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Randy Thanthong-Knight

@rtkwrites.bsky.social
486 followers 91 following 113 posts

Bangkok bureau chief at Bloomberg News

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Randy Thanthong-Knight @rtkwrites.bsky.social · 21/08/2026
Few dogs are better suited to the moment. Dachshunds are compact enough for urban life, distinctive enough for Instagram or TikTok and packed with personality.
bloomberg.com
Why Does Everyone Have a Dachshund Now?
Celebrity owners, TikTok and apartment living have turned the once-specialist hunting dog into one of the world’s hottest breeds.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 24/07/2025
Uncertainty about US President Donald Trump’s trade policy is curbing Canadian business investment and consumer spending, though firms see the economy avoiding a bad recession, central bank surveys show.
bloomberg.com
Firms See Canada Escaping Worst Tariff Outcomes, Survey Shows
Uncertainty about US President Donald Trump’s trade policy is curbing Canadian business investment and consumer spending, though firms see the economy avoiding a bad recession, central bank surveys sh...
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Randy Thanthong-Knight @rtkwrites.bsky.social · 24/07/2025
Canadians say they’re ramping up their boycott of US travel and products in response to US President Donald Trump’s tariffs, and the country’s central bank is taking notice. “I won’t be going to the US anytime soon,” one respondent told the bank. “I don’t feel good about spending my money there.”
bloomberg.com
‘I Won’t Be Going’: Canadians Explain Their US Boycott to the Central Bank
Canadians say they’re ramping up their boycott of US travel and products in response to US President Donald Trump’s tariffs, and the country’s central bank is taking notice.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 24/07/2025
Canadian retail sales grew at the fastest pace this year in June, according to an official estimate, bouncing back from a slowdown in May. *June sales likely +1.6% m/m *May sales -1.1% and April +0.4% *2Q sales estimate +0.4% q/q, the weakest quarterly pace in a year
bloomberg.com
Canadian Consumer Spending Loses Steam in Second Quarter
Canadian retail sales grew at the fastest pace this year in June, according to an official estimate, bouncing back from a slowdown in May.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 15/07/2025
Canadian consumer prices accelerated for the first time in four months and underlying price pressures were firmer, likely keeping the central bank from cutting interest rates on July 30. *CPI +1.9% y/y in June, up from 1.7% in May *The index +0.1% m/m last month *Core rates +3.05%, up from 3%
bloomberg.com
Canada Inflation Accelerates, Cementing July Rate Pause
Canadian consumer prices accelerated for the first time in four months and underlying price pressures were firmer, likely keeping the central bank from cutting interest rates later this month.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 11/07/2025
The Canadian economy shrugged off tariff uncertainty, adding the most jobs in six months with the unemployment rate falling for the first time since January. *Employment +83,100 in June *Jobless rate fell 0.1 pp to 6.9% *Part-time work made up 84% of job gains *Private +47,000; public +23,000
bloomberg.com
Canada Unexpectedly Adds 83,100 Jobs, Biggest Gain of 2025
The Canadian economy shrugged off tariff uncertainty as the labor force added the most jobs in six months and the unemployment rate surprisingly fell, supporting another interest rate pause from the B...
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Randy Thanthong-Knight @rtkwrites.bsky.social · 11/07/2025
It seems that nothing Canada has tried so far has shielded it from the threats of Donald Trump. Love this quote from @karl-schamotta.bsky.social: “There was hope that there was light at the end of the tunnel — unfortunately it appears that light is a train.”
