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Yesterday, the Bank of Canada (BoC) held its overnight rate target at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. They did not ease monetary conditions while noting that domestic ...
Prices are still falling with the benchmark (typical) new single-family home, down 5.4% to $1.53 million in April, and condos ...
As the OECD points out, climbing stock prices with contracting economic growth is a counter-productive and foreboding ...
The idea that re-shoring manufacturing will increase good-paying jobs in North America faces some challenges from growing automation. Corporations focus on maintaining and increasing profit margins, ...
Resource-rich Alberta has long been hailed as the economic engine of Canada. But is it? Andrew Chang breaks down the province’s biggest contributions and how they stack up against the rest of the ...
The Conference Board’s Consumer Confidence Index® also reflected a downturn, dropping by 7.9 points in April to 86.0 ...
On one hand, the US economy is showing signs of slowing, with a negative growth for Q1 GDP, and mounting evidence that many corporations and consumer households are feeling the pinch of higher ...
As I feared, DOGE has drastically undershot its targeted spending cuts. It’s hard to reduce overhead without the political will to reduce corporate subsidies and reform entitlement programs in a ...
Today, we received further confirmation of Canada’s deteriorating labour market, with March payrolls falling 54,100 to a 10-month low, and a negatively revised 40,200 fewer jobs in February (Stats Can ...
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