Daily-Wrap

Macro Update:After its first meeting in 2026, forecasting tepid growth for the year, the Bank of Canada held interest rates at 2.25% on January 28.At the time of the announcement, the central bank stated that U.S. trade restrictions and tariff uncertainty are disrupting Canada's …

Macro Update:Data released by Statistics Canada today revealed that Canadian imports edged down 0.1% month-over-month to C$66.14 billion in November 2025.Exports fell 2.8% month-over-month to C$63.9 billion in November following strong gains in September and October.Yesterday, the Bank of Canada held interest rates steady …

Macro Update:Stating that the Governing Council has concluded that the current policy rate remains appropriate, today the Bank of Canada decided to leave interest rates untouched for the second straight meeting. With today's decision, which was widely anticipated, the central bank maintained its target …

Macro Update:The Bank of Canada is set to announce its interest rate decision tomorrow morning. Economists and various surveys predict that the central bank is likely to hold rates at the current 2.25% level.In October 2025, the BoC had indicated that rates were at …

Macro Update:On Saturday, U.S. President Donald Trump threatened to impose 100% tariffs on goods imported from Canada if Canada goes ahead with a free trade deal with China. Trump also stated that he cannot allow Canada to become a "drop-off port" for China to …

Macro Update:Determined to discover non-U.S. marketplaces for Canadian exports, Canadian Prime Minister Mark Carney recently completed a four-day trip to China where he reset the trade ties between the two countries, flew to Qatar to reach a bilateral agreement on trade, defense and security, …

Macro Update:Since August 2025, Canadian exports have been suffering 35% tariffs on their exports to the U.S. Trump had already closed all doors on pursuing trade talks with Canada. The chances of the U.S. renewing the Canada-United States-Mexico free-trade pact also appear slim after …