What’s driving the Canadian dollar to appreciate against the U.S. dollar?

Canada and Caribbean Roshan Abayasekara - August 19, 2026

After weakness was displayed during the 1st half of this year, analysts say that the outlook for the longer...

Canada Inflation Climbs to 3% in July 2026 as Oil and Travel Costs Push Prices Higher

Canada and Caribbean Roshan Abayasekara - August 18, 2026

Inflation reaccelerated in July ’26 after another volatile month for global energy prices. However, economists argue that the latest...

Canada Inflation Set to Rise as U.S. Tariff Deadline Puts Trade Deal Talks Under Pressure Week commending Monday, 17 August ‘26

Canada and Caribbean Roshan Abayasekara - August 17, 2026

Canada’s Consumer Price Index for July on Monday, 17 August, is expected to reflect a tick higher in headline...

Canada-U.S. Trade Talks Hit Roadblock as Ottawa Pushes Back Against New Tariff Offer

Canada and Caribbean Roshan Abayasekara - August 14, 2026

Canadians, besides American negotiators, have been exchanging a number of offers in recent weeks. As the clock ticks towards U.S....

Canadian & Caribbean tourism leaders meet to build a more resilient future

Canada and Caribbean Roshan Abayasekara - August 12, 2026

Tourism leaders from Canada as well as the Caribbean gathered at George Brown Polytechnic (GBP). It was to explore...

Canada and U.S. Hold Trade Talks as Ottawa Seeks Deal to Prevent New Tariff Escalation

Canada and Caribbean Roshan Abayasekara - August 11, 2026

A source familiar with the talks said on Friday, 7 August '26, that Canada & the U.S. are discussing...

Jamaica Tourism Gets Major Boost with Expanded Canada Flights and 400,000 Winter Season Seats

Canada and Caribbean Roshan Abayasekara - August 10, 2026

Jamaica’s second-largest source market may be on the verge of further growth. This is with approximately 400,000 seats that...

Canadian Dollar Outlook Improves as Economic Growth Narrows Gap With U.S. Performance

Canada and Caribbean Roshan Abayasekara - August 7, 2026

A Reuters poll reflected that the Canadian dollar may enter a holding pattern in coming months before notching moderate...

Canada-U.S. trade down almost CAD 2B in 2 years

Canada and Caribbean Roshan Abayasekara - August 6, 2026

The value of Canada’s trade with the U.S. declined by almost CAD 2 (USD 1.42) billion between the 1st...

What’s the single largest household bill draining Canadians’ bank accounts?

Canada and Caribbean Roshan Abayasekara - August 5, 2026

The affordability crisis besides overall inflation continues to impact Canadians across the country. A new national survey from Narrative...

Is Canada Heading Out of an Economic Slump? Early Q2 2026 Data Shows Signs of Recovery

Canada and Caribbean Roshan Abayasekara - August 4, 2026

According to economists parsing the latest gross domestic product (GDP) figures, early signs of an economic rebound in the...

Canadian NATO intern arrested on suspicions of espionage in Belgium

Canada and Caribbean Roshan Abayasekara - August 3, 2026

Belgium’s Federal Prosecutor’s Office indicated that it had launched an espionage investigation after NATO’s security services tipped off Belgium’s...

Canada Opens Gordie Howe International Bridge Without U.S. Officials as Trump Reacts to Ceremony Snub

Canada and Caribbean Roshan Abayasekara - July 31, 2026

Official in Windsor, Ontario, celebrated next week’s intended opening of the Gordie Howe International Bridge. It was at a...

RBC Wrongful Dismissal Case: Ontario Judge Awards CAD 2.6 million to Former Top-Ranked Financial Planner

Canada and Caribbean Roshan Abayasekara - July 28, 2026

The judge cites manufactured violations, a flawed investigation, and regulatory reports that damaged the career of a top-ranked employee. The...

Canada–U.S. Trade Tensions Rise as Trump’s Latest Tariffs Threaten USD 19.88 Billion in Exports

Canada and Caribbean Roshan Abayasekara - July 27, 2026

Some analysts argued on Tuesday, 21 July '26, that U.S. President Donald Trump’s latest escalation of his tariff campaign...

