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Canada Swings to C$708 Million Goods-Trade Surplus

Canada Swings to C$708 Million Goods-Trade Surplus in December

A jump in Canadian energy exports to the U.S. and further weakening of the loonie saw Canada’s trade surplus with its neighbor balloon in December, helping the country to its first goods-trade surplus with the world in 10 months.

Reuters on MSN · 11h

Canada posts first trade surplus in ten months of C$708 million

Canada saw its first trade surplus in ten months in December as exports continued to expand faster than imports, led by higher energy product exports, higher crude oil prices and partly by weaker local currency,

The Canadian Press on MSN · 8h

Trade surplus with U.S. widened in December but down overall in 2024: StatCan

Canada's trade surplus with the U.S. widened in December as overall exports rose thanks in part to higher energy prices, Statistics Canada said Wednesday.

Canada's services PMI shows activity shrinking

Reuters · 11h

Canada's services PMI shows activity shrinking in January

Canada's services economy deteriorated for the second straight month in January as uncertainty generated by the threat of U.S. trade tariffs offset lower borrowing costs, S&P Global's Canada services PMI data showed on Wednesday.

Seeking Alpha on MSN · 15h

Euro Area's service sector almost flat in January, Composite PMI rises slightly

HCOB Services PMI Business Activity Index posted at 51.3 in January (Dec: 51.6), 2-month low. HCOB Eurozone Composite PMI Output Index at 50.2 (Dec: 49.6), 5-month high. Economy returns to growth, but sustained fall in new business suggests fragile recovery.

Live Mint on MSN · 17h

PMI data: India’s services growth slows to more than two-year low in January

The seasonally adjusted HSBC India Services Purchasing Managers’ Index (PMI), compiled by S&P Global, fell to 56.5 in January, its lowest since November 2022, on the back of lower demand and a softer increase in sales and output.

Trump pauses tariffs on Canada

CBS News on MSN · 1d

Trump says Canada tariffs would fight fentanyl trafficking, but little comes in across northern border, officials say

Drug policy researcher Jonathan Caulkins said there were 21 large fentanyl seizures at the Mexican border for every one along the Canadian border.

The New York Times · 2d

Canada Also Gets 30-Day Tariff Reprieve After Fresh Fentanyl Pledges

Prime Minister Justin Trudeau in a call with President Trump said Canada was already implementing an existing ambitious plan to beef up border security with more personnel and technology.

Business Insider on MSN · 2d

Canada and Trump reach a border deal that delays tariffs for at least 30 days

Donald Trump said he had reached a deal with Mexican President Claudia Sheinbaum Pardo to suspend 25% tariffs for one month.

Canada, Trudeau

Reuters · 8h

UK PM Starmer tells Canada's Trudeau he welcomes global conversation on trade

British Prime Minister Keir Starmer told his Canadian counterpart Justin Trudeau in a call on Wednesday that he welcomed an international conversation on the importance of trade and collaboration, Starmer's office said.

Yahoo · 1d

Inside Trump and Trudeau's conversations that led to pause on tariffs against Canada

President Trump has paused his planned tariffs against Canada after speaking with Canadian Prime Minister Justin Trudeau. CBS News national correspondent Nikki Battiste reports.

The Canadian Press on MSN · 5h

Prime Minister Trudeau to host a Canada-U.S. summit in wake of Trump's tariff threats

Prime Minister Justin Trudeau will host a Canada-U.S. economic summit in Toronto on Friday, days after President Donald Trump said he would hold off on deploying his threatened tariffs against Canada for a month.

Canada, Trade War

The Financial Times · 1d

Trump brings the US back from the brink of trade war with Canada and Mexico

After Trump took Mexico and Canada to the brink of trade wars, both nations have managed to defuse his tariff bombs. (At least, for now . . . ) Trump halted sweeping tariffs on the US’s two biggest trading partners after separate bilateral phone calls with Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau.

Business Insider · 1d

Teamsters Canada Statement on US-Canada Trade War

François Laporte, National President of Teamsters Canada, issued the following statement on the United States-Canada trade war: “Donald Trump’s declaration of economic war against Canada has united our country like never before.

cbc.ca on MSN · 1d

Trade war paused: What Quebecers need to know

Tariffs loom, but US automakers began making cars in Canada, Mexico in early 1900s

In 1965, the Canada–United States Automotive Products Agreement was enacted, a precursor to NAFTA that removed tariffs ...

4 Nations Face-Off rosters: USA, Canada, Sweden, Finland hockey teams for 2025 event

Sidney Crosby and Connor McDavid will suit up for Canada, one year before NHL players are expected to return to the Olympics.

1don MSN

Trump’s tariff goal seems murky: What’s driving threats on Canada, Mexico?

President Donald Trump paused tariffs on Canada, Mexico for 30 days, but his ultimate trade strategy goals and objectives ...

20hon MSN

US national anthem booed before NBA, NHL games in Canada despite tariff pause

Fans booed the American national anthem before NHL and NBA games in Canada on Tuesday night, a sign that some Canadians were ...

Trump to hit Canada, Mexico and China with tariffs beginning Saturday | The Excerpt

Plus: A Medevac jet crashed into a residential Philadelphia neighborhood Friday evening, with six people on board. The black ...

The Latest: Trump agrees to 30-day pause on tariffs to Canada and Mexico

U.S. President Donald Trump and Mexican President Claudia Sheinbaum say their planned tariffs are on hold for a month to give ...

1hon MSN

Scarcity behind the medals: Canada’s national sport organizations running deficits

Survey data indicates 80% of NSOs are skipping competitions athletes would normally attend, 70% have paused, scaled back or ...

3hon MSN

Canada says its position on Gaza has not changed, backs two-state solution

Canada's longstanding position on Gaza has not changed and it is committed to achieving a two-state solution, Foreign ...

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Canada Swings to C$708 Million Goods-Trade Surplus

Canada's services PMI shows activity shrinking

Trump pauses tariffs on Canada

Canada, Trudeau

Canada, Trade War

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