Money123: Canadian-made cars and yoga pants … in this economy?

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Cars made in Canada

There aren’t any major car companies based in Canada, but a new survey suggests most Canadians want their cars built right here as much as possible.

As many as six in 10 Canadians (61 per cent) said they are looking to buy a new car in the next five years, with more than three-quarters (76 per cent) worried that trade tensions and U.S. President Donald Trump's tariffs will make vehicles unaffordable, a new KPMG survey released Dec. 29, 2025, showed.

Canadians want their cars built right here, the survey showed, with 72 per cent saying it is important that their vehicle be assembled or built in Canada. Nearly half (49 per cent) said it is "somewhat important," while 23 per cent said it is "very important."

With no uniquely Canadian companies, there are still many options which support Canadian workers and the economy.

Read more about which car companies may be benefiting from the “Buy Canadian” push.

Is Lululemon stuck in downward-facing dog pose?

The 2026 Winter Olympics are coming in February, and a familiar brand is once again going to be worn by Canada’s athletes at various events, including the opening and closing ceremonies — but executives at the company may have other things on their mind right now.

Lululemon stands at a "crossroads" as the apparel brand with Canadian roots faces a combination of continued competition, a CEO set to step down, and a U.S. investor firm reportedly about to become one of its largest shareholders, experts say.

A new investor firm shareholder could play a key role in the direction Lululemon takes in 2026, as the stock has seen more losing days on Wall Street in 2025 than winning ones.

"You have potentially two separate forces now,” says a retail analyst who thinks Lululemon may have a big decision to make in 2026 about what direction it wants to take.

Read more about where Lululemon started, how things have been going, and what could come next.

Affordability topped the list of issues for 2025

How many times in 2025 did you hear someone say, “everything is expensive these days?”

According to a new poll conducted by Ipsos on behalf of Global News, the number one issue Canadians were focused on in 2025 was affordability and the cost of living, which was chosen by 41 per cent of those participating. Health care was second most important at 38 per cent.

This comes as the trade war, and U.S. President Donald Trump’s tariff policies were one of the main drivers of most economic developments last year worldwide, including in Canada.

Prices for consumer goods overall did increase in 2025, according to the consumer price index, but roughly in line with what the Bank of Canada considers its target range of roughly two per cent per year.

Still, Governor Tiff Macklem noted to reporters after the last interest rate announcement that even though inflation has come down, “prices have not.”

Although overall inflation is hovering within the central bank’s target range, food prices increased more than double the headline rate in November.

Read more about the other issues Canadians were most concerned about in 2025.

Contact ariel.rabinovitch@globalnews.ca

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