Canada Inflation Slows to 2.8% in June as Lower Gas Prices Ease Price Pressures and Boost Rate Cut Hopes

Canada and Caribbean Roshan Abayasekara - July 23, 2026

Lower gas prices were the major force pulling the headline inflation rate down in June ’26. Economists weighing in...

U.S.-Canada Tensions Rise as US Links Canadian Wildfire Smoke to New Tariff Threats

Canada and Caribbean Roshan Abayasekara - July 22, 2026

U.S. President Donald Trump says that the cost of pollution from wildfire smoke drifting south of the border must...

US-Canada Trade Dispute Continues as Washington Downplays Ottawa’s Concessions on Digital Tax and Media Rules

Canada and Caribbean Roshan Abayasekara - July 21, 2026

A United States (U.S.) top trade official disclosed that the Trump administration isn’t inclined to give Canada credit for...

Why Canada’s Wildfires Are Worsening: Ontario Communities Evacuated as More Than 850 Fires Burn

Canada and Caribbean Roshan Abayasekara - July 21, 2026

More than 850 active wildfires are currently burning across Canada. This includes parts of Northern Ontario. Some Ontario flames...

Canada-U.S. Trade War Hits Wine Industry as California Producers Push for End to Alcohol Boycott

Canada and Caribbean Roshan Abayasekara - July 17, 2026

A Democratic U.S. senator has posted on social media, urging Canada to reconsider its boycott on American alcohol, especially...

Delayed Gordie Howe International Bridge to open end July ‘26

Canada and Caribbean Roshan Abayasekara - July 16, 2026

After weeks of public criticism over delays that have been targeted at U.S. President Donald Trump, the Gordie Howe...

Halifax predicted to churn out thousands of jobs with new submarine deal

Canada and Caribbean Roshan Abayasekara - July 15, 2026

A branch of the Canadian military is expected to develop significantly, with the federal government ready to sign a...

KPMG Survey: Nearly Half of Canadian Manufacturers Considering Moving Production to the U.S.

Canada and Caribbean Roshan Abayasekara - July 14, 2026

A new survey indicates that trade tensions are causing some Canadian manufacturers to decide whether to relocate production south...

Canadian Cancer Research Breakthrough: McMaster Team Identifies Drug Targets to Prevent Brain Metastases

Canada and Caribbean Roshan Abayasekara - July 13, 2026

A team of researchers at McMaster University may have unlocked the key to interception of cancer cells before they...

Canada Introduces Foreign Influence Registry in 2026: What the New Transparency Rules Mean for Foreign Agents

Canada and Caribbean Roshan Abayasekara - July 10, 2026

The somewhat-delayed foreign influence registry, initially proposed by former prime minister Justin Trudeau & his cabinet, is set to...

Where Do Canada’s Wealthiest Families Live? Report Reveals Ontario as the Country’s Richest Province

Canada and Caribbean Roshan Abayasekara - July 8, 2026

A new report has disclosed that Ontario has the most high-net-worth Canadian families. 44% of Canada’s billionaire families live...

Can Canada Secure Tariff Relief for Canola and Peas as Trade Talks with China Resume?

Canada and Caribbean Roshan Abayasekara - July 7, 2026

International Trade Minister Maninder Sidhu states that the negotiating table will include more relief from Beijing's tariffs on Canadian...

Chinese EV Giants Use Canada as Launchpad for Future U.S. Market Entry

Canada and Caribbean Roshan Abayasekara - July 6, 2026

Just 2 weeks after Canadian Prime Minister Mark Carney announced in January ’26 that he may permit limited electric-vehicle...

Is Canada’s Workforce Ageing Too Fast? StatsCan Data Reveals Sharp Rise in Older Workers Across Key Sectors

Canada and Caribbean Roshan Abayasekara - July 3, 2026

According to new data from Statistics Canada (StatsCan), Canada’s workforce is ageing. This data raises questions about whether Canada is...

