Canadian housing starts rose 27.9% to a seasonally adjusted annual rate of 248,138 units in June.
Economists from 10 out of 11 primary dealers of Canadian government securities anticipate the Bank of Canada will increase the key rate by a quarter of a percentage point, bringing it to 1.5%.
Canadian police on Friday arrested and charged the truck driver whose vehicle was involved inwith a bus carrying members of a Saskatchewan junior hockey team in April.
Canada added more jobs than expected in June and wages continued to advance at a strong pace, bolstering expectations that the Bank of Canada will raise the benchmark interest rate next week.
Canada’s trade deficit widened in May as automotive exports fell and aircraft imports from the U.S. rose sharply.
Canadian Prime Minister Justin Trudeau said he doesn’t believe he behaved inappropriately during an interaction with a female reporter that took place 18 years ago and has come under renewed scrutiny.
Businesses in Canada expressed near-record levels of optimism in the weeks before the U.S. imposed metals tariffs on Canada, a Bank of Canada survey found.
While the 0.1% gain beat expectations, growth still slowed in April as weather-related weakness—notably in the retail sector—offset a healthy gain in manufacturing.
The rancorous Group of Seven summit in Canada this month laid bare a split between the Trump administration and its Western allies, but it produced a political boost for the host, Prime Minister Justin Trudeau.
The Canadian government is considering putting quotas or tariffs on certain steel imports from all its trading partners as it prepares in coming days to impose tariffs on U.S. steel, aluminum and dozens of other American products.
Canada serves as a model for those lobbying for similar access to naloxone in the U.S., where a patchwork of state laws governs the medication’s availability.
Canada’s annual inflation rate remained above 2% for a fourth straight month in May, while measures of underlying price growth cooled slightly.
Recreational marijuana use in Canada will be legal in mid-October after legislation cleared its final hurdle Tuesday night, marking what officials here say is a wholesale shift in how the country approaches cannabis use.
President Donald Trump said Canadians would pay a price for countering the U.S. on trade, while his aides sought to tamp down tensions between the two allies following a dust-up over the weekend with Prime Minister Justin Trudeau.
White House trade adviser Peter Navarro, appearing at the WSJ CFO Network conference Tuesday, said his comments attacking Canadian Prime Minister Justin Trudeau as a leader deserving “a special place in hell” amid a trade dispute were inappropriate.
Canada unexpectedly shed jobs in May, while the unemployment rate remained unchanged for a fourth-consecutive month and hourly wages shot upward at their fastest pace since 2009.
An escalating quarrel between Canada and the U.S. over steel and aluminum tariffs is ringing alarms in Canada’s housing sector, as surging costs for construction steel add pressure to a cooling residential real-estate market.
Canada’s trade deficit narrowed in April as exports reached a record high on increased shipments of some mineral products, consumer goods and energy products.
Canada is in a period of heightened economic anxiety due to U.S. trade and tax policy, the International Monetary Fund said Monday.
Trade tensions between the U.S. and Canada escalated after Prime Minister Justin Trudeau rebuked the White House’s metals tariffs and President Trump disparaged Canada’s agricultural trade policies on Twitter.
Canada’s economy expanded at a slower pace than expected in the first quarter, as housing investment dropped sharply following the introduction of tougher mortgage rules.
The Bank of Canada kept its benchmark interest rate unchanged at 1.25% and signaled the next rate increase could come soon, despite ongoing concerns over trade uncertainty.
Canada took the extraordinary step to pony up billions to buy a pipeline project the government says is vital for the country’s economic future but was on the brink of collapse due to regional opposition.
The Bank of Canada is expected to leave its benchmark interest rate unchanged Wednesday as the country faces concern over slowing housing markets and stalled trade negotiations with the U.S.
Fifteen people were injured after a bomb went off in an Indian restaurant in a Toronto suburb. Police said they are pursuing the suspects and the motive for the blast remained unclear.