Nojoud Al Mallees The Canadian Press - Page 1

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Economy stalled in August, Q3 growth looks to fall short of Bank of Canada estimates

OTTAWA — The Canadian economy was flat in August as high interest rates continued to weigh on consumers and businesses, while a preliminary estimate suggests...

PBO projects deficit exceeded $40B pledge, Liberals won’t say if they’ll meet target

OTTAWA — The federal government likely failed to keep its deficit below the promised $40-billion cap in the last fiscal year, the parliamentary budget officer...

Recent immigrants shut out of strong wage growth as unemployment rises in Canada

OTTAWA — Canada's unemployment rate continued to trend higher in August — reaching 6.6 per cent — as the job market slowdown hits workers and...

Bank of Canada ready to cut faster — or slower — if it needs to, Macklem says

OTTAWA — The Bank of Canada may adjust the pace of interest rate cuts if warranted, governor Tiff Macklem said on Wednesday after announcing a...

China retaliates over EV tariffs with anti-dumping probe into Canadian canola imports

OTTAWA — China has announced an anti-dumping investigation into Canadian canola imports in response to Canada planning to impose tariffs on Chinese-made electric vehicles, steel...

Canada to restrict low-wage foreign workers, consider lower immigration targets

OTTAWA — Prime Minister Justin Trudeau is urging businesses to hire Canadians as his government announces new restrictions to limit the number of low-wage temporary...

Conservatives maintain silence as strife continues between union, railways

OTTAWA — As railworkers push back on the Liberal government's effort to end a labour dispute that ground trains to a halt, the federal Conservatives...

Trudeau says government will have update shortly on solution to rail lockout

OTTAWA — The federal government will have "more to say shortly" on what it's doing to resolve a lockout at Canada's two biggest rail companies,...

Canada’s inflation rate falls to 2.5%, paving way for another interest rate cut

OTTAWA — Canada’s annual inflation rate fell to 2.5 per cent last month, matching economists' forecasts and solidifying expectations for a third consecutive interest rate...

Bank of Canada cuts key interest rate for first time in more than four years

OTTAWA — The Bank of Canada cut its key interest rate for the first time in more than four years Wednesday, marking a major turning...

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