Q&A: What today’s interest rate decision means
Experts weigh in on the Bank of Canada's intentions
- By: The Canadian Press
- September 6, 2023 September 6, 2023
- 15:12
Experts weigh in on the Bank of Canada's intentions
Unemployment rate of 6.7% forecast, with anticipated job losses of about 50,000
Canada's merchandise trade surplus with the United States rose to $7.4 billion
Report finds about 45% of students expect to graduate with up to $20,000 in debt, a jump from 30% in 2013
Numbers reflect higher borrowing costs and uncertainty about the economy
Central bank says it's ready to raise interest rates further if needed
The CFA Institute outlined trends for the next decade, including product personalization and active management
Cash ETFs remain popular while energy funds see historic outflows, according to National Bank Financial
Firms make token effort to raise standards, cling to suitability, NASAA finds
Leverage and liquidity risks lurk alongside rising financial stresses
Prices are still expected to rise in Toronto, Calgary and Sudbury
Most forecasters are convinced the central bank will stay on the sidelines this week
Food and energy prices eased, but core inflation remained stubbornly high
'Hot print' from Micron Technologies boosted enthusiasm for tech stocks, says portfolio manager
Central bank sees slowdown in wage gains from collective agreements
Rise in benchmark short-term rate to 0.75% is aimed at curbing inflation
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Execs that previously pleaded guilty in fraud case accept regulatory sanctions
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
QAFP exam has one more sitting before title protection transition ends
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
More than 300 new products landed in 2025 — a new record