Global Trade
Global trade has grown due to advancements in transportation and technology. But to make the best decisions, you need to have the latest research.
Gold Shines in Canada’s Trade Turnaround
Canadian Economics December 11, 2025
Canada’s near-term trade prospects remain clouded. After a 12.7 per cent decline in the second quarter of this year, exports rebounded modestly by 2.4 per cent in the third quarter of 2025. Alongside the latest monthly improvement, this points to some resilience in navigating U.S. tariff pressures. Even so, risks persist amid shifting U.S. trade policy and a cooling American economy.
Quick take • 3-min read
Canada’s Five-year Travel Market Outlook: Resilience at Home, Renewal Abroad
Canadian Economics December 3, 2025
Canadian travel and tourism patterns have shifted quickly amid the political and economic turmoil between Canada and the United States. Fewer Canadians are travelling across the Canada–U.S. border, opting for overseas and domestic destinations instead. Travel intentions surveys suggest this shift will persist for at least the next two to three years.
Online experience • 8-min read
Industry Lens
Canadian Economics November 20, 2025
As businesses across Canada embark on a new era, there are plenty of bright prospects across several industries in the Canadian economy. But which sectors will come out ahead?
Online experience • 8-min read
Index of Business Confidence for November 2025
Canadian Economics November 10, 2025
This marks the third consecutive survey with the Index below 70 points—a first in its history. The last time confidence exceeded 80 points was in early 2022. More concerningly, the Index continues to sit far below levels typically associated with strong economic growth. While the recent gain signals a modest improvement, short-term investment sentiment remains sour.
Online experience • 8-min read
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U.S. 5-Year Outlook: The Slowdown Takes Hold
Canadian Economics November 3, 2025
The U.S. economy whipsawed in the first half of 2025 as on-again off-again tariffs sowed chaos and uncertainty. After a mild contraction in the first quarter of the year, growth rebounded strongly in the second quarter. This whiplash was largely a trade story driven by dramatic swings in imports in response to tariff announcements and implementation.
Online experience • 8-min read
Gold Slump Behind Latest Trade Balance Decline
Canadian Economics October 7, 2025
Aluminum exports face significant headwinds due to tariffs. Aluminum exports face significant headwinds due to tariffs. The U.S. government initially imposed a 25.0 per cent tariff on Canadian aluminum in March, later raising it to 50.0 per cent in June, with no exemptions granted under CUSMA.
Quick take • 2-min read
Trade Deficit Narrows to $4.9 Billion in July
Canadian Economics September 4, 2025
Tariff headwinds dragged down broader second-quarter trade performance. Following a record-low national trade balance in April—coinciding with the implementation of U.S. tariffs on Canadian imports—exports showed signs of a slight recovery in May and June.
Quick take • 3-min read
Global Commerce Centre
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Trade Deficit Widens to $5.9 billion in June
Canadian Economics August 5, 2025
June saw a modest rise in exports, but tariff headwinds dragged down broader second-quarter trade performance. Following a record-low national trade balance in April—coinciding with the implementation of U.S. tariffs on Canadian imports—exports showed signs of recovery in May and June, rising by 2.0 per cent and 0.9 per cent, respectively.
Quick take • 3-min read
Trade Deficit Narrows to $5.9 Billion in May
Canadian Economics July 3, 2025
Exports saw a slight rebound in May, despite tariff headwinds. Following a record-low national trade balance in April—coinciding with the introduction of U.S. tariffs on Canadian imports—Canada’s exports showed signs of recovery in May.
Quick take • 3-min read
Trade Balance Slumps to an All-time Low
Canadian Economics June 5, 2025
Trade tensions with the United States significantly impacted both exports and imports in April. Canadian exports fell 10.8 per cent, while imports were down 3.5 per cent. As a result, Canada’s merchandise trade deficit widened to $7.1 billion in April—the largest deficit on record.
Quick take • 3-min read
