Yesterday’s inflation report showed Canadian CPI rising 2.4% year-over-year, slightly above market expectations of 2.2%, and just above CIBC’s forecast of 2.3%. While the number came in a bit hotter than expected, it…
The recent surge in gold and silver prices has sparked renewed debate among investors: is this just another short-term rally, or the beginning of a longer structural trend? In a…
In recent days, many Iranian-Canadians have expressed concern about their bank accounts being closed or frozen. Some even connect this issue to the so-called “snapback mechanism.” But is there really…
Canada’s housing market showed signs of renewed activity in June, with home sales increasing for a second consecutive month. However, economists remain cautious about declaring a full recovery. According to…
The Trump White House had ambitiously pledged to secure “90 deals in 90 days” following a partial pause in implementing what President Trump referred to as “reciprocal” tariffs. However, in…
Analysts say tariffs are coming, but the details will hold crucial clues for investors. There is a growing likelihood that U.S. President Donald Trump will introduce a 25% tariff on…
The Bank of Canada has implemented its third consecutive rate cut, reducing its key interest rate to 4.25% on Wednesday, citing the ongoing easing of inflation. While the move was…
Canada’s annual inflation rate dropped to a 40-month low of 2.5% in July, aligning with forecasts, while core inflation measures also eased, according to data released on Tuesday. This development…
The unemployment rate in Canada rose to 6.1% in March as more individuals entered the job market and job growth stalled. This development solidifies expectations of a potential interest rate…
A surprising surge in job numbers in the United States has altered the trajectory of currency movements for the current year. After interest rates were raised to their highest level…