CUSMA Negotiations in Limbo as Canada and U.S. Remain Far from Agreement

Canada and Caribbean Roshan Abayasekara - July 2, 2026

With the deadline for renewal or review of the Canada-U.S.-Mexico CUSMA Agreement approaching on Wednesday, 1 July, U.S. Ambassador...

Can a Canada–Mexico alliance secure a long-term extension of the CUSMA agreement?

Canada and Caribbean Roshan Abayasekara - July 1, 2026

Mexican President Claudia Sheinbaum shared that ties between Mexico & Canada are strengthening. Mexico has formed a common front with...

Build in Canada or Lose Access? Joly Sets Conditions for Chinese EV Companies Amid Trade Shift

Canada and Caribbean Roshan Abayasekara - July 1, 2026

Canadian Industry Minister Melanie Joly said that she had clearly expressed to four Chinese electric vehicle (EV) makers that...

Statistics Canada reports retail sales up 0.5% at CAD 73 billion during April ‘26

Canada and Caribbean Roshan Abayasekara - June 25, 2026

Statistics Canada said on Friday, 19 June '26, that retail sales rose. 5% to USD 51.1 (CAD 73) billion...

Zuckerberg’s SuperYacht anchored off B.C. ahead of World Cup match

Canada and Caribbean Roshan Abayasekara - June 24, 2026

Launchpad, the 119-metre superyacht reportedly owned by billionaire, Facebook founder, and Meta CEO Mark Zuckerberg, was reportedly built in...

Canada’s population dips in the 1st quarter of ’26.

Canada and Caribbean Roshan Abayasekara - June 23, 2026

Statistics Canada says there are more deaths than births with less immigration. Canada’s population dipped by about 55,000 people during...

Canadian environment groups sue Ottawa over projected missed emission targets

Canada and Caribbean Roshan Abayasekara - June 22, 2026

A group of climate advocates is suing the federal government. The lawsuit is for recent policy changes that have...

Why the Bank of Canada Kept Rates Unchanged Again: Governor Says Economy Is Weak but Not in Recession

Canada and Caribbean Roshan Abayasekara - June 19, 2026

Bank of Canada (BoC) governor Tiff Macklem doesn’t think the economy is in a recession. However, he does acknowledge...

Strong Rebound in Canadian Manufacturing: 4.2% Sales Growth in April 2026 Led by Energy Sector Recovery

Canada and Caribbean Roshan Abayasekara - June 17, 2026

Total manufacturing sales surged 4.2% to USD 54.74 (CAD 77.10) billion in April ’26. This follows a 3.4% increase...

Why Canada’s Trade Surplus Jumped to a 15-Month High in April ’26 as Oil Prices Climbed

Canada and Caribbean Roshan Abayasekara - June 16, 2026

Canada’s good trade surplus in April ’26 surged by 55% to a 15-month high of USD 1.95 (CAD 2.72)...

Is Canada in recession? Bank of Canada says GDP data shows weakness, not broad decline

Canada and Caribbean Roshan Abayasekara - June 15, 2026

Bank of Canada (BoC)’s Governor Tiff Macklem acknowledged on Wednesday, 10 June ’26 that the Canadian economy is weak,...

Canadian dollar depreciates

Canada and Caribbean Roshan Abayasekara - June 12, 2026

The Canadian dollar (commonly known as the ‘loonie’) weakened to a 2-month low against its U.S. counterpart on Monday,...

Canada’s Population Outflow Surges as Economic Strain and Policy Shifts Bite

Canada and Caribbean Roshan Abayasekara - June 11, 2026

Eleven of the thirteen provinces, excluding the territories, reported double-digit year-over-year increases in the number of residents leaving the...

Is the Canadian economy compromised?

Canada and Caribbean Roshan Abayasekara - June 10, 2026

There was only a single word on the lips of many Canadian economists and politicians, besides journalists, during the...

Canadian BMO economist shares solid May ’26 jobs report

Canada and Caribbean Roshan Abayasekara - June 9, 2026

A surprisingly strong May ’26 employment report has reinforced many economists’ views that the Canadian economy may not be...

