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Running up debts to buy foreign goods is unsustainable in the long term. Identifying the problem is simple, but we see no easy or quick escape for the U.S. from the imbalances built up over the last four decades.

David Chilton talks about inheritance tax in Canada and filing a final tax return.

The Markets The TSX is down 0.2% for April and up 0.6% year to date. The S&P500 is down 0.9% for April and down 5.5% year to date. The NASDAQ is down 0.8% for April and down 9.6% year to date. I am attaching our Global Insight Weekly dated May 1, 2025...

Key takeaways Canada and the U.S. are each other’s largest minerals trading partner, amounting to $146 billion in bilateral trade1. The U.S. is 100% import reliant for 12 of its identified list of 50 critical minerals, and net import reliant (>50%) for...

The Markets (as of close March 28, 2025) The TSX is down 2.5% in March and up 0.1% year to date. The S&P500 is down 6.3% in March and down 5.1% year to date. The NASDAQ is down 8.1% and down 10.3% year to date. I have attached our latest article on Tariffs;...

The Bank of Canada lowered its benchmark interest rate again in March, this time to 2.75% from 3%.

The effective U.S. tariff rate is now at its highest level since the 1940s after U.S. President Donald Trump signed an executive order to impose 25% tariffs on Canada and Mexico on March 4. A new order was also signed for China, increasing tariffs to...

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...