Here’s a sign of the times from Vancouver: Nearly six years after Vancouver became the largest city in Canada to commit to a living wage, councillors voted to end the initiative. In a closed-door meeting …
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March 2, 2023
The European inflation report was mixed: Consumer prices in the 20 countries that use the euro as their currency rose at an annual rate of 8.5 percent in February, down slightly from January’s rate of …
March 1, 2023
TD Bank’s acquisition of New Horizons might be in trouble: TD-T … prospects of closing a major acquisition in the United States took a hit Wednesday after its merger partner, FHN-N … , disclosed that …
February 28, 2023
Mixed news on the economy: On Tuesday, Statistics Canada said real gross domestic product was unchanged in the fourth quarter of 2022 after five consecutive quarters of growth. … After two quarters of record inventories, …
February 27, 2023
The BoC has released a Staff Analytical Note by Ramisha Asghar, James Fudurich and Jane Voll titled Firms’ inflation expectations and price-setting behaviour in Canada: Evidence from a business survey: Implementing effective monetary policy could …
February 24, 2023
So American inflation fears picked up: Inflation remains stubbornly elevated and unexpectedly picked up in January, a fresh reading of the Fed’s preferred index showed, underscoring the daunting challenge facing central bankers as they try …
February 23, 2023
The BoC has released a working paper by Jonathan Chiu, Emre Ozdenoren, Kathy Yuan and Shengxing Zhang titled On the Fragility of DeFi Lending: We develop a dynamic model of decentralized finance (DeFi) lending that …
February 22, 2023
The BoC has published a paper by Martin Kuncl and Dmitry Matveev titled The Canadian Neutral Rate of Interest through the Lens of an Overlapping-Generations Model: The neutral rate of interest is an important concept …
February 21, 2023
TXPR closed at 576.56, down 0.73% on the day. Volume today was 1.51-million, second-highest of the past 21 trading days. CPD closed at 11.56, down 0.26% on the day. Volume was 157,140, second-highest of the …
February 17, 2023
TXPR closed at 580.81, down 0.50% on the day. Volume today was 980,030, below the median of the past 21 trading days. CPD closed at 11.59, down 0.17% on the day. Volume was 102,580, fourth …