Canadian Economic Recovery Gains Momentum as OECD Raises Outlook for 2026 and 2027

Canada and Caribbean Roshan Abayasekara - June 8, 2026

After Canada’s economy slipped into a technical recession at the end of May ’26, a new outlook by the...

Carney acknowledges ‘weakness’ in Canadian economy after moving into a ‘technical recession’

Canada and Caribbean Roshan Abayasekara - June 5, 2026

Prime Minister Mark Carney acknowledged that the Canadian economy was weak while defending the federal government's economic agenda on...

Canada may double exports to China

Canada and Caribbean Roshan Abayasekara - June 4, 2026

Chinese Minister of Foreign Affairs Wang Yi said on Friday, 29 May ’26, that Canada may surpass its goal...

Canada’s Economy Stalls in Q1 ’26 as Recession Debate Intensifies Among Economists

Canada and Caribbean Roshan Abayasekara - June 3, 2026

The Canadian economy may still be struggling to grow. Some economists, weighing in on the latest real gross domestic...

Why Canada’s Major Banks Are Thriving Despite a Slumping Housing Market

Canada and Caribbean Roshan Abayasekara - May 28, 2026

Profits at the largest Canadian banks are forecast to have increased despite trade tensions. Additionally, the Middle East conflict...

Is Canada Building a Surveillance State? Google Flags Bill C-22 Over Data Backdoor Risks

Canada and Caribbean Roshan Abayasekara - May 27, 2026

The Bill may be in real trouble when even Google, the company that built its empire on knowing everything...

PM Carney Says Alberta Independence Push Risks ‘Dangerous Bluff’ as Referendum Debate Intensifies

Canada and Caribbean Roshan Abayasekara - May 26, 2026

Prime Minister Mark Carney expressed concern that the Alberta referendum question on separation could potentially lead to a dangerous...

Canada – CARICOM expert development mechanism project profile

Canada and Caribbean Roshan Abayasekara - May 25, 2026

Project overview Maximum contribution USD 2,880,000 (CAD 4,000,000) Commencement date 21 April ‘21 End date 31 Dec ‘26 Project status operational Lead department ...

Canadian author Tessa McWatt wins the overall ’26 OCM Bocas Prize for Caribbean Literature for The Snag

Canada and Caribbean Roshan Abayasekara - May 22, 2026

Canadian poet & author Tessa McWatt has been nominated as the overall winner of the ’26 OCM Bocas for...

April Inflation Surges to 2.8% in Canada Amid Middle East Crisis and Gas Spike

Canada and Caribbean Roshan Abayasekara - May 21, 2026

StatCan shared that the cost of gasoline was 28.6% higher year-over-year last month in April. This increase was caused...

Canada, welcome to join the Eurovision Song Contest

Canada and Caribbean Roshan Abayasekara - May 20, 2026

Eurovision competition director Martin Green shared the view that Canadian Prime Minister Mark Carney was inclined to embrace Europe....

Canada celebrates Victoria Day

Canada and Caribbean Roshan Abayasekara - May 19, 2026

The history & observance of Victoria Day. It’s a celebration of the sovereign's birthday in Canada. It follows a...

Caribbean’s Development Boost: CDB, Canada Collaborate on Landmark $200M Guarantee

Canada and Caribbean Roshan Abayasekara - May 18, 2026

The Barbados-based Caribbean Development Bank (CDB) has pledged a USD 200 million first-loss portfolio guarantee with the government of...

British slavery reparations must be a key issue at the Commonwealth summit, says former Caribbean leader

Canada and Caribbean Roshan Abayasekara - May 15, 2026

Leaders must consider support for a reparations resolution in November ’26, says St Vincent & the Grenadines ex-PM. What are...

Canada and Partners Forge Innovative Solutions for Migration Challenges at UN Forum

Canada and Caribbean Roshan Abayasekara - May 14, 2026

Canada is working with its global partners in strengthening migration systems to address shared challenges. Last week, the minister...

Canada and Guyana Reaffirm Strong Bonds Through Trade, Diaspora, and Diplomacy

Canada and Caribbean Roshan Abayasekara - May 13, 2026

The Government of Canada said on Friday, 8 May ’26, that its Prime Minister, Mark Carney, met with the...

