Category Archives: Blog

Light at the End of the Tunnel for U.S. & Canadian Consumers?

Canadian consumer

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 […]

Canada Reports Surprise Job Gains, Putting October Interest Rate Cut in Jeopardy

Canada employment report September 2025

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 […]

S&P 500 Defies Economic Headwinds: Why Analysts Remain Bullish Despite Tariffs & Recession Fears

S&P 500 Defies Economic Headwinds

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 […]

Canadian Economy Takes a Hit in the Second Quarter as U.S. Tariffs Hurt Exports

U.S. Tariffs Hurt Exports

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 […]

U.S. President Donald Trump Threatens 35% Tariff Against Canadian Imports

35% Tariffs

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 […]