Canadian Economy
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Bank of Canada due for ‘oversized’ 50-basis-point interest rate hike: economistThe Conference Board of Canada's Pedro Antunes says the economic forecast has never been harder to predict as the central bank gears up for an expected rate hike Wednesday.EconomyApr 12
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Budget 2022: Feds eye growth with $31B in net new spendingThe 2022 budget released includes more than $31 billion in new spending over the next five years. The new spending has increased the fiscal year's deficit to $52.8 billion.PoliticsApr 7
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NDP expecting no ‘surprises’ in federal budget, want Liberals to honour spending promisesThe New Democrats are confident there will be ``no surprises'' in the federal budget and that the Liberals will honour spending pledges made in their confidence and supply pact.PoliticsApr 7
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CP Rail strike could be ‘detrimental’ to Canada’s economy, experts warnThe anticipated strike at CP Rail, Canada’s second-largest railroad operator, has come at one of the worst times for the country’s economy, experts say.CanadaMar 20
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Women struggling to get back into workforce following economic rebound, says reportA new report says women's historically high numbers in the country's labour force remain below where they might have been if COVID-19 had never occurred.EconomyMar 17
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Federal spending on health care set to rise faster than planned: PBOFederal health transfers are calculated to grow by at least 3% each year, but the budget office says that health-care transfers are set to rise by almost 5% year-over-year.CanadaMar 10
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As the war in Ukraine rages on, experts predict higher food prices for CanadiansIn Canada, the cost of living is on an upward spiral – with gas prices reaching record highs and the cost of food getting pricier with every trip to the grocery store.CanadaMar 6
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Canada’s Q4 GDP beats estimates, showing Omicron resilienceCanada's economy grew at an annualized rate of 6.7 per cent in the fourth quarter, beating expectations, with initial readings from January also showing Omicron resilience.EconomyMar 1
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Despite COVID pandemic, in-person shopping still strong: RioCan REIT CEOAlthough COVID-19 has impacted the business environment, brick-and-mortar shopping still runs strong, according to the chief executive of RioCan Real Estate Investment Trust.ConsumerFeb 10
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Canada lost 200K jobs in January amid Omicron-driven shutdownsThe unemployment rate rose to 6.5 per cent in January.EconomyFeb 4
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