Finance News – Canadian Economy
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BoC officials considered whether interest rate already low enough to weather tariffs
Recent internal discussions revealed that some Bank of Canada members assessed if the current benchmark interest rate sufficiently supports economic stability amidst the impact of...
Read Full Article →A resilient Canadian economy? Hardly – and Friday’s jobs report proves it
The sluggish economic growth combined with underwhelming employment figures suggests the Bank of Canada may implement additional monetary stimulus to support the financial system.
Read Full Article →Canada's economy shed over 40,000 jobs in July, partly offsetting earlier growth
The reduction in employment during July contributed to a notable decline in labor market participation, indicating a potential slowdown in economic momentum following previous job...
Read Full Article →How copper tariffs would affect the Canadian economy
Imposing tariffs on copper could influence trade balances, manufacturing costs, and export revenues, potentially leading to shifts in economic growth and investment patterns within...
Read Full Article →Trump’s trade war has bent, but not broken, the Canadian economy
Although tariffs have impacted Canada’s economy, the expected severe downturn has not occurred, indicating that while challenges remain, the financial system continues to show resi...
Read Full Article →Charles St-Arnaud: Carney's 'One Canadian Economy' a much-needed move in the right direction, but qu...
A comprehensive investment strategy aimed at unifying economic efforts across Canada could play a crucial role in revitalizing the country’s overall financial stability and long-te...
Read Full Article →Bank of Canada holds interest rate at 2.75% again as 'uncertainty remains high'
The central bank’s decision to maintain the current borrowing cost reflects ongoing economic challenges, particularly due to trade tensions with the United States impacting growth...
Read Full Article →Canadian economy will be among those hit hardest by global slowdown, says OECD
The anticipated global economic deceleration is expected to significantly impact Canada’s financial performance, reflecting heightened vulnerabilities compared to many other nation...
Read Full Article →These eight data points show how Trump's trade war is already affecting the Canadian economy
The ongoing trade conflict initiated by the U.S. has introduced considerable economic challenges in Canada, contributing to growing concerns among experts about a potential recessi...
Read Full Article →Ontario, Manitoba agree to boost interprovincial trade, facing U.S. tariff crunch
The decision by Ontario and Manitoba to reduce restrictions on commerce and labor movement aims to strengthen regional economic resilience amid increasing challenges posed by exter...
Read Full Article →Weak GDP result is just the beginning for Canadian economy, says Citi economist
A Citi economist suggests that the recent underperformance of Canada's GDP may indicate deeper economic challenges ahead, highlighting potential concerns for financial stability an...
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