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Canada's services PMI shows activity shrinking
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.
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.
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.
Canada, Trump and tariffs
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.
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.
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 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.
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,
Canada Trade Surplus C$708B In Dec
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6h
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 ...
2h
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.
1d
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 ...
MLive
8h
US national anthem booed before NBA, NHL games in Canada
Fans booed the American national anthem before NHL and NBA games in Canada on Tuesday night, a sign that some Canadians were ...
2d
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 ...
18h
on 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 ...
1h
Canada Says Its Position on Gaza Has Not Changed, Backs Two-State Solution
OTTAWA (Reuters) - Canada's longstanding position on Gaza has not changed and it is committed to achieving a two-state ...
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