Today: 7 February 2026
Subscribe
Browse Category

Canadian Economy News 21 December 2025 - 21 January 2026

Trump’s Greenland tariff threat hits TSX as Canadian stocks slide and inflation keeps BoC in focus

Trump’s Greenland tariff threat hits TSX as Canadian stocks slide and inflation keeps BoC in focus

Toronto, Jan 21, 2026, 10:43 EST Canada’s main stock index dropped on Tuesday, posting its biggest decline in two months as investors digested fresh U.S. tariff threats tied to Greenland and jitters in Japan’s bond market. The S&P/TSX Composite ended down 340.68 points, or 1%, at 32,750.28, led by a near 4% slide in technology shares. (Reuters) The move mattered because it hit after a strong start to the week that had pushed the benchmark to a record close, helped by metal miners riding a rush into gold. “With markets at near all-time highs, it’s not surprising to see volatility
21 January 2026
····
Constellation Software resets CSU.DB debenture rate to 8.6% as Canada’s inflation cools

Constellation Software resets CSU.DB debenture rate to 8.6% as Canada’s inflation cools

Toronto, Jan 21, 2026, 10:46 (EST) Constellation Software Inc announced it will lower the annual interest rate on its unsecured subordinated floating rate debentures, Series 1, to 8.6% starting March 31, down from the current 8.9%. The adjustment reflects the annual average change in Canada’s all-items Consumer Price Index for the 12 months ending Dec. 31, 2025, plus a fixed spread of 6.5 percentage points. (GlobeNewswire) The Toronto market was active at the time of publication, shining a spotlight on a lesser-known slice of Constellation’s capital structure. Investors hold notes whose coupons rise with inflation, untouched by changes to the
21 January 2026
·····
Canada debt survey: 71% expect cost of living to worsen in 2026, MNP index shows

Canada debt survey: 71% expect cost of living to worsen in 2026, MNP index shows

Toronto, January 21, 2026, 06:42 EST Canadians are heading into 2026 bracing for tougher times, with 71% expecting their cost-of-living pressures to worsen, according to the latest Consumer Debt Index from insolvency firm MNP. The data also revealed that 41% are just $200 away from missing bill payments—a state the report terms “financial insolvency.” Nearly 60% responded by taking action, while about a third chose to avoid the problem altogether. “Sustained financial pressure is prompting both decisive action and withdrawal among Canadians,” said Grant Bazian, president of MNP LTD. (MoneySense) The timing is crucial. As the year begins, households are
21 January 2026
··
CRA locks in the 2026 TFSA limit at C$7,000 — and warns your room number may be wrong for months

CRA locks in the 2026 TFSA limit at C$7,000 — and warns your room number may be wrong for months

OTTAWA, Jan 18, 2026, 03:47 EST Canada’s tax authority set the 2026 Tax-Free Savings Account (TFSA) limit at C$7,000, but urged savers to confirm their own contribution room before adding funds. The Canada Revenue Agency (CRA) cautioned that its online records might not be fully up to date. According to the CRA, TFSA data from 2025 won’t be finalized until April 2026, which it considers the ideal time to check your updated contribution limits. https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/tax-free-savings-account/contributing/calculate-room.html This is critical now since the new room is already active, and a lot of Canadians deposit early in the year. Misjudging your available room
18 January 2026
·
Gas prices jump again in Canada’s Maritimes: What drivers in Halifax, N.B. and P.E.I. paid overnight

Gas prices jump again in Canada’s Maritimes: What drivers in Halifax, N.B. and P.E.I. paid overnight

HALIFAX, Nova Scotia, Jan 16, 2026, 19:14 AST Gasoline and diesel prices climbed Friday in Canada’s Maritime provinces, pushing up pump costs in Nova Scotia, New Brunswick, and Prince Edward Island following an overnight adjustment by regulators. In Halifax, the price of regular self-serve gasoline jumped 4.9 cents at midnight, hitting 132.4 cents per litre. Diesel saw an even bigger rise, up 5.7 cents to 160.1 cents per litre. CityNews Halifax The spike is crucial now since the region’s weekly pricing system quickly feeds changes through, affecting commuters and small businesses almost right away. In Nova Scotia, prices had stayed
17 January 2026
BCE price target shake-up: RBC lifts to C$38 as Scotiabank, Desjardins trim theirs

BCE price target shake-up: RBC lifts to C$38 as Scotiabank, Desjardins trim theirs

Toronto, Jan 15, 2026, 10:58 EST RBC Capital Markets bumped up its price target on BCE Inc to C$38 from C$37 on Tuesday, maintaining its Outperform rating. The upgrade reflects expectations for a boost in operating growth next year. BCE shares were trading near C$33.6 on the Toronto Stock Exchange Thursday morning. https://www.investing.com/news/analyst-ratings/bce-stock-price-target-raised-to-c38-from-c37-at-rbc-capital-93CH-4444905 https://www.google.com/finance/quote/BCE:TSE BCE’s three-year forecast has become the linchpin of the story: growth either bounces back in 2026, or the stock remains stuck at a low valuation. In Canada, many investors still see BCE as a reliable dividend play, so any change in cash-flow expectations spreads quickly. Targets
15 January 2026
·····
Debt worries rise: MNP survey says most Canadians expect higher costs and weaker economy in 2026

Debt worries rise: MNP survey says most Canadians expect higher costs and weaker economy in 2026

