U.S. consumer confidence slides in November
Concerns about high costs, slowing job market, are growing
- By: Christopher Rugaber, The Associated Press
- November 25, 2025 November 25, 2025
- 11:18
Concerns about high costs, slowing job market, are growing
New capital framework introduced 6 weeks before Budget 2025
Rise could push Q3 growth to 3%, but job market remains sluggish
Operating environment to remain solid, amid ongoing macro risks
Consolidated general government interest expenses rose 10.3% in 2024
New car sales dropped by 3.7% as overall spending weakens
Global exports climbed 3.7% in October
$1B critical minerals processing deal also in the works
Former diplomat predicts a 5% baseline tariff on Canadian products as part of a renegotiated trade deal with the U.S.
U.S. resident travel to Canada slips by 2.6%
Country seen as emerging leader in AI, data centres
Unemployment rate rose to 4.4% as more people entered the labour market
The gap between what the U.S. buys from other countries, what it sells them fell to $59.6B
The jobs numbers have lately been contentious
Borrowers have had some relief as interest rates have trended down
But it was a bit higher than what many economists forecast for the month
Year-to-date total still up compared with last year: CMHC
Deal volume climbs, "mega" deals push transaction value to new heights
The U.S. imposes a 15% tariff surcharge on nearly all Japanese imports
The association expects more active housing markets across Canada in 2026
Cheaper gas, grocery prices helped bring inflation down to 2.2% in October
Stable economic growth seen boosting bank profits, asset quality
Expected decrease to 2.1% from 2.4% in September driven by lower gas prices