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Stay current with all the latest and breaking news about Bank of Canada, compare headlines and perspectives between news sources on stories happening today. In total, 118 stories have been published about Bank of Canada which Ground News has aggregated in the past 3 months.

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Canadian Economy · Canada

Canadian economy contracts 1.6% in Q2 as tariffs hit, StatCan says

62% Left coverage: 34 sources

Canada's economy contracted in the second quarter by a much larger degree than anticipated on an annualized basis as U.S. tariffs squeezed exports, but higher household and government spending cushioned some of the impact, data showed on Friday. See the Story

Stock Markets · Bradford West Gwillimbury

S&P/TSX composite, U.S. markets rise ahead of labour data on both sides of border

100% Left coverage: 7 sources

Stock markets in Canada and the U.S. finished in solidly positive territory as investors on both sides of the border awaited fresh jobs news that could portend possible interest rate cuts. The S&P/TSX composite index was up 164.See the Story

Bank of Canada · Canada

‘Exceptionally Weak’ Jobs Report Prompts Markets, Economists to Revise Expectations for Next BoC Rate Decision

34% Center coverage: 3 sources

Monetary easing now seen in less than two weeks See the Story

Lenders Flip Bank of Canada Calls to Cuts After Ugly Jobs Report

100% Right coverage: 1 sources

Two of Canada’s largest lenders now see the Bank of Canada cutting borrowing costs later this month after a worse-than-expected jobs report.Bank of Canada · Canada Read Article

Canada Sheds 66K Jobs as Carney Vows to Bring in More Foreign Workers - Daily Telegraph NZ

Image – Statistics Canada. Canada shed 66,000 jobs in August, following 41,000 losses in July, pushing unemployment to 7.1%—the highest level since May 2016 outside the ‘pandemic’. Ontario was hit hardest, losing 26,000 jobs, while 31,000 people left the labour force altogether. Over the past year, Canada’s population has grown by 649,000 but only 212,000 jobs were created, leaving 1.6 million Canadians unemployed and youth joblessness at 14.5%.…Bank of Canada · Canada See the Story

‘Exceptionally Weak’ Jobs Report Prompts Markets, Economists to Revise Expectations for Next BoC Rate Decision

34% Center coverage: 3 sources

Monetary easing now seen in less than two weeksBank of Canada · Canada See the Story

S&P/TSX composite, U.S. markets rise ahead of labour data on both sides of border

100% Left coverage: 7 sources

Canadian Dollar Hits Six-Day Low as Investors Weigh Prospect of Bank of Canada Rate Cut

100% Center coverage: 1 sources

Loonie trades 0.3% lower at 1.3790 per U.S. dollar, or 72.52 U.S. cents, touching its weakest intraday level since last WednesdayBank of Canada · Canada See the Story

Canadian economy contracts 1.6% in Q2 as tariffs hit, StatCan says

62% Left coverage: 34 sources

Bank of Canada Governor says bank will not review 2% inflation target next year

60% Center coverage: 10 sources

The Bank of Canada will not review its inflation target when its monetary policy framework comes up for renewal next year, Governor Tiff Macklem said on Tuesday, saying the current target has helped anchor inflation expectations.Canadian Economy · Canada See the Story

Bank of Canada Aims for Flexibility in Rate-Setting Framework Review, Says Macklem

100% Right coverage: 1 sources

Bank of Canada governor Tiff Macklem says flexibility is key as the bank prepares to review its rate-setting framework in a world undergoing an economic sea change. Macklem on Tuesday discussed the central bank’s upcoming mandate review in remarks prepared for a speech in Mexico City today as the Banco de México celebrates its 100th anniversary. He noted that there is no suggestion the current two percent inflation target would be considered as …Tiff Macklem · Canada Read Article

BCREA: BC RETAIL SALES UP IN MAY

BRITISH COLUMBIA – Canadian retail sales increased by 1.5 per cent to $70.2 billion in June compared to the previous month. Compared to the same time last year, retail sales were up by 6.6 per cent. Furthermore, core retail sales, which exclude gasoline and automobile items, were up 1.9 per cent month-over-month. In volume terms, adjusted for rising prices, retail sales increased by 1.5 per cent in June. Quarterly retail sales rose 0.4 per cent …Bank of Canada · British Columbia Read Article

Bank of Canada aims for flexibility in rate-setting framework review, says Macklem

73% Left coverage: 11 sources

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Top Bank of Canada News

Canadian economy contracts 1.6% in Q2 as tariffs hit, StatCan says

S&P/TSX composite, U.S. markets rise ahead of labour data on both sides of border

‘Exceptionally Weak’ Jobs Report Prompts Markets, Economists to Revise Expectations for Next BoC Rate Decision

Lenders Flip Bank of Canada Calls to Cuts After Ugly Jobs Report

Canada Sheds 66K Jobs as Carney Vows to Bring in More Foreign Workers - Daily Telegraph NZ

‘Exceptionally Weak’ Jobs Report Prompts Markets, Economists to Revise Expectations for Next BoC Rate Decision

S&P/TSX composite, U.S. markets rise ahead of labour data on both sides of border

Canadian Dollar Hits Six-Day Low as Investors Weigh Prospect of Bank of Canada Rate Cut

Canadian economy contracts 1.6% in Q2 as tariffs hit, StatCan says

Bank of Canada Governor says bank will not review 2% inflation target next year

Bank of Canada Aims for Flexibility in Rate-Setting Framework Review, Says Macklem

BCREA: BC RETAIL SALES UP IN MAY

Bank of Canada aims for flexibility in rate-setting framework review, says Macklem

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Breaking News Topics Related to Bank of Canada

Lenders Flip Bank of Canada Calls to Cuts After Ugly Jobs Report

Canada Sheds 66K Jobs as Carney Vows to Bring in More Foreign Workers - Daily Telegraph NZ

‘Exceptionally Weak’ Jobs Report Prompts Markets, Economists to Revise Expectations for Next BoC Rate Decision

S&P/TSX composite, U.S. markets rise ahead of labour data on both sides of border

Canadian Dollar Hits Six-Day Low as Investors Weigh Prospect of Bank of Canada Rate Cut

Canadian economy contracts 1.6% in Q2 as tariffs hit, StatCan says

Bank of Canada Governor says bank will not review 2% inflation target next year

Bank of Canada Aims for Flexibility in Rate-Setting Framework Review, Says Macklem

BCREA: BC RETAIL SALES UP IN MAY

Bank of Canada aims for flexibility in rate-setting framework review, says Macklem