The loonie’s low flight suggests interest rates may remain elevated for an extended period.
The lagging Canadian dollar is adding significant challenges to the Bank of Canada’s efforts to control inflation.
Category: Economy
How the Bank of Canada held rates until Stephen Poloz’s exit in June — here’s why
David Dodge cut rates in his final decision as governor in 2008.
Nasdaq surges more than 1.2%, closing at its highest level alongside Nvidia’s record-breaking performance.
Here is the rewritten summary:
Nasdaq Composite (^IXIC) soared 1.2% in a mixed trading session, ahead of Nvidia’s (NVDA) CES 2025 keynote and Friday’s
CGI bucking tech-sector trend by not considering layoffs despite industry-wide job cuts.
Montreal-based IT company navigates competitive market by winning contracts away from industry peers who are implementing layoffs.
By focusing on
Canadian Retail Sales Rise Marginally in August But Miss Expectations
Sales rose to $66.6 billion, with an increase seen in just four out of nine key sectors.
The majority of these sectors saw a decline in sales figures.
Mortgage Markets Are Expected to Focus on Loan-to-Income Ratios and Switching Options by 2025
Real Estate and Mortgage Market Predictions for 2025
Robert McLister shares his unexciting but informed forecasts for the future of the real estate and
Trending Stocks Include Nvidia, Foxconn, Rivian, Rolls-Royce, and Unilever
Monday’s Top Stock Updates: The latest news and developments from investors in the stock market today. Investors are closely watching key sectors,
Pierre Poilievre Makes Energy Pitch to President Donald Trump in Great Deal Offer
Conservative Leader Proposes Boosting Canada’s US Exports
UK House Prices Record First Drop in Nine Months
First-time homebuyers are racing against the clock to secure their dream homes before new stamp duty tax changes take effect in April.
Oilpatch Wary of Threats to Energy Exports from Ottawa and Provinces over US Tariffs Retaliation Fears
Canadian oilpatch leaders have rejected retaliatory threats against countries imposing climate policies, citing potential long-term impact on energy