Trade Balance Narrows to $506 Million in March

Canadian Economics    May 6, 2025

Tariff threats have caused recent volatility in trade. Between September 2024 and January 2025, total exports increased by 15.7%. Recent tariff threats from the United States government prompted American importers to accelerate shipments to mitigate potential additional costs.

Quick take  •  3-min read
David Ristovski

Confidence Upswing In Spite of Continued Trade Headwinds

Canadian Economics    April 24, 2025

Trade turmoil marks the first cracks in labour market stability. In March, the Canadian economy shed approximately 33,000 jobs, the first monthly decline since July. The strong employment gains observed earlier this year are now at risk of unwinding entirely should uncertainty surrounding tariffs and broader trade policy persist.

Quick take  •  3-min read
Loubna Zebiri

Trade Partner Profile: China

Canadian Economics    April 22, 2025

In 2024, Canada exported $30 billion of products to China and imported $87 billion. China is Canada’s second largest trading partner, a long distance behind the United States. Canada’s trade deficit with China has increased steadily over the last two decades, swelling from $22 billion in 2005 to $57 billion in 2024.

Quick take  •  3-min read
CBoC Economics Team

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