Get the latest news and updates on cross-border customs and international trade.
Posted March 16, 2018
Currency traders looking to profit from a bet that Mexico would fare worse in the renegotiation of NAFTA have seen their wager go from “stud to dud” as the Trump administration increasingly targets Canada. 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 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
Posted January 15, 2018
Despite lingering uncertainty over NAFTA and various other economic concerns, market analysts expect the Bank of Canada on Wednesday to once again hike its benchmark interest rate. Continue Reading
