Country: CA | Published: 2026-09-17
Canadian shares are holding near recent levels as investors wait on the US Federal Reserve's rate decision, with the Bank of Canada flagging concerns that high gas prices and a fre
Canadian shares are holding near recent levels as investors wait on the US Federal Reserve's rate decision, with the Bank of Canada flagging concerns that high gas prices and a fresh US tariff dispute could weigh on confidence and keep inflation elevated. Trade friction remains the dominant narrative, as Washington signed a memorandum removing Canadian-origin goods from US civil government procurement while the EU's leadership continues pushing to make Canada the bloc's first associate member. On the domestic data front, Statistics Canada reported wheat production dropped while canola output stayed flat, adding a soft note for agricultural commodities.