Get the latest news and updates on cross-border customs and international trade.
Posted April 09, 2018
According to the central bank’s latest survey of business sentiment, firms remain generally positive about the near-term outlook notwithstanding current trade and competitiveness challenges. Continue Reading
Posted March 14, 2018
After faltering in the wake of yesterday’s announcement that interest rate hikes may become more gradual, the loonie rebounded today on rising oil prices and a more positive outlook for commodities. Continue Reading
Posted March 13, 2018
Trade tensions over the renegotiation of NAFTA and Trump’s new protectionist tariffs means the loonie is at risk of the Bank of Canada stepping back from raising interest rates in the future. Continue Reading
Posted March 08, 2018
Under Economic Issues, International Trade Issues, Other Government Departments-Agencies
Canada’s central bank left its benchmark interest rate unchanged at 1.25% but ramped up its warnings about mounting uncertainty over trade in the wake of Trump’s plan for steel and aluminum tariffs. Continue Reading
Posted March 06, 2018
The Canadian dollar dipped below 77 cents US on Monday, its lowest level since last July, after Trump used proposed tariffs on steel and aluminum as a bargaining chip in the renegotiation of NAFTA. Continue Reading
Posted January 31, 2018
Under Economic Issues, Other Government Departments-Agencies
Canada’s GDP rebounded in November after having unexpectedly stalled the previous month, a signal the economy will likely remain close to full output as the central bank weighs higher interest rates. Continue Reading
