A defiant fist pump from one of Quebec’s richest men will probably cost Quebec Premier Pauline Marois the election on April 7.
Canada’s merchandise trade balance swung to a surplus in February, with rising exports of automobiles and energy outpacing record imports.
Investors who bought C$3 billion ($2.87 billion) worth of Canadian two-year bonds this week overpaid because the Bank of Canada may raise interest rates faster than is reflected in the yield.
Home sales in Canada’s largest markets surged in September from a year earlier as historically low interest rates continue to lure buyers.
The era of easy money is shaping up to keep going into 2014.
Bank of Canada Governor Mark Carney may signal this week he’d rather raise interest rates gradually starting in June instead of waiting until July and moving in larger increments, economists said.
Bank of Canada Governor Stephen Poloz surprised investors by dropping language about the need for future interest rate increases, a move that’s leading to investor speculation about possible rate cuts.
Canada’s housing market will have a “soft landing” after years of strong gains and recent steps by policy makers to curb demand, said Michael Gregory, senior economist at BMO Capital Markets.
Canada’s unemployment rate unexpectedly rose from a five-year low last month on a drop in full-time work, taking it above the U.S. jobless measure for the first time since 2008.
Employment in the U.S. was heating up until Old Man Winter emerged to cast a chill.
"From a market standpoint, a Liberal victory is significantly priced into the Quebec government's borrowing costs."
- Derek Holt on Apr 03, 2014