Stronger than expected June jobs numbers quash BoC rate cut odds
Economists still expect two rate cuts later this year
- By: Craig Lord, The Canadian Press
- July 11, 2025 July 11, 2025
- 13:11
Economists still expect two rate cuts later this year
A weak U.S. dollar and President Donald Trump's pro-crypto policies have helped to push the price upward
Most of the jobs were part-time; 47,000 positions were added in the private sector
The higher rates would kick in Aug. 1; PM continues work on a new deal
Trump has warned 22 countries that steeper tariffs will be imposed starting Aug. 1
Canadians were still travelling in June, just not to the U.S.
As ETFs lure retail investors, private credit's advantages could be in peril
Watchdog says bank will disburse less than half of $35-billion goal
High supply and low demand leave condo owners in real estate limbo
Claims remain in historically healthy range as labour market shows resilience
The sector delivered $842 million in M&A deal value in 2024, but the biggest winners were international investors
Canadian copper miners ship primarily to China
Delinquencies rising among non-mortgage borrowers
Turnover rent gaps and long tenancies contribute to worsening affordability
The president said the tariffs will kick in Aug. 1, via social media
Insolvencies on the rise, led by the consumer sector, OSB reports
U.S. president also signals duties on pharmaceuticals coming within a year
Bankruptcy filings increase amid a weakening economy and job market: S&P
However, monthly insolvency filings rose slightly from April
Canada hopes to sign trade pact this year
Report warns the changes won’t offset impact of U.S. tariffs
Tariffs to take effect Aug. 1 as U.S. president cites trade gaps
Ottawa is working toward a bilateral deal with the U.S. by July 21
Potential pipeline, rail routes would link provinces using Ontario-made steel