bloomberg.com
Trump’s 35% Tariff Bulldozer Tests Carney’s Strategy of Avoiding Conflict
It seems that nothing Canada has tried so far has shielded it from the threats of Donald Trump.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 10/07/2025
Canadians are committed to ditching US travel, taking the fewest number of car trips there in the year’s first half since at least 2017, excluding the pandemic. *Canadians returned from 8m trips in 1H, vs. 11m in 2024 *Canadian return trips by car from the US -33% y/y in June *And by air -22% y/y
bloomberg.com
US Sees 33% Drop in Car Trips by Canadians as Summer Travel Starts
Canadians are committed to ditching US travel, taking the fewest number of car trips there in the year’s first half since at least 2017, excluding the pandemic.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 10/07/2025
A growing number of migrants in the US are heading north, even as Canada adopts increasingly restrictive immigration policies of its own. *Saint-Bernard-de-Lacolle crossing saw asylum claims jumped by more than 400% y/y, first six days of July *Claims +128% in June; +82% so far this year
bloomberg.com
Trump Immigration Crackdown Sends More Asylum Seekers North
A growing number of migrants in the US are heading north to seek asylum, even as Canada adopts increasingly restrictive immigration policies of its own.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 10/07/2025
Canada should become a world leader in producing and processing raw materials for military equipment and defense systems, according to the Business Council of Canada.
bloomberg.com
Top CEOs Want Canada to Build a Strategic Minerals Reserve for Defense
Canada should become a world leader in producing and processing raw materials for military equipment and defense systems, according to an influential business group.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 27/06/2025
The Canadian economy is on track for a modest decline this quarter, yet isn’t deteriorating as fast as some economists feared. *April GDP -0.1% m/m *May GDP also -0.1% m/m *Assuming no growth in June, 2Q likely -0.3% q/q annualized, vs economist estimates of -0.5% and BOC forecast of 0% to -1.3%
bloomberg.com
Canada Economy Set for Contraction in Second Quarter
The Canadian economy is on track for a modest decline this quarter, yet isn’t deteriorating as fast as some economists feared.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 26/06/2025
Youth unemployment in Canada jumped 3.6 pp over the past two years, the sharpest increase among the 25 largest OECD economies — including the US, UK and Australia. As of May, one in seven Canadian youth can’t find work, and they’re more than twice as likely as other age groups to be unemployed.
bloomberg.com
Canada’s Youth Job Market Slumps Most Among Major Economies
Young Canadians are facing a labor market that has deteriorated faster than in any other major advanced economy.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 25/06/2025
Canadian consumer prices held steady while core measures eased slightly, likely giving some relief to Bank of Canada policymakers who had raised concerns about hotter underlying inflation prints in recent months. *CPI rose 1.7% y/y in May, matching April's pace *Core +3%, down from 3.1% in April
bloomberg.com
Canada Inflation Holds at 1.7% in May as Core Pressures Cool
Canadian consumer prices held steady while core measures eased slightly, likely giving some relief to Bank of Canada policymakers who had raised concerns about hotter underlying inflation prints in re...
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Randy Thanthong-Knight @rtkwrites.bsky.social · 18/06/2025
Tighter immigration rules have cut off the fuel from the Canadian population growth engine. *Canada added just 20,107 people in 1Q *That's 0% quarterly population growth vs. 1Q average of 0.3% over the past decade *It's the slowest quarterly rate since records began in 1946, tied with 4Q of 2014
bloomberg.com
Immigration Curb Slashes Canada Population Growth Rate to Zero
Tighter immigration rules have cut off the fuel from the Canadian population growth engine.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 18/06/2025
Bank of Canada officials said it would be tough to cut the policy interest rate further if core inflation remains firm, but acknowledged more easing may be needed if the economy continues to weaken.
bloomberg.com
Harder to Cut With Core Inflation Firm, Bank of Canada Says
Bank of Canada officials said it would be tough to cut the policy interest rate further if core inflation remains firm, but acknowledged more easing may be needed if the economy continues to weaken.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 13/06/2025
By 2030, Bloomberg Economics forecasts, if Trump’s current tariff regime endures, the global economy will be $1 trillion smaller than it would have been had the US remained in the Trans-Pacific Partnership.
bloomberg.com
Trump Ripping Up the Free Trade Playbook Comes With $1 Trillion Cost
The ominous trajectory of the US president’s tariff overhaul looms over the G-7 gathering.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 13/06/2025
Cross-border road trips to the US from Canada fell for a fifth straight month in May. *Canadian-resident return trips by automobile from the US -38.1% y/y *Canadians’ return trips by air from US -24.2%, versus +9.8% from other countries *US car trips to Canada -8.4%
bloomberg.com
More Canadians Are Ditching US Road Trips With 38% Annual Drop
Cross-border road trips to the US from Canada fell for a fifth straight month, a gloomy outlook for many American vacation spots once frequented by their northern neighbors during the peak summer trav...
