting the U.S. and Wisconsin's top ...
Canada’s Plan for a Trade War: Pain for Red States and Trump Allies
Canadian officials are preparing retaliatory measures if the new U.S. administration imposes tariffs on Canadian imports.
What a sixth Bank of Canada interest rate cut could mean for mortgages as tariffs loom
The tariff threat, coupled with cost-of-living constraints that remain front and centre for many Canadians, might blunt the ...
Crisscross Oil Trade Complicates Trump’s Plans for Canada Tariffs
Welcome to our guide to the energy and commodities powering the global economy. Today, reporter Robert Tuttle looks at the ...
The lessons for Canada, Mexico, and China from Trump's 10-hour trade war against Colombia
A brief standoff with Colombia holds important lessons for how future trade conflicts might unfold in the new Trump ...
Live updates: Bank of Canada cuts key interest rate by another 25 basis points, flags tariffs as ‘major source of uncertainty’
The Bank of Canada delivered a 25 basis point cut on Wednesday as inflation remains close to 2 per cent, but the central bank ...