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.
EWC: Strong Fundamentals, But Valuation Keeps Me Neutral
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.
China Benefits the Most From US-Canada Trade Spat, Freeland Says
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.
US, Canada to meet in coming weeks on trade, Greer says
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.
Canada and Mexico are the biggest winners from tariff relief, says Strategas' Dan Clifton
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.
