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Mark Rendell

StaffReporterEconomics ReporterToronto, Canada

mrendell@globeandmail.com

Mark Rendell is a reporter for The Globe and Mail.

Mark Rendell abides by The Globe and Mail Editorial Code of Conduct

Latest articles

10 hours ago

Employees sand pieces of custom cabinetry at the Cabico&co and Elmwood Cabinetry factory in St. Catharines, Ont.

Employees sand pieces of custom cabinetry at the Cabico&co and Elmwood Cabinetry factory in St. Catharines, Ont.

Ottawa orders inquiry into manufactured wood product imports in latest protectionist move

4 min read

April 17, 2026

FILE PHOTO: Bank of Canada Governor Tiff Macklem takes part in a press conference in Ottawa, Ontario, Canada September 17, 2025. REUTERS/Blair Gable/File Photo/File Photo

FILE PHOTO: Bank of Canada Governor Tiff Macklem takes part in a press conference in Ottawa, Ontario, Canada September 17, 2025. REUTERS/Blair Gable/File Photo/File Photo

Canada must move quickly to address AI-related cybersecurity risks, Macklem warns

4 min read

April 16, 2026

A worker welds a steel part for a snowplow at the Arctic Snowplows facility in London, Ont., last November.

A worker welds a steel part for a snowplow at the Arctic Snowplows facility in London, Ont., last November.

Canadian manufacturers hit hard by changes to U.S. metal tariffs

5 min read

April 14, 2026

Signage for the upcoming International Monetary Fund (IMF) 2026 Spring Meetings are seen outside of the IMF headquarters in Washington, DC on April 9, 2026. The International Monetary Fund will lower global growth forecasts due to the Middle East war, its chief said April 9, warning of the conflict's "scarring effects" despite a fragile ceasefire. "Even in a best case, there will be no neat and clean return to the status quo ante," IMF managing director Kristalina Georgieva said. (Photo by Kent Nishimura / AFP via Getty Images)

Signage for the upcoming International Monetary Fund (IMF) 2026 Spring Meetings are seen outside of the IMF headquarters in Washington, DC on April 9, 2026. The International Monetary Fund will lower global growth forecasts due to the Middle East war, its chief said April 9, warning of the conflict's "scarring effects" despite a fragile ceasefire. "Even in a best case, there will be no neat and clean return to the status quo ante," IMF managing director Kristalina Georgieva said. (Photo by Kent Nishimura / AFP via Getty Images)

IMF downgrades global economic outlook as Mideast war drives oil shock

4 min read

April 14, 2026

The future of free trade in North America

April 10, 2026

(FILES) Anthropic CEO Dario Amodei looks on as he takes part in a session on AI during the World Economic Forum (WEF) annual meeting in Davos on January 23, 2025. AI company Anthropic said on February 27, 2026, it would not give the US Defense Department unrestricted use of its technology despite being pressured to comply by the Pentagon. Washington had given the artificial intelligence startup until Friday to agree to unconditional military use of its technology, even if it violates ethical standards at the company, or face being forced to comply under emergency federal powers. (Photo by FABRICE COFFRINI / AFP via Getty Images)

(FILES) Anthropic CEO Dario Amodei looks on as he takes part in a session on AI during the World Economic Forum (WEF) annual meeting in Davos on January 23, 2025. AI company Anthropic said on February 27, 2026, it would not give the US Defense Department unrestricted use of its technology despite being pressured to comply by the Pentagon. Washington had given the artificial intelligence startup until Friday to agree to unconditional military use of its technology, even if it violates ethical standards at the company, or face being forced to comply under emergency federal powers. (Photo by FABRICE COFFRINI / AFP via Getty Images)

Canadian bank execs, regulators meet to discuss risks raised by Anthropic’s new AI model

4 min read

April 8, 2026

Canadians have been battered by fuel surcharges and the ripple effects of rising oil prices – from the pump to grocery aisles – after the start of the war in Iran.

Canadians have been battered by fuel surcharges and the ripple effects of rising oil prices – from the pump to grocery aisles – after the start of the war in Iran.

Canadians likely to see gas prices drop after U.S.-Iran ceasefire deal, but other cost relief will take longer

5 min read

April 7, 2026

Trucks cross the Blue Water Bridge between Port Huron, Mich., and Sarnia, Ont., carrying goods between the U.S. and Canada last year.

Trucks cross the Blue Water Bridge between Port Huron, Mich., and Sarnia, Ont., carrying goods between the U.S. and Canada last year.

U.S. expects USMCA to remain in place, with ‘separate protocols’ for Canada and Mexico

4 min read

April 1, 2026

Tiff Macklem, Governor of the Bank of Canada, holds a press conference in Ottawa on Oct. 29, 2025. Mr. Macklem is scheduled to join Finance Minister François-Philippe Champagne on his trip to Beijing this week.

