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The Bank of Canada and other key economic forecasters anticipate that unemployment will continue to rise into 2026.
Prices are still falling with the benchmark (typical) new single-family home, down 5.4% to $1.53 million in April, and condos ...
Since June 2024, interest rates have trended down from a two-decade high, yet remain above the historically low levels seen during the pandemic. Approximately 1.2 million Canadian mortgages will renew ...
Slowly, then all at once…job losses ‘unexpectedly’ leaping across many sectors.
Yesterday, the Bank of Canada (BoC) held its overnight rate target at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. They did not ease monetary conditions while noting that domestic ...
The idea that re-shoring manufacturing will increase good-paying jobs in North America faces some challenges from growing automation. Corporations focus on maintaining and increasing profit margins, ...
China’s Caixin purchasing managers’ index unexpectedly fell in May to 48.3 (sub-50 signals contraction) as US tariffs took a toll on smaller exporters. The consensus had expected the gauge to improve, ...
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