The Bank of Canada is expected to preach patience at its interest rate announcement this week as economists say weakening economic conditions are setting the stage for rate cuts in the coming months.
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Labour market gains 41K jobs in Canada, supports Bank of Canada holding rates for longerStatistics Canada said February's increase in the labour market was driven by a rise in full-time work.
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Canada's labour market blows past expectations, could keep BoC on hold longerThe increase in jobs was due to more part-time work.
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Bank of Canada to discuss balance sheet normalization next month, says CFA SocietyBank of Canada (BoC) Deputy Governor Toni Gravelle will discuss normalization of the central bank's balance sheet in a speech on March 21, the CFA Society of...
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Bank of Canada expected to hold interest rates this weekThe Bank of Canada is expected to preach patience at its interest rate announcement this week as economists say weakening economic conditions are setting the stage for rate cuts in the coming months.
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Ontario premier calls on Bank of Canada to start lowering interest ratesOntario Premier Doug Ford says the people “need a break” from high interest rates, a day before the Bank of Canada announcement.
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'It's still too early': Bank of Canada holds benchmark rate, reiterates risk to inflation outlookThe decision marks the fifth time that the central bank has held its key rate at 5 per cent.
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