Canada, Mark Carney and Trade War
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Trump trade war faces legal challenge
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Since the trade war began, crossings between the US and Canada are down some 17%. What has that cost towns such as Port Huron and Michigan?
As Memorial Day weekend approaches, May is typically the time when the Jersey Shore gets ready for the annual big influx of visitors. But this year, the leadup to summer comes with some uncertainty for businesses.
The Bank of Canada is warning that the ongoing tariff dispute has “rattled markets” and increases the risk of “disorderly” selloffs that would test the country’s financial system.
The financial picture for Canadian households and businesses was showing signs of increased health until the United States started a trade war, the Bank of Canada said on Thursday.
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Note that the 1/10 worry meter rating is for borrowers with floating rate debt such as variable-rate mortgages and credit lines. Savers may take a different view, given that Bank of Canada rate cuts flow into the returns on a wide variety of saving products.
The travel slump between Canada and the U.S. continues amid the trade war. New data from Statistics Canada found a decline in travel between the
Canadian Prime Minister Mark Carney and British Prime Minister Keir Starmer spoke on Monday and agreed to strengthen trade, commercial, and defence ties, according to a statement from the Canadian prime minister's office.