Fundamentally changing CUSMA would require the U.S. Congress to pass the bill. The odds are very high for a divided Congress after the fall, and it's unlikely anything gets passed for at least 2 years.
While the Leger poll saying that 46% of Canadians could cover basic expenses for only 1 month or less before falling into debt is eye-opening, that's more or less the result every time I've seen one of these poll results published ever since I've been alive.
Despite today's 5% drop in oil prices on the reopening of the Strait of Hormuz this Friday, the @WSJ cites industry experts that say it will take months to recover from the 15-week-long inventory depletion.
A new BMO report says 47% of Canadians view marriage as a financial commitment over an emotional one, and 37% stayed in their marriage longer than they wanted because of money.
A Morgan Stanley report says that U.K. (which is an 80% services economy) companies adopting AI cut their workforces by 8% in the year ending October 2025.
The @WSJ says Fed Chair Kevin Warsh favours the "trimmed mean" inflation rate (2.3%) over core inflation (3.3%). Perhaps the next move isn't necessarily a rate hike...
The Toronto Regional Real Estate Board says condo prices in the City of Toronto have fallen from the average of $730,800 in December 2021 to $665,500 in April.