Trade war threatens progress made on financial stability, creating higher risks: BoC

Views from the nation’s press

Bloomberg Opinion on the trade war coming for your plumbing: A fair summary of the president’s kaleidoscopic vision for the American economy might go something like this: Workers should have rewarding manufacturing jobs and live comfortably in affordable homes with great showers. Too bad all of those goals are being disrupted by a competing White House priority — a seemingly endless renegotiation of trade agreements. Take plumbing manufacturers,…

Trump tariffs pose threat to Canada’s economy: Central bank governor

Until trade war, Canada was showing signs of recovery, says Tiff Macklem - Anadolu Ajansı

Trade War Threatens Canada's Improving Economic Health - Real News Now

Prior to the onset of the trade war ushered in by the United States, the economic situation of Canadian households and companies was noticeably gaining momentum, a trend noted by the Bank of Canada. As the year unfolded, it was observed that debt-levels in relation to income were lesser than the previous year, indicating a healthier financial position for both individuals and corporations. Additionally, businesses were demonstrating a declining …

Bank of Canada warns Trump's tariffs could trigger 'market dysfunction'

Bank of Canada's financial stability report says global trade war could lead to severe economic consequences for Canada. Find out more

Trump’s trade war threatens Canadian economic gains, Bank of Canada warns

The Bank of Canada says household finances and the financial system were showing signs of increased resilience as the year started, but the threat of a prolonged trade war has pushed risks higher overall.

Nervous calm for world economy

The chaos of early April has given way to a nervous calm in global financial markets. Some signs of de-escalation in the trade war have helped. But it still feels like we’re traversing a ‘before and after’ moment for the global economy.Some of the global activity numbers we’re watching have turned down, but most are yet to fully capture the impact of trade disruptions. It’s likely things will deteriorate further, but it’s all a bit of a guess as…