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Economy
What does Biden taking the throne mean for US-EU trade relations?
November 13, 2020 12:22 PM EST| By Hina ChowdharyWith Joe Biden elected as president of the United States, a lot is set to change, particularly in the trade sector. The harsh views maintained by the previous president Donald Trump with regards to international trade damaged the trade channels sev.....
How Will Post-Brexit Canada-UK Deal Impact Canadian Businesses?
November 11, 2020 06:00 PM EST| By Kunal SawhneyCanada would be ready for a post-Brexit trade agreement with the UK by the end of this year, Prime Minister Justin Trudeau said on Wednesday, November 11. But the UK government may face a ‘bandwidth’ issue in moving forward with.....
Which Canadian Sectors Are Set To Gain With Joe Biden's Presidency?
November 10, 2020 12:53 AM EST| By Team Kalkine Mediai>The S&P/TSX Cannabis Index spiked by almost 15 per cent on Friday. After a much-dramatic 2020 US presidential elections, President-elect Joe Biden is now expected to take over the White House in January 2021. This change of government sout...
A Walk Through European EV market: How Government Subsidies & Cost-Effective Models Pushing Demand?
November 06, 2020 12:09 PM EST| By Hina ChowdharyThe mania for Electric Vehicles (EV) has taken the world by storm, with the escalating popularity of battery-operated motors bucking the globally dismal trends of COVID-19. Significantly, the rise of EV vehicles promises a new dimension worldwide, .....
Joe Biden Vs. Donald Trump: Who Is Winning US Election 2020?
November 05, 2020 08:30 AM EST| By Team Kalkine MediaDemocratic party candidate and former vice president Joe Biden is taking on Republican party’s nominee and current President Donald Trump locked in a tight race in the ongoing US Presidential election 2020. Biden is supported by California Se.....
US Election 2020: Trump or Biden? Trudeau Says Canada is Prepared
November 04, 2020 01:50 AM EST| By Kunal SawhneyWatching the US election 2020 unfold, Canadian Prime Minister Justin Trudeau says Canada is prepared for potential outcomes and is hoping for a smooth transition during the US election 2020. Current president Donald Trump, who’s been question.....
How Would The US Election 2020 Results Impact Canada's COVID Recovery?
November 04, 2020 12:51 AM EST| By Team Kalkine MediaLate Canadian Prime Minister Pierre Trudeau had once famously likened having a neighbor like the United States to "sleeping with an elephant”, in the sense that its movements had a cascading impact on Canada. With the US presidential election.....
US Elections 2020: What Donald Trump’s Return Means For Canadian Economy?
November 03, 2020 04:33 AM EST| By Team Kalkine MediaBefore the 2016 United States presidential elections, many analysts had predicted that American business tycoon Donald Trump’s win would bring the stock markets to a crash. But when he beat Hillary Clinton to the race on 9 November 20.....
US Elections 2020: What Joe Biden’s Presidency Will Mean For Canadian Economy?
November 03, 2020 12:28 AM EST| By Team Kalkine Mediaping Trump’s permit for the Keystone XL pipeline project if he comes to power. With the United States Presidential elections 2020 right around the corner, Canada too is gearing up for likely impacts. However, the impact of Joe Biden becom...
Payroll Employment Growth Slumps In August, Energy Sector Continues To Suffer: StatsCan
November 02, 2020 06:10 AM EST| By Team Kalkine MediaFive months into the coronavirus pandemic, Canada recorded a decline in the payroll employment growth in the month of August, noted a recent study by Statistics Canada. The national data agency released its August results from the Survey o.....
Resurge In Covid-19 Cases Dents Confidence Of Small Businesses In Canada
October 30, 2020 05:26 AM EDT| By Team Kalkine MediaWith a rapid resurgence in Covid-19 cases, business confidence of small business entrepreneurs in Canada fell by nearly 6 index points, to land at a five-month low of 53.3 on the Canadian Federation of Independent Business (CFIB)’s Business B.....
Bank of Canada Maintains Policy Rate to Achieve 2% Inflation Target
October 29, 2020 11:16 AM EDT| By Team Kalkine MediaThe Bank of Canada announced that it will keep its overnight rate steady at 0.25 per cent until the inflation target of 2 per cent is achieved, which is unlikely before 2023, it added. The bank rate will be 0.5 per cent and the deposit rate.....
Bank Of Canada Survey Shows Business Sentiment Is Better But Still Weak
October 20, 2020 07:44 AM EDT| By Team Kalkine MediaBusiness sentiment has progressed in the light of COVID-19 restrictions being phased out, but remains weak in all provinces, said the Bank of Canada’s (BoC) 2020 Autumn Business Outlook Survey. Released on Monday, October 19, the autumn surve.....
What Are PM Trudeau’s Plans For Canadian Economy Amid Looming Second COVID Wave?
September 25, 2020 02:11 AM EDT| By Team Kalkine MediaLast month, Prime Minister Justin Trudeau had suspended the Parliament with the promise of returning with an ambitious legislative plan to battle the pandemic and revive Canada’s economy. On Wednesday, September 23, he finally laid out his pl.....
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Escalating US-China Spat: No End in Sight
September 24, 2020 07:09 AM EDT| By Team Kalkine MediaAt the time when the entire world is collectively fighting the battle against the Global Virus Crisis, the world’s two largest economies are busy settling their scores on COVID-19 origin, technology sharing and human rights abuses grounds. By.....
How are AUD and Yuan Faring Against the Greenback?
September 22, 2020 01:03 AM EDT| By Team Kalkine MediaWhile the COVID-19 pandemic initially spurred a rally in the US dollar amidst heightening worries over the virus crisis, the greenback seems to be on the brink of ending its long-run bull cycle. The US Dollar index (DXY), which traces the America.....
COVID-triggered ‘She-cession’ Causes Hard Financial Times For Canadian Women
September 04, 2020 06:10 AM EDT| By Team Kalkine MediaThe COVID-19 pandemic has hit one and all in some way or another. However, statistics from various surveys show that women have been more exposed to the social and financial hurdles brought on by the pandemic than men. From loss of employment, unpa.....
COVID causes Canada's economy to contract by 38.7% in Q2, worst since 1961
September 02, 2020 02:26 PM EDT| By Team Kalkine MediaBeaten by the loss of business due to COVID-19, Canada’s real gross domestic product (GDP) saw a record dip at an annualized rate of 38.7 per cent in the second quarter of 2020. This is the sharpest dip the Canadian economy has witnessed sinc.....
Future of Canadian Housing Market: A Rebound On The Horizon?
August 29, 2020 12:54 PM EDT| By Team Kalkine MediaThe once-resilient housing market of Canada is undergoing a historical recession triggered by the COVID-19 pandemic, social distancing rules and the overall economic downturn. A cornerstone of Canada’s economic growth till the beginning of 20.....
UBS Follows Suit of Other Investment Banks in Downgrading UK’s GDP Forecast For 2020, Remain Firm for A Bounce Back in 2021
August 26, 2020 09:20 AM EDT| By Team Kalkine MediaThe data of British GDP published by the Office of National Statistics (ONS) earlier this month officially confirmed that the economy is now in recession. Registering a decline of 20.4 per cent, the shrinkage was sharper than most observers had exp.....
