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The loonie is trading at lows not seen in years. Here's what it …
Oct 30, 2024 · Adam Button, chief currency analyst with ForexLive says the Canadian dollar has fallen to its lowest level since 2020 and with rate cuts coming and a U.S. election on the horizon, there’s every reason to think even lower levels could be on the table.
As Trump vows major tariff hike, a look at what the U.S. imports …
Nov 26, 2024 · Some Canadian products could face huge tariffs on the first day of Donald Trump’s administration in January, potentially hurting companies, workers and consumers on both sides of the border if the U.S. president-elect is able to implement them.
Canadian dollar weakness to persist into 2025, expert says - BNN …
Nov 18, 2024 · The Canadian dollar will remain weak through at least the end of this year, some experts say, though a rebound could come in 2025. After falling to a four-year low last week, the loonie was up slightly Monday at 71.18 cents US.
How Trump tariffs could affect consumer prices in Canada - BNN …
Dec 10, 2024 · President-elect Trump recently threatened Canada and Mexico with 25 per cent tariffs. Canada has responded swiftly, with Prime Minister Justin Trudeau touting the need for a united front to deal with the new administration and flying to dine with Trump at Mar-a-Lago.
What is a trade deficit — and does it matter to the economy?
Dec 19, 2024 · In a post on Truth Social early Wednesday, Donald Trump claimed his country is financially supporting its northern neighbour. The U.S. president-elect wrote that “we subsidize Canada to the tune of $100,000,000 a year” — an apparent reference to a previous claim about a $100-billion trade gap — and said the imbalance “makes no sense.”
A by-the-numbers look back at Canadian finance in 2024 - BNN …
Dec 30, 2024 · As the year comes to a close, it’s clear banks and borrowers fared better than feared, leaving some of the biggest stories in the financial industry to be blockbuster deals, surprises and scandals at individual lenders.
Here’s How Bad China’s Economy Really Is. Can It Be Fixed?
Oct 3, 2024 · China’s leaders are aiming for economic growth of around 5% this year, an ambitous goal given sluggish consumer spending, a global backlash against Chinese goods and a still shaky property market. In September, with the target sliding out of reach, Beijing unleashed a package of stimulus measures including interest rate cuts to turn things around. Success is not …
Eric Nuttall’s Top Picks for November 21, 2024 - BNN Bloomberg
Nov 21, 2024 · Eric Nuttall, partner and senior portfolio manager, Ninepoint Partners. FOCUS: Energy stocks. Top Picks: MEG Energy, ARC Resources, Tamarack Valley
US Lumber Industry Set to End Canada’s Dominance as Tariffs …
Nov 4, 2024 · The southern US is poised to surpass Canada’s long-held dominance over the North American lumber industry as decades of trade restrictions take a toll on its northern neighbor.
Canada Trade Surplus With US Narrows as Tariff Fight Looms
Dec 5, 2024 · Canada’s trade surplus with the US helped the northern nation avoid a deeper overall deficit, underscoring the importance of its biggest trading partner as President-elect Donald Trump threatens crippling tariffs.