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Markets and economists react: Odds of a June BoC rate cut strengthen after inflation data

Canada Unexpectedly Sheds Jobs, Unemployment Rises to 6 1%

(Bloomberg) Canada’s labor market unexpectedly lost jobs and the unemployment rate jumped to the highest level in more than two years, signaling greater slack in the economy that will test the central bank’s patient stance on rate cuts.Most Read from BloombergTexas Toll Road Takeover to Cost Taxpayers at Least $1.7 BillionSaudi Crown Prince MBS’s $100 Billion Foreign Investment Quest FaltersZimbabwe Replaces Battered Dollar With New Gold-Backed Currency Called ZiGGiving Up China Is Hard, Even

Canada s unemployment rate jumps to 6 1% as job growth stalls

Canada s unemployment rate jumps to 6 1% as job growth stalls
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Bloomberg Canada hires Zaho-Murray as economics data editor

Bloomberg’s Ottawa bureau has hired Jay Zhao-Murray to be its economics data editor. He has been a foreign exchange analyst for Monex Canada for the past two…

USD/CAD Price Analysis: Loonie Loses Strength as Inflation Dips

Wednesday's USD/CAD price analysis painted a bullish picture, influenced by data on Tuesday revealing a decrease in Canada’s inflation.

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