Canada’s inflation surprised to the upside at 2.4%, sparking mid-week volatility before the TSX bounced back. But new U.S. tariffs and rising trade tensions add fresh risks. Here’s what it means for the economy and investors heading into late October.

The TSX gained this week, but cracks are showing as financial stocks fell nearly 2% and the loonie hit another low. With the Bank of Canada signalling caution ahead of its October rate decision, here’s what investors should watch next.

Canada’s economy shrank 1.6% in Q2 2025, with U.S. tariffs dragging exports down 7.5%… the sharpest drop in five years. Strong consumer spending kept the slowdown from being worse. Here’s what it means for rates, jobs, and investors.