Daily News

Mortgages Source: Financialpost March 29, 2025

You'll rarely hear the word "stagflation" uttered by central bankers, for good reason

Robert McLister: The Bank of Canada called a stagflationary outcome 'complicated,' the understatement of the yearMost people signing their first mortgage today weren’t even a twinkle in their parents’ eyes when Canada last tangoed with stagflation back in th...

Economy Source: Financialpost March 29, 2025

Canada's slumping growth hints at recession starting in second quarter, economists say

Statistics Canada releases GDP flash estimate for February showing growth flatlinedCanada’s economy expanded by 0.4 per cent in January from the month before, beating analysts’ estimates and setting the stage for quarterly annualized growth to hit the Bank o...

News Source: Financialpost March 29, 2025

We asked our readers how to get Canada's economy back on track. Here are the 50 most interesting answers

This is part five of Postmedia's How Canada Wins seriesAs part of Postmedia’s How Canada Wins series, the Financial Post asked readers for their ideas about how to get Canada’s economy back on track. We thank everyone who submitted a suggestion and are publi...

Source: Financialpost March 28, 2025

87% of energy executives think it's time to build a west-to-east pipeline, KPMG survey says

Cross-Canada infrastructure corridor would speed up mega-project constructionCanadian energy executives are pretty much all in on building a west-to-east pipeline, suggests a new survey. We apologize, but this video has failed to load. Try refreshing your...

Source: Financialpost March 28, 2025

Three-year fixed rate provides some certainty for remaining Trump years, at least

Robert McLister: It’s safe to say that April 2's Trump tariff reveal could trigger a pivotal shift in mortgage ratesCanadian mortgage rates slipped yet again this week, falling just in time to meet next week’s incoming tariffs. We apologize, but this video...

Source: Financialpost March 28, 2025

Posthaste: Trump is trashing America's reputation as a trading partner in Canada

Third of business owners have already shifted their trade away from United States, says CFIB We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Trump is trashing America...

Source: Financialpost March 28, 2025

Trump tariffs on Canadian lumber risk toilet paper supply

Trump has pushed tariffs as way to return manufacturing to the U.S., and repeatedly said he doesn’t need Canadian lumberPresident Donald Trump’s promised tariffs on softwood lumber risk disrupting the supply chain for something nobody wants to be caught with...

Economy Source: Financialpost March 28, 2025

85% of Canadian business leaders concerned Canada's economy could slide into a recession: Léger poll

President Trump has threatened “far larger tariffs” if Canada unites with the E.U. to do “economic harm” to the U.S.Amid heightened trade tensions with the United States, a rising number of Canadian business leaders fear an economic crisis is looming and are...

Source: Financialpost March 27, 2025

Vances' new Greenland travel plans offer relief for Denmark

Stops in populated areas where locals had warned of anti-U.S. demonstrations have been droppedUnited States Vice-President JD Vance and his wife Usha revised their travel plans for Greenland this week, relieving some of the growing anxiety in Denmark over Pr...

Source: Financialpost March 27, 2025

White House: Trump to announce auto tariffs this afternoon

White House Press Secretary Karoline Leavitt said Trump would speak from the Oval Office at 4 p.m.United States President Donald Trump will announce tariffs on the auto industry on Wednesday, according to the White House, a move that would escalate his fight...