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Canada loses a net 1,400 jobs in June, jobless rate rises to 6.4%
Canada's economy lost a net 1,400 jobs in June, entirely in full-time work, and the jobless rate climbed to 6.4%, Statistics Canada data showed on Friday. Analysts had expected a 22,500 gain and for ... Read More
Posthaste: Canada's jobless rate seen topping 7% unless Bank of Canada cuts soon
Federal Reserve chair Jerome Powell caught the market’s attention this week when he said that inflation was not the only risk the United States is facing. Speaking to lawmakers Tuesday, Powell said ... Read More
Canadian Retail Sales Drop, Widening Door to Further Rate Cuts
The Bank of Canada’s governing council will take the numbers into next week’s policy meeting, when most economists anticipate they will argue for cutting rates. Read More
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