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Randy Thanthong-Knight @rtkwrites.bsky.social · 13/06/2025
Canada’s trade-driven sectors are showing clearer signs of a pullback in activity brought on by US President Donald Trump’s tariffs. *Manufacturing sales fell 2.8% in April, the largest monthly drop since October 2023 and the lowest level since early 2022 *Wholesale sales dropped 2.3%
bloomberg.com
Tariff-Hit Factory and Wholesale Sales in Canada Fell in April
Canada’s trade-driven sectors are showing clearer signs of a pullback in activity brought on by US President Donald Trump’s tariffs.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 06/06/2025
The Canadian economy eked out minor job gains, and the unemployment rate rose for a third straight month to the highest level since September 2016 outside of the pandemic. *Employment grew by 8,800 positions in May *Jobless rate rose 0.1 ppt to 7% *Number of unemployed people +13.8% y/y
bloomberg.com
Canada Adds Just 8,800 Jobs, Unemployment Rises to 7%
The Canadian economy eked out minor job gains, and the unemployment rate rose for a third straight month to the highest level since September 2016 outside of the pandemic.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 05/06/2025
Businesses believing that the worst-case tariff scenarios were less likely to become reality helped convince Bank of Canada policymakers to stay on the sidelines this month.
bloomberg.com
Firms’ Less ‘Catastrophic’ Outlook Kept Canada Rates on Hold
Businesses believing that the worst-case tariff scenarios were less likely to become reality helped convince Bank of Canada policymakers to stay on the sidelines this month.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 05/06/2025
Canadian exports plunged by the most in nearly 17 years outside of the pandemic, widening the country’s merchandise trade deficit to the largest on record. *Canada's trade deficit reached C$7.1 billion in April *Total exports fell 10.8%; imports were down 3.5% *Exports to the US plunged 15.7%
bloomberg.com
Canada Trade Deficit Hits Record as Trump Tariffs Crush Exports
Canadian exports plunged by the most in nearly 17 years outside of the pandemic, widening the country’s merchandise trade deficit to the largest on record.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 30/05/2025
Economists are abandoning their calls for monetary-policy easing in Canada next week as traders price in only a small chance of an interest-rate cut and the nation’s output beat all estimates. BMO and RBC now expect no changes in rates next week, contrary to the cut they saw before.
bloomberg.com
Economists Join Traders as Bets on Canada Interest-Rate Cut Fall
Economists are abandoning their calls for monetary-policy easing in Canada next week as traders price in only a small chance of an interest-rate cut and the nation’s output beat all estimates.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 30/05/2025
A strong jump in tariff-driven exports fueled Canada’s growth at the start of this year, offsetting domestic weakness in other parts of the economy. *1Q GDP +2.2% annualized, up from 2.1% in 4Q *Monthly GDP +0.1% in March and likely +0.1% in April *Traders pared expectations for a June 4 rate cut
bloomberg.com
Canada Economy Grows 2.2% in First Quarter, Beats All Forecasts
A strong jump in tariff-driven exports fueled Canada’s growth at the start of this year, offsetting domestic weakness in other parts of the economy.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 28/05/2025
The economic gains of Prime Minister Mark Carney’s defense spending boost will likely be worth more than double the planned investment costs, according to Canadian Imperial Bank of Commerce economists.
bloomberg.com
Carney’s Defense Spending Will Add Up to $46 Billion to Economy, CIBC Says
The economic gains of Prime Minister Mark Carney’s defense spending boost will likely be worth more than double the planned investment costs, according to Canadian Imperial Bank of Commerce economists...
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Randy Thanthong-Knight @rtkwrites.bsky.social · 27/05/2025
Great view of King Charles and Queen Camilla from our Bloomberg Ottawa office during their visit to Canada
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Randy Thanthong-Knight @rtkwrites.bsky.social · 12/05/2025
Canadians have returned from 1.35 million fewer road trips to the US over the past two months than they did a year ago, eschewing crossing the border that US President Donald Trump called “artificial” and wanted removed.
bloomberg.com
Canadians’ Return Travel From US Plunges as Trump Tariffs Hit
Canadians have returned from 1.35 million fewer road trips to the US over the past two months than they did a year ago, eschewing crossing the border that US President Donald Trump called “artificial”...
