Canada Services Activity Grows Slightly in May
Activity in Canada's services industry picked up slightly last month despite a fall in new business and ongoing economic uncertainty.
EWC: Canada In Technical Recession, But Here's Why You Want To Buy (Rating Upgrade)
iShares MSCI Canada ETF is upgraded to a buy, leveraging strong momentum, compelling valuation, and technical strength despite a technical recession in Canada. EWC trades at a low 16.4x P/E with a 15.5% long-term earnings growth rate, yielding an attractive PEG ratio just above 1. The ETF's heavy Financials, Materials, and Energy exposure, plus favorable interest policy and metals momentum, underpin its outperformance versus the S&P 500.
Canada falling short on defense spending, F-35 review, Pentagon official says
The U.S. decision to suspend planned biannual defense talks with Canada follows deepening concern that Ottawa is failing to take steps to become a "credible" security partner, including by hiking military spending and completing a review of an F-35 fighter jet acquisition, a Pentagon official said on Thursday.
Canada Factory Sales Climb 3% in March to Highest Level in More Than a Year
Manufacturing shipments increased 3% from the month before to a seasonally adjusted C$73.57 billion, the highest level since the start of 2025.
Venezuela Launches Effort to Redo Its $170 Billion Debt Load
The country has been shut out of global markets since 2017, and it will seek a restructuring as relations with the U.S. thaw.
Canada Unemployment Rate Rises to Six-Month High in April
A recovery in the number of Canadians hunting for work helped drive the country's unemployment rate to its highest level in six months in April.
Canada As An Energy Superpower: Can It Unlock Its Potential?
Canada's first-ever Investment Summit is scheduled for mid-September. The aim is to attract global capital for “nation-building” projects across energy, infrastructure, and critical minerals, demonstrating Ottawa's efforts to expand the country's role as a global energy supplier.
Canada Swings to First Goods-Trade Surplus in Six Months
Canada for March recorded a merchandise-trade surplus of C$1.78 billion, the equivalent of about US$1.31 billion, Statistics Canada said.
Bank of Canada maintains rate at 2.25%, says Iran conflict and U.S. trade policy ‘are ongoing sources of uncertainty'
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Bank of Canada to Hold Rates Steady While War Worries Brew
The central bank will likely will keep its main interest rate unchanged Wednesday, but there is growing doubt that officials can hold rates steady the longer energy prices remain elevated.
Russia's Economic, Civil & Political Challenges During The Ukraine War
On April 16, policymakers, market experts, industry leaders, and Russian government officials gathered in Moscow for the Moscow Exchange Forum. During the event, the panelists highlighted “evolving priorities shaping Russia's financial sector,” including Russia's capital markets, stock markets, market growth, and investors.
Canada Goods-Trade Deficit Widens to $2.68 Billion
A retreat in Canadian exports of autos, gold and aircraft to start the year drove the country's trade deficit with the world to its widest level in five months in January.
