The Canadian alcohol import ban takes effect Sept. 29, alongside blocked motorcycles and whey, plus 50% tariffs on mattresses, lamps and motorboats from Sept. 15.
The TSX Composite closed down 1.11% at a one-month low as materials, real estate and clean tech fell, gold slid and crude oil surged past $100.
Canadian financial regulation enters a busy September: OSFI’s Regulatory Data Hub timeline, Bill C-29’s Financial Crimes Agency and an FATF review due this autumn.
A new survey finds B.C. household savings are shrinking for nearly half of residents, raising the risk that even small financial shocks cause real harm.
Scotiabank ROE reached 14.2% last quarter, clearing its 14% goal two years early, with Canadian banking above 19% and international banking pivoting to growth.
The Bank of Canada rate hold keeps the overnight rate at 2.25% for a seventh straight decision as tariffs and oil prices lift inflation risk.
The bank CEOs credit outlook stayed positive at the Scotiabank Financials Summit, even as Canada-U.S. tariffs escalated and TD set aside $500 million.
Canada retaliatory tariffs on $20B in U.S. goods are now in force, Washington bans Canadian dairy, alcohol and motorcycles from Sept. 29, and Ottawa looks to the EU.
Trump signed five proclamations creating a Canadian alcohol import ban from Sept. 29, plus 50 per cent tariffs on dairy, wood, aluminum and furniture.
Definity catastrophe losses reached an estimated $130 million for July and August 2026 after Ontario and Alberta floods and BC wildfires, above analyst consensus.
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