Mark Carney elected PM in too-close-to-call result; Poilievre and Singh both lose seats
The Canadian dollar rose slightly relative to its U.S. counterpart in overnight trading, hitting a 2025 high
- By: Kevin Press
- April 29, 2025 April 29, 2025
- 05:39
The Canadian dollar rose slightly relative to its U.S. counterpart in overnight trading, hitting a 2025 high
Bank says adjusted contribution from U.S. investment will total $71M
Beijing signals readiness to boost domestic demand
Europe records first ever outflows, U.S. continues to lead pullback
American companies brace for higher costs
Rising revenues were offset by higher spending and debt charges
Early estimate shows rebound in March
Trade war, rising supply a "double whammy" for prices
The organization warns spending and investment are on hold globally, while U.S. risks recession
Trump tariffs and prolonged political uncertainty weigh on Europe's largest economy
Business sentiment hits historic lows as small firms halt investment
Businesses continue to hold onto workers despite fears of an economic slowdown
U.S. tariffs on China's exports stand at 145%
Liberal and Conservative platforms criticized for lacking "consideration of prudence and risk"
Economists trim outlooks amid trade uncertainty, geopolitical risk
U.S. President keeps up pressure for a rate cut, arguing inflation is no longer a threat
Bank says PGM's dual registration will strengthen its cross-border capabilities
Trading gains to be tempered by investment banking weakness
ETFs, however, fared better than mutual funds thanks to strong net inflows
Getting workers back into low-paid, low-productivity jobs would not be a win: CIBC