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14.10.26 - 06:48
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′With Canada, There′s Trust′: Trade Minister Sidhu (Bloomberg)
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“With Canada, there's trust,” Canada's Minister of International Trade Maninder Sidhu says at Bloomberg's New Economy Forum. He describes Canada as a reliable partner that can offer businesses greater certainty amid growing trade headwinds. (Source: Bloomberg)...
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14.10.26 - 00:15
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Carney 1812 tweet references British-Canadian forces routing US (The Hill)
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Canadian Prime Minister Mark Carney on Tuesday made a reference to a 1812 U.S.-British battle in which forces from the United Kingdom were victorious. “On this day in 1812,” Carney said in a post on the social platform X that also featured a photo of a small sculpture of what appears to be a British......
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12.10.26 - 19:31
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Europe Learns To Love Tariffs, Canada Learns What Happens When You Don′t (ZeroHedge)
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Europe Learns To Love Tariffs, Canada Learns What Happens When You Don't
By Benjamin Picton, senior market strategist at Rabobank
US and European equity indices were firmly in the black on Friday as the recent run up in bond yields took a breather. The S&P500 closed 46 points higher at 7811 with strong gains across the real estate, consumer discretionary, healthcare and financial sectors. US 10-year yields were just over 1bp higher on the day, but down by almost 7bps over the course of the week with most of the decline in yields arriving on Thursday.
The yield on French 10-year bonds fell by 4.2bps to close the week slightly lower. That helped to propel the CAC40 to a 0.95% gain on Friday, with Arcelor Mittal, Capgemini, L'Oreal, Hermes, and Renault among the most prolific gainers. Renault shares got a boost from news that the European Union will enact a 350,000 quota against imports of Chinese hybrid and plug-in hybrid vehicles, above which much steeper tariffs will kick in.
For context, Ch...
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12.10.26 - 09:01
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Canadian Dollar Rises Against Majors (AFX)
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CANBERA (dpa-AFX) - The Canadian dollar strengthened against other major currencies in the Asian session on Monday. The Canadian dollar rose to 1.4247 against the U.S. dollar and 111.14 against th......
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10.10.26 - 14:01
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Why This Canadian Community Is Betting on Coal Again (Bloomberg)
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A proposed metallurgical coal mine in Alberta's Crowsnest Pass is reviving an old industry at a time when Canada is looking for new trade relationships beyond the United States. Northback Holdings says Grassy Mountain could supply steelmaking coal to customers in Europe and Asia while bringing jobs and investment back to a community that lost much of its mining economy. But opponents, including musician and activist Corb Lund, warn that the project could threaten water quality and surrounding communities. (Source: Bloomberg)...
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