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Canada Jobless Rate Jumps In Nov. To 8-year High
Canada's 6.8% jobless rate boosts bets for 50-point interest rate cut
Canada had 1.5 million unemployed people in November, propelling its jobless rate to a near-eight-year high outside of the pandemic era and boosting chances of a large interest rate cut on Dec. 11. The jobless rate rose to a more than expected 6.
Canada Jobless Rate Jumps In November To 8-year High
Canada's unemployment rate jumped 0.3 percentage points to an eight-year high of 6.8 percent in November as more people looked for work, the national statistical agency said Friday.
50 bps Bank of Canada rate cut 'seems more likely': Economists on the jobs numbers
November’s job numbers — the final piece of data the Bank of Canada is waiting on to help inform its interest rate decision next week — showed the economy gained 51,000 positions, well ahead of analyst estimates of 25,
Canada's economy expands by just 1%, chances of big rate cut jump
Canada's economy grew at an annualized rate of just 1% in the third quarter, less than what the Bank of Canada had predicted, prompting currency markets to boost bets for a jumbo rate cut next month.
7h
Canada’s economy ‘looks pretty weak’ following unemployment figures: CIO
Following a spike in Canada’s unemployment rate last month, one chief investment officer says borrowing costs need to come ...
3d
on MSN
Trump reportedly told Justin Trudeau that Canada should become the 51st state if it can’t deal with tariffs
Trump, 78, made the quip during a three-hour-long dinner with Trudeau at his Mar-a-Lago estate on Friday – a meeting prompted ...
3d
on MSN
Trump reportedly jokes Canada could be 51st U.S. state if tariffs wreck economy
Trump outlined his plans to place 25% tariffs on all Canadian goods imported into the U.S., in a meeting with Trudeau at ...
8h
Mexico doing all it can to protect trade agreement with US, Canada, official says
Mexico is doing everything it can to protect a regional trade agreement with the U.S. and Canada, the Latin American nation's ...
3d
on MSN
Trump suggests Canada become 51st state after Trudeau said tariff would kill economy: sources
President-elect Trump told Canadian Prime Minister Justin Trudeau his country should become the 51st state if it can't fix ...
3d
How Canada Would Compare to Other 50 States After Reported Trump Comments
While Canada and the U.S. are close neighbors and historically close allies, it is very unlikely Canada will become the ...
3d
I moved from Toronto to NYC and have no plans to return to Canada. I prefer life in the US.
Jeremy Berke was born and raised in Toronto but moved to NYC at an early age and says life in the US, while not perfect, is ...
1d
on MSN
Bernie Sanders embraces Canada joining the US as the 51st state after Trump reportedly suggested the idea
Vt., said on Tuesday that he is open to the idea of Canada becoming the 51st state after President-elect Donald Trump suggested that idea to the Canadian prime minister.
1d
Mexico and Canada Scrambling to Impress Trump
With Donald Trump's incoming government set to place higher tariffs on Canada and Mexico, authorities in both countries are ...
Skift
2d
Air Canada Toughens Bag and Seat Rules for Basic Economy Travelers
Air Canada updates its basic economy fare rules, tightening carry-on and seating policies from January, with new fees for ...
8h
Canada's unemployment rate rises to 6.8%, raising odds of jumbo interest rate cut
Unemployment was up in most of Canada’s major cities, with Windsor recording the highest jobless rate at 8.7 per cent.
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Presidential transition of Donald Trump
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