OTTAWA, Aug 4 (Reuters) - The Canadian economy unexpectedly shed a net 6,400 jobs in July while the jobless rate ticked up to 5.5%, data showed on Friday, cementing analyst expectations that the Bank ...
The Bank of Canada is widely expected to lower its key interest rate at its September 17 policy announcement — with most economists and market analysts predicting a 25 basis point cut. But a rate cut ...
The Canadian economy shed a shocking 66,000 jobs in August, steamrolling estimates for a gain of 5,000, which has ramped up bets that the Bank of Canada will restart interest rate cuts. Market bets ...
The Canadian economy shrugged off tariff uncertainty as the labor force added the most jobs in six months and the unemployment rate surprisingly fell, supporting another interest rate pause from the ...
Economists say that has made it impossible for the Bank of Canada to ignore the state of the job market and the economy more broadly.