Capital Bulletin – April 2025

Capital Bulletin – April 2025

April 09, 2025 |The Chieduch Group
Paradigm Shift: How the Economic Center of Gravity is Changing After a Century of American Leadership This note is being written after the close on April 7th, which ostensibly saw a quiet day after stocks finished the day just modestly lower (in stark...
Read more
Navigating the Impact of U.S. Tariffs on Canada

Navigating the Impact of U.S. Tariffs on Canada

April 04, 2025 |RBC Wealth Management Canada
Read more
Turning the Tables: How Canada can shake off the U.S. softwood lumber dispute and grow the sector

Turning the Tables: How Canada can shake off the U.S. softwood lumber dispute and grow the sector

March 28, 2025 |Ajay Nandalall
Canada’s intractable softwood lumber dispute with the U.S. has long cast a shadow over the country’s promising forestry sector. However, reimagining its potential, building a value-added industry, and seeking new markets could be the playbook that Canada...
Read more
Canada’s housing market retreats amid trade war

Canada’s housing market retreats amid trade war

March 19, 2025 |Robert Hogue
The threat of U.S. tariffs has become top of mind for those considering buying or selling a home in Canada. Concerns about the significant damage that hefty tariffs would inflict on the economy prompted many buyers and sellers to hit pause in February—leading...
Read more
Focusing on the forest

Focusing on the forest

March 14, 2025 |The Chieduch Group
As portfolio managers, our job is to make sure we’re on top of every development, policy change, rate cut, data release, and headline. We’ve certainly had plenty of those to keep track of in the last few weeks. Sweeping U.S. import tariffs were announced...
Read more

Video: Bank of Canada cuts interest rate to 2.75% as U.S. trade tensions persist

March 13, 2025 |Josh Nye

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

Read more
What is the impact of tariffs on the U.S. economy?

What is the impact of tariffs on the U.S. economy?

March 06, 2025 |Mike Reid and Carrie Freestone
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...
Read more
U.S. tariffs on Canada take effect: What is the state of play?

U.S. tariffs on Canada take effect: What is the state of play?

March 06, 2025 |Frances Donald and Cynthia Leach

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

Read more
U.S. tariffs on Canada take effect: What is the state of play?

U.S. tariffs on Canada take effect: What is the state of play?

March 06, 2025 |Frances Donald and Cynthia Leach
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...
Read more
Is the Trump Trade Over Already?

Is the Trump Trade Over Already?

February 27, 2025 |The Chieduch Group
The weeks that immediately followed a Republican sweep of the White House, Congress and Senate were met with a surge of optimism in markets: the S&P 500 climbed 5%, megacap tech stocks jumped, Bitcoin surged to an all-time high, and a variety of so-called...
Read more