U.S. inflation data for February will be the highlight among economic data in the week ahead as investors continue to follow the back-and-forth of announcements on tariffs.
Canada's main stock index fell on Thursday to a near six-week low as escalating global trade tensions fueled risk-aversion and despite stronger-than-expected earnings from three of Canada's big-five banks.
Canada's Liberal Party leadership candidates, former Bank of Canada governor Mark Carney, former Deputy Prime Minister and Finance Minister Chrystia Freeland, former House leader Karina Gould and former Liberal MP Frank Baylis stand next to each other before participating in a French language debate ahead of the March 9 vote to replace Prime Minister Justin Trudeau,
Canada's Liberal Party leadership candidates, former House leader Karina Gould shakes hands with former Bank of Canada governor Mark Carney, near former Liberal MP Frank Baylis, and former Deputy Prime Minister and Finance Minister Chrystia Freeland,
Canada’s governing Liberal Party has chosen Mark Carney to replace outgoing Prime Minister Justin Trudeau as its leader. The former governor of the Bank of Canada won the Liberal leadership vote on Sunday,
Former Goldman Sachs executive Mark Carney won the Liberal Party primary on Sunday and will be appointed Canada's next prime minister after the resignation of Justin Trudeau.
Mark Carney was elected leader of Canada’s Liberal Party, poising the former governor of two central banks to replace Justin Trudeau as prime minister.
After six consecutive cuts to bring the Bank of Canada’s interest rate down to three per cent, Bartlett said the “economic tea leaves” should have been telling the central bank to pause its easing cycle and wait to see where inflation and the economy settled in the coming months.
Mark Carney will succeed Canada's Prime Minister Justin Trudeau — and he is already making it clear he will oppose
Canada has already introduced tariffs on CAD$30bn of imported US products, and this will lift prices for items such as orange juice, appliances and motorcycles, but given that unemployment is 6.6% and inflation is broadly in line with the target, we believe the BoC has scope to implement another insurance rate cut.
Mark Carney is expected to replace Canadian Prime Minister Justin Trudeau as Canada grapples with Trump's tariffs.