Canadian markets are navigating a mixed picture, with the loonie hovering near two-month lows as softer oil prices weigh on the currency, even as Fed officials' differing views on
Canadian markets are navigating a mixed picture, with the loonie hovering near two-month lows as softer oil prices weigh on the currency, even as Fed officials' differing views on rate timing add some back-and-forth in currency markets. Trade tensions remain front and center, with new US tariffs prompting Deloitte to trim its 2027 growth forecast for Canada, while the Stelco layoffs and Carney's response keep industrial strain in the headlines. On the brighter side, some economists see Canada on the cusp of an investment surge, offering a counterweight to the tariff drag.
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