Monday
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The Canadian dollar held steady amid signs of service sector weakness. Eyes now turn to impending high-level talks that could reshape market expectations in Canada.
Sources
Canadian, Economy
To recap week of May 5 – May 11, 2025
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The Canadian economy navigated mixed signals as cautious market sentiment met promising high-level talks, unexpected luxury real estate resilience, and ongoing job growth. Reassurances amid trade tensions even sparked a quirky cultural migration of a museum due to new tariffs.
Tuesday
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Carney dismissed annexation threats amid trade tensions, emphasizing measured steps to stabilize Canada’s economy and calm international strains.
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Wednesday
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Amid trade tensions and a cooling market, pockets of resilience emerge in Canadian luxury real estate, with ultra-luxury sectors defying economic headwinds in key urban centers.
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Friday
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Canada's economy reflects mixed signals as improved trade compliance narrows the deficit while 7,400 new jobs are added amid a slight uptick in unemployment. Indicators prompt close monitoring.
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Saturday
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Facing steep U.S. tariffs, a rubber duck museum is relocating to Canada, spotlighting rising economic tensions and fears over cross-border trade disruptions.
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