Economy

Optimism in Canadian automotive sector despite Trump tariff threats

A potential trade deal between the U.S. and Mexico has been greeted with cautious optimism in the Canadian automotive sector despite renewed threats by U.S. President Donald Trump to impose tariffs on the industry. Trump said Monday the U.S. and Mexico had reached a bilateral “understanding” on a trade agreement that could replace the existing […]

By The Canadian Press |August 27, 2018

3 min read

Canadians’ cannabis spending increases 1.2% in Q2

For investors interested in cannabis, StatsCan figures provide insight on consumption and retail prices, which are increasing and decreasing, respectively. Read: Finding value amid the cannabis confusion Canadian household expenditures on cannabis for both medical and non-medical use increased 1.2% in the second quarter, reports StatsCan. This follows an increase of 1.4% in the first quarter. […]

By Staff |August 27, 2018

2 min read

GDP and other data to look for this week

Upcoming data to watch from the U.S., Canada and Europe

By Staff |August 24, 2018

2 min read

Fed’s Powell hints at road ahead for rate hikes

Powell signalled Friday that he expects the Fed to continue gradually raising interest rates if the U.S. economic expansion remains strong

By Staff, with files from The Associated Press |August 24, 2018

3 min read