Weak August Jobs Report In Canada Takes BoC Tightening Off The Table–The Opposite Is Likely For Federal Reserve Employment in Canada fell by 41,700 in August, reversing some of the labour market momentum seen in recent months as the manufacturing sector posted the only significant increase. The employment rate fell 0.1 percentage points to 60.8%. The employment rate in August was […]
Dr. Sherry Cooper joined Dominion Lending Centres and DLCG Mortgage Group President, Eddy Cocciollo, for In Conversation to discuss the latest updates from the Bank of Canada as of September 2, 2026.
La Banque du Canada laisse de nouveau le taux directeur tel quel, comme prévu Aujourd’hui, la Banque du Canada a de nouveau maintenu le taux directeur à 2,25 %. Il est à ce niveau depuis octobre 2025. C’est le minimum de la plage que la Banque considère comme un taux neutre, où la politique monétaire n’induit ni expansion ni contraction de l’économie. […]
Bank of Canada Holds Policy Rate Steady Again, As Expected Today, the Bank of Canada once again held the policy rate at 2.25%, the level it has held since October 2025. This is the bottom of the Bank’s estimate of the neutral overnight rate, where monetary policy is neither expansionary nor contractionary. According to the Bank’s policy statement, “The continuing […]
Canada’s Economy Grows by 3.3% in Q2 as Q1 Was Revised Into Positive Territory Statistics Canada reported this morning that the Canadian economy grew at a whopping 3.3% pace in the second quarter, following an upwardly revised 0.3% in Q1 led by upward revisions to exports, particularly non-metallic minerals and energy products. This wipes out the two quarters of negative […]