Canada Economy
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The Bank of Canada’s key rate rose again. Why another hike in July ‘looks likely’The Bank of Canada raised its benchmark interest rate on Wednesday amid concerns about a hot economy keeping the inflation higher.EconomyJun 7
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Bank of Canada’s rate decision looms. Will the hot economy push it to hike?The Bank of Canada's next interest rate decision on Wednesday is being hotly debated. Will it hike again, or remain on hold? Here's what economists say.EconomyJun 6
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Bank of Canada will ‘actively’ talk about rate hikes after GDP surprise, experts sayThe first-quarter GDP figures are the final major economic release on the docket before the Bank of Canada's interest rate decision on June 7.EconomyMay 31
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Fears of bad loans show up in CIBC, RBC and TD Bank earningsTD, RBC and CIBC continued all put aside more money for loans that could go sour in the latest quarter amid continued economic uncertainty.EconomyMay 25
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Canada has the highest household debt level in G7, housing agency warnsCanada's housing agency says the country has the highest level of household debt in the G7, making its economy vulnerable to a global economic crisis.MoneyMay 23
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Are Canadian banks under pressure? What to know ahead of earnings this weekCanadian banks are expected to report a rise in bad debt provisions and highlight risks from commercial property loans when they report earnings this week.EconomyMay 23
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Retail sales fell in March as consumers spent less on gas, new carsCore retail sales - which exclude gasoline stations and fuel vendors and motor vehicle and parts dealers - rose 0.3 per cent in the month.ConsumerMay 19
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Digital loonie? Bank of Canada wants your thoughts on potential new currencyThe Bank of Canada has launched an online public consultation on the features that could be included in a digital loonie, but also reiterated cash isn't going anywhere.EconomyMay 8
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Alberta wildfires: Energy companies curtail production as thousands evacuatedThe curtailments come as several thousand people have been ordered to leave their homes as more than 100 wildfires burn across Alberta.EconomyMay 8
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Is Canada heading for a ‘jobful recession’? What the latest data showsAn uptick in part-time work could be a sign that Canadian employment remains steady but weaker even if the economy contracts this year, one expert says.EconomyMay 5
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