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Economics

Tariffs on canola seen supercharging Canadian farmers’ shift to spring wheat

In the U.S. Great Plains, where spring wheat once dominated fields, farmers are turning away from the crop. But across the border in Canada, the pinch and prospect of Chinese and U.S. tariffs on canola have prompted farmers to pick up the slack on wheat.

Nova Scotia’s ambitious ‘Wind West’ offshore energy plan wins support with conditions

Two leading environmental groups are giving a thumbs up to Nova Scotia’s ambitious plan to dramatically expand its fledgling offshore wind energy industry.

The Week Ahead: U.S. inflation report due

Here's a look at what investors will be watching for in the week ahead.

U.S., Chinese officials to meet in London next week for new round of trade talks

Senior U.S. administration officials will meet with a Chinese delegation on Monday in London for the next round of trade negotiations between Washington and Beijing, U.S. President Donald Trump said Friday.

Canadian, European space agencies reaffirm relations amid political, economic anxiety

The Canadian and European space agencies say economic and geopolitical turmoil are forcing them to work closer together.

U.S. ambassador Pete Hoekstra says Canada’s economic hopes align with Trump’s goals

The American ambassador to Canada says U.S. President Donald Trump’s goal of enhancing American power aligns with Ottawa’s aim of becoming the fastest-growing G7 economy.

Canada’s unemployment rate in May at almost 9-year high outside pandemic years

Canada’s unemployment rate in May jumped to its highest level in almost nine years, excluding the peak of the COVID-19 pandemic, with 1.6 million jobless people in the country, data showed on Friday.

U.S. money market fund inflows surge on caution over tariffs

U.S. money market funds witnessed huge inflows in the week ended June 4 as investor caution over a rise in U.S. tariffs on steel imports, uncertainties over U.S. President Donald Trump’s trade disputes with China and a crucial employment report on Friday, boosted demand for safer investment avenues.

The Daily Chase: Unemployment rate hits 7%

Here are five things you need to know this morning.

Here’s a quick glance at unemployment rates for May, by Canadian city

Here are the jobless rates last month by Canadian city.

Here’s a quick glance at unemployment rates for May, by province

Here are the jobless rates last month by province.

Ford says Carney is in ‘deep’ trade talks with Trump

Canadian steel companies and union workers are meeting with members of Parliament today with the hopes of convincing Ottawa to punch back at U.S. President Donald Trump’s tariff hike.

Investors wary of U.S. assets are helping to strengthen the loonie: strategist

As investors continue to look for alternatives to U.S. assets amid heightened uncertainty due to U.S. President Donald Trump’s ongoing trade war, the Canadian dollar is gaining against its American counterpart.

BoC should have cut rates as economy moves toward recession: David Rosenberg

One prominent Bay Street economist says the Bank of Canada should have cut interest rates this week to stimulate an economy that he sees as heading towards a recession.

Trump says after Xi call that U.S. and China will resume trade talks

U.S. President Donald Trump said his conversation with Chinese leader Xi Jinping had a 'very positive conclusion' on Thursday, announcing that the two countries will hold trade talks in hopes of breaking an impasse over tariffs.