News
Loonie caught between slow domestic economy and stronger U. S. dollar
1+ hour, 17+ min ago (343+ words) By Ritika Dubey, The Canadian Press Posted Jun 25, 2026 05: 00: 03 AM. TORONTO " The Canadian dollar has steadily fallen over the past several weeks to trade around the 70 cents US mark as it finds itself caught between a weak domestic economy and strong…...
These economists are worried Canada has a data quality problem
1+ hour, 15+ min ago (1151+ words) Posted Jun 25, 2026 05: 00: 04 AM. OTTAWA " Most economists, including at the Bank of Canada, were a bit surprised when Statistics Canada reported late last month that the economy contracted slightly over the first three months of the year. The consensus estimate among…...
All eyes turn to Fed chair Kevin Warsh and his first moves on interest rates
1+ week, 2+ day ago (901+ words) Posted Jun 16, 2026 01: 03: 02 AM. On Wednesday, Warsh may provide the first hints of an answer when he oversees his first Fed policy meeting as chair and holds a news conference afterward. Bond markets, which can swing sharply on a chair's pronouncements,…...
Bank of Canada holding interest rate at 2. 25%
2+ week, 12+ hour ago (187+ words) For Jayden'Nelson, the long and winding trek to reach soccer's biggest stage began as a toddler, when he was diagnosed with a rare form of cancer. Cynthia Mulligan looks at Nelson's inspiration journey to the World Cup. A former Air…...
Bank of Canada set to make interest rate decision amid economic turbulence
2+ week, 1+ day ago (306+ words) Posted Jun 10, 2026 05: 00: 08 AM. OTTAWA " The Bank of Canada is set to make an interest rate announcement this morning after a turbulent period of economic data. The central bank is widely expected to deliver a fifth consecutive hold to its benchmark…...
Inflation likely reached 3-year high last month as Iran war spikes gas prices
2+ week, 1+ day ago (653+ words) Posted Jun 10, 2026 01: 01: 25 AM. Inflation is expected to reach 4. 2% in May from a year earlier when the Labor Department reports last month's figures Wednesday, according to a survey of economists by data provider Fact Set The annual increase would be up…...
As US Customs refines its tariff refund system, who gets in to apply is under dispute
2+ week, 1+ day ago (925+ words) Posted Jun 9, 2026 10: 47: 48 AM. Court of International Trade Judge Richard Eaton said he wanted to hear details that would help him decide whether to order the government to speed up and expand its system for issuing tariff refunds. The Justice Department…...
Fifth straight rate hold expected as Bank of Canada meets Wednesday
2+ week, 2+ day ago (906+ words) Posted Jun 8, 2026 05: 00: 08 AM. Economists expect the Bank of Canada to hold its benchmark interest rate steady for the fifth straight time when it meets Wednesday, but its messaging could shed light on how it is navigating ongoing geopolitical uncertainties. The…...
Statistics Canada set to release jobs data for May this morning
2+ week, 6+ day ago (360+ words) Posted Jun 5, 2026 05: 00: 04 AM. OTTAWA " Statistics Canada is expected to release its labour market report for the month of May this morning. The consensus among economists polled by Reuters shows they're anticipating employers added 10, 000 positions last month, after a loss of…...
How high pandemic-period immigration papered over the cracks in Canada's economy
3+ week, 1+ hour ago (909+ words) Posted Jun 4, 2026 05: 00: 03 AM. OTTAWA " Prime Minister Mark Carney has said that lower immigration under his government helps to explain why Canada's economy has declined for the last two quarters, pushing it into recession territory. While Carney has not said the…...