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By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada on Tuesday said recent volatility in headline inflation is not unusual but the underlying trend shown by core measures was...
Canadian households are dealing with a surge in inflation, the fastest in four months, as gasoline and housing costs continue to rise. The consumer-price index (CPI), a key measure of inflation,...
On Monday, the S&P/TSX composite index, Canada's main stock index, experienced a significant decline due to losses in technology and base metal stocks. The index fell by almost 130 points to close at...
Canadian credit card balances reached an all-time high of $107.4 billion in Q2 2023, indicating increasing financial stress due to inflation and rising interest rates, according to a report by Equifax...
By David Ljunggren OTTAWA (Reuters) - The Canadian government of Prime Minister Justin Trudeau, under pressure over a lack of affordable housing, on Wednesday told cities to do more and said those...
By David Ljunggren and Steve Scherer OTTAWA (Reuters) - Canada's economy added almost three times the number of jobs expected in August and wage growth accelerated, data showed on Friday, a sign of...
(Reuters) - Canada's economy gained a net 39,900 jobs in August, largely in full-time work, and the jobless rate held at 5.5%, Statistics Canada data showed on Friday. Employment in the goods...
TORONTO (Reuters) - The head of Canada's banking regulator said on Thursday its mortgage stress test was "imperfect" and "incomplete" as homeowners on a variable rate mortgages struggle to repay...
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -Bank of Canada Governor Tiff Macklem on Thursday said interest rates may not be high enough to bring inflation back down to target, sending a...
By Fergal Smith TORONTO (Reuters) - Analysts have cut their bullish near-term forecasts for the Canadian dollar as China's economy weakens and the gap between U.S. and Canadian bond yields grows, but...
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