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  • Blog

Strong Retail Sales Points to July Interest Rate Hike by Bank of Canada

The Bank of Canada has raised interest rates nine times since the start of 2022, from 0.25% to the current…

2 years ago
  • Blog

Bank of Canada Unexpectedly Raises Interest Rates While the Federal Reserve Pauses It’s Rate Hikes

Depending on who you talk to, stocks are either going way up or way down. Right now, the trend is…

2 years ago
  • Blog

Bank of Canada Hikes Interest Rates to the Highest Level in 22 Years

The Bank of Canada surprised some when it resumed its monetary tightening policy, increasing its benchmark interest rate by 25…

2 years ago
  • Blog

TSX Trends Lower as Canadian Economy Heats Up, Sparking Concerns of a Rate Hike

The Toronto Stock Exchange, Canada’s main stock index, is trading at its lowest level since March, as crude oil prices…

2 years ago
  • Blog

Inflation Unexpectedly Heats Up in April—Will the Central Bank Raise Rates?

Statistics Canada surprised the markets when it announced that the country’s inflation rate rose unexpectedly in April to 4.4%. After…

2 years ago
  • Blog

Canadian Dollar Takes Hit as Oil Prices Fall

The Canadian dollar is taking a hit against the U.S. dollar, after positing its biggest decline since March. The Canadian…

2 years ago
  • Blog

Federal Reserve Hikes Rates for the 10<sup>th</sup> Time and Hints at a Pause

The U.S. Federal Reserve continued its inflation fighting ways on May 3 after it lifted its key lending rate by…

2 years ago
  • Blog

Analysts Lower Q1 Earnings Estimates More Than Average for S&P/TSX Composite

First quarter earnings season has begun and the outlook for Canadian stocks is muted, with analysts lowering their first quarter…

2 years ago
  • Blog

Inflation Is Cooling But Markets Still Pricing in an Additional Interest Rate Hike

Statistics Canada announced that Canada’s inflation rate fell to 4.3% in March from 5.2% in February—the slowest pace since August…

2 years ago
  • Blog

Bank of Canada Holds Interest Rate at 4.5% As Inflation Cools

Did The Bank of Canada Raise Interest Rates? Once every quarter the Bank of Canada updates its policy and provides…

2 years ago