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.
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
U.S. Outlook: Economy in Precarity
Canadian Economics April 29, 2025
A precipitous fall is on the way for the U.S. economy as cracks in the foundation begin to form. Recession fears laid to rest last year have arisen again as the country braces for President Trump’s dangerously protectionist policy changes. Targeted and blanket tariffs imposed by the Trump administration, and the retaliatory tariffs in response, have incited trade wars with America’s long-standing neighbours, partners, and allies. Unfortunately, it will be American consumers who pay the high price for protectionism.
Online experience • 8-min read
Index of Business Confidence for April 2025
Canadian Economics April 24, 2025
For over a year, the Index had hovered at low levels without meaningful movement, staying well below the line typically associated with strong economic growth. The latest decline marked a significant shift, highlighting growing concerns around short-term investment prospects.
Online experience • 8-min read
Canada’s Five-year Travel Market Outlook: Toward New Milestones
Canadian Economics April 23, 2025
Tourism in Canada is on the verge of a critical milestone. Inbound visitation from the United States and overseas will fully recover in 2025, even as new challenges threaten to stand in the way. As global financial conditions ease, economic growth will also pick up in many of Canada’s tourism source markets, propelling inbound tourism traffic beyond its pre-2019 level.
Online experience • 8-min read
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Industry Lens
Canadian Economics April 10, 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
Trade Deficit Narrows to $323 Million in November
Canadian Economics January 7, 2025
Canada’s merchandise exports were up 2.2 per cent in November mainly due to higher exports of consumer goods. Meanwhile, total imports rose 1.8 per cent on the back of increased imports of consumer goods, and industrial chemical, plastic and rubber products. As a result, Canada’s merchandise trade deficit narrowed to $323 million in November.
Quick take • 2-min read
Trade Deficit Narrows to $924 Million in October
Canadian Economics December 5, 2024
Canada’s merchandise exports were up 1.1 per cent in October mainly due to higher exports of metal and non-metallic mineral products. Meanwhile, total imports rose 0.5 per cent on the back of increased imports of metal and non-metallic minerals, and energy products. As a result, Canada’s merchandise trade deficit narrowed to $924 million in October.
Quick take • 2-min read
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Trade Deficit Narrows to $1.3 Billion in September
Canadian Economics November 5, 2024
Canada’s merchandise exports were down 0.1 per cent in September mainly due to lower exports of metal and non-metallic mineral products, while total imports fell 0.4 per cent on the back of lower imports of metal and non-metallic mineral products. As a result, Canada’s merchandise trade deficit narrowed to $1.3 billion in September.
Quick take • 3-min read
Trade Deficit Widens to $1.1 Billion in August
Canadian Economics October 3, 2024
Exports of energy products posted sharper declines than all other product categories. Concerns over oil demand exerted downward pressure on crude oil prices. Therefore, the monthly decline in energy exports can mainly be attributed to lower prices of crude oil. Additionally, exports of forestry products and building and packaging materials fell to $3.8 billion in August—its lowest level since July 2023.
Quick take • 2-min read
Reduced Motor Vehicles and Parts Imports Drives the Canadian Trade Balance to a Surplus
Canadian Economics September 4, 2024
Exports of motor vehicles and parts posted sharper declines than all other product categories. Exports of passenger cars and light trucks dropped by 5.9 per cent in July and are now sitting at 24.8 per cent below their high reached in October 2023, coinciding with a reduction in Canadian auto manufacturing production.
Quick take • 2-min read
