Royal Bank of Canada (TSE:RY) has just boosted its dividend to an impressive CA$1.64 per share, surpassing last year’s payout. This confident move showcases the bank’s robust financial strength and dedication to rewarding its shareholders generously
Browsing: Canadian economy
Canada’s latest jobs report reveals a steady labor market, with unemployment nudging up to 6.8%. Employment growth remains modest, highlighting a stable yet unremarkable economic outlook, Bloomberg.com reports
Gold exports are dazzling on the surface, yet beneath the sparkle lie hidden cracks in Canada’s overall trade performance. At the same time, key industries are battling soaring costs and tangled supply chains, revealing the fragile foundation of the nation’s economic future
Canada faces significant challenges, yet 26 trailblazing tech startups are stepping up with groundbreaking solutions. From climate action to healthcare, these innovative ventures showcase the nation’s fearless drive to solve today’s most pressing issues
Alberta has unveiled a dedicated webpage for the proposed northwest coast pipeline project, boosting transparency as Canada faces increasing challenges in the global oil market, the Edmonton Journal reports
Canada, renowned for its stunning landscapes and dynamic cultural tapestry, boasts a rich history shaped by Indigenous peoples and European settlers alike. Its lively capital, Ottawa, is part of a nation with over 38 million residents, where the Canadian dollar stands as the proud symbol of its economy
Canada’s top CEOs pulled in a staggering average of $16.2 million in 2024, reveals an eye-opening new report by The Globe and Mail. These jaw-dropping figures are sparking fresh debates about executive pay amid economic uncertainty
Canada’s automotive industry is roaring ahead, driving innovation and skyrocketing exports like never before. Recent updates on ised-isde.canada.ca highlight the government’s dedication to boosting competitiveness and leading the charge in groundbreaking green technologies
Economists anticipate the Bank of Canada will keep interest rates steady in 2026, focusing on taming inflation amid a cautious economic outlook. Market experts predict gradual policy adjustments designed to support steady, sustainable growth
Canada’s October GDP likely took a hit, dragged down by weaker consumer spending and challenges in the energy sector. But don’t worry-there’s a silver lining! Economic activity is poised for a strong rebound in November as supply chain snags clear up and demand picks up, Finimize reports
Canada’s population experienced an unexpected decline in the third quarter, its first drop since the pandemic lockdowns. This decrease, fueled by lower immigration and a slowdown in natural growth, sparks crucial questions about the path ahead for the nation’s economic recovery
Canada’s trade balance surged back into surplus in September, fueled by robust export growth and a notable slowdown in imports, RBC reports. This impressive rebound ends the run of deficits and signals exciting momentum for the economy ahead
The Canadian steel industry is urgently appealing to British Columbia for support amid rising U.S. trade tensions, sounding the alarm that the ongoing trade war threatens jobs and market stability. Immediate government action is crucial to safeguard the industry’s future
Canada has unveiled bold new measures to streamline trade between its provinces, aiming to reduce dependence on the U.S. market. This dynamic initiative is set to spark vibrant internal commerce and strengthen the national economy, Bloomberg reports
Canada’s new budget boldly charts a course away from dependence on a single market by expanding trade partnerships and turbocharging domestic industries. This dynamic strategy aims to forge a stronger, more resilient economy ready to thrive amid global uncertainties
The Bank of Canada considered delaying its October rate cut, internal discussions reveal. Officials carefully weighed the timing amid economic uncertainty, signaling a cautious approach before their next monetary policy decision
Canada is gearing up to boost budget deficits in a bold strategy designed to ignite economic growth amid global uncertainties. The government is set to turbocharge investments in infrastructure and social programs, fueling a dynamic and resilient post-pandemic recovery
The Bank of Canada has just cut its key interest rate to 2.25%, hinting at a potential pause in future cuts for now. This calculated step aims to strengthen the economy as it faces ongoing challenges, CBC reports
A GOP senator claims that Canada’s trade with the US has “always been lopsided,” igniting renewed criticism over perceived imbalances. These remarks intensify the ongoing debates about North American trade relations
The Bank of Canada uncovers a cautious atmosphere among businesses and consumers ahead of its upcoming rate decision, spotlighting rising concerns over economic growth amid persistent inflation challenges