Seeing no signs of recession, bank’s rate-setting council lowers benchmark rate from 3.5% to 3.25% — its third reduction since June
Canadian investors add foreign stocks, while domestic debt lures offshore buyers
Easing interest rates, coupled with rising geopolitical risk, boost outlook
Provinces hard hit by higher rates forecast to drive recovery
Led by fall in sales in the primary metal and petroleum and coal product subsectors
Seasonally adjusted annual rate of housing starts was 223,808 units in September, up from 213,012 in August
Consumer prices rose 1.7% in September, down from 2.2% the previous month, cementing expectations for another rate cut
Ratings dropped amid concerns about bank's risk management
Bank of Canada's interest rate cuts haven't spurred expected improvement
The reading raises the odds of a 50-basis-point rate reduction by the Bank of Canada
Two-thirds of countries had above-average employment rates
CPI surprises largely temporary, shouldn't derail monetary easing
Bank has flexibility to pivot, cushioning the impact of regulators' sanctions
Canadians said they're reducing spending, putting off buying big-ticket items
Banks' restructuring, expansion efforts seen closing gap with U.S. giants
Proxy voting policy survey highlights issues for upcoming AGM season
Institutional investors increasingly interested in digital assets, survey finds
The unemployment rate fell to 6.5%: StatCan
Richest households capture largest share of gains in second quarter
Filings eased a bit in September, but remain on pace to exceed 2023: S&P
Rentals.ca and Urbanation says average asking rents in September were up 2.1%
Re/Max report says pent-up demand is expected to fuel stronger market activity by spring 2025
Wealthier households, however, have seen their purchasing power rise since 2022
Emerging market emissions rise, offsetting advanced economy improvements
Strains are easing, but Vancouver remains in "crisis territory," RBC Economics says