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Bank of Canada survey shows weak business conditions persist
Bank of Canada Governor Tiff Macklem
Canada’s Freeland Hints at Broader Trade Action Against China: Bloomberg
Minister of Finance Chrystia Freeland speaks at a news conference before the tabling of the Fall Economic Statement, in Ottawa, on Tuesday, Nov. 21, 2023.
June inflation data could open door to 2nd Bank of Canada rate cut: Global
Statistics Canada is due to release June inflation data on Tuesday.
Canadian housing market shows ‘signs of life’ in June; sales up 3.7%
Prices climbed in June. the first month-over-month increase in almost a year, CREA said.
U.S. inflation broadly cools, bolstering case for Fed rate cut: Bloomberg
U.S. inflation cooled in June to the slowest year-over-year pace in three years.
Quebec needs to fix proposed law that seeks to avert 2027 power shortfall: Globe
A bill tabled by the Legault government in June to find a solution to Quebec’s energy shortfall doesn’t go far enough to ensure the province’s future needs.
Russia overtakes Canada as top peas exporter to China: Reuters
Canada has lost its dominant position as the largest exporter of peas to China.
Canada bank regulator delays capital requirement increase
OSFI will delay the imposition of tighter capital requirements on Canadian banks by a year.
With global race to decarbonize electricity sector, demand for skilled nuclear workers heats up: Globe
Demand for nuclear engineers and scientists, as well as technicians, machinists and certified tradespeople is on the rise, the Globe reports.
Carney speculation offers summer mirage amid corporate Canada's policy gloom
Mark Carney, a towering figure in Canadian public policy over the past two decades, has the distinction of having served as governor of both the Bank of Canada and the Bank of England. His name has also circulated as a potential Liberal leadership contender to succeed Trudeau, writes Theo Argitis.
Weakness in Canada’s jobs market deepens
Canada’s jobless rate rose to6.4 per cent in June, the country’s statistics agency reported.