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Randy Thanthong-Knight @rtkwrites.bsky.social · 12/05/2025
Canadians are growing more optimistic about the economy, as the conclusion of a national election relieves some anxiety around the country’s direction and US President Donald Trump’s threats, according to the Bloomberg Nanos Canadian Confidence Index.
bloomberg.com
Consumer Confidence Rises in Canada After Carney’s Election Win
Canadians are growing more optimistic about the economy, as the conclusion of a national election relieves some anxiety around the country’s direction and US President Donald Trump’s threats.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 12/05/2025
Canada’s tepid pace of job creation last month sent the unemployment rate soaring back to a level last seen in November, the highest since January 2017 outside of the pandemic. *Employment grew by just 7,400 positions in April *Jobless rate +0.2 percentage points to 6.9%
bloomberg.com
Canada Joblessness Hits 6.9% as Tariffs Strike Manufacturing
Canada’s tepid pace of job creation last month sent the unemployment rate soaring back to a level last seen in November, the highest since January 2017 outside of the pandemic.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 12/05/2025
Canadian exports to the US plunged 6.6%, the biggest drop since the pandemic. Imports fell 2.9%. Exports to countries other than the US jumped 24.8%, however, almost entirely offsetting the decline in outbound shipments to the US. Imports from countries other than the US were also up 1%.
bloomberg.com
Canada’s Goods Exports to US Fall Most in Five Years After Tariffs
Canadian exports to the US tumbled while shipments to other countries soared, underscoring the way tariffs are altering trade flows just as President Donald Trump and Prime Minister Mark Carney prepar...
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Randy Thanthong-Knight @rtkwrites.bsky.social · 12/05/2025
The Bank of Canada warned that a severe and long-lasting global trade war may cause more mortgage borrowers to fall behind on their payments — even beyond levels reached in the global financial crisis.
bloomberg.com
How Trade War Can Elevate Mortgage Stress in Canada, in Charts
The Bank of Canada warned that a severe and long-lasting global trade war may cause more mortgage borrowers to fall behind on their payments — even beyond levels reached in the global financial crisis...
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Randy Thanthong-Knight @rtkwrites.bsky.social · 30/04/2025
US President Donald Trump said newly elected Canadian Prime Minister Mark Carney plans to visit the White House within the next week. “I think we’re going to have a great relationship. He called me up yesterday. He said ‘Let’s make a deal,’” Trump told reporters.
bloomberg.com
Loonie Gains on Trump Saying Carney Wants to Make a Deal
US President Donald Trump said newly elected Canadian Prime Minister Mark Carney plans to visit the White House within the next week.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 30/04/2025
Bank of Canada officials considered cutting rates in April but US President Donald Trump's ever-changing tariff plans over the course of their deliberations held them back.
bloomberg.com
Trump’s ‘Erratic’ Tariff Policy Prompted Bank of Canada Pause
Bank of Canada officials considered cutting interest rates at their April meeting before opting to wait for more information as they weighed the volatile changes in US President Donald Trump’s trade p...
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Randy Thanthong-Knight @rtkwrites.bsky.social · 30/04/2025
The Canadian economy appears to be taking a bigger hit from tariff uncertainty than expected. *1Q industry-based GDP grew at an annualized pace of +1.5% *Slightly weaker than Bank of Canada's +1.8% estimate *Feb GDP -0.2% m/m., and March likely +0.1%
bloomberg.com
Slow Canada Economy on Track to Miss First-Quarter Forecast
The Canadian economy appears to be taking a bigger hit from tariff uncertainty than expected, contracting in February and eking out slight growth in March.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 30/04/2025
Mark Carney has made something of a career specialty out of dealing with crises. His next challenge: dealing with the dark economic clouds that are rolling in from the south.
bloomberg.com
Crisis-Crusader Carney Now Takes on Salvaging Canada’s Growth
I’m Randy Thanthong-Knight, a reporter on Canada’s economy and government in Ottawa. Today we’re looking at the economic-policy implications of the national election. Send us feedback and tips to ecod...
