Canada Loses 68,000 Jobs as Trade Tensions Weigh
Two months of job losses have erased 110,000 positions, while unemployment has climbed to 6.5%, putting fresh pressure on Canada's economy.
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Two months of job losses have erased 110,000 positions, while unemployment has climbed to 6.5%, putting fresh pressure on Canada's economy.
The remark sharpens trade tensions between two closely linked economies, putting renewed focus on the direction of US-Canada relations.
The move lands weeks after OSFI clarified tokenized deposits are not legally distinct from traditional deposits, removing the biggest regulatory question standing in the way of bank-grade blockchain…
All six of Canada's largest lenders are building blockchain-based deposits together, a coordinated move that puts bank money directly on 24/7 payment rails and signals how far TradFi is now willing…
The joint venture keeps customer funds inside the regulated banking system while testing 24/7 programmable payments, joining a global race among lenders to put deposits on blockchain rails.
A baseline trade-termination threat tied to a hypothetical political move injects fresh uncertainty into a US-EU relationship already strained by tariff salvos, with markets now pricing the…
This is permission to operate an existing market-neutral crypto book more cheaply, not a capital loosening: risk weights stay at 100%, the 5% Net Tier 1 cap holds, and Group 2b treatment remains…
Tokenized deposits put commercial bank money on programmable rails. The move puts Canadian banks ahead of US and EU counterparts still drafting frameworks.
The clarification gives federally regulated banks a path to blockchain-based deposit products while keeping existing prudential, technology and risk-management rules in force.
The move strengthens the bridge between regulated institutions and DeFi and real-world asset markets, bringing traditional bank money closer to programmable settlement.
The conditional is broader than aerospace: tying Bombardier's US access to American banks and a US business-jet competitor signals a sweeping Canada-US trade fight that could draw retaliation and…
The jobs decline turns trade tension into a direct growth risk, putting domestic demand, the Canadian dollar and policy expectations under pressure.
The standoff puts North American commerce under pressure, with new tariffs threatening to widen trade friction and reinforce risk-off sentiment.
The dispute puts North American supply chains in focus as investors assess inflation, growth and the risk of a wider trade war.
The increase would pressure North American auto supply chains and add fresh cost and policy risk for automakers.
New Canadian CEO Eric Richmond wants derivatives, DeFi and tokenized products on par with U.S. access. Canada needs a national digital-asset instrument, he says, or it falls behind.
A 50% tariff across a broad Canadian import basket is an order of magnitude above the existing schedule and lands with the US-Canada-Mexico review still unresolved, putting risk assets on notice.
A 50% blanket rate that overrides USMCA on a wide range of Canadian exports is the kind of cross-border escalation markets have not priced since the early-2018 steel fight.
The proposal reframes Canada's energy trade away from US Gulf refineries and toward Asian demand, a structural shift that would touch pipeline financing, Indigenous consent, and the US-Canada trade…
The route is still conceptual and faces Indigenous, environmental, and capital hurdles, but the framing itself is the story: Ottawa is publicly positioning oil exports around Asia instead of the US.