Bank of Canada May Need Another Big Rate Cut to Adjust for Slow Growth, Economists Say
In its monetary policy report the bank revised down its estimate of annualized third-quarter GDP to 1.5% from 2.8% in July.
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Lithium Americas (Argentina) Corp. (NYSE:LAAC): Among The 10 Oversold Canadian Stocks to Buy Right Now
The company projects GDP growth of 1.2% in 2024 before accelerating to 2.0% in 2025. The firm went on to say that the Bank of ...
USD / CAD - Canadian dollar shrugs off rate cut
Bank of Canada cuts rates 50 bps and indicates more cuts to come. • Eurozone and UK ignoring PMI reports. • US dollar is ...
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Northern Trust Pension Universe Data: Canadian Pension Plan Returns Boosted by Robust Financial Markets During the Third Quarter
Canadian pension plans benefited from a strong finish to the quarter by both stocks and bonds, according to the Northern Trust Canada Universe. The median Canadian Pension Plan returned 4.8% for the ...
BoC's deeper cut aims to reignite housing market
The BoC's deeper cut aims to reignite the housing market, Karl Schamotta, chief market strategist with Corpay gives his ...
How the U.S. election can impact the currencies
Karl Schamotta, chief market strategist with Corpay, joins us and gives his reaction on how the U.S. election can impact the ...