Economy

Ontario suspends 25% tariff hike on power exports to US after 'produ...
March 12, 2025 07:55 PM AEDT | By InvestingInvesting.com - The Canadian province of Ontario on Tuesday said it would suspend its 25% hike on electricity exports to the United States after the t...

Canada suspends 25% tariff hike on power exports to US after 'produc...
March 12, 2025 08:03 AM AEDT | By InvestingInvesting.com -- Canada on Tuesday said it would suspend its 25% hike on electricity exports to the United States after the two countries agreed to me...

US economy set for bigger tariff-induced hit, inflation headwinds: G...
March 11, 2025 06:47 AM AEDT | By InvestingInvesting.com -- The U.S. economy is set for weaker growth and higher inflation as the tariff impact is likely to be greater than previously feared, e...

Ontario moves ahead with 25% electricity export tariff for three U.S...
March 11, 2025 04:09 AM AEDT | By InvestingInvesting.com -- Ontario Premier Doug Ford (NYSE:F) moved forward with a decision to implement a 25% tariff on electricity exports to Michigan, New Yo...

ING sees Bank of Canada cutting rates amid tariff-induced recession...
March 11, 2025 02:19 AM AEDT | By InvestingInvesting.com -- ING Economics economist James Knightly anticipates a further rate cut from the Bank of Canada (BoC) due to the cloudy outlook caused...

Carney vows "Canada will win" tariff war
March 11, 2025 01:43 AM AEDT | By InvestingThis article first appeared in Investing.com

Trump put might have a lower strike than the market thought: BofA
March 11, 2025 01:41 AM AEDT | By InvestingInvesting.com -- Bank of America analysts said in a note Monday that while the market correction prompted some policy moderation, the broader capital...

BofA: Expect Bank of Canada to cut rates amid tariff uncertainty
March 11, 2025 12:37 AM AEDT | By InvestingInvesting.com -- Carlos Capistran, an economist at B of A Securities, predicts that the Bank of Canada (BoC) will cut its policy rate by 25 basis poin...

Tariff uncertainty has likely not peaked yet, JPMorgan warns
March 10, 2025 11:17 PM AEDT | By InvestingInvesting.com -- JPMorgan analysts cautioned that ongoing tariff uncertainty remains a significant risk for markets, particularly in the Eurozone.

BCA downgrades equities to underweight as US is heading towards rece...
March 10, 2025 10:55 PM AEDT | By InvestingInvesting.com -- BCA Research downgraded equities to underweight in a note Monday, warning that the U.S. economy is likely to slide into recession due...

Canada unveils measures to counter U.S. tariffs, support local busin...
March 08, 2025 06:09 AM AEDT | By InvestingInvesting.com -- In response to the recent tariffs imposed by the United States administration, the Canadian federal government has announced a series...

Trump could announce reciprocal tariffs on Canada for dairy, lumber...
March 08, 2025 05:19 AM AEDT | By InvestingInvesting.com -- In remarks from the Oval Office on Friday, U.S. President Donald Trump discussed with disgust the massive tariffs Canada has on dairy...

Canadian labor market sees minor changes in February 2025
March 08, 2025 01:29 AM AEDT | By InvestingInvesting.com -- In February 2025, Canada's employment rate remained steady, with an addition of just 1,100 jobs, according to a recent labor force su...

Trump provides Mexico, Canada with temporary tariff reprieve
March 07, 2025 08:25 AM AEDT | By InvestingInvesting.com -- President Donald Trump on Thursday signed orders that exempted tariffs on goods and services that are compliant with the United State...

Is the U.S. economy headed for recession?
March 07, 2025 03:15 AM AEDT | By InvestingInvesting.com -- Despite its forecasted 1.9% annualized contraction in first-quarter GDP, Capital Economics does not expect the U.S. economy to enter...

Trump considers tariff exemptions for Canada, Mexico agri goods - re...
March 06, 2025 05:21 PM AEDT | By InvestingInvesting.com -- U.S. President Donald Trump is now said to be contemplating an exemption of specific agricultural products from tariffs enacted on Ca...

Trump considers tariff exemptions for agricultural from Canada, Mexi...
March 06, 2025 11:25 AM AEDT | By InvestingInvesting.com -- U.S. President Donald Trump is now said to be contemplating an exemption of specific agricultural products from tariffs enacted on Ca...

US weighs one-month delay of auto tariffs on Canada, Mexico
March 06, 2025 05:31 AM AEDT | By InvestingInvesting.com -- The Trump administration is considering a one-month delay on newly imposed auto tariffs for Mexico and Canada, offering a temporary r...

BofA: U.S. tariffs remain 'alive and dead' at the same time
March 06, 2025 12:27 AM AEDT | By InvestingInvesting.com -- Bank of America analysts described the current U.S. tariff situation as both “alive and dead” at the same time, noting that tariff un...

Canadian petroleum industry urges export diversification following U...
March 05, 2025 07:27 AM AEDT | By InvestingInvesting.com -- In response to the recent implementation of across-the-board tariffs by the U.S., the Canadian Association of Petroleum Producers (CA...