The White House has escalated trade measures against Canada with full import bans on Canadian dairy, motorcycles, and alcohol, alongside new 50% tariffs on goods like mattresses and paper products. Yet top economists say the overall effect on Canada’s economy will be negligible. Net-Zero Trade Balance Analyses from Scotiabank and BMO indicate the new tariffs impact about $3 billion in Canadian exports, but the U.S. simultaneously lifted tariffs on roughly $2 billion to $3 bil

With the deadline fast approaching, Canadian exporters find themselves staring down a major trade hurdle: a 50% tariff threat from the U.S. targeting nearly US$20 billion worth of goods—ranging from dairy products to apparel. No Safeguards Under CUSMA In a departure from previous trade disputes, these proposed duties would apply across the board, overriding existing protections under the Canada-U.S.-Mexico Agreement (CUSMA). Why Businesses Aren't Rushing the Border While you

If you noticed a slight dip at the pump last month, you’re looking at the main reason Canada's inflation rate is about to take a breather. When Statistics Canada drops its fresh data on Monday, the annual inflation rate is expected to slide to 2.9% for June (down from May's 3.2% peak). Analysts at RBC think it could go as low as 2.8%. The main driver? A 10% drop in gas prices in June, triggered by temporary peace hopes between the U.S. and Iran. Plus, slowing population growt