Politics & Trade

Prime Minister Carney visited the Governor General, asking her to dissolve parliament and calling for an election on Monday, April 28, 2025.

Capital gains tax increase is cancelled and the GST is removed for first time home buyers for new homes

Negotiating a cooling in tariff levels will be easier for Canada if the misery is shared by other countries facing new US tariffs. Chief Economist, Avery Shenfeld, shares his perspective on the odds of negotiating tariffs down to a manageable size in this Week Ahead report.

Saskatchewan tables 2025-2026 provincial budget with small surplus, but notably deciding to not include impact of tariffs

Jay Powell's crystal ball is just as fuzzy as everyone else's with the FOMC electing to keep the rate path unchanged.

In his first official trip, Prime Minister Mark Carney traveled to Paris, France and London, UK on Monday with the objective of strengthening two of Canada’s closest and longest-standing economic and security partnerships.

Removing interprovincial trade barriers is a laudable goal, but our In Focus report by Avery Shenfeld and Ali Jaffery finds that its economic lift is likely to be more modest than some have claimed.

We head into the last session of the week against the backdrop of a modicum of positivity.

With the cabinet sworn in today, a Canadian election call is in the offing for the next week or two. Other than the polls, what should investors be watching for in terms of implications for markets as we go through what now looks like a closely contested battle?

What could a prolonged trade dispute mean for the Canadian economy? CIBC Chief Economist, Avery Shenfeld, offers his perspective.

Canada is levelling reciprocal dollar-for-dollar tariffs on U.S. steel and aluminum imports, in response to U.S. President Donald Trump’s 25 per cent tariffs on all steel and aluminum imports that came into effect today. The European Union has retaliated against U.S. President Donald Trump’s new 25-per-cent tariffs on steel and aluminum with countertariffs on US$28-billion worth of U.S. goods that would start in April.

Currency markets are quiet into the North American session, with the greenback very close to unchanged.

Although US equity futures are currently in the green investors remain mindful of potential tariff related recession pain; not least should we witness additional evidence of a softening US labour market, via JOLTS job openings.

Ontario pauses electricity surcharge, following threats by US to increase tariff on steel and aluminum by an additional 25%; agreement to meet on March 13 for additional discussions, Prime Minister Trudeau calls for drastic changes to RCMP.