Trump, Canada and tariffs
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Home sales in Canada rose for a second straight month, reflecting a boost in buyer confidence as the economy appeared to shrug off the impact of US tariffs.
Canada's annual inflation rate rose to 1.9% in June, meeting analysts' expectations, as increases in the price of automobiles and clothing and footwear pushed the index higher, data showed on Tuesday.
Canadian consumer prices accelerated for the first time in four months and underlying price pressures firmed, likely keeping the central bank from cutting interest rates later this month.
The Canadian Press on MSN1d
Economic diplomacy, not just values, to drive Canada's Indo-Pacific foreign policy pivot: AnandForeign Affairs Minister Anita Anand says the economy is becoming the primary focus of Canada’s relationships in the Indo-Pacific — a shift that appears linked to Canada’s recent moves to overcome its security dispute with India.
Canada's economy added 83,100 jobs in June, the first net increase since January, and the jobless rate edged down to 6.9%, Statistics Canada data showed on Friday.
President Donald Trump announced a new set of duties on Canadian goods that were not covered by existing sectoral tariffs.
The federal government, industry, and provinces are seizing the crisis to try and build more stuff more quickly - "build, baby, build" in the words of our prime minister - under the premise that it will help reduce dependency on an increasingly unpredictable neighbour.
May was the fifth consecutive month Las Vegas has seen a year-over-year decline in tourism traffic, with visitor volume down 6.5%, per LVCVA data.