iShares MSCI Canada Index Fund (ARCA: EWC)

Dernières nouvelles pour iShares MSCI Canada Index Fund (ARCA:EWC)

iShares MSCI Canada Index Fund

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The fund will at all times invest at least 90% of its assets in the securities of its underlying index and in depositary receipts representing securities in its underlying index. The underlying index is designed to measure broad-based equity performance in Canada. The underlying index uses a capping methodology to limit the weight of any single issuer to a maximum of 25% of the underlying index. The underlying index will include large- and mid-capitalization companies and may change over time.

Royal Bank Of Canada

iShares MSCI Canada ETF

ENERGY WORLD CORP LTD by Energy World Corp. Ltd.

Energy World Corp Ltd

European Wax Center, Inc. - Class A Common Stock

European Wax Center Inc

<a href="https://www.wsj.com/economy/central-banking/latest-tariff-threats-could-delay-rate-cuts-chicago-feds-goolsbee-says-ff7e83a8">https://www.wsj.com/economy/central-banking/latest-tariff-threats-could-delay-rate-cuts-chicago-feds-goolsbee-says-ff7e83a8</a>

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'Chicago Fed President Austan Goolsbee Says Despite Political Pressure, Is Confident The Fed Will Maintain Independence When Making Decisions About Interest Rates; Tariffs On Canadian, Brazilian Goods Could Spark Inflation Concerns, Potentially Forcing Fed To Maintain Its Wait-And-See Approach' - WSJ

<a href="https://truthsocial.com/@realDonaldTrump/posts/114831716625825473" title="https://truthsocial.com/@realDonaldTrump/posts/114831716625825473">https://truthsocial.com/@realDonaldTrump/posts/114831716625825473</a>

President Trump Says U.S. Will Impose 35% Tariff On Canada

<a href="https://www.youtube.com/watch?v=s8OP8kJihVY">https://www.youtube.com/watch?v=s8OP8kJihVY</a>
&nbsp;

White House Press Secretary Karoline Leavitt Says Canada's Carney Caved Trump On Digital Services Tax; Carney Called Trump Sunday Night To Inform Him

Reuters Cites Fox Interview With Director Of The National Economic Council Of The U.S. Saying White House Will Restart Negotiations With Canada Immediately

Canada rescinded its Digital Services Tax (DST) on Monday to support complex trade negotiations with the United States, reversing a policy that had triggered market volatility and threatened bilateral relations.
What Happened: Finance Minister François-Philippe Champagne announced the decision following Prime Minister Mark Carney&#8216;s agreement with President Donald Trump to resume negotiations toward a comprehensive deal by July 21. 
The move halts the scheduled June 30 collection and will require new legislation to formally repeal the Digital Services Tax Act.
The DST, announced in 2020, targeted large technology companies generating revenue from Canadian users who might otherwise avoid taxation. 
Trump had halted trade talks on Friday after Canada announced the digital tax, calling it &#8220;a direct and blatant attack&#8221; <a href="https://www.benzinga.com/news/politics/25/06/46150909/trump-canada-tariffs-dollar-deal">on American technology companies</a>. His Truth Social post triggered sharp market reversals, with the S&amp;P 500 tumbling 52 points from record highs. Major tech stocks including Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), Enphase Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) and Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) declined 7.1%, 6.9%, and 4.5% respectively.
See Also: <a href="https://www.benzinga.com/markets/equities/25/06/46161262/chinas-ant-group-boosts-rd-spending-to-record-3-26-billion-in-2024-amid-ai-push">China&#8217;s Ant Group Boosts R&amp;D Spending To Record $3.26 Billion In 2024 Amid AI Push</a>
Why It Matters: Currency markets reflected the tension as the <a href="https://www.benzinga.com/news/politics/25/06/46150909/trump-canada-tariffs-dollar-deal">Canadian dollar weakened</a> from 1.3670 to 1.3750 against the U.S. dollar. The iShares MSCI Canada Index Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWC#NYSE">EWC</a>) fell nearly 1% to $45.39.
&#8220;Canada&#8217;s new government will always be guided by the overall contribution of any possible agreement to the best interests of Canadian workers and businesses,&#8221; Carney stated. The Prime Minister emphasized that rescinding the digital tax supports negotiations toward their agreed timeline.
Trump <a href="https://www.benzinga.com/news/politics/25/06/45992119/trump-cuts-g7-visit-short-calls-canada-deal-achievable">had previously declared the deal</a> &#8220;achievable&#8221; during G7 meetings, despite philosophical differences on tariff approaches. 
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/06/46161059/apple-has-the-potential-to-crush-metas-ray-ban-smart-glasses-says-ming-chi-kuo-but-the-tech-giant-has-been-surprisingly-slow" target="_blank" rel="noreferrer noopener">Apple Has the Potential To Crush Meta's Ray-Ban Smart Glasses, Says Ming-Chi Kuo, But The Tech Giant Has Been ‘Surprisingly Slow'</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Maxim Elramsisy / Shutterstock.com

