Daily News

Source: Financialpost January 12, 2025

Howard Levitt: Trudeau's exit a reminder of the perils of wrongful resignation

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by Workday Workday Leaving your employer in the lurc...

Source: Financialpost January 11, 2025

William Watson: Make the states provinces, Donald, and be PM for life

There would be huge advantages for the U.S. president if Canada did a leveraged buy-out and made the states provinces in our ConfederationOK, Mr. president-elect, how about we explore this idea you have of a North American union? Flesh out some of its detail...

Source: Financialpost January 11, 2025

A cut in January, then a pause: What jobs data mean for Bank of Canada and interest rates

Although the jobless rate fell in December, it is still up 0.9 percentage points from a year ago, when it was 5.8 per centThe Canadian economy generated 91,000 jobs in December, beating economist estimates and pushing down the unemployment rate to 6.7 per ce...

Source: Financialpost January 11, 2025

How far could Trump go using 'economic force' to try and annex Canada?

Experts look at possibilities, from tariffs to economic pain usually reserved for the U.S.'s worst enemiesU.S. president-elect Donald Trump suggested he would use “economic force” to annex Canada at a press conference this week, marking an escalation in the...

Source: Financialpost January 11, 2025

Canada's job gains smash expectations and unemployment rate drops

Economy gains 91,000 jobs, nearly quadruple the number forecastCanada added far more jobs than expected in December, defying concerns about the state of the economy and helping to push the unemployment rate down to 6.7 per cent. We apologize, but this vid...

Source: Financialpost January 10, 2025

Philip Cross: Justin Trudeau’s failed vision for Canada

The Liberal leader leaves office with a vague legacy and little impact either domestically or abroadIn his recent book, On Leadership: Lessons for the 21st Century, former British prime minister Tony Blair writes that “it takes 10 years to change a country.”...

Source: Financialpost January 10, 2025

History is foreshadowing the worst of times for markets

Noah Solomon: Longer-term investors should review their exposure to megacap tech stocks and the S&P 500 IndexAs we enter 2025, the general consensus is that stocks are set to deliver another year of decent returns. Most strategists contend that we will be in...

Source: Financialpost January 10, 2025

Don't count on Bank of Canada to bail out economy if tariffs imposed, economists say

Lowering interest rates will do little to stimulate investmentCanada needs to resolve its political uncertainty as quickly as possible so it can address the challenges posed by incoming U.S. president Donald Trump, National Bank of Canada economist Warren Lo...

Source: Financialpost January 10, 2025

'What are you complaining about?': Economists assail Trump's Canada trade claims

When stripping out oil and gas, the U.S. actually has a significant trade surplus with CanadaU.S. President-elect Donald Trump has justified his threat of 25 per cent tariffs on Canada by pointing to the U.S. trade deficit. Top Canadian economists have a res...

Source: Financialpost January 09, 2025

'Some men just like to watch the world burn:' Donald Trump's 'economic force' threats spark worry, disbelief in Canada

President-elect's comments about northern neighbour reveal he doesn't understand trade, says expertTORONTO — Incoming U.S. president Donald Trump‘s threats to use “economic force” against Canada and its industries are sparking worry and disbelief. We apol...