Get the latest news and updates on cross-border customs and international trade.
Posted June 20, 2018
The Canadian dollar dropped to the lowest point in a year, weighed down by a host of factors such as prolonged uncertainty around the renegotiation of NAFTA and Trump’s escalation of global trade tensions. Continue Reading
Posted May 30, 2018
Under Economic Issues
As expected by most analysts, the central bank kept its benchmark interest rate on hold at 1.25%, but suggested another boost could be coming when the bank next updates its economic outlook in July. Continue Reading
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
