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Inflation data 'all clear' for Bank of Canada interest rate cut in June, economists say
Financial Post via Yahoo Finance· 4 days agoAndrew Grantham, executive director of economics at CIBC, said the data “provided the all clear” for...
Bank of Canada says net loss narrowed to $934 million in first quarter
Financial Post via Yahoo Finance· 16 hours agoThe first net loss in the Bank of Canada’s 87-year history came in the fall of 2022. “Since...the...
Canada Retail Sales Fell 0.2% in March, Recovered in April
The Wall Street Journal· 20 hours agoThe Bank of Canada has left its benchmark interest rate steady since last raising it in July to a...
Canada's inflation cools to three-year low boosting June rate cut bets
Reuters via Yahoo Finance· 4 days agoCanada's annual inflation rate slowed to a three-year low of 2.7% in April and core measures...
Financials help TSX rebound, index still posts weekly decline
Reuters via Yahoo Finance· 1 day agoCanada's main stock index rose on Friday as heavily-weighted financials led broad-based gains and...
Canada March retail sales down 0.2% as spending falls across sectors
StreetInsider· 21 hours agoAnalysts polled...The waning of momentum over the quarter reflects consumer caution as mortgages come up for renewal at higher interest rates, and sales look even worse in ...
Posthaste: Why Canada is better able to handle the costs of an aging population than other countries
Financial Post via Yahoo Finance· 4 days agoStatistics Canada releases its consumer price index for April today, a reading that will be closely...
Canada Inflation Up 2.7% in April, Rises at Slowest Pace in Three Years — Update
Morningstar· 4 days agoCore prices excluding volatile food and energy costs...a similar 2.7%, and key indicators of underlying inflation preferred by the central bank also cooled. The biggest drivers ...
TSX hits 3-week low as interest rate jitters hit commodities
Reuters via Yahoo Finance· 2 days agoCanada's main stock index fell to a near three-week low on Thursday, with resource shares among the...
Week Ahead for FX, Bonds: U.S. and Eurozone Inflation, China PMIs in Focus
The Wall Street Journal· 22 hours agoFocus this week will center on U.S. PCE inflation data as uncertainty remains over when the Federal...