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Randy Thanthong-Knight @rtkwrites.bsky.social · 30/04/2025
Canadian Conservatives are backing Pierre Poilievre despite losing the election to Mark Carney’s Liberals, saying the party made significant gains in the province of Ontario and among young voters.
bloomberg.com
Conservatives Praise Poilievre’s Gains Despite Election Loss
Canadian Conservatives are backing Pierre Poilievre despite losing the election to Mark Carney’s Liberals, saying the party made significant gains in the province of Ontario and among young voters.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 29/04/2025
Canada’s Liberal Party won a fourth straight election, as voters chose former central banker Mark Carney to manage the country’s response to President Donald Trump’s trade war. The margin of victory was narrow: *Liberals won ~168 seat seats *Conservatives won 144 (172 seats needed for a majority)
bloomberg.com
Carney Wins Canada Election for Mandate to Deal With Trump
Canada’s Liberal Party won a fourth straight election, as voters chose former central banker Mark Carney to manage the country’s response to US President Donald Trump’s trade war.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 25/04/2025
Donald Trump’s Nov. 5 victory capped a bad year for incumbents as authoritarian populists gained ground in elections across the globe. The tide seems to be turning. Center-left governments in Canada and Australia, once appeared destined to lose office, are seeing their electoral fortunes revived.
bloomberg.com
Global Trump Backlash to Be Tested as Canada and Australia Vote
Donald Trump’s Nov. 5 victory capped a bad year for incumbents as authoritarian populists gained ground across the globe in an unprecedented year of elections. Less than six months later, the tide see...
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Randy Thanthong-Knight @rtkwrites.bsky.social · 25/04/2025
Canadian consumers may have tried to beat the price hikes of a trade war last month with the biggest spending growth since the holiday season. (Possibly driven by car sales.) *Advance data suggest sales +0.7% m/m in March *That's up from -0.4% in Feb. and -0.6% in Jan. *1Q sales likely +1.1% q/q
bloomberg.com
Retail Sales in Canada Sprang Back in March With 0.7% Gain
Canadian consumers may have tried to beat the price hikes of a trade war last month with the biggest spending growth since the holiday season.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 24/04/2025
More Conservative millionaires are thinking about leaving Canada than their Liberal counterparts with the right-leaning party at risk of losing a fourth straight election. A survey by investment migration consultancy Arton Capital showed 34% said they're more likely to leave Canada now.
bloomberg.com
A Third of Conservative Millionaires Say They’re More Likely to Leave Canada Now
More Conservative millionaires are thinking about leaving Canada than their Liberal counterparts with the right-leaning party at risk of losing a fourth straight election.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 17/04/2025
Canadians poured a record amount into US equities in February, even as a movement to boycott US products and vacations gained momentum. *Investors bought C$29.8 billion in US shares *They sold C$2 billion of non-US shares (S&P 500 reached record close on Feb. 19; now down more than 14% since then)
bloomberg.com
Canadian Investment in US Stocks Hit Record in February Despite Trade Tension
Canadians poured a record amount into US equities in February, even as a movement to boycott US products and vacations gained momentum.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 17/04/2025
More than nine years after the Liberals swept to power, many younger voters are frustrated. Millennials and Gen Z have been consumed by a cost-of-living crisis that’s made the prospect of home ownership and a timely retirement appear increasingly out of reach.
bloomberg.com
Canada’s Gen Z Voters Turn to Conservative Poilievre in Race Against Carney
Giancarlo Zorrilla attended a campaign rally for the first time in his life in March. It was a rainy night near Vancouver — typical weather for Canada’s west coast — but that wasn’t stopping the 29-ye...
