The increase in jobs, the largest since April, gives confidence that Canada can maintain a soft landing until the Bank of Canada’s rate cuts, which began in June, are sufficient for the economy to awaken. … READ MORE >
Canada
New Canadian regulation is set to help level the internet playing field
Canada regulators are pushing for increased competition in the internet space with a new regulation designed to give consumers more choice and competitive pricing, while offering a leg up to smaller telecoms providers seeking to grow their share of the market for internet service.
On Aug. 13, the Canadian Radio-television and Telecommunications Commission issued a new telecom regulatory policy that requires Canada’s three largest telecoms providers—Rogers, Telus and Bell—to give competitors access to their predominant fiber networks for a fee. since May to Ontario and Quebec, the nation’s two largest provinces. … READ MORE >
Canada’s consumer price index hits 2 per cent target
The Bank of Canada will need to continue rate cuts amid disinflation as well as rising unemployment and sluggish growth. … READ MORE >
Immigration and the rebalancing of the Canadian economy
Canada’s shifting immigration policies highlight the delicate balance between addressing short-term economic concerns and safeguarding long-term growth. … READ MORE >
Canada’s job market continued to cool in August
The data in Canada’s labour survey for August paints a picture of a cooling job market as the economy added a mere 22,000 jobs and the unemployment rate rose to 6.6 per cent. … READ MORE >
Bank of Canada cuts its policy rate to 4.25 per cent
Rates need to come down for businesses to start hiring again and to help those workers struggling to find employment. … READ MORE >
With higher capital gains tax rate, Canada renews debate over growth
While raising the capital gains tax rate might help the government boost revenue, it could delay the economic recovery that Canada needs by temporarily discouraging investment. … READ MORE >
Canada’s rail strike disrupts supply chains
Even if the strike is resolved quickly and significant damage is avoided, this strike is the latest of events that highlight the need for companies to develop supply chain resiliency. … READ MORE >
Canada’s inflation fell to 2.5 per cent, solidifying case for rate cut
Inflation numbers have consistently come in below expectations this year and is firmly on track to reach 2 per cent next year. … READ MORE >
Canada’s weak job market supports further rate cuts
Canada’s July jobs report spelled out the need for more rate cuts as the economy shed 2,800 jobs, according to data released Friday by Statistics Canada. … READ MORE >