A Tale of Two Central Banks: Contrasting Policies of Canada and the U.S.
Fatih Sahin In a striking divergence in monetary policy, the central banks of Canada and the United States have taken…
Economy
Canada’s International Investment Position
Canada’s net international investment position (NIIP), the balance between its international financial assets and liabilities, has seen a…
April 2024 Sees Record Surge in Canadian Building Permits
The latest data from Statistics Canada indicates a significant increase in the total value of building permits across…
Liberals Trigger Vote on Capital Gains Tax Motion
The Liberal government has initiated a decisive step toward implementing changes to the capital gains tax following the…
CBSA Border Services Workers Push for Fair Contract Amid Potential Strike
Over 9,000 Canadian Border Services Agency (CBSA) employees are set to be in a legal strike position as…
Mixed Signals in Canada’s Labour Market
In May 2024, Canada’s labour market showed mixed signals, with modest employment gains but a slight uptick in…
The Bank of Canada Cuts Benchmark Interest Rate
Yesterday, the Bank of Canada has cut its benchmark interest rate from 5% to 4.75%, marking its first…
Canada’s Trade Deficit Narrows in April 2024
Canada’s international merchandise trade landscape showed positive developments in April 2024, with a notable increase in exports and…
Bank of Canada Cuts Interest Rate to 4.75%
In a highly anticipated move, the Bank of Canada has announced a cut in its key interest rate…
Will the Bank of Canada Cut Interest Rates Amid Economic Slowdown?
The Bank of Canada is widely anticipated to announce a reduction in the key interest rate during its…