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Month: July 2025

Canada’s economy ‘treading water’ after GDP dropped for 2nd straight month

July 31, 2025August 7, 2025Admin0

One of the factors that helped boost the arts, entertainment and recreation sector? The NHL playoffs, which had three Canadian teams, Statistics Canada said.

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Bank of Canada holds interest rates, citing ‘clouded’ economic outlook

July 30, 2025August 7, 2025Admin0

The Bank of Canada updated its monetary policy Wednesday, and held its key lending rate at 2.75 per cent for the third straight meeting.

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Provinces’ deficits could shrink in coming years despite trade war: report

July 29, 2025August 7, 2025Admin0

Most provinces have put up contingency funds in this year’s budgets to support workers and critical industries through the tariff dispute.

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Will the Bank of Canada and U.S. Fed cut interest rates this week?

July 28, 2025August 7, 2025Admin0

Monetary policy announcements from central banks in Canada and the United States are scheduled for July 30, and most economists are expecting no changes to borrowing costs.

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Will Bank of Canada cut rates next week? How new data factors into the call

July 21, 2025August 7, 2025Admin0

Most business owners are feeling less pessimistic about a potential recession than earlier this year, but still say they’re feeling ‘subdued.’

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U.S. House passes cryptocurrency bill, sends to Trump’s desk

July 17, 2025August 7, 2025Admin0

The United States is moving closer towards the easing of regulations in cryptocurrency industry with one of several bills passed by the House moving next to Trump’s desk.

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Wall Street rides roller-coaster after Trump walks back talk of firing Powell

July 16, 2025August 7, 2025Admin0

Stock markets in North America, especially in the U.S., are riding a roller-coaster Wednesday as President Trump floats the idea of firing Federal Reserve Chair Jerome Powell.

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How Canada’s oil sands transformed into one of North America’s lowest-cost energy producers

July 16, 2025August 7, 2025Admin0

As world oil prices continue their wild ride, energy experts say technology and cost-cutting have made Canadian oil sands amongst the lowest cost producers of oil in North America.

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Porter Airlines cabin crew files application to certify union: CUPE

July 14, 2025August 7, 2025Admin0

The Canadian Union of Public Employees says cabin crew at Porter Airlines have filed a union certification application with the Canada Industrial Relations Board.

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Americans now view this figure as the benchmark for being wealthy

July 11, 2025August 7, 2025Admin0

The average net worth that Americans feel is needed to qualify as wealthy has surprisingly declined, compared to last year, though it is still an eye-popping figure, Charles Schwab found. The financial services company said in the latest edition of its “Modern Wealth Survey” that Americans now view $2.3 million as the benchmark for counting […]

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