Canada’s Rising Unemployment Rate Triggers Loonie Depreciation and Sparks Rate Cut Speculations
An Unexpected Increase in the Unemployment Rate further Depreciates the Canadian dollar. Statistics Canada reports that November saw an unexpected …
Canada Economic News
Economic Divide Between the US and Canada Poised to Widen: Insights for 2024
The already significant economic divide between the US and Canada is set to widen. Economic Divide Between the US and …
Canada Post Strike Looms: Workers Demand Fair Pay and Safe Working Conditions Amid Financial Challenges
As the possibility of a strike looms, Canada Post unionized workers gather. In response to the impending strike between the …
Canada’s Economic Forecast: Bank of Canada’s Rate Projections, Declining Tax Competitiveness, and Rising Conservative Influence Ahead of 2025 Election
According to a poll, the Bank of Canada’s neutral rate maybe 2.75%. According to a survey released by the central …
Canada’s Rising Wheat Exports, Food Bank Crisis, and Economic Developments: Fall 2024 Insights
Canada is expected to rank third globally in wheat exports for the 2024–2025 crop year. As crop production in the …
Canada’s Job Market Growth and Reduced Immigration Quotas Impact Economy and Housing
In September, Canada’s economy added 47,000 new jobs, and the country’s unemployment rate slightly decreased. With over twice as many …
Canadian Economy Adds 46,700 Jobs in September, Clouding Prospects for a 50bps Rate Cut
Canada’s unemployment rate drops to 6.5%, but ‘mixed signals’ make it difficult to predict a 50 bps rate cut. Canadian …