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Today: July 07, 2026
Today: July 07, 2026

Canadian economy

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Canada's trade surplus in May jumps to a four-year high as US exports surge

Canada's trade surplus widened to a four-year high in May, with exports rising for the fourth consecutive month, as goods shipped to the United States

Canada's trade surplus in May jumps to a four-year high as US exports surge
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Canada's Ivey PMI falls to three-month low in June

Canadian economic activity expanded at a slower pace in June as measures of employment and prices fell, Ivey Purchasing Managers Index (PMI) data showed on

Canada's Ivey PMI falls to three-month low in June
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Canadian firms' inflation outlook eased after Iran ceasefire, BoC survey finds

(Corrects paragraph 2 to show next rate decision is next week, not in three weeks; corrects paragraph 8 to show figure was higher, not lower) By Promit Mukherjee and David Ljunggren OTTAWA, July 6 (

Canadian firms' inflation outlook eased after Iran ceasefire, BoC survey finds
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Bank of Canada consultations back 2% inflation target, flag affordability concerns

The Bank of Canada's consultation on its monetary policy framework review found broad support for its 2% inflation target, but participants complained

Bank of Canada consultations back 2% inflation target, flag affordability concerns
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Macklem says latest inflation data looks very concentrated in oil prices

Bank of Canada Governor Tiff Macklem said on Tuesday the latest inflation reading showed price increases were concentrated in energy, but admitted that food inflation was a

Macklem says latest inflation data looks very concentrated in oil prices
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Ahead of G7, Canada's Carney softens tone toward Trump with trade talks at stake

Canadian Prime Minister Mark Carney is expected to be more muted in his criticism of U.S. President Donald Trump at an upcoming summit in Europe

Ahead of G7, Canada's Carney softens tone toward Trump with trade talks at stake
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Canada's Ivey PMI rises to eight-month high in May

Canadian economic activity expanded at a faster pace in May and inflation pressures heated up, Ivey Purchasing Managers Index (PMI) data showed on Friday.

Canada's Ivey PMI rises to eight-month high in May
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Bank of Canada says don't put much weight on GDP data showing technical recession

The Bank of Canada on Monday cautioned against putting too much weight on recent GDP data which showed two consecutive quarters of decline on an annualized basis.

Bank of Canada says don't put much weight on GDP data showing technical recession
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Bank of Canada says financial system is solid, but vulnerabilities have grown

The Canadian financial system is in good shape but vulnerabilities are growing amid a highly volatile economic and geopolitical

Bank of Canada says financial system is solid, but vulnerabilities have grown
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Canada's unemployment rate rises to six-month high as full-time jobs drop

Canada's unemployment rate rose to a six-month high in April to 6.9% as the economy lost a net 17,700 jobs, Statistics Canada data showed on Friday,

Canada's unemployment rate rises to six-month high as full-time jobs drop
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Canada's Ivey PMI rises to seven-month high in April

Canadian economic activity expanded in April at the fastest pace in seven months as measures of employment and prices accelerated, Ivey Purchasing Managers Index (PMI) data

Canada's Ivey PMI rises to seven-month high in April
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Canada swings to trade surplus in March as crude prices, gold exports jump

Canada's merchandise trade balance swung to a surplus in March, globally and with the United States, as higher crude oil prices and strong demand for gold

Canada swings to trade surplus in March as crude prices, gold exports jump
Business|Economy

Carney's fiscal update shows smaller Canadian deficit, new spending

Canadian Prime Minister Mark Carney's fiscal update on Tuesday committed billions of dollars in new spending on a new skilled

Carney's fiscal update shows smaller Canadian deficit, new spending
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Canada's annual CPI rises to 2.4% as Iran war drives up gasoline costs

Canada's annual inflation rate rose to 2.4% in March, with prices jumping 0.9% on the month, as higher crude oil costs drove up gasoline prices, data

Canada's annual CPI rises to 2.4% as Iran war drives up gasoline costs
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Carney says Canada's economic ties with US are a weakness that must be corrected

Canadian Prime Minister Mark Carney says Canada’s strong economic ties to the U.S. were once a strength but are now a weakness that must be corrected

Carney says Canada's economic ties with US are a weakness that must be corrected
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Toronto home sales snap losing streak as lower prices entice buyers

Greater Toronto Area home sales rose for the first time in six months in March in a sign that reduced prices have lured more homebuyers into the market,

Toronto home sales snap losing streak as lower prices entice buyers
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Canada warns USMCA could face annual reviews, fueling uncertainty and chilling investment

Canada’s minister for U.S. trade says the Canada-U.S.-Mexico Agreement could be subject to annual review and that uncertainty could be the objective of the Trump administration

Canada warns USMCA could face annual reviews, fueling uncertainty and chilling investment
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TSX falls to 10-day low as investors fret about AI spending levels

Canada's main stock index fell to a 10-day low on Monday as worries about the sustainability of the spending boom around artificial intelligence offset an easing of

TSX falls to 10-day low as investors fret about AI spending levels
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TSX futures flat ahead of Canada's inflation data

Futures tied to Canada's main stock index were little changed on Monday, as investors braced for fresh economic indicators domestically and from the U.S.

TSX futures flat ahead of Canada's inflation data
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Canadian Conservative leader struggles to unify party divided over Trump-style politics

A lifelong politician who just last year was projected to become prime minister of Canada, Conservative leader Pierre Poilievre is now struggling to define his party’s

Canadian Conservative leader struggles to unify party divided over Trump-style politics