Canada sheds 68,300 jobs, wiping out 2026 gains as trade war bites
Canada's economy shed 68,300 jobs in September, sharply missing forecasts for a gain of 9,200, Statistics Canada said Friday. The unemployment rate rose 0.1 percentage points to 6.5%, matching its level at the start of the year.
Canada's August Trade Surplus Widens Sharply Ahead of Fresh Tariffs
Reading marked a sixth consecutive merchandise-trade surplus and the biggest since May 2022, and came in well above the roughly C$1.5 billion economists anticipated.
World Markets Watchlist: October 5, 2026
Our global markets watchlist tracks nine prominent indexes from economies around the world.
Trump's Canada trade war is entering a dangerous new phase for these battleground states
President Donald Trump's trade war with Canada puts billions in exports at risk across Ohio, Michigan, Pennsylvania and Wisconsin before midterms.
Carney Says Canada Welcomes EU Associate Membership Idea
Prime Minister Mark Carney addresses European lawmakers in Strasbourg, France, calling for a closer alliance between Canada and the European Union. "Yesterday President Von der Leyen spoke of moving beyond CETA [Canada-European Union Comprehensive Economic and Trade Agreement] to an alliance for the future, opening the door to Canada becoming the European Union's first associate member," Carney said during his speech.
Trump calls Canada's potential EU associate membership 'laughable,' warns Europe of 'very heavy tariffs'
Trump called Canada's proposed European Union associate membership "laughable" and threatened heavy tariffs on Europe if made with "bad intention."
'Hostile act': Trump threatens EU with tariffs over Canada associate-membership proposal
European Commission President Ursula von der Leyen said EU is opening the door for Canada to become the first associate member of the 27-member bloc. Trump threatened to impose tariffs on the European Union or halt trade with the bloc entirely if it proceeds with the plan.
EU opens door to unprecedented 'associate member' status for Canada amid US trade spat
European Commission President Ursula von der Leyen proposed making Canada the EU's first "associate member" to integrate supply chains amid U.S. tariff tensions.
Canada's latest play in its trade fight with the US: it might join the EU as an 'associate' member
The European Union could welcome Canada as its first "associate" member, its leader said Wednesday. It comes as Canada seeks to strengthen its non-US relationships amid a trade fight with Trump.
EU offers Canada chance to become first 'associate member' in wake of Trump's trade war
The European Union wants Canada to become the block's first 'associate member', as the country's trade war with Donald Trump escalates.
EWC And The Tariff War: Why The Market Is Selling The Wrong ETF
EWC's sector distribution shows Financials and Energy make up over 56% of the fund, while Industrials, the sector most directly exposed in my opinion to tariffs, weighs less than 9%. Recent tariff escalation between the US and Canada has hurt individual names like Magna International and Bombardier, but neither appears among EWC's top-10 holdings. With a P/E of 19x, a 5.2% earnings yield, and a 1.24% dividend yield, EWC maintains a BUY rating despite the ongoing trade dispute.
Trump announces bans on some Canadian alcohol and new tariffs on cheese and other goods as trade war continues to escalate
President Donald Trump on Tuesday announced new tariffs on Canadian goods like cheese and furniture. He also announced outright bans on many Canadian alcohol imports, set to take effect September 29.
