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OTTAWA - The Bank of Canada is increasingly expected to keep its benchmark interest rate on hold later this month after the ...
We update an assessment of potential changes in payments that mortgage holders could face at renewal in 2025 and 2026. We use ...
Federal Reserve Chair Jay Powell has reiterated that rate decisions will be data-driven — by inflation, and employment.
Benjamin Reitzes, BMO’s managing director of Canadian rates and macro strategy, said in a note that while he is “skeptical” ...
Amid resurgent U.S. trade tantrums, the Bank of Canada’s next decision on interest rates will be another tricky one, and may ...
OTTAWA--A surprise surge in hiring helped pull Canada's unemployment rate down for the first time since January, a signal of resilience despite the stresses and uncertainty brought on by the Trump ...
Futures linked to Toronto's main stock index fell on Friday as U.S. President Donald Trump ramped up his tariff assault on ...
The Canadian Dollar continues to struggle with holding onto near-term gains, and the USD/CAD pair is strung along a growing consolidation zone just below the 1.3700 handle. Ongoing CAD weakness, or ...
Economists’ estimates ranged from a gain of 25,000 positions to a loss of 10,000 jobs. The average estimate was for zero gains in June and for the unemployment rate to rise to 7.1 per cent, according ...
The Canadian Press on MSN3h
Canada adds surprise 83,000 jobs in June, driving unemployment rate down to 6.9%Canada’s labour market topped expectations in June amid a surprise surge in hiring. Statistics Canada said Friday that the ...
The European Central Bank should refrain from lowering interest rates again after eurozone inflation hit the 2% target in June, rate setter Isabel Schnabel said. The new tariffs would exempt, for now, ...
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