The tariffs imposed by the Trump administration have introduced considerable uncertainty for Canada's export-driven economy. Bank of Canada Governor Tiff Macklem has cautioned that these tariffs could significantly hinder Canada's economic growth, particularly affecting the export sector. As a key trading partner of the U.S., Canada exports substantial quantities of oil, gas, automotive components, and minerals. Should th...

Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1538.80, down 0.06%
● Trump plans to implement lumber tariffs in spring
● Volpe warned North American auto industry could halt if Trump imposes 25% tariffs
● Cenovus Energy saw Q4 profit and revenue decline year-over-year
● Teck Resources reported Q4 profit with record copper produc...

Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,534.80, down 0.33% from previous close
● Canadian premiers consider retaliation in response to potential Trump tariffs
● Agnico Eagle to acquire O3 Mining in a $204 million cash deal
● Empire Co. Ltd. reports a $173.4 million profit in Q2, with a slight increase in sales...

U.S. West Coast refiners are replacing their heavy Iraqi oil imports with cheaper crude from Canada as the newly expanded Trans Mountain pipeline reshuffles trade flows across the Pacific.
California and Washington are set to import about 150,000 barrels a day of Canadian crude by tanker in June — a seven-fold increase from average volumes, according to preliminary Vortexa data.
Refiners in the US ...

Statistics Canada released the inflation report for May on Wednesday, showing a surprising uptick in the country's yearly inflation rate to 2.9% for the month, exceeding the forecasted figure of 2.7%. This development might shake the market's anticipation of a rate cut coming in July. Nonetheless, the data aligns with the Bank of Canada's target range for inflation control, set at 1%-3%. Before the report's release, market conse...

From the point of view of globalization and comparative advantages, there exist considerable opportunites in the natural resource sector of Canada. Among others, oil and gas is an important natural resource sector.
As Canada is named as a major oil and gas producing company by our PM (video), the bullish side of the oil and gas sector is further enhanced by the recent completion of trans-moutain pipeline expansion project and the major progress of the LNG Can...