Bank of Canada
Canada’s Inflation Report Fuels Speculation Over Future Rate Hikes
The Bank of Canada’s latest inflation report has sparked renewed discussions about the country’s monetary policy direction. After a year of aggressive interest rate hikes aimed at curbing high inflation, recent data suggests that inflation may be stabilizing, though at levels higher than the central bank’s target. Economists are now debating whether the Bank of
Hiring Sentiment Among Canadian Small Businesses
The latest data reveals a concerning trend among Canadian small businesses: a significant decline in hiring sentiment. This decline, marking the lowest levels in over three years, highlights growing apprehension among small business owners about the economic outlook. Small businesses are crucial to the Canadian economy, contributing significantly to employment and innovation. However, various factors
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