Economy News Canada S Economy Stalled Again In October But Likely Up 0 1 In November
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Canada’s Economy On Track for Muted Growth, Avoiding Back-to-Back Quarterly Contractions
Canada’s economy is on track to show tepid growth in the third quarter, a marked recovery from the prior period though still tentative as the country comes to grips with tariffs and the uncertainty of ... Read More
Canada's GDP contracts in August, might avoid a recession in third quarter
Canada's GDP contracted in August against a consensus estimate of flat growth, data showed on Friday, and an advance estimate suggested the economy might escape a recession in the third quarter. Read More
Canada’s economy on track for tepid growth, weakened by trade war
The Canadian economy appears to be on track to eke out growth between July and September, likely bouncing back from a second-quarter contraction but remaining weakened by US tariffs. Read More
FULL TEXT-Bank of Canada head says rate cut aimed at helping economy
"Today, the Bank lowered the policy interest rate a further 25 basis points, bringing it to 2¼%. This was our second straight cut, and reflects ongoing weakness in the economy and contained ... Read More
Weak GDP report unlikely to sway Bank of Canada to more rate cuts: economists
The Canadian economy was showing more cracks in August, but most economists weighing in on the latest data say they don't think the Bank of Canada will respond with more rate cuts anytime soon. Read More
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