Carney wraps UAE visit with pledge of $70B to be invested in Canada
$1B critical minerals processing deal also in the works
- By: Dylan Robertson, The Canadian Press
- November 21, 2025 November 21, 2025
- 11:28
$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
It was the highest level of sales since February
Revisions aim to prevent disclosure duplication, added burden
As growth picks up and inflation lingers, monetary policy to tighten
AI can be tapped to bridge the gap, authors say
Lack of economic data may prompt Fed to skip December rate cut
Business insolvencies fall in third quarter, but filings may be delayed
Entertainment spending soars in October amid playoff enthusiasm