Unemployment rate set to rise in Canada, reinforcing expectations of a BoC rate cut

On Friday, Statistics Canada will release the results of the Canadian Labour Force Survey. Market investors predict that the report will come in on the soft side, which might encourage…

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Canada May advance wholesale trade -0.9%

Prior was +2.4% The decline reflects lower sales in the motor vehicle and motor vehicle parts and accessories subsector, according to Statistics Canada. It’s a big drop but comes after…

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