Economic news in Canada

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2026-01-19 Economy

Canada and China Reach Preliminary Deal to Cut Tariffs

Canadian Prime Minister Mark Carney announced in Beijing that his country has reached a preliminary trade agreement with China that paves the way for reducing m...

2026-01-16 Economy

Beijing and Ottawa Open a New Trade Chapter Beyond Washington’s Shadow

Economic relations between China and Canada have entered a new phase after the announcement of a broad agreement to lower trade barriers and expand the flow of...

2026-01-16 Economy

Historic Deal to Ease Trade and Tourism Barriers Between Canada and China

Canada and China have reached what has been described as a historic agreement aimed at removing barriers to trade and tourism, signaling a gradual improvement i...

2026-01-16 Energy

Canadian Oil Floods Chinese Ports as Demand for US Crude Declines

Canadian crude exports to China are heading for a record this month as Beijing increases purchases and turns away from US oil. Tracking data show about five mil...

2026-01-16 Economy

Canada and China Discuss Trade and Fentanyl in Sign of Improving Ties

Canadian Prime Minister Mark Carney held talks with Chinese Premier Li Qiang, signaling a possible thaw in relations after years of tension. The Canadian govern...

2026-01-16 Energy

Canada Expands Energy Cooperation with China to Reduce Reliance on US Market

Canada and China announced plans to expand cooperation in the energy sector as Ottawa seeks to boost oil and gas exports to the Chinese market and attract Beiji...

2025-12-13 Economy

Lululemon Faces Tough Challenge to Regain Its Cool With CEO Change

Lululemon is entering a critical phase following the announcement that its chief executive will step down, as the brand struggles with a noticeable slowdown in...

2025-12-12 Economy

Inflation in Canada Cools to 2.2% While Core Measures Remain Elevated

Inflation in Canada eased last month, though by less than markets had anticipated, reinforcing the Bank of Canada’s intention to pause after two consecutive int...

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