By Sumayya Canada’s economic growth stopped for the second month in a row in August, and a drop could be coming in September, information shared on Friday by Statistics Canada …
Business / Canadian Economy
Tag:
#InterestRates
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Economy / Finance
Bank of Canada will likely raise interest rates for the first time since 2023
by adminby adminBy Sumayya OTTAWA — The Bank of Canada is widely expected to change its main interest rate this morning for the first time in almost a year. Financial markets and …
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Business & Macroeconomics
August employment growth muted, but analysts caution against widespread alarm
by adminby adminBy Sumayya OTTAWA — Financial analysts refrained from triggering emergency indicators after fresh documentation demonstrated the employment landscape fractured its vibrant trajectory with a reduction of 42,000 positions in August. …
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International Trade & Tariffs
Tariff looming: Bank of Canada prepares for fresh trade war strains ahead of rate call
by adminby adminBy Haris Ahmed OTTAWA — The Bank of Canada faces a familiar conundrum this week as the intensifying trade conflict with the United States casts a shadow over Wednesday’s monetary …