Economists are warning that Canadian Prime Minister Mark Carney’s “dollar-for-dollar” tariff strategy could mean some economic pain for the Great White North, but Canadians are so frustrated with the Trump administration they support the move anyway. Canada implemented retaliatory tariffs of 15% to 50% that took effect on Tuesday and will impact hundreds of U.S.
Following the Federal Reserve is the closest thing market-watchers have to an ongoing soap opera. The “will they / won’t they” push-and-pull around interest rates can turn on a dime, depending on the day’s news. The central bank’s next move is always under a microscope. But for the entirety of 2026 so far, the Fed
As Canada escalates its trade war with President Donald Trump, Alberta is betting on a softer approach. The oil-rich province has resisted some of the retaliation embraced elsewhere in Canada, while Premier Danielle Smith has pushed for more engagement with Washington. Alberta’s top representative in the US says that strategy is getting results. “I think
The US-Canada trade war is coming for your charcuterie board (and much much more). Without a last-minute change, Canada is set to implement a slew of new tariffs on imports from the US at 12:01am eastern on Tuesday morning. They include a 25% levy on cheese, a 50% tariff on honey, and a 50% charge
Surprisingly healthy employment data has tipped expectations for a rate hike at the Federal Open Market Committee’s (FOMC) meeting higher this week, with interest rate traders now placing the likelihood at 58.4%. According to CME’s FedWatch, nearly 60% of investors are betting on a 25bps hike to 3.75% to 4%, with the remainder of bettors
Americans have been paying some of the highest prices for gas in years since the US attacked Iran in February. That war shows no signs of cooling off anytime soon. The US and Iran traded multiple strikes on each other’s oil tankers over the weekend. US Department of Energy Secretary Chris Wright, however, said, while