I rate iShares MSCI Canada ETF a hold due to strong growth in top holdings but stretched valuations and high fees. EWC's top three holdings—Royal Bank of Canada, Toronto-Dominion Bank, and Shopify—drive performance yet collectively weigh nearly 20% of the fund. Despite outperforming the S&P 500 and VXUS over the past year, EWC's elevated P/E and P/B ratios suggest muted forward returns.
Chrystia Freeland, Bloomberg contributor and former Canadian deputy prime minister, says China is the biggest beneficiary of trade tensions between the US and Canada. She speaks to David Westin.
U.S. and Canadian trade officials spoke on Wednesday and plan to meet in coming weeks, U.S. Trade Representative Jamieson Greer said, adding that the Trump administration was open to their ideas on how to reach an agreement.
Dan Clifton, Strategas head of policy research, joins 'The Exchange' to discuss the economic fallout from the recent tariff push, the new rules and much more.
Here are five key things investors need to know to start the trading day.
The Trump administration is signaling tougher USMCA talks—and companies tied to North American supply chains could face months of volatility.
Senior Bank of Canada policymakers identified the pending U.S.-led review of the existing North American trade treaty as an “important risk” to the economic outlook, according to minutes.
Officials said they are unable to predict the timing and direction of the central bank's next rate move.
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.
Carney's remarks come after U.S. President Donald Trump threatened to slap a 100% tariff on Canadian exports if Ottawa "makes a deal" with China. On Jan. 16, China and Canada came to an agreement that saw both sides lower tariffs on some exports.
Donald Trump has threatened to impose a 100% tariff on goods imported from Canada over its proposed trade deal with China.
Canada's trade balance deteriorated slightly in October, swinging the country to an eighth deficit in the first 10 months of last year.