Black Friday remains a pivotal shopping event in the U.S. despite early holiday promotions. Consumers showed a preference for strategic spending, leading to record-breaking online sales and a shift in how Americans approach holiday shopping.

More Canadian women are becoming primary earners in their families. However, the "motherhood penalty" continues to affect income levels, especially when children are involved. Recent reports shed light on this growing trend and the challenges it brings.

Donald Trump's proposed tariffs on Canadian imports could significantly impact the economies of both countries. A 25% tariff on Canadian goods may disrupt trade and increase production costs. Canada and the United States are deeply integrated trade partners, and such measures could have widespread economic repercussions.

Canada’s inflation rate saw a slight increase in October, primarily driven by rising energy prices and baseline effects from the previous year. Despite this uptick, economists emphasize that the long-term trend of easing inflation pressures remains intact. The Consumer Price Index (CPI) is expected to rise to 1.9 per cent from September’s 1.6 per cent, the lowest level recorded since February 2021.

Contents:

• Energy price increase and its effect on inflation
• Core inflation trends and contributing factors
• Shelter costs and the role of interest rates
• Economic divergence between Canada and the US

Donald Trump's proposed economic policies, including increased tariffs and new trade measures, are sparking debates about their potential effects. These policies could influence inflation rates, interest rate cuts, and trade dynamics between the U.S. and Canada. Experts are analyzing how these changes might reshape both economies in the coming years.

Table of contents:

• Tariffs and their influence on inflation
• Changes in U.S. interest rate strategy
• Canadian economy and import challenges
• Trade implications for U.S. and Canada