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Randy Thanthong-Knight @rtkwrites.bsky.social · 16/04/2025
The uncertainty around President Donald Trump’s trade policy prompted the central bank to publish two sets of forecasts to capture different outcomes of a global tariff war: a temporary stall in Canadian activity or an outright downturn that lasts a year.
bloomberg.com
Bank of Canada Sees Year-Long Recession in All-Out Trade War
It’s a tale of two economies for the Bank of Canada as it tries to predict outcomes of a global tariff war: a temporary stall in Canadian activity or an outright downturn that lasts a year.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 15/04/2025
Canadian consumer prices unexpectedly cooled, but markets and economists still leaned toward the Bank of Canada holding rates steady Wednesday amid tariff uncertainty. *CPI rose 2.3% y/y in March vs 2.7% expectations *The index up 0.3% m/m vs 0.7% *Core average 2.85% vs 2.95%
bloomberg.com
Canada Inflation Eases to 2.3%, Slower Than Economists Expected
Canadian consumer prices unexpectedly cooled, but markets and economists still leaned toward the Bank of Canada holding rates steady Wednesday amid tariff uncertainty.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 15/04/2025
Canada’s new immigration curbs have slowed population increases, but government projections are likely “off the mark,” said CIBC's Deputy Chief Economist Benjamin Tal. Official projections: 0.3% in 2025 and -0.2% in 2026 Tal's forecasts: 1.1% this year and 1% next year
bloomberg.com
Canada Population Growth Likely to Be Higher Than Forecast, CIBC Says
Canada’s new immigration curbs have slowed increases in population, but government projections of near-zero growth over the next two years are likely “off the mark,” said an economist with Canadian Im...
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Randy Thanthong-Knight @rtkwrites.bsky.social · 11/04/2025
General Motors Co. will temporarily halt production at a factory in Ingersoll, Ontario that makes commercial vans, the second Canadian assembly plant to shut this month (after Stellantis NV which shut down a plant that makes Chrysler and Dodge vehicles in Windsor, Ontario).
bloomberg.com
GM to Idle Plant in Second Blow to Canada Auto Sector Since Tariffs Started
General Motors Co. will temporarily halt production at a factory in Ontario that makes commercial vans, the second Canadian assembly plant to shut this month.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 11/04/2025
Canada is hitting back against Trump's auto tariffs with import taxes of as much as 25% on vehicles assembled in the US — and the biggest American automakers will bear the brunt. Ford, GM and Stellantis have the biggest share of Canadian sales that rely on US imports, according to Jato Dynamics.
bloomberg.com
Ford, GM Hit Hardest by Canada’s 25% Retaliatory Auto Tariffs
Canada is hitting back against President Donald Trump’s auto tariffs with import taxes of as much as 25% on vehicles assembled in the US — and the biggest American automakers will bear the brunt.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 11/04/2025
150 tech CEOs and leaders are calling for a “real debate” about Canada's economic future when party leaders discuss views on stage next week. "For too long, Canadian government leaders have prioritized short-term economic interests and photo ops over investment into Canada’s economic well-being."
bloomberg.com
Canada Tech CEOs Urge ‘Real Debate’ on Economy Ahead of Vote
Canadian technology leaders are calling for a “real debate” about the country’s economic future when party leaders discuss their views on stage next week.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 11/04/2025
Canadian travelers are keeping their distance from the US, a country that was once their top destination, as tensions between the two nations grow.
bloomberg.com
Canadian Car Trips to US Plunge 32% as Trump Threats Strain Ties
Canadian travelers are keeping their distance from the US, a country that was once their top destination, as tensions between the two nations grow.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 11/04/2025
Canada is seeing an uptick of asylum seekers at its border following US President Donald Trump’s decision to end protected status for more than 500,000 Haitians in the US.
bloomberg.com
Haitians Fearing US Deportation Head to Canadian Border Via New York
Canada is seeing an uptick of asylum seekers at its border following US President Donald Trump’s decision to end protected status for more than 500,000 Haitians in the US.
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Randy Thanthong-Knight @rtkwrites.bsky.social · 11/04/2025
Bank of Canada surveys show firms believe upward price pressures from the trade conflict with the US will exceed the downward pull from weaker demand, threatening to undo progress on keeping inflation expectations well-anchored.
bloomberg.com
Trade War Ignites Inflation Expectations, Bank of Canada Says
Bank of Canada surveys show firms believe upward price pressures from the trade conflict with the US will exceed the downward pull from weaker demand, threatening to undo progress on keeping inflation...
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