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Trade Deficit Narrows to $5.9 Billion in May
Canadian Economics July 3, 2025
Exports saw a slight rebound in May, despite tariff headwinds. Following a record-low national trade balance in April—coinciding with the introduction of U.S. tariffs on Canadian imports—Canada’s exports showed signs of recovery in May.
Quick take • 3-min read
David Ristovski

Renewed Confidence Amid Receding Trade Risks
Canadian Economics June 27, 2025
Consumer sentiment continued its upward trajectory in June, with the Index of Consumer Confidence rising to 52.9, marking the fourth consecutive monthly gain. This improvement reflects a modest recovery in household sentiment, underpinned by lower perceived risks in the economic and geopolitical landscape.
Quick take • 5-min read
Loubna Zebiri

Economy Slightly Contracts in April
Canadian Economics June 27, 2025
Real GDP in Canada fell by 0.1 per cent in April, coming off a 0.2 per cent rise in March and better than expected first quarter. Advanced estimates are showing another decline in May, setting up a weaker second quarter as tariffs and economic uncertainty become a major obstacle for growth for the remainder of 2025.
Quick take • 4-min read
Viktor Cicman
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