RBC economist Salim Zanzana said in a Feb. 2 report that Canada and China’s recent de-escalation of trade tensions should provide near-term relief for exporters in the Prairies and coastal regions, particularly those in agriculture and seafood that have faced material losses from reduced Chinese market access. Under the agreement, China will remove 25% tariffs […]
Canadian stocks plunged Friday, with the S&P/TSX Composite Index falling more than 900 points, as a sharp drop in gold prices and renewed worries about U.S. monetary policy rattled investors and dragged down the commodity-heavy market. At press time, the S&P/TSX Global Gold Index was down 10.1% The selloff was led by materials and energy […]
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