Canada Economy
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Bank of Canada rate cut in doubt after strong December jobs reportCanadian employers collectively added some 91,000 net new jobs last month, Statistics Canada said. Most of the growth was in full-time work.MoneyJan 10
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What Trudeau’s exit means for the struggling loonie — and Canada’s economyPrime Minister Justin Trudeau's resignation sent the Canadian dollar higher against the American greenback on Monday. Here's why it matters for the loonie.MoneyJan 6
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BMO changes rate cut call after surprise jump in Canada’s jobless rateThe November jobs figures are the final major economic data release before the Bank of Canada makes its last interest rate decision of the year on Dec. 11.EconomyDec 6, 2024
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Tax ‘holiday’ may spur economic growth, but ‘dark cloud’ hangs over futureThe Canadian economy underperformed the Bank of Canada's call for 1.5 per cent annualized growth in the third quarter, and per-capita GDP fell for a sixth consecutive quarter.MoneyNov 29, 2024
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Canada Post strike: What’s at stake for the Canadian economy?A lengthy labour disruption could have disastrous implications for small businesses and the future of Canada Post itself, some experts warn amid a national strike.CanadaNov 16, 2024
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Labour force participation rate hits 27-year low, outside the pandemicCanada's labour market added roughly 15,000 jobs in October, enough to keep the unemployment rate steady at 6.5 per cent in the month.EconomyNov 8, 2024
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Trump’s re-election creates an ‘uncertain road’ for Canadian industryDonald Trump's return to the White House in 2025 has automotive, steel and aluminum industry groups in Canada worried about a possible trade war. But some also see opportunity.U.S. NewsNov 7, 2024
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Bank of Canada worried jumbo rate cut would send sign of ‘economic trouble’The Bank of Canada's governing council worried that the 50-basis-point rate cut would spark concern about the health of the Canadian economy, deliberations show.MoneyNov 5, 2024
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Bank of Canada could deliver bigger rate cut again amid signs economy stalledThe Bank of Canada has increasingly focused on the health of the economy as it crafts monetary policy, now that inflation has cooled back to its two per cent target.EconomyOct 31, 2024
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Expect deeper deficits from Liberals after immigration changes: DesjardinsThe Liberal government is likely facing pressure to deepen deficits heading into a possible fall economic statement, experts warn. Here's why.EconomyOct 29, 2024
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