David Tulk, institutional portfolio manager, Fidelity Investments Canada ULC, discusses the recent Bank of Canada irate hike, the likelihood of a further hike this year, and signs of slowing economic growth.
Rise in benchmark short-term rate to 0.75% is aimed at curbing inflation
Statistics Canada says sales fell in four of nine subsectors
The Canadian dollar traded for 72.60 cents US, up slightly from Wednesday
Rating agency sees an array of risks lurking under a placid surface
The increase is part of an effort to beef up anti-money laundering measures
CFTC pays second award of 2025, SEC's payouts out of the spotlight
Plus, a new TD partnership, and Toronto fintech becomes dark pool partner