A senior Bank of Canada official says the need to improve productivity has reached an emergency level as the economy faces a future where inflation may be more of a threat than in the past few decades.
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Need to improve Canadian productivity has reached emergency level, BoC official saysHALIFAX — A senior Bank of Canada official says the need to improve productivity has reached an emergency level as the economy faces a future where inflation may be more of a threat than in the past few decades.
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Canadian Premier League's Cavalry FC and Vancouver FC to Kick Off Canadian ChampionshipThe Canadian Premier League's Cavalry FC and Vancouver FC will kick off the Canadian Championship on April 23 in Calgary. Major League Soccer's Toronto FC will also take on League1 Ontario's Simcoe Country Rovers FC at Toronto's BMO Field on April 24. The preliminary stage will wrap with the CPL's HFX Wanderers hosting Ligue1 Quebec's CS St-Laurent on May 2. The six preliminary stage winners will advance to the quarterfinals, joined by reigning champion Vancouver Whitecaps and runner-up CF Montreal, both of whom received byes.
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Battle for Canadian bank deposits seen heating up as rate cuts loomThe big Canadian banks benefited from the $350-billion pandemic-era savings, most of which found its way into GICs. Now that pot of cash is likely to seek a new home unless banks pay up to retain deposits
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Analysis-Battle for Canadian bank deposits seen heating up as rate cuts loomCompetition for customer deposits among Canadian banks is expected to intensify with the likely onset of lower interest rates as clients divert funds parked ...
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China central bank has room to cut bank reserves ratio further, deputy governor saysThe deputy governor of China's central bank said on Thursday there is ample monetary policy room to deliver further cuts to banks' reserve requirement ratio...
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BoC 'late' to cut rates, private sector 'starting to buckle': chief market strategistA chief market strategist says the Bank of Canada is late in bringing interest rates lower and says policy is driving inflation above the two per cent target.
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