PM says he's working on a "framework" for auto producers to get relief from the countertariffs as Stellantis Windsor plant pauses production
Transport costs are a barrier to diversifying, while moving factories to the U.S. would add closure, labour costs
The result compares with a $3.1 billion surplus in January
Jobless claims fell by 6,000 to 219,000 for the week ending March 29
Australian PM was harshly critical: "This is not the act of a friend"
Trump is going ahead with previously announced 25% tariffs on automobile imports
The U.S. president excluded Canada and Mexico from his remarks, leading to speculation that the two countries have been exempted from direct tariffs
Manufacturers don't have enough workers as it is, and labour force growth projections are soft
JP Morgan tops underwriter rankings, BMO leads in mortgage-backed securities
Pause on 25% blanket tariffs on Canadian goods to be lifted Wednesday; details on auto tariffs still fuzzy
White House trade adviser Peter Navarro suggested the new tariffs would raise US$600B a year, making it the largest tax increase since the Second World…
Goldman Sachs leads global league tables, Canada too
Recession to drive higher loan losses, weaker earnings, Fitch says
Rebound in China helps offset decline in U.S. activity
Hiring slows from January, but job market remains healthy
DBRS examines the prospect for the Euro giant to compete with the Big Six
Trump’s grievances against U.S. trading partners come at a time when the country is outperforming the world’s other advanced economies
Uncertainty looms over timing of levies, and their impact on trade, jobs and markets
BMO leads the Canadian underwriter rankings, JP Morgan tops globally
Canadian economy could shrink 5.4% for the quarter
Health and wellness paramount for all generations
Cracks in U.S. economy will eventually drive more stable policy, CIBC says
North American stocks out of favour amid recession risks
China has an ambitious economic growth target of about 5% for this year
Consumer spending rose 0.4% in February, though the gain was just 0.1% after adjusting for inflation