Posthaste: Canada's record economic gap with the United States is about to get wider
Just how big is the gap? In 2023, real gross domestic product per capita in the U.S. was 43 per cent higher than in Canada, ...
Central bank considered smaller rate cut in October before settling on half point reduction
That’s according to the central bank’s summary of deliberations released Tuesday, which details the governing council’s ...
Canada's economy likely missed central bank's third quarter growth forecast
Canada's gross domestic product was unchanged in August before likely expanding by 0.3% in September, data showed on Thursday ...
Better Dwelling3d
Canada Makes A Huge GDP Revision, BoC Made Supersized Rate Cut On Bad Data
Canada must have found some economic progress in the pocket of an old winter coat. Last week Statistics Canada (Stat Can) ...
Risk6h
Canada benchmark shaken by T+1 hedge fund influx
The Bank of Canada (BoC) estimates the T+1 switch has added 3 basis points to the rate. The central bank has boosted its overnight repo operations in a bid to return Corra to its target rate – to ...
MoneySense3d
How Trump’s election win could affect interest rates in Canada
Experts say Donald Trump’s election victory could shift interest rate policy in the U.S. as his promised policies risk higher ...
Bank of Canada says it is starting to see impact of recent rate cuts
The Bank of Canada will be able to cut interest rates again to support demand and keep inflation on target if the economy ...
Canada Weak Job Gains Keep Bigger December Cut a Toss-Up
Canada’s economy eked out a small employment increase, underscoring an ongoing labor-market softness that had already ...
The Canadian Press on MSN6d
Canada’s unemployment rate holds steady at 6.5% in October, economy adds 15,000 jobs
The Canadian job market posted another weak hiring month in October as employers added a modest 15,000 jobs, but economists ...
Bank of Canada Half-Point Cut Triggered Worries Over Rate Expectations, Minutes Say
Some governing-council members expressed concern that the cut could lead to assumptions that the policy interest rate would ...
Bank of Canada had ‘strong consensus’ for October’s half-point rate cut
Members felt confident inflation pressures would continue to subside, according to a summary of rate-decision deliberations ...
The Canadian Press on MSN6d
What Trump’s election could mean for interest rates in Canada
Experts say Donald Trump’s election victory could shift interest rate policy in the U.S. as his promised policies risk higher ...