Canada
Weekly Digest – 18 December 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. ‘Stubborn’ fixed mortgage rates might not fall despite Bank of Canada cut The Bank of Canada’s latest oversized interest rate cut isn’t expected to deliver immediate relief to the Canadian fixed-mortgage market, experts warn. Despite […]
Weekly Digest – 11 December 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Canada’s economy grew 1% in the third quarter from higher government, household spending The Canadian economy grew at an annualized rate of one per cent in the third quarter, boosted by higher household and […]
Weekly Digest – 04 December 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Tax ‘holiday’ may spur economic growth, but ‘dark cloud’ hangs over future The Bank of Canada will have to grapple with an underperforming economy, signs of a returning consumer and a “dark cloud” hanging over […]
Weekly Digest – 27 November 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Why is inflation heating up at the grocery store again? A weak Canadian dollar is being blamed as a key culprit behind sticky inflation at the grocery store, a trend one expert says he expects to […]
Weekly Digest – 20 November 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Canada Post strike: What’s at stake for the Canadian economy? The Canada Post strike is set to have the sharpest impact on small businesses and customers of the postal service, particularly those living in remote […]
Weekly Digest – 13 November 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Labour force participation rate hits 27-year low Most employed Canadians are happy in their roles, Statistics Canada’s October employment survey showed, even as a growing number give up on the job hunt amid a softening labour […]
Weekly Digest – 06 November 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. What the Bank of Canada’s cut means for the economy The Bank of Canada’s decision to cut its overnight interest rate by 50 basis points was as significant as it was expected. Following on from […]
Weekly Digest – 30 October 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. After Bank of Canada’s oversized cut, is lower and faster the new pace? The Bank of Canada delivered an oversized interest rate cut of half a percentage point on Wednesday, focusing now on boosting the Canadian economy amid […]
Weekly Digest – October 23 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Jobs report tops economists’ expectations in September The Canadian labour market exceeded many economists’ expectations in September, adding more than twice as many jobs as the previous month while unemployment ticked lower. Statistics Canada […]
Weekly Digest – October 16 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Bank of Canada survey shows business, consumer sentiment remains low The Bank of Canada says business and consumer sentiment remained low during the third quarter of this year, citing high interest rates and higher costs as […]
Weekly Digest – 9 October 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Can T-Swift stop a T-cession? What’s next for Toronto’s flagging economy Toronto’s economic growth slows, prompting fears of recession. Experts cite global uncertainty, trade tensions, and housing market issues. Meanwhile, Taylor Swift’s upcoming concert […]
Weekly Digest – 02 October 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Economists see Canadian soft landing even without jumbo rate cuts The Bank of Canada will be able to pull off a soft landing for the country’s economy without resorting to half-point interest rate cuts, analysts say. […]
Weekly Digest – 25 September 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Despite good economic news, experts warn the pain’s not over yet After two years of interest rate hikes, inflation hit the Bank of Canada’s target of two per cent back in August. Touria Izri […]
Weekly Digest – 18 September 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Grocery habits may be returning to normal after inflation surge The head of one of Canada’s largest grocery chains says he’s seeing the early signs of consumer behaviour normalizing after years of trading down […]
Weekly Digest – 11 September 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Bank of Canada cuts key interest rate again, signals more cuts ahead The Bank of Canada may adjust the pace of interest rate cuts if warranted, governor Tiff Macklem said after announcing a third […]
Weekly Digest – 4 September 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Canadian economy grew in 2nd quarter, mostly from government spending and higher wages The Canadian economy grew 2.1 per cent at an annualized rate in the second quarter of 2024, though GDP per capita fell […]
Weekly Digest – 28 August 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Inflation rate eases, cementing case for Bank of Canada rate cut Canada’s inflation rate is steadily moving back down to the Bank of Canada’s 2-per-cent target, solidifying an already strong case for the central […]
Weekly Digest – 21 August 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Should Canada ditch the mortgage stress test? What experts are saying Despite recent interest rate cuts, the Canadian real estate market remained slow this summer. This has prompted some in the industry to call for […]
Weekly Digest – 13 August 2024
Welcome to our Weekly Digest – stay in the know with recent news updates relevant to business and the economy. Bank of Canada is now less concerned rate cuts will drive up home prices The Bank of Canada is now less concerned about home prices spiking as it lowers its benchmark interest rate, minutes from […]
Weekly Digest – 07 August 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Bank of Canada cuts key interest rate again, more cuts ‘reasonable’ if inflation keeps easing The Bank of Canada cut its key interest rate to 4.5 per cent on Wednesday, with governor Tiff Macklem […]