Canadian Q2 current account deficit reaches record high
U.S. tariffs hit Canadian exports hard in first half of 2025
- By: Jonathan Got
- September 1, 2025 September 1, 2025
- 10:32
U.S. tariffs hit Canadian exports hard in first half of 2025
Washington can evoke other legislation as a legal basis for tariffs, but they come with limitations
Q2 tariff shock was shortlived
The federal government is to deliver Budget 2025 in October
Exchange seeks to create a "one-stop shop" that cuts admin costs
But an early estimate indicates a rise of 0.1% in July
Counter-tariffs boost income, but spending widens deficit
Total revenue falls slightly to $246.8M
Core prices climb while consumer spending shows resilience
Manufacturing, retail sectors hardest hit with employment declines this year
June’s decline followed contractions in April and May, marking the first three consecutive months with GDP declines since Q4 2022
Emerging markets drive the decline in housing prices; Canada drops too
The rebound was triggered by the end of a strike at Kaiser Permanente and improved weather across the country
Private equity was identified as top choice of alternatives asset class
Trump address on Iran war rattles market optimism
Fraudster sentenced in absentia after pleading guilty
SRO drops mandatory close-out proposal, adds new conduct-based approach
Company prioritized shareholder returns over infrastructure spend: ASIC
Conquest, Friedmann AI add features like large language model data migration, insurance quotes
Changes come weeks after Manulife Singapore issued world's largest life insurance policy
And, multiple investments and acquisitions by private equity, miners
Plus, appointments at Sun Life, Connor, Clark & Lunn, Sapling Financial and more
Plus, EQB gains talent, Fiera CEO on medical leave, and a leadership transition at Hazelview
Deputy governor posts to filled via an internal recruitment process
S&P 500 adds another 0.7% after Tuesday's big leap
Plus, a new ETF from Vanguard, TD issues a green bond and multiple fund changes announced
Regulator addresses questions from market participants after Wealthsimple gets approval to launch event contracts