Transaction is valued at $53 million and follows an April announcement from Desjardins
Despite initial cut, monetary policy remains restrictive, and economy faces other headwinds
Hard-hit sectors likely to feel the brunt of a decline in cheap labour
Desjardins says the transaction "does not call into question our business relationship with Fiera"
Risks remain to the downside for economy, Desjardins says
Curbing temporary workers to ease pressure on housing will hurt growth
Desjardins and CIBC examine both near- and long-term challenges
Firms were allowed to collect trailers before the CSA ban, court rules
Commodity producers to hold up better than interest-sensitive regions
Lagging effect of higher rates likely to bite this year, report says