U.S.

Economic Indicators

Many Americans doubt effectiveness of tax cuts, tariffs: poll

Fewer than half of Americans expect President Donald Trump's tariffs to do much to help the U.S. economy

By The Associated Press |August 24, 2018

4 min read

Tax News

U.S. considers tax break on capital gains

No decision has been made yet on whether to proceed

By The Associated Press |July 31, 2018

3 min read

Tax News

How Trump’s new tax act hurts Americans in Canada

Life is even more challenging for many U.S. citizens in Canada who operate businesses

By David A. Altro |July 11, 2018

3 min read

Economic Indicators

Snapshot: U.S. economic data

We’ve aggregated snapshots of the U.S. economy into a few simple clicks.

By Staff |April 12, 2018

1 min read

What’s behind falling U.S. retail sales

U.S. consumers spent less at auto dealers, gas stations and department stores in February, causing overall retail sales to slip 0.1%. It was the third consecutive month of declining retail sales, the Commerce Department said Wednesday, though retail sales are still 4% higher from a year ago. In a CIBC economics report, Royce Mendes, director […]

2 min read

What U.S. trade tariffs mean for investors

Last week, U.S. tariffs were announced on steel and aluminum imports—25% on steel and 10% on aluminum. Canada and Mexico are excepted, so long as NAFTA negotiations are ongoing. The exception notwithstanding, the development isn’t good news for investors. “Protectionist U.S. trade policies will do more harm than good, not just to the country’s export […]

By Staff |March 12, 2018

4 min read

How a U.S. trade war could affect markets

With markets attuned to inflation risk and with equity volatility rearing its head, President Trump’s tough talk on trade tariffs isn’t good news. The president has threatened tariffs on aluminum (10%) and steel (25%) imports, with the effect likely being sharply higher domestic metals prices. Douglas Porter, BMO chief economist, estimates in a weekly financial […]

3 min read

U.S.

Many Americans doubt effectiveness of tax cuts, tariffs: poll

U.S. considers tax break on capital gains

How Trump’s new tax act hurts Americans in Canada

Snapshot: U.S. economic data

What’s behind falling U.S. retail sales

U.S. inflationary pressures are muted, for now

What U.S. trade tariffs mean for investors

Economic news to watch for next week

How a U.S. trade war could affect markets

Morneau, WTO weigh in on Trump’s planned tariffs