Financial Insights That Matter WASHINGTON (AP) — President Donald Trump said he was placing 25% tariffs on auto imports, a move the White House claims would foster domestic manufacturing but could also put a financial squeeze on automakers that depend on global supply chains. “This will continue to spur growth,” Trump told reporters Wednesday. “We’ll […]
Cash-Rich Canadian Companies That Thrive in Economic Downturns #CanadaFinance
Financial Insights That Matter Source: Getty Images Written by Amy Legate-Wolfe at The Motley Fool Canada Economic downturns have a way of shaking up even the most seasoned investors. When interest rates rise, consumer spending drops, and global growth slows, as some companies struggle to stay afloat. But others, especially those with strong cash positions […]
Bank of Canada expected to cut rate amid trade uncertainty #CanadaFinance
Financial Insights That Matter OTTAWA — The Bank of Canada’s interest rate announcement arrives on Wednesday in a cloud of uncertainty thanks to a shifting trade war with the United States. Most economists expect the central bank will deliver another quarter-point rate cut while it waits to see how long the dispute with Canada’s largest […]
‘Worst is over’ for the Canadian dollar, says Desjardins #CanadaFinance
Financial Insights That Matter A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto January 23, 2015. REUTERS/Mark Blinch/File Photo · Reuters / Reuters The Canadian dollar is expected to hold its ground against the greenback for the next three months, according to economists at Desjardins who […]
Dollar hovers ahead of US inflation reading and tariff onslaught #CanadaFinance
Financial Insights That Matter By Tom Westbrook SINGAPORE (Reuters) -The dollar was headed for a steady week on Friday and a quarterly loss next week as concern about tariffs slowing U.S. growth has pushed down U.S. yields, stocks and the currency. The euro, at just below $1.08, was headed for its largest quarterly rise in […]
Canada home prices likely to drop in 2025 as tariff uncertainty persists: TD #CanadaFinance
Financial Insights That Matter TD Economics now forecasts a 3.2 per cent drop in average Canadian home prices in 2025, as well as a decline in sales of 0.9 per cent. (Andrew Francis Wallace/Toronto Star via Getty Images) · Andrew Francis Wallace via Getty Images Canadian home prices should fall on average in 2025, with […]
Stocks in play: Canadian Tire Corp. #CanadaFinance
Financial Insights That Matter And Royal Bank of Canada today announced a long-term strategic loyalty partnership between Avion Rewards and Triangle Rewards. This collaboration will enhance the value of both programs by linking millions of eligible RBC credit and debit cardholders to Triangle Rewards, enabling them to earn more Canadian Tire Money while unlocking exclusive […]
2025 Toyota Camry Is Still the Sensible Choice #CanadaFinance
Financial Insights That Matter Tested: 2025 Toyota Camry XSE Toyota In a world that has all but abandoned the family sedan, the venerable Toyota Camry continues to set the bar for sensible three-box commuter machines. This ninth-generation variant has forsworn the option of a V-6 for an inline-four bolstered by hybrid assistance and is available […]
Why Tesla (TSLA) Stock Is Moving Today #CanadaFinance
Financial Insights That Matter Tesla (NASDAQ:TSLA) shares rose about 6% on Thursday morning despite CEO Elon Musk saying the company’s operations would be meaningfully affected by new U.S. auto tariffs, according to a post on X. Why Tesla (TSLA) Stock Is Moving Today The new measures, announced by U.S. President Donald Trump, impose a 25% […]
Auto tariffs jump the gun #CanadaFinance
Financial Insights That Matter LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets Donald Trump’s 25% auto tariff announcement late on Wednesday ripped across world stock markets overnight, but Wall Street futures held the line ahead of today’s bell as investors questioned just how […]