Franklin FTSE Canada ETF

FLCA

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Shipments increased 1.5% from the month before, marking a sixth rise in factory trade in the last seven months after a 0.3% dip in July.

Canada's economy shed 68,300 jobs in September, sharply missing forecasts for a gain of 9,200, Statistics Canada said Friday.  The unemployment rate rose 0.1 percentage points to 6.5%, matching its level at the start of the year.

Canada's economy unexpectedly shed jobs for a second month running, nudging the unemployment rate up. Employers cut 68,300 jobs in September, Statistics Canada said.

Reading marked a sixth consecutive merchandise-trade surplus and the biggest since May 2022, and came in well above the roughly C$1.5 billion economists anticipated.

President Donald Trump's trade war with Canada puts billions in exports at risk across Ohio, Michigan, Pennsylvania and Wisconsin before midterms.

Canada will fast track the approval process for a new proposed crude oil export pipeline to ​its west coast that could generate over C$20 billion ($14 billion) a year in ‌GDP, Prime Minister Mark Carney said on Thursday.

Canadian manufacturing activity softened again last month, with the industry continuing to notch a lift in production in the face of a fall in new orders and a spike in cost inflation, data showed.

A U.S ban on imports of various Canadian goods, including many alcoholic beverages and dairy products, came into force on Tuesday. President Trump said he expects Ottawa to capitulate in the countries' trade dispute, as Canadian officials insist they will not sign a deal that is bad for the country.

Markets are broader than headlines suggest. AI is driving wider economic growth in Canada. Why Canada is positioned to benefit from the AI buildout.

Sales in July fell for the first time this year, declining 0.7% from the previous month to a seasonally adjusted 73.7 billion Canadian dollars, the equivalent of about US$52.25 billion.