Manufacturers report less tariff impact in May: Statistics Canada
Sales fell 0.9% to $68.7 billion in May, but fewer firms reported being hit by U.S. tariffs
- By: The Canadian Press
- July 15, 2025 July 15, 2025
- 10:42
Sales fell 0.9% to $68.7 billion in May, but fewer firms reported being hit by U.S. tariffs
Revised outlook predicts 3% drop in sales
Official data show economy expanded at 5.3% in the first half of 2025
Our review of mid-2025 market forecasts finds the banks in wait-and-see mode
Core inflation rose 2.9% in June from a year earlier
Stubbornly high figure likely cements calls for Bank of Canada rate hold
Bloc delays retaliation until Aug. 1 as it seeks deal with U.S.
Personal and household goods drive modest growth as machinery sales slump: Statistics Canada
Statistics Canada reports June consumer price index data on Tuesday
Exports to the U.S. slid 16%, following a 34.5% drop in May
Rate cuts still likely, but delayed, as trade picture remains highly uncertain
Economists still expect two rate cuts later this year
A weak U.S. dollar and President Donald Trump's pro-crypto policies have helped to push the price upward
Most of the jobs were part-time; 47,000 positions were added in the private sector
The higher rates would kick in Aug. 1; PM continues work on a new deal
Trump has warned 22 countries that steeper tariffs will be imposed starting Aug. 1
Canadians were still travelling in June, just not to the U.S.
As ETFs lure retail investors, private credit's advantages could be in peril
Watchdog says bank will disburse less than half of $35-billion goal
High supply and low demand leave condo owners in real estate limbo
Claims remain in historically healthy range as labour market shows resilience
The sector delivered $842 million in M&A deal value in 2024, but the biggest winners were international investors
Canadian copper miners ship primarily to China