The TSX had a pretty stellar 2024, advancing 21%. Will the Canadian stock market register gains similar to those in 2025, especially in light of U.S. President Donald Trump’s proposed 25% tariffs on Canadian goods and 10% tariff on oil and gas? Then there are the 25% tariffs on steel and aluminum, which would, according […]
Category Archives: Blog
13
Feb
Feb
U.S. President Trump has paused implementing crushing, broad-based 25% tariffs on Canada and Mexico until early March, but that doesn’t mean he is taking a break from implementing any tariffs. On February 10, President Trump announced that he would be implementing a 25% tariff on all steel and aluminum entering the U.S. This is on […]
07
Feb
Feb
In late January, the Bank of Canada cut its key overnight lending rate, which impacts interest rates, by 25 basis points to 3%. This is the fifth straight cut since June 2024 when interest rates stood at 5%. The modest 0.25% interest rate cut was widely expected with Canada’s annual inflation rate falling to 1.8% […]
30
Jan
Jan
All eyes have been on big technology stocks thanks to the emergence of Artificial Intelligence and the need for software that can meet the need for massive amounts of data. Most big technology stocks are expected to do exceptionally well in 2025. In 2024, Nvidia Corporation stock rallied an impressive 171%. At the start of […]
23
Jan
Jan
With President Trump now in the Oval Office, Canadians and investors will be watching to see if he follows through on his proposed 25% tariff against Canadian goods. President Trump has said the tariffs are necessary because the U.S. has a $200 billion trade deficit with Canada. Interestingly, that number is sorely inflated. In 2023, […]
16
Jan
Jan
The Bank of Canada cut its key lending rate, which sets interest rates, five times in 2024, from 5% in May to 3.25% in December. Despite the big drop in interest rates, policymakers had forecast that the central bank could be even more aggressive with its interest rate cuts in 2025. That now seems in […]
10
Jan
Jan
North American equities performed exceptionally well in 2024, even doing better than what analysts expected. After rising 24.3% in 2023, the S&P 500 rallied an impressive 23% in 2024, marking its best two-year run in 25 years. Those are big gains, especially in light of the fact that the S&P 500 has gained around 10.5% […]
26
Nov
Nov
Canada’s inflation rate unexpectedly jumped to 2.0% in October from 1.6% in September. Analysts were expecting Canada’s inflation rate to climb in October to 1.9%. Every month, Canadian inflation inched up 0.4%, versus expectations for a 0.3% gain. It was also the first time since May that Canadian inflation increased. Statistics Canada said the higher-than-expected […]
19
Nov
Nov
Since President-elect Donald Trump’s decisive election win on November 5, the stock markets have been on fire with the S&P 500, Dow Jones Industrial Average, Nasdaq, and TSX all hitting record highs. And that’s saying something. The broader stock markets did well in 2023, in spite of inflation, high interest rates, and fears of a […]
12
Nov
Nov
President Donald Trump proved the naysayers wrong when he won a decisive victory on November 5, paving the way for the country’s 45th president to also be its 47th president. President-elect Donald Trump campaigned on a number of policies that will have big implications on both the Canadian economy and Canadian stocks. Will President Trump […]