Tech

COIN

ENPH

PLTR

Canada Rescinds Digital Services Tax After Trump Calls It A 'Blatant Attack' On America

<a href="https://www.youtube.com/watch?v=nWcpp2YU6xk">https://www.youtube.com/watch?v=nWcpp2YU6xk</a>

Macro Notification

President Trump Says Canada Difficult To Deal With; On Canada Says We Have All Cards; We Have Such Power Over Canada

Live On CNBC, U.S. Secretary of the Treasury Scott Bessent Says As Of Monday, Canada Will Introduce A Retroactive Tax; My Inclination Is That USTR Will Start A 301 Investigation Into Digital Services Taxes; Think About $2B Retroactive Digital Service Taxes From Canada

Wall Street flipped sharply Friday afternoon after President Donald Trump stunned markets by halting all trade negotiations with Canada, a reversal that chilled earlier optimism and sent investors <a href="https://www.benzinga.com/markets/economic-data/25/06/46146713/trump-dollar-outlook-tariffs-debt">fleeing from risk assets.</a>
In a post on Truth Social, Trump said Canada "has just announced that they are putting a Digital Services Tax on our American Technology Companies," calling it "a direct and blatant attack on our Country." 
The president declared an immediate end to trade discussions, adding, "We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven-day period."
<h2 class="wp-block-heading">Markets Reverse Course On Shock Announcement</h2>
The shift in tone came as a shock to Wall Street, which had rallied earlier in the day on hopes that multiple trade deals were advancing.
The S&amp;P 500, which hit a record intraday high of 6,187, dropped sharply to 6,135 between 12:30 p.m. and 2:40 p.m. ET, wiping out gains.
Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), Enphase Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) and Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) were the S&amp;P 500&#8217;s worst performers, down 7.1%, 6.9% and 4.5% respectively.
The Dow Jones Industrial Average fell from 43,977 to 43,589, a 0.8% intraday swing, while the Nasdaq 100 declined from 22,600 to 22,400 as tech shares gave back momentum.
Earlier on Friday, markets had rallied after Trump said four to five trade agreements were in progress, and after U.S. Commerce Secretary Howard Lutwick confirmed a finalized deal with China involving reduced tariffs and safeguards for rare earths.
Currency markets reacted swiftly to the new tension. The euro-dollar exchange rate reversed sharply, falling below the 1.17 mark and turning negative for the day. The U.S. Dollar Index climbed to 97.50, on track to close higher after hitting the lowest levels since early 2022.
The Canadian dollar sharply weakened, with the USD/CAD exchange rate surging from 1.3670 to 1.3750 amid concerns that the trade fallout could hurt economic growth.
Meanwhile, the iShares MSCI Canada Index Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWC#NYSE">EWC</a>) slipped nearly 1%, falling from $45.78 to $45.39. 
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/commodities/25/06/46120819/platinum-miners-forecasts-stocks">Platinum&#8217;s Biggest Rally In 40 Years: These 6 Mining Stocks Could Be Top Gainers</a></li>
</ul>
Photo: Shutterstock

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Broad U.S. Equity ETFs

ETFs

Trump Flips On Canada Trade Deal, Sending Shivers Through Wall Street

Rumors

Traders Circulating X Posts Saying 'Business Council Of Canada Says Canada's Carney Should Drop Digital Tax'

Dow Jones Cites Canada's PM Mark Carney Saying "These Are 'Complex' Talks With US on Tariff Row", "Will Proceed in Best Interests of Country"

WIIM

iShares MSCI Canada Index Fund is trading lower after President Trump said the US is terminating all discussions on trade with Canada.

<a href="https://truthsocial.com/@realDonaldTrump/posts/114756567645919781" title="https://truthsocial.com/@realDonaldTrump/posts/114756567645919781">https://truthsocial.com/@realDonaldTrump/posts/114756567645919781</a>

President Trump Posts On Truth Social ".. Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately. We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period. Thank you for your attention to this matter!"

President Trump Posts On Truth Social "We have just been informed that Canada, a very difficult Country to TRADE with, including the fact that they have charged our Farmers as much as 400% Tariffs, for years, on Dairy Products, has just announced that they are putting a Digital Services Tax on our American Technology Companies, which is a direct and blatant attack on our Country. .."

