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Canadian households are dealing with a surge in inflation, the fastest in four months, as gasoline and housing costs continue to rise. The consumer-price index (CPI), a key measure of inflation,...
The USD/CAD pair is experiencing significant selling pressure this Tuesday as the US Dollar weakens ahead of the Federal Reserve's interest rate decision. Meanwhile, Statistics Canada reports that the...
On Monday, the S&P/TSX composite index, Canada's main stock index, experienced a significant decline due to losses in technology and base metal stocks. The index fell by almost 130 points to close at...
By David Ljunggren OTTAWA (Reuters) - The Canadian government of Prime Minister Justin Trudeau, under pressure over a lack of affordable housing, on Wednesday told cities to do more and said those who...
By Steve Scherer and David Ljunggren OTTAWA, Sept 7 (Reuters) - Bank of Canada Governor Tiff Macklem on Thursday said interest rates may not be high enough to bring inflation back down to target,...
By Fergal Smith TORONTO (Reuters) - Analysts have cut their bullish near-term forecasts for the Canadian dollar as China's economy weakens and the gap between U.S. and Canadian bond yields grows, but...
The Bank of Canada held its key interest rate steady at five per cent on Wednesday, September 6, 2023, despite previous indications that it was open to further increases if necessary. The decision...
By Ismail Shakil OTTAWA (Reuters) -Canada recorded a smaller-than-expected trade deficit in July, as a West Coast dock workers' strike weighed more heavily on imports than on exports, Statistics...
TORONTO (Reuters) - The Bank of Canada on Wednesday held its key overnight interest rate at 5%, noting the economy had entered a period of weaker growth, but said it could raise borrowing costs again...
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada on Wednesday held its key overnight interest rate at 5%, noting that the economy had entered a period of weaker growth, but...
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