Canada's economy expands by just 1%, chances of big rate cut jump
Canada's economy grew at an annualized rate of just 1% in the third quarter, less than what the Bank of Canada had predicted, prompting currency markets to boost bets for a jumbo rate cut next month.
Canada's economy misses BoC forecast, pushing up odds of jumbo rate cut in December
"Living standards are falling, policy is still restrictive, and inflation is at target – there is no convincing argument in the data as to why the Bank of Canada shouldn’t keep going at a 50 basis point pace in December," said Kyle Chapman, FX market analyst at the London, U.K.-based Ballinger Group.
Canada Growth Slows to 1% in Third Quarter
Canada’s economy lost steam in the July-to-September quarter with a fall in business investment and exports, likely leaving room for the central bank to continue lowering interest rates to help spark growth.
VIEW Canada's economy expands by 1% in the third quarter
Canada's economy grew as expected at an annualized rate of 1% in the third quarter, according to data released on Friday, helped by household and government spending and partly offset by lower business investments and exports.
Canada Economic Growth Slows To 1.0% In Third Quarter
Canada's economic growth slowed in line with expectations to 1.0 percent in the third quarter, the national statistical agency said Friday.
Canada's economy grew 1% in the third quarter from higher government, household spending
The Canadian economy grew at an annualized rate of one per cent in the third quarter, Statistics Canada said on Friday.
Instant view: Canada's economy expands by 1% in the third quarter
Canada's economy grew as expected at an annualized rate of 1% in the third quarter, according to data released on Friday, helped by household and government spending and partly offset by lower business investments and exports.
Canada's economy misses BoC forecast, expanding 1 per cent annually in the third quarter
Canada's economy grew 1 per cent annually in the third quarter, Statistics Canada said on Friday, as real gross domestic product (GDP) expanded by 0.1 per cent in September. The quarterly results were in line with economist expectations.
Canada's economy up 1.0% annualized in Q3, October GDP likely up 0.1%
Canada's economy was up 1.0% on an annualized basis in the third quarter, in line with analysts' expectations, as higher ...
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Rising onward migration of skilled immigrants threatens Canada’s economy
Canada is facing an increasing challenge as a growing number of skilled immigrants, including permanent residents, are leaving the country.
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The Daily Chase: More evidence Canada’s economy is slowing
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Trump's tariffs on Mexico, Canada would sharply boost inflation, hurt economy, experts say
President-elect Donald Trump's threatened tariffs on imports from Mexico and Canada would reignite inflation in 2025, hurt ...
Dal3d
Ask an expert: Could Canada's economy really get crushed by Trump's threatened tariffs?
U.S. President-elect Donald Trump's proposals for massive tariffs on Canadian goods has spooked many. Dr. Brian Bow explains ...
How Trump’s Tariffs Could Impact Top Imports From Mexico, Canada, and China
Economists worry that Trump's tariff plan will raise the prices of a range of imported goods, from cars to electronics.
For Canada, Trade Tumult From Trump’s Return Has Begun
While the president-elect says he will impose a 25 percent tariff on everything Canada exports, Trudeau remains confident ...