Canada Services PMI Slips Deeper Into Contraction in August at 46.8
By Robb M. Stewart Activity in Canada's services industry continued to weaken last month as uncertainty was still weighing on confidence and sales, data released Thursday showed. The S&P Global
GLOBAL X INVESTMENTS CANADA INC. S&P/TSX CAPPED COMPOSITE INDEX CORPORATE: INTERIM MANAGEMENT REPORT OF FUND PERFORMANCE FR
GLOBAL X INVESTMENTS CANADA INC. S&P/TSX CAPPED COMPOSITE INDEX CORPORATE: INTERIM MANAGEMENT REPORT OF FUND PERFORMANCE EN
GLOBAL X INVESTMENTS CANADA INC. S&P/TSX CAPPED COMPOSITE INDEX CORPORATE: INTERIM FINANCIAL STATEMENTSREPORT FR
GLOBAL X INVESTMENTS CANADA INC. S&P/TSX CAPPED COMPOSITE INDEX CORPORATE: INTERIM FINANCIAL STATEMENTSREPORT EN
Canadian Dollar Faces Renewed Downside Risk as Trade War Escalates, Corpay Says
The Canadian dollar faces renewed downside pressure as trade tensions with the US escalate, according to Corpay in a Wednesday note.
Canadian Dollar Struggles to Recover as US Trade Risks Persist, Commerzbank Says
The Canadian dollar remains one of the weakest-performing G10 currencies despite signs of improvement in the domestic economy, with US trade policy continuing to pose the biggest risk, according to Commerzbank Research in a note Tuesday.
Canada Existing Home Sales Continue to Pick Up, Edging Ahead 0.5% in July
Canada's housing market continues to show signs of recovery, with sales nudging up again last month even as new listings continue to retreat and prices notched the first, slim increase in more than a year and a half.
UBS Sees US Dollar-Canadian Dollar Exchange Rate Having Room to Rise Toward 1.425
UBS Investment Research said it favors buying the US dollar-Canadian dollar exchange rate, with a target of 1.425 and a stop-loss at 1.38.
Loonie Outlook Improves as US Dollar Weakness Offsets Limited Bank of Canada Tightening, ING Says
The Canadian dollar outlook is improving as broad US dollar weakness provides support for the loonie, despite limited expectations for Bank of Canada rate hikes, ING Global Markets Research said in a Thursday note.
Canada's Gov't Approves Big Nickel Mine in Northern Ontario as Part of Ottawa's Push for Major Projects
Canada's government has approved the development of what promises to be the largest nickel mine in the Western world, part of Ottawa's efforts to fast-track major projects it hopes will bolster the economy and counter pressures from U.S. tariffs.
Canada Inflation Cools to 2.8% in June as Gasoline Decelerates
Canadian inflation eased last month as drivers saw some relief at the pumps.
Express News | Sources: Iran has officially suspended U.S.-Iran negotiations.
According to the latest report from TASS, a senior Iranian source stated that Iran has officially suspended negotiations with the United States on a final settlement due to threats from the U.S. side.
Canada to Begin Talks to Buy Up to 12 German-Made Submarines
By Paul Vieira OTTAWA--Canada said it would begin negotiations with ThyssenKrupp's naval division TKMS to purchase up to 12 submarines in the latest sign of Ottawa's intent to ramp up defense
Bank of Canada 'Dilemma' Solved as Oil Prices Fall Below Pre-Iran War Levels, Rosenberg Research Says
The Bank of Canada's June Summary of Deliberations highlighted a key policy trade-off "dilemma" between responding to rising inflation and supporting economic growth, which Rosenberg Research said has been resolved.
Canadian Dollar Weakens as Yield Spread Widens, Bank of Canada Seen on Hold, Says SocGen
The Canadian dollar weakened versus its US counterpart, driven by widening interest rate differentials, Societe Generale Economics said in a note on Tuesday.
Central Banks Remain In Gold-Acquisition Mode, Says National Bank
A recent European Central Bank paper provides a timely reason to revisit central banks' growing preference for gold, with persistent geopolitical tensions continuing to support strong official demand in 2025, said National Bank of Canada.
Bank of Canada's Monetary Hold Signals Balancing Risks From Oil Prices and Trade, Says TD
The Bank of Canada held its policy rate at 2.25% on Wednesday, noting that maintaining the current setting balances the competing risks of economic weakness and rising inflation, said TD.
Bank of Canada Holds Interest Rates Steady As Officials Grapple With Policy Dilemma
The Bank of Canada left its policy rate unchanged on Wednesday at 2.25%, with Gov. Tiff Macklem saying this marked the best approach to addressing the dual-side risks of a weak economy and higher energy prices.
Bank of Canada to Leave Policy Rate Unchanged Amid Recession Talk, WSJ Survey Says
The Bank of Canada is likely on Wednesday to leave its main interest rate unchanged in a fifth straight decision, as policymakers deal with an economy flirting with a recession and at risk of higher inflation due to energy costs.