Canada reacts
Digest more
Canada's Conservatives keep Poilievre as leader
Digest more
By Promit Mukherjee OTTAWA, Jan 30 (Reuters) - Canada's economic growth stalled in November as an expansion in services was offset by weakness in goods-producing industries, data showed on Friday, as Canada's economy slows down after almost a year of tariffs and trade uncertainty.
The leaders of both countries have recently visited Beijing seeking to strengthen economic ties, as tensions with the United States rise.
Treasury Secretary Scott Bessent calls Canada's potential pivot to China trade "a disaster," directly challenging PM Mark Carney's recent economic stance.
Canada hopes to double its exports to countries other than the U.S. as a way of blunting the impact of the trade war. But that will take time and money. What can Canada get done as tariffs squeeze the economy?
By Promit Mukherjee OTTAWA, Jan 29 (Reuters) - Canada posted a huge jump in its monthly international trade deficit in November as merchandise exports dropped by a big margin, data showed on Thursday,
The agreement, while scarce on details, is the latest step by Prime Minister Mark Carney to reduce Canada’s reliance on trade with the U.S.
Hockey Canada responded to the lack of equitable offerings in their new Hockey Canada Development Hub launch in British Columbia saying it is due to the new program being a pilot project.