Tiff Macklem, Governor of the Bank of Canada, holds a press conference in Ottawa on Oct. 29, 2025. Mr. Macklem is scheduled to join Finance Minister François-Philippe Champagne on his trip to Beijing this week.

Bank of Canada Governor, Bay Street executives join Finance Minister for China meetings

4 min read

March 31, 2026

Prime Minister Mark Carney and President of Mexico Claudia Sheinbaum walk to a press conference at Palacio Nacional in Mexico City on Sept. 18.

Prime Minister Mark Carney and President of Mexico Claudia Sheinbaum walk to a press conference at Palacio Nacional in Mexico City on Sept. 18.

analysis

Canada and Mexico on different paths heading into USMCA crunch time

7 min read

March 26, 2026

Frozen peas for Kathryn Helmore story, on Mar 26, 2026. (Fred Lum/The Globe and Mail)

Frozen peas for Kathryn Helmore story, on Mar 26, 2026. (Fred Lum/The Globe and Mail)

Government launches inquiry into imports of certain vegetables

3 min read

March 23, 2026

Bank of Canada Governor Tiff Macklem is seen during a news conference in Ottawa, Wednesday, March 18, 2026. THE CANADIAN PRESS/Adrian Wyld

Bank of Canada Governor Tiff Macklem is seen during a news conference in Ottawa, Wednesday, March 18, 2026. THE CANADIAN PRESS/Adrian Wyld

Where are Bank of Canada rates headed? Economists and traders are at odds

4 min read

March 23, 2026

The sun reflects off the Bank of Canada building in Ottawa, Wednesday, July 30, 2025. THE CANADIAN PRESS/Adrian Wyld

The sun reflects off the Bank of Canada building in Ottawa, Wednesday, July 30, 2025. THE CANADIAN PRESS/Adrian Wyld

Two BoC deputy governors to leave central bank in coming months

2 min read

March 20, 2026

A person fills up their car at a gas station in Montreal on Thursday, March 5, 2026. THE CANADIAN PRESS/Christopher Katsarov

A person fills up their car at a gas station in Montreal on Thursday, March 5, 2026. THE CANADIAN PRESS/Christopher Katsarov

How the oil shock could lead to wider economic pain for Canada

5 min read

March 18, 2026

Governor Tiff Macklem is seen during a news conference in Ottawa on Wednesday, when the Bank of Canada announced its third consecutive rate hold.

Governor Tiff Macklem is seen during a news conference in Ottawa on Wednesday, when the Bank of Canada announced its third consecutive rate hold.

BoC holds benchmark rate at 2.25% amid oil price shock

5 min read

March 18, 2026

U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the Federal Reserve in Washington, D.C., U.S., March 18, 2026. REUTERS/Kevin Lamarque

U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the Federal Reserve in Washington, D.C., U.S., March 18, 2026. REUTERS/Kevin Lamarque

earlier

U.S. Federal Reserve, Bank of Canada keep key interest rates unchanged amid oil-driven inflation risks

March 15, 2026

The price of gasoline is expected to continue to rise after conflict in the Middle East.

The price of gasoline is expected to continue to rise after conflict in the Middle East.

Bank of Canada expected to hold rates amid oil-driven inflation risk

5 min read

March 13, 2026

This Esso station at Mt Pleasant Rd and Merton St. in midtown Toronto shows regular gas priced at 151.9 cents per litre on Feb 3, 2025. (Fred Lum/The Globe and Mail)

This Esso station at Mt Pleasant Rd and Merton St. in midtown Toronto shows regular gas priced at 151.9 cents per litre on Feb 3, 2025. (Fred Lum/The Globe and Mail)

Why Canada’s energy superpower status can’t fully protect us from the oil crisis

7 min read

March 7, 2026

Prime Minister Mark Carney meets Indian Prime Minister Narendra Modi at Hyderabad House in New Delhi, Monday, March 2, 2026. THE CANADIAN PRESS/Adrian Wyld

Prime Minister Mark Carney meets Indian Prime Minister Narendra Modi at Hyderabad House in New Delhi, Monday, March 2, 2026. THE CANADIAN PRESS/Adrian Wyld

‘This time could be different’: How Canada is bulking up business ties with India

11 min read

March 2, 2026

Cameco President and Chief Executive Officer Tim Gitzel speaks with media following the company's annual general meeting in Saskatoon, Tuesday, May 14, 2013. THE CANADIAN PRESS/Liam Richards.

Cameco President and Chief Executive Officer Tim Gitzel speaks with media following the company's annual general meeting in Saskatoon, Tuesday, May 14, 2013. THE CANADIAN PRESS/Liam Richards.

Cameco CEO sees major growth in India after inking uranium supply deal

4 min read