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By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada (BoC) on Wednesday held its key overnight rate at 5.0% as expected and forecast weak growth, while leaving the door open to...
Governor Tiff Macklem's Bank of Canada (BoC) is expected to maintain its overnight target rate at 5% for the second time following the October meeting, according to Wednesday's updates. This decision...
A recent survey conducted by Zoocasa, a real estate company, has revealed an increasing concern among its 1,634 blog readers and newsletter subscribers over potential mortgage rate hikes in Canada....
Canadian retail sales experienced a 0.1% drop to 66.08 billion Canadian dollars ($48.16 billion) in August, the first decline in five months, according to Statistics Canada. Despite this downturn,...
Canadian inflation slowed to an annualized 3.8% in September, marking the end of a two-month surge in price pressures across sectors such as travel services, durable goods, and groceries, according to...
In a surprising turn of events, Canada's inflation rate experienced a slowdown last month, primarily due to slower increases in grocery prices and a substantial drop in airfare prices. This...
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada's annual inflation rate unexpectedly slowed to 3.8% in September and underlying core measures also eased, data showed on Tuesday, prompting...
Canadian business sentiment has plummeted to its lowest point since the Covid-19 recession, according to recent surveys conducted by the Bank of Canada. The bank's business outlook indicator marked a...
By Fergal Smith TORONTO (Reuters) -Canadian home sales fell for a third straight month in September and the industry group that produces the data downgraded its forecast for the full year,...
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) - Canada's economy more than tripled expectations by adding 63,800 jobs in September and wages continued to soar, data showed on Friday, upping the...
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