Canada's stock market hails BoC rate cut, loonie dips
Canadian stocks and bonds rallied on Wednesday, while the loonie touched a near two-week low against its U.S. counterpart, after the Bank of Canada became the first
Canadian stocks and bonds rallied on Wednesday, while the loonie touched a near two-week low against its U.S. counterpart, after the Bank of Canada became the first
Canadian utility and real estate stocks are likely to be among the biggest beneficiaries of the Bank of Canada's move to begin cutting interest rates, while the
The Canadian dollar weakened against its U.S. counterpart on Thursday as the greenback notched gains against a basket of major currencies and the Bank of Canada
Canadian manufacturing activity deteriorated in June, extending a record-setting run of contraction for the sector, as new orders declined and firms cut jobs for
Canada's services economy moved back into contraction in June as a decline in new business weighed on the sector's performance even as inflation pressures cooled, S
The Bank of Canada is shifting its focus to boosting the economy rather than suppressing inflation, which raises prospects of further interest
Progress has been made suppressing fires in the Canadian tourist town of Jasper, with the remaining ones expected to be put out by the end of the day, authorities
Canadian manufacturing activity slowed to its weakest level this year in July as production and new orders fell at sharper rates, extending a record-setting run of
Canada's services economy deteriorated in July as activity and new business declined, while elevated wage costs contributed to increased inflation pressures, S&P
Canada's main stock index pulled back from a record high on Thursday as Toronto-Dominion Bank reported its first loss in over two decades and a railroad stoppage
Canada's second-largest lender TD Bank's efforts to resolve gaps in its anti-money laundering (AML) controls by the end of the year will likely
Canada's main stock index extended its pullback from a record high on Wednesday, as profit-taking in most sectors of the market offset gains for financials after stronger-
Canadian manufacturing activity moved closer to stabilization in August as production and new orders fell at slower rates, but a decline in employment underscored
The Canadian dollar is set to give back some of its recent gains over coming months but could make another move higher in 2025 if central bank easing cycles revive
Canada's services economy contracted for a third straight month in August as firms employed less workers and wildfires contributed to a slowdown in new business, S&
Canadian manufacturing activity strengthened for the first time in 17 months in September as market demand improved and lower borrowing costs bolstered confidence
The Canadian dollar is forecast to extend its recovery against its U.S. counterpart in the coming year as lower borrowing costs bolster economic growth in Canada
The downturn in Canada's services economy deepened in September as firms shed jobs and new business dropped to a near four-year low, S&P Global Canada services PMI
The Bank of Canada is likely to lower interest rates to a neutral setting that neither restricts nor stimulates its economy more quickly than the U.S.
The Canadian province of Ontario on Wednesday projected a narrower budget deficit for the current fiscal year and proposed providing rebates to taxpayers as its
The Canadian dollar is expected to rally against its U.S. counterpart in the coming year as lower borrowing costs boost the domestic economy but the result of the
Canadian manufacturing activity increased at a faster pace in October as production and employment picked up in anticipation of rising orders, data showed on Friday
Canada's services economy expanded for the first time in five months in October as the amount of new business increased and confidence in the outlook improved, S&P
Canada's main stock index rose on Wednesday, led by gains for energy and technology shares, as oil prices climbed and U.S. inflation data supported
Canada's services economy expanded for a second straight month in November as firms added staff, but incoming new work was subdued and the threat of U.S. tariffs
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