Trade Partner Profile: Mexico
Trade between Canada and Mexico remains limited, but current agreements under CUSMA provide a solid foundation for future growth. Moreover, the trade uncertainty brought about by tariff threats highlights the importance of strengthening bilateral ties and expanding direct trade networks between the two countries.
Featured Insights
CPI Growth Jumps in February as GST Holiday Expires
Canadian Economics March 18, 2025
CPI growth picked up sharply in February as the GST holiday ended. Core inflation measures also rose in January and February, suggesting that underlying price growth has accelerated.
Quick take • 3-min read
Kiefer Van Mulligen
Two Announcements, Two Cuts to Start 2025
Canadian Economics March 12, 2025
Tariffs, tariffs, tariffs. The Trump administration’s persistent tariff threats are adding uncertainty to Canada’s economic outlook, encouraging the Central Bank to cut its policy interest rate today. Broad U.S. tariffs would further devalue the Canadian dollar, raising concerns about stagflation—low economic growth and high inflation.
Quick take • 2-min read
Shane Brimacombe
Employment Stable in February Amid Looming Trade War
Canadian Economics March 7, 2025
Canada’s labour market encountered significant challenges in 2024, characterized by a gradual slowdown. Employment rose by just 1.6 per cent — well below the rate of population growth. Nevertheless, job gains have been positive over the past seven months, and employment growth began to regain momentum in November.
Quick take • 2-min read
Maxime Arseneau
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