Canada Economy News

Canada Economy News

Port of Montreal.
10 Jan 2019
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership, which took effect Dec. 30, will contain 495 million consumers.
Toronto skyline.
19 Jun 2018
The Canadian economy is “humming,” an economist says, but can it outrun trade disputes with its largest trading partner?
25 Jun 2017
Canada’s economy is expected to pick up steam in 2017, with real GDP growth forecast at 2 percent for the year.
20 Jun 2017
Canadian shippers and the head of Canada’s largest port have argued monetizing the country’s 18 port authorities could increase port user fees, limit public oversight, and threaten investment in waterside infrastructure.
09 Jan 2017
Port of Vancouver president and CEO Robin Silvester has called the government-led push “a threat."
24 Aug 2016
A new white paper commissioned by the Van Horne Institute and completed by JOC outlines how Canada can build on its success in creating inland ports.
Although international intermodal volume at Canadian National Railroad fell in the second quarter, its domestic intermodal business was up.
27 Jul 2016
The railway, Canada’s largest, said that traffic figures took a hit from weakened demand, but business was also curbed by challenges at Port Metro Vancouver.
25 Jul 2016
TransForce's package division increased sales 6 percent, but its trucking business struggled in the second quarter.
20 Jun 2016
The North American Free Trade Agreement’s cross-border freight growth of 3.2 percent in 2015 — representing 14.7 million truck and rail containers crossing both borders — exceeds the global ocean container trade’s weak gain of 1.3 percent in the same period.
17 Jun 2016
The legislation would implement a new preclearance agreement.
The Detroit Ambassador Bridge connecting Windsor, Canada and Detroit.
07 Jun 2016
At the U.S.-Canadian border, rising truck volumes are a welcome sign of economic improvement. But an 8 percent increase in truck crossings in Detroit in the first quarter also raises concerns about the speed and fluidity of cross-border freight traffic.
01 Jun 2016
A surge in auto exports, as well as other goods, helped lift trucking activity at the three largest U.S.-Canada border crossings.
06 Apr 2016
Canada’s Dicom Transportation Group is driving deeper into U.S. markets as it pursues cross-border and last-mile freight and packages.
30 Jun 2015
The value of the goods shipped between the U.S. and Canada dropped 12.5 percent in April, thanks to low oil prices, a strong U.S. dollar and a shrinking Canadian economy.
27 May 2015
Despite an uncertain economy, cross-border truck rates between the U.S. and Canada are rising, driving up overall trucking costs for Canadian shippers, Nulogx says. Currency fluctations and the need to secure capacity likely play a part in the price hikes.
23 Feb 2015
The five largest U.S. border crossings by truck increased truck volume 4 percent in 2014, with Laredo, the largest truck crossing point, processing 5.5 percent more trucks than in 2014.
Ambassador Bridge
21 Feb 2015
The U.S. and Canada cleared a big hurdle to building a second span over the Detroit River, a critical crossing and sometime choke-point for cross-border trade.
16 Jan 2015
The U.S. economic engine is powering cross-border sales and truck freight traffic with Canada, sending spot-market cross-border loads to record highs, TransCore Link Logistics says.
08 Dec 2014
Transplace is expanding in Western Canada and Quebec as U.S.-Canada cross-border traffic speeds up, along with the U.S. and Canadian economies.
Made in Canada
27 Aug 2014
Canadian export growth is slated to rise to 4.7 percent this year and 7.7 percent in 2015, as global and particularly U.S. demand builds, non-energy shipments rise, and the Canadian dollar weakens, according to the Royal Bank of Canada.
18 Feb 2014
Cross-border trade among the U.S., Mexico and Canada is increasing, but President Obama is likely to hear complaints about U.S. trade barriers when he meets his Mexican and Canadian counterparts Feb. 19.
04 Sep 2013
Canada’s merchandise exports in July slid 0.6 percent month-to-month, while imports inched up 0.6 percent, resulting in a trade deficit of C$931 million (about US$887.3 million)...
Flag of Canada
06 Aug 2013
Canada’s merchandise exports in June rose 1.4 percent month-to-month, while imports inched up 0.6 percent, resulting in a trade deficit of C$469 million (about US$451.9 million)...
Wood pellets burning
30 Jul 2013
Wood pellet exports from North America were up more than 50 percent year-over-year in the first quarter of 2013, with the U.K. as the major export destination, according to the North American Wood Fiber Review.
10 Jul 2013
The chairman of the Montreal, Maine & Atlantic Railway expects tougher safety regulations in the wake of the Lac-Mégantic rail disaster, and he told CBC/Radio-Canada the MMA is already planning to change its operations and policies.
03 Jul 2013
Canada’s merchandise imports in May fell 3.2 percent month-over-month, while exports declined 1.6 percent, resulting in a trade deficit of C$303 million (about US$287.2 million)...
25 Jun 2013
Armour Transportation Systems, a less-than-truckload carrier based in Atlantic Canada, acquired Way's Transport, a trucki
06 Jun 2013
Port Metro Vancouver in British Columbia handles $172 billion of cargo each year, or about $475 million every day, according to the port’s 2012 Economic Impact Study.
Flag of Canada
05 Jun 2013
Canada’s merchandise imports in April rose 1.2 percent month-over-month, while exports edged down 0.2 percent, resulting in a trade deficit of C$567 million, compared with C$3 million in March, according to Statistics Canada.
U.S. cross-border rail imports from Canada. Source: Bureau of Transportation Statistics
03 Jun 2013
Cross-border imports by rail from Canada into the United States jumped to their highest value in March since the JOC began collecting data in January 2009, according to data from the U.S. Bureau of Transportation Statistics.
U.S. cross-border trade by rail with Canada. Source: Bureau of Transportation Statistics
07 May 2013
Cross-border imports by rail from Canada into the United States fell in February after eight months of showing year-over-year increases, according to data from the U.S. Bureau of Transportation Statistics.
24 Apr 2013
Exports of wood pellets from North America to Europe reached a record 3.2 million tons in 2012, an increase of more than 60 percent year-over-year, with U.S. export volumes more than doubling...
U.S. cross-border trade by rail with Canada through January 2013. Source: U.S. Bureau of Transportation Statistics.
29 Mar 2013
Cross-border trade by rail between the United States and Canada has been on the rise for the past eight months, according to data from the U.S. Bureau of Transportation Statistics.
21 Feb 2013
The gap between the supply of drivers and the demand for them could be costly to the Canadian economy, concluded a Conference Board of Canada report.
20 Feb 2013
Canadian business leaders are optimistic about their financial prospects in 2013, despite economic uncertainty...