Category Archives: Blog

The U.S. government shut down on October 1 because Congress failed to pass a funding bill. Amongst many things, the shutdown impacts the release of economic data from government agencies. This includes important data on inflation, unemployment, retail sales, construction spending, housing starts, building permits, and import prices; essentially everything that points to the state […]

A trade war with the U.S. was primarily to blame for the Canadian economy losing 41,000 jobs in July and a further 66,000 jobs in August. For September, analysts expected Canada to reverse course and add just 5,000 jobs. How Many Jobs Did the Canadian Economy Add in September? Instead, the Canadian economy posted a […]

Despite tariffs continuing to hammer the U.S. and Canadian economies, the stock market is still trading at record levels. And, while some believe the stock market is ripe for a pullback or even a correction, Wall Street analysts think the S&P 500 will continue to climb higher. How Are Tariffs Impacting the Economy? U.S. President […]

The Canadian and U.S. economies have taken a hit from U.S. President Donald Trump’s global tariff initiatives. Both the Bank of Canada and the Federal Reserve have stepped in and cut their key interest rates. By How Much Did the Bank of Canada Cut Interest Rates? On September 17, the Bank of Canada reduced its […]

The Toronto Stock Exchange (TSX), Canada’s main index, is at record levels, outperforming both the S&P 500 and Nasdaq in 2025. However, the record run comes at a time when the Canadian economy is doing poorly and is, by all accounts, headed for a recession. Why Is the TSX Doing Well When the Canadian Economy […]

All eyes have been on U.S. stocks this year, but the biggest winner so far has been the Toronto Stock Exchange (TSX), Canada’s main index. Despite a raft of global tariffs, weakening economic data, and higher costs, the S&P 500 and Nasdaq are both hovering near record levels. As of September 8, the S&P 500 […]

The trade war with the U.S. is starting to hurt the Canadian economy. The Canadian economy shrank in the second quarter much more than expected, as U.S. tariffs and a strong Canadian dollar hit exports. How Are Tariffs Impacting the Canadian Economy? Second-quarter gross domestic product (GDP) fell by 1.6% at an annualized rate. It […]

Fears of what a global trade war would do to the economy have been holding investor sentiment back. That doesn’t mean the stock market isn’t doing well—it is. The S&P 500, Nasdaq, and TSX are all at record levels. If anything, investors are anxiously waiting to see how stocks did in the second quarter. U.S. […]

The S&P 500, which is an index that tracks how 500 leading stocks listed in the U.S. are doing, just hit another record high. On Monday, July 21, the S&P 500 hit a new record intra-day high of 6336.08. The index is up 2.4% so far this month, which is pretty strong. July is actually […]

In early April, U.S. President Donald Trump unveiled his global tariff policy. At the time, the President promised “90 deals in 90 days.” His plan didn’t go well. Fears of what a global trade war would do to the economy sent stocks reeling. What’s Happening with the U.S. Trade War? Just days after announcing what […]