Canadian Economy
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Bank of Canada expected to hold interest rate again as inflation cools'When we combine all these things together, it certainly looks like the (central) bank is likely to hold rates steady for now,'' said BMO's chief economist.EconomyApr 9
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Ottawa left EI reform out of Budget 2023. Here’s whyThe Liberal government says reforming the employment insurance program amid a slowing economy could drive up premiums for workers and employers.CanadaApr 1
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Budget 2023 offers $35B in green tax credits, still trails U.S. incentivesTrudeau's government has been under pressure to level the playing field with the U.S. since Washington passed massive uncapped incentives for clean energy investments last year.EconomyMar 29
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Employers seeking ‘very specific’ skillset recruit refugee workers under pilot projectThe pilot project works to welcome skilled refugees to fill specific labour shortages in high-demand sectors, including health care, skilled trades and information technology.CanadaFeb 28
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CIBC kicks off big bank earnings with lower profit than a year agoCIBC, the first of Canada's big banks to report first-quarter results this year, said Friday its net income amounted to $432 million.EconomyFeb 24
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Canadians think tipping is ‘getting out of control,’ new poll suggest"Being asked all the time, I think it has this compounding guilt effect,” Angus Reid Institute Research Director David Korinski told 'The Roy Green Show.'CanadaFeb 19
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Layoffs, boomers, interest rates: Why Canada’s jobs market shows ‘no signs of slowing’The 150,000 new jobs recorded in January was 10 times more than expected, one economist noted.EconomyFeb 14
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Canadian dollar’s outlook uncertain amid recession concerns, analysts sayThe Canadian dollar recently rose to its highest level in more than two months against the U.S. dollar, which gained strength Friday after a stronger-than-expected jobs report.MoneyFeb 6
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Freeland meets provincial and territorial finance ministers in TorontoThe meeting comes at a tense time for many Canadian consumers, with inflation still running hot and interest rates much higher than they were a year ago.CanadaFeb 3
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Is Canada in a recession? StatCan’s early estimates are saying not yetNovember's GDP grew at a rate of 0.1 per cent and initial indications suggest the economy kept growing in Q4, Statistics Canada said, staving off fears a recession starting.EconomyJan 31
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