News
Canada loses jobs for a second month, leaving door open for more rate cuts
The latest jobs report does nothing to alter the view that the Bank of Canada will lower interest rates further, after cutting in June and July.
A commodity rout is brewing, and Canada will be at the centre of any fallout: Globe
The completed Hebron Oil Platform, before it was towed out to the edge of the Grand Banks off Newfoundland
Baby boomers, international migration and labour force growth
International migration will help offset the effects in the labour market of baby boomers retiring: Statscan
Financial market turmoil could mean lower rates but higher unemployment
Investors may be losing confidence in the ability of global markets to withstand inflation fighting measures.
Trudeau’s TMX conundrum
Prime Minister Justin Trudeau of Canada after a meeting of the North Atlantic Council, Wednesday, July 10, 2024.
Rachel Reeves Plans ‘Canada-Style’ Pension Funds, Times Reports: Bloomberg
The UK is seeking to consolidate about £360 billion of assets from various local governments.
Toronto real estate transactions slip in July; prices steady
Toronto’s housing market stalled in July.
For Trudeau, redistribution politics means something different now than it did nine years ago
The failure of the capital gains tax to resonate reflects how macroeconomic landscape has become the big driver of redistribution
Rail strike looms as major risk to Canadian economy; Feds convene meeting of all parties
Labour Minister Steven MacKinnon has called Monday meeting between management and union