Jack Manley of J.P. Morgan Asset Management sees potential for economies to get back in sync in 2024
Jack Manley of J.P. Morgan Asset Management sees potential for economies to get back in sync in 2024
The recovery after stringent pandemic restrictions were lifted was short-lived
CIBC, RBC, Scotiabank and TD have all cut staff this year
Economists expect Bank of Canada to remain on hold amid economic weakness
Banks are slowing the pace of new lending and setting aside more money for bad loans
Fourth straight weekly drop for the rate, which a year ago averaged 6.58%
Bank of Canada governor makes remarks day after new inflation numbers show Canada's inflation rate fell to 3.1% in October
The government plans to lift federal taxes on psychotherapy and counselling
A slowing economy and high inflation mean the government has little room to operate