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Deloitte Lowers Canada’s 2027 Growth Forecast, Citing Renewed US Trade Tensions

Despite stronger-than-expected economic growth this year, Canada’s trade dispute with the United States and elevated energy prices are expected to significantly hamper growth in the year ahead, according to a recent report from Deloitte Canada. The professional services firm raised its fall 2026 forecast for Canadian economic growth from 0.7 percent to 0.9 percent following …

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Soft Economy Should Limit Bank of Canada’s Rate Hikes: Capital Economics

Trade uncertainty and slowing immigration levels could restrict how high the Bank of Canada’s benchmark interest rate goes next year, according to a new report published by Capital Economics on Wednesday. The report argues that the risks plaguing Canada’s growth prospects will likely rein in inflationary pressures—limiting the degree of monetary policy tightening needed to keep prices in check.

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Quebec Election Campaign in Final Stretch

The Quebec election campaign is entering the home stretch, with advance voting beginning earlier this week and election day set for Oct. 5. Throughout the campaign, the Parti Québécois (PQ) has maintained its lead in the polls, while latest polling shows the governing Coalition Avenir Québec (CAQ) slipping further below other opposition parties, though no […]

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Financial Watchdog Urges Canada to Step Up Prosecutions of Money-Laundering Schemes

Canada needs to strengthen its capacity to investigate and prosecute sophisticated money laundering operations, a report from an international watchdog suggests. The Financial Action Task Force (FATF) this week released findings from an evaluation it completed with the Asia-Pacific Group on Money Laundering (APG) on Canada’s performance. The evaluation, which started in November, found that [...]

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Canada-US Trade Minister Says Ottawa Won’t Apologize to US to Secure a Deal

Dominic LeBlanc, the Canadian minister responsible for Canada-U.S. trade, has refuted remarks made by U.S. President Donald Trump this week that Canada will approach the White House with an apology to secure a trade deal in the coming weeks. “I’m not thinking the government of Canada is going to apologize for standing up for Canadian workers, Canadian businesses, defending our economy,” LeBlanc said while answering questions from reporters at an unrelated Sept. 29 announcement in New Brunswick. “The American government decided to apply a series of tariffs that violated the trade agreement that this particular administration signed six years ago,” he added. “We’re going to do what’s necessary to support the Canadian economy, Canadian workers.”

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