ES Insights

Although trade policies are evolving and government responses remain uncertain, here is a summary of what we know.

The U.S. administration has implemented blanket tariffs on Canada and Mexico after a 30-day reprieve with 25% on all imports except 10% on Canadian energy. An additional 10% tariff on China is also planned. Canada has been hit with its largest trade shock...

As the threat of U.S. tariffs remains a regular topic of news outlets, we examine the potential highs and lows and their effects.

The first couple months of 2025 have likely demonstrated what we can expect for the foreseeable future: an increased level of political and economic uncertainty - and a lot of 'noise'. Investors have always needed to deal with risk and uncertainty but...

For the European Union, the economic impact of U.S. tariffs will depend on their level and duration. We investigate the implications of rapidly changing U.S. trade policies, and explore how the EU may respond.

Washington, D.C. policy decisions have been in the spotlight of late, but we think investors should not take their eyes off the results and clues coming from Q4 earnings season.

The significant risk that tariffs pose to Canada’s economy casts a potentially dark shadow over the housing market.

It has been a whirlwind couple weeks, with early indications pointing to U.S. policy making continuing to create uncertainty for the foreseeable future. In this week’s economic update, we are speaking to the outcome of the U.S. elections and the impact...