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Economists split on what inflation numbers mean for Bank of Canada rate cut
Financial experts are divided on how recent inflation data might influence the Bank of Canada's decision regarding interest rates, especially given concerns about potential tariff-...
Read Full Article →Canada's inflation rate holds steady at 1.7% in May
Canada's stable inflation rate in May reflects moderating housing costs, which contributed to maintaining overall price increases at a controlled level, impacting consumer expenses...
Read Full Article →Canada's digital services tax is 'needlessly inflammatory' during trade talks with U.S.
The upcoming payments by U.S. technology firms under Canada's new digital services levy mark a notable development in tax policy that could influence ongoing negotiations between t...
Read Full Article →David Rosenberg: How did the Canadian market hit a new record? Gold exposure has helped
The Canadian market reached a new high partly due to increased gold investments, which have gained value amid ongoing supportive economic and geopolitical factors influencing the s...
Read Full Article →Where the Canadian dollar and oil prices are headed: FP video
The fluctuations in the value of the Canadian currency and changes in crude oil rates can have important economic impacts, influencing trade balances, investment decisions, and gov...
Read Full Article →'Grisly' May retail sales drop of 1.1% could point to Bank of Canada restarting rate cuts
The unexpected decrease in retail sales during May may influence the Bank of Canada’s decision-making regarding interest rates, potentially leading to a reduction to support econom...
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 →Carney announces new measures to protect Canada's steel and aluminum industries
The government plans to implement limits on imported steel and explore additional tariff options to support domestic producers amid economic challenges stemming from U.S. trade pol...
Read Full Article →'We are not seeing inflation in our business,' Empire CEO says
Empire CEO Michael Medline stated that the company’s financial performance has not been impacted by rising grocery costs, indicating a steady pricing environment within their opera...
Read Full Article →Federal deficit estimated to hit $46 billion in 2024-25: PBO
The projected shortfall for 2024-25 reflects increased government income primarily driven by gains in corporate tax collections and additional revenues from imposed tariffs.
Read Full Article →Bank of Canada governor warns consumer prices will rise if tariffs not lifted
The Bank of Canada governor emphasized that maintaining tariffs could increase inflation, highlighting that a trade agreement with the U.S. plays an important role in supporting em...
Read Full Article →Job vacancies slump as tariffs push some sectors below pre-pandemic levels
A decline in job openings by 3.8 percent in early 2024 reflects economic challenges linked to trade restrictions, impacting employment opportunities across various industries compa...
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