Trudeau Criticizes Poilievre for Failing to Set Politics Aside Amid Trump’s Tariff Threat Prime Minister Justin Trudeau has accused Conservative Leader Pierre Poilievre of prioritizing partisanship over national interests as …
Canadian economy
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Canada Reacts to Trump’s Tariff Threat: Leaders Clash on Response Strategy Canada’s political leaders are grappling with how to respond to Donald Trump’s latest threat to impose a 25% tariff …
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Trudeau to Convene Premiers Amid Trump’s Threat of Steep Canadian Tariffs In response to U.S. President-elect Donald Trump’s threat to impose a 25% tariff on Canadian goods, Prime Minister Justin …
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Will the Canadian Dollar Drop Below 70 Cents US The Canadian dollar, or loonie, has plunged to its lowest value in five years, raising concerns about further declines. Outside of …
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Business
Canada’s Unemployment Rate Holds Steady at 6.5% Amid Modest Job Growth
by Adetoun Tadeby Adetoun TadeCanada’s Unemployment Rate Holds Steady at 6.5% Amid Modest Job Growth Canada’s unemployment rate remained unchanged at 6.5% in October, according to the latest data from Statistics Canada. The economy …
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Business
Immigration Bolstered Canada’s Economy in 2023, But Policy Shift Raises Concerns for Future Growth
Immigration Bolstered Canada’s Economy in 2023, But Policy Shift Raises Concerns for Future Growth A reduction in immigration could hinder Canada’s economic momentum and exacerbate labor shortages, according to economists …
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Five Key Takeaways from the Bank of Canada’s Interest Rate Decision OTTAWA – The Bank of Canada (BoC) will announce its latest interest rate decision and release its updated monetary …
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Bank of Canada Governor Tiff Macklem Talks Inflation and Global Trade Challenges Topic: Bank of Canada Governor Tiff Macklem Discusses Inflation and Global Trade at Economic Summit Story Summary: …
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Rail Shutdown Negotiations in Canada Event: Negotiations are ongoing in Canada to prevent a potential rail shutdown that could have significant economic impacts. Story: Canada is currently in the midst …
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On Wednesday morning, the Bank of Canada announced a reduction in its key overnight lending rate, decreasing it by 25 basis points to 4.5 percent from the previous 4.75 percent. …