<a href="https://www.bloomberg.com/news/articles/2025-06-23/eu-and-canada-sign-security-pact-as-carney-pivots-from-us?embedded-checkout=true">https://www.bloomberg.com/news/articles/2025-06-23/eu-and-canada-sign-security-pact-as-carney-pivots-from-us?embedded-checkout=true</a>

'EU and Canada Sign Security Pact as Carney Pivots From US'- Bloomberg

President Donald Trump met with Canadian Prime Minister Mark Carney on the sidelines of the G7 summit in Kananaskis, Alberta, on Monday. The media anticipated the conversation to clarify the tense U.S.-Canada relations, which have been strained over tariff escalations and a repeated proposal to <a target="_blank" href="https://www.benzinga.com/25/02/43582659/trump-says-canada-much-better-off-being-the-51st-state-the-border-with-us-is-just-a-line" rel="noreferrer noopener">annex the country as the 51st state</a>.
However, Carney's election in April promised to rebuild a more equal partnership between Ottawa and Washington, shifting the narrative to one of a more pragmatic nature.
"I'm a tariff person," Trump said in a <a target="_blank" href="https://www.youtube.com/watch?v=azGiHYbeiTU" rel="noreferrer noopener">video</a> posted by the Associated Press, explaining his stance on trade.&nbsp;"It's simple, it's easy, it's precise," he added, noting that Carney had "a different concept" but that they would explore both approaches.
Despite their differing philosophies, Trump confirmed a deal was "achievable" within weeks, hinting at openness to negotiation.
Josh Lipsky of the Atlantic Council's GeoEconomics Center reflected on the cautiously optimistic meeting.
"Is it tense? Yes. Is it awkward? Yes. The vibe would be best described as, ‘Let's just get through this.' Everyone is there, and everyone doesn't want a major dust-up," he said <a target="_blank" href="https://www.nytimes.com/2025/06/16/world/canada/canada-g7-trump-carney.html" rel="noreferrer noopener">per</a> the NY Times.
Journalists pressed Trump on key issues, including what was preventing a trade deal. Trump noted active talks between the two parties before turning to criticize former President Barack Obama and former Canadian Prime Minister Justin Trudeau for their role in removing Russia from (what was once) the G8.
"That was a big mistake," Trump said. "You wouldn't have a war right now if Russia had been at the table. If I were president four years ago, you wouldn't have this war."
He also responded to a question about China's inclusion in the G7, calling it "not a bad idea," but clarified that one needs partners with whom they can discuss matters.
The biggest elephant in the room was probably the ongoing conflict between Israel and Iran. When asked about potential U.S. military involvement, he refused to comment.
However, he noted that there was further action to be taken. "They (Iran) want to make a deal …And as soon as I leave here, we're going to be doing something. But I have to leave here," suggesting imminent developments.
Trump and Carney agreed to pursue further negotiations and a potential deal over the next 30 days before Trump cut the visit short and returned to Washington.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/06/45972264/senate-advances-stablecoin-bill-a-defining-moment-for-crypto-market-regulation" target="_blank" rel="noreferrer noopener">Senate Advances Stablecoin Bill: A Defining Moment For Crypto Market Regulation</a></li>
</ul>
Photo courtesy: Shutterstock

Media

BBCA

FLCA

ITOT

Trump Cuts G7 Visit Short, Calls Canada Deal 'Achievable'

<a href="https://www.bloomberg.com/news/articles/2025-06-17/harder-to-cut-with-core-inflation-elevated-bank-of-canada-says">https://www.bloomberg.com/news/articles/2025-06-17/harder-to-cut-with-core-inflation-elevated-bank-of-canada-says</a>

'Harder to Cut With Core Inflation Firm, Bank of Canada Says'- Bloomberg

Reuters Citing Canadian Ambassador To Washington Saying "We Are Not There Yet", Trump Convinced That Tariffs Are Part Of The Answer; We Feel A Sense Of Acceleration Over The Past Two Weeks

Reuters Citing Canadian Minister In Charge Of U.S. Trade Saying He Is Not Naive About How Much Work Remains To Be Done To Get A Deal With The U.S.

Reuters Citing Canadian Minister In Charge Of U.S. Trade Saying We Are Not There Yet As Regards An Economic Deal With The United States

Reuters Citing Canadian Minister In Charge Of U.S. Trade Saying He Is Confident Canada Is Making Progress On A Deal With The United States

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