TORONTO, Jan 13, 2026, 07:16 EST Most Canadians are bracing for a tougher cost of living in 2026, according to a quarterly survey from insolvency firm MNP Ltd. Released Monday, the poll revealed that 71% expect living expenses to rise, while 59% anticipate the overall economy will take a hit this year. Concerns about housing are also mounting. https://www.globenewswire.com/news-release/2026/01/12/3216872/0/en/MNP-Consumer-Debt-Index-Canadians-Brace-for-Challenging-2026.html The snapshot is crucial now as households enter the year still wary of borrowing costs, following a series of rate changes that altered mortgage and credit payments. In December, the Bank of Canada kept its overnight rate target steady at 2.25%,
13 January 2026
··
RBC stock: What to know before markets reopen after Canada’s jobs report

RBC stock: What to know before markets reopen after Canada’s jobs report

Toronto, Jan 11, 2026, 15:11 EST — The market has closed. Shares of Royal Bank of Canada (RY.TO) finished Friday at C$235.52, edging up 0.2%. Across the border in New York, RBC’s stock (RY) slipped 0.2% to close at $169.19, ahead of Monday’s trading session. (FinancialContent) RBC shares remain closely tied to moves in interest rates. Shifts in bond yields and central bank policies typically drive bank stocks, since they affect lenders’ margins between loan earnings and deposit costs. Canada added 8,200 jobs in December, but the unemployment rate ticked up to 6.8% as more people entered the labor force,
11 January 2026
·····
RBC stock: Eurasia Group pact and Canada jobs put two dates on investors’ radar

RBC stock: Eurasia Group pact and Canada jobs put two dates on investors’ radar

Toronto, Jan 10, 2026, 15:29 EST — Market closed. Royal Bank of Canada announced plans to launch a three-year strategic partnership with political risk consultancy Eurasia Group starting in 2026. On Friday, RBC’s U.S. shares slipped 0.2% to close at $169.19, while its Toronto-listed stock edged up 0.2% to C$235.52. (Fidelity Fixed Income) The deal comes as officials and companies gear up for the initial six-year joint review of the USMCA, the North American trade agreement, set for July 1, 2026. Trade policy is creeping back into market pricing, and cross-border lenders are once again fielding questions about the fallout
10 January 2026
·····
Canada’s 2026 TFSA limit is $7,000 as tax brackets rise: key CRA dates ahead

Canada’s 2026 TFSA limit is $7,000 as tax brackets rise: key CRA dates ahead

NEW YORK, December 30, 2025, 11:34 ET Canada’s federal income tax brackets for 2026 will rise 2% with inflation and the lowest federal rate will be 14%, Canada Revenue Agency payroll tables show. The first bracket runs to C$58,523 and the top threshold begins at C$258,482, the tables show. Canada Why it matters now: employers set January payroll withholdings in days, and households are already lining up their first-quarter cash flows and registered-account contributions. The new year also brings a fresh set of deadlines for the 2025 tax season. Missing a filing date or misreading contribution room can quickly turn
30 December 2025
·····
Toronto Stock Exchange (TSX) Weekend Briefing: Canadian Stocks Head Into the Final 2025 Sessions Near Record Highs as Gold and Silver Smash Records

Toronto Stock Exchange (TSX) Weekend Briefing: Canadian Stocks Head Into the Final 2025 Sessions Near Record Highs as Gold and Silver Smash Records

NEW YORK, Dec. 27, 2025, 8:35 a.m. ET — Market closed The Toronto Stock Exchange is shut for the weekend, and Canadian equities are effectively in “pause mode” after a holiday-shortened stretch that left the benchmark S&P/TSX Composite hovering just below a psychological milestone: 32,000. That “quiet” headline hides a louder reality. The last full trading pulse from Toronto came in a thin, early-closing Christmas Eve session—and since then, the global market narrative has been dominated by two forces TSX investors obsess over for good reason: commodities and rates. With trading set to resume Monday, Dec. 29, Canadian investors are
27 December 2025
····
Toronto Stock Exchange (TSX) Today: S&P/TSX Composite Hits a Record High, Holiday Trading Hours, and 2026 Forecasts — Dec. 21, 2025

Toronto Stock Exchange (TSX) Today: S&P/TSX Composite Hits a Record High, Holiday Trading Hours, and 2026 Forecasts — Dec. 21, 2025

TORONTO — Bay Street is heading into the Christmas-shortened trading week with the kind of momentum that makes both optimists and risk managers feel uncomfortably alive. On Friday, Canada’s benchmark S&P/TSX Composite Index closed at 31,755.77, up 1% on the day, in heavy volume—a fresh record close that capped a choppy but ultimately positive pre-holiday stretch. The index finished the week up 0.7%, and it has gained 28.4% year-to-date, putting 2025 on track for its biggest annual advance since 2009. Reuters As of Sunday, Dec. 21, 2025, that backdrop sets up a very TSX-flavored storyline: commodities and financials remain the
21 December 2025
···
1 2 3

Stock Market Today

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.02.2026

7 February 2026
LIVEMarkets rolling coverageStarted: February 7, 2026, 12:00 AM ESTUpdated: February 7, 2026, 12:30 AM EST Dollar Dips as Stocks Rally and US Data Influences Fed Rate Expectations February 7, 2026, 12:18 AM EST. The **dollar index** fell 0.17%, pressured by a rebound in equity markets reducing demand for the safe-haven currency. Weaker-than-expected U.S. labor market data raised the odds of a Fed rate cut to 18% for March, though consumer sentiment improved to a six-month high, limiting losses. Hawkish comments from Atlanta Fed's Raphael Bostic emphasized maintaining restrictive monetary policy. The dollar faces medium-term weakness amid expectations for rate cuts
Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
Go toTop