U.S. inflation data for February will be the highlight among economic data in the week ahead as investors continue to follow the back-and-forth of announcements on tariffs.

Canada's main stock index fell on Thursday to a near six-week low as escalating global trade tensions fueled risk-aversion and despite stronger-than-expected earnings from three of Canada's big-five banks.

The governor of the Bank of Canada was under scrutiny. For weeks, press reports had tied Mark Carney to a potential run for the country’s Liberal Party, which was looking for a new leader.

Canada's Liberal Party leadership candidates, former House leader Karina Gould shakes hands with former Bank of Canada governor Mark Carney, near former Liberal MP Frank Baylis, and former Deputy Prime Minister and Finance Minister Chrystia Freeland,

The Canadian dollar steadied against its U.S. counterpart on Monday, extending its recent sideways trading pattern, as investors awaited greater clarity on prospects of U.S. trade tariffs and additional easing from the Bank of Canada.

Former prime minister Stephen Harper says Liberal leadership hopeful Mark Carney is taking too much credit for helping guide Canada's response to the 2008 global financial crisis. Carney's history leading the Bank of Canada from 2008 to 2013,

Royal Bank of Canada , Canada's largest lender, laid off some employees as a result of changes at its business segments following the C$13.5 billion acquisition of HSBC's domestic business last year,

With Canada’s economy hanging in the balance of tariff wars with the United States, economists believe the Bank of Canada will lower its interest rate.

Royal Bank of Canada boosted CEO Dave McKay's 2024 salary by 61% to C$24.5 million ($17.14 million), including a C$4 million bonus related to the HSBC Canada acquisition, according to a regulatory filing on Thursday.

Frontrunners include Chrystia Freeland and Mark Carney, who are making the case they can guide Canada through domestic and international issues. At the top of the list: mounting trade tensions with the United States.

Both the weather and incoming tariffs are to blame for the lower-than-expected number of jobs created, according to James Orlando, director and senior economist at Toronto-Dominion Bank, and that likely means another rate cut from the Bank of Canada next week.