Caribbean at a Crossroads: How Climate Investment and Regional Integration Could Drive Future Growth

Canada and Caribbean Roshan Abayasekara - May 6, 2026

Enhanced investment may be needed by Caribbean countries to strengthen resilience, particularly in areas such as climate adaptation, disaster...

Is CARICOM Facing a Governance Crisis Over Secretary-General Reappointment?

Canada and Caribbean Roshan Abayasekara - May 5, 2026

CMC-Caribbean Community (CARICOM) leaders met virtually on Friday, 10 April ’26 afternoon, to discuss issues, including the controversy that...

What’s Next for Caribbean Growth? Inside IDB’s Expanding ONE Caribbean Strategy

Canada and Caribbean Roshan Abayasekara - May 4, 2026

The 2-year milestone of the programme yields new actions on cybersecurity, besides capital markets & fiscal research. The Inter-American Development...

Canada’s $66.9B Deficit Drops—But Why Are Living Costs Still High in 2026?

Canada and Caribbean Roshan Abayasekara - April 30, 2026

The Spring Economic Update was tabled in the House of Commons on Wednesday, 29 April '26, against a backdrop...

Belize’s Tourism Surge: Why Canadians Are Investing in Eco Travel, Second Homes & Caribbean Lifestyles

Canada and Caribbean Roshan Abayasekara - April 29, 2026

Whilst precise figures on 2nd-home ownership may be limited, tourism data consistently reflect that Canadians remain a steady &...

Canada–Jamaica Farm Work Program at 60: Why Niagara Falls Lit Up in Jamaican Colours

Canada and Caribbean Roshan Abayasekara - April 28, 2026

On Monday, 27 April ’26, Niagara Falls took on a colourful illumination after dark of gold, green & black...

Are UK Job Losses About to Spike? Experts Link Economic Slowdown to Iran War

Canada and Caribbean Roshan Abayasekara - April 27, 2026

The British working class is to face a surge in unemployment as the economic shockwaves from the war in...

Canada–U.S. Trade at a Crossroads: Carney Launches New Advisory Committee

Canada and Caribbean Roshan Abayasekara - April 27, 2026

On Tuesday, 21 April ’26, the Canadian Prime Minister, Mark Carney, announced a new advisory committee on Canada-United States...

IMF Flags Uneven Impact of Middle East Conflict on Latin America and Caribbean Economies

Canada and Caribbean Roshan Abayasekara - April 24, 2026

The International Monetary Fund (IMF) said on Friday, 17 April ’26, that the Middle Eastern war is likely to...

The Commonwealth & Canada

Canada and Caribbean Roshan Abayasekara - April 23, 2026

History The current Commonwealth is a voluntary association of 56 countries. Most countries have historic links to the United Kingdom...

Canadian PM Mark Carney Achieves Parliamentary Majority

Canada and Caribbean Roshan Abayasekara - April 22, 2026

Recent byelections gave the Liberals one of the most remarkable majorities in Parliament’s history. Prime Minister Mark Carney addressed the...

Canada Eyes Asia, But Can It Escape U.S. Gravity?

Canada and Caribbean Roshan Abayasekara - April 21, 2026

Canadian Prime Minister Mark Carney recently launched his ‘elbows up’ campaign in transforming Canada to trade more with the...

Is Ontario’s Fiscal Outlook Worsening? A Closer Look at the 2026 Budget Deficit Surge

Canada and Caribbean Roshan Abayasekara - April 20, 2026

The province had tabled a CAD 244 billion spending plan, but it now reflects a deficit until 2028-'29. The spectre...

Canada’s economic diversification

Canada and Caribbean Roshan Abayasekara - April 17, 2026

With the absence of a coherent economic corridor policy framework that may guide & strategically coordinate action, Canada risks...

Canadian FinDev provides a USD 30 million loan to CIFI in support of inclusive economic growth in the Caribbean & Latin America

Canada and Caribbean Roshan Abayasekara - April 16, 2026

The Corporación Interamericana para el Financiamiento de Infraestructura (CIFI) was to benefit from Canada’s bilateral development finance institution, FinDev...