Bank of Canada rate cut odds for June fall after April inflation data
Signs that underlying inflation was picking up in April put the Bank of Canada in a tricky position ahead of its June interest rate decision,
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Statistics Canada
Ottawa-Gatineau’s unemployment rate ticks up to 5.5% in April
Ottawa-Gatineau’s unemployment rate rose slightly in April as the local economy shed about 2,500 jobs, Statistics Canada said Friday. The National Capital Region’s unemployment was
Inflation cooled to 2.3% in March as gas prices fell, StatCan says
Canadians got a break on inflation in March as gas prices fell and a slowdown in travel to the United States helped cool airfare costs,
Ottawa-Gatineau’s unemployment rate drops as local economy gains jobs in March
Ottawa-Gatineau’s jobless rate dropped again in March as the local economy bucked the national trend and gained more than 4,000 jobs. The National Capital Region’s
Canada’s economy ‘sprinting into a wall’ to start 2025 as tariff hit looms
The Canadian economy was off to a solid start in January but early signs suggest growth stalled in February amid harsh winter weather and the looming threat
Inflation’s surprise jump could push Bank of Canada to pause rate cuts
A surprise jump in inflation and a flood of “noise” in the economy may push the Bank of Canada to pause its interest rate cuts
End of federal tax holiday in February expected to lift inflation: economists
Economists are expecting the annual rate of inflation accelerated in February as the federal government’s temporary tax break came to an end mid-month. Statistics Canada
National Capital Region’s unemployment rate falls to 5.5% in February
The National Capital Region’s unemployment rate fell slightly in February as the local economy’s job gains outpaced a slight bump in the size of the
Canada’s economy heated up heading into 2025 — now comes Trump
Canada’s economy was heating up heading into 2025, but the return of U.S. President Donald Trump to the White House threatens to snuff out those burgeoning flames.
Economists more confident in Bank of Canada rate hold as inflation ticks up to 1.9%
Economists are more confident the Bank of Canada might pause its interest rate cuts next month — tariffs notwithstanding — as Canada’s annual inflation rate
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