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    Canada central bank retains key lending rate at 5 per cent

    Canada central bank retains key lending rate at 5 per cent

    06 Sep 2023

    Canada’s central bank on Wednesday held its key lending rate at five per cent, pointing to a weakening economy harmed by record wildfires over recent months. “The Canadian economy has...

    Canada’s economy likely to decline by 0.2 per cent in June

    Canada’s economy likely to decline by 0.2 per cent in June

    28 Jul 2023

    Canada’s economy grew by 0.3 per cent in May, in line with expectations, as demand for services overshadowed the impact of raging wildfires on the energy sector, Statistics Canada data...

    Canada’s annual inflation rate eases in March to 4.3 per cent

    Canada’s annual inflation rate eases in March to 4.3 per cent

    23 Apr 2023

    Canada’s annual inflation rate eased in March to 4.3%, its slowest pace in 19 months but still more than double the Bank of Canada’s 2% target, data showed. The headline...

    Canadian central bank’s action likely soon after job losses rise

    Canadian central bank’s action likely soon after job losses rise

    07 Feb 2021

    Canada lost far more jobs than expected in January, with the declines driven by coronavirus lockdowns in populous Ontario and Quebec, while the unemployment rate rose sharply, Statistics Canada...

    Bank of Canada’s low rate plan could spur housing speculators

    Bank of Canada’s low rate plan could spur housing speculators

    19 Jul 2020

    The Bank of Canada (BoC) Governor Tiff Macklem’s reassurance that interest rates will remain low for at least two years could unleash a wave of speculative demand in the country’s...

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