TORONTO (Reuters) – Canada’s economy lost a net 17,300 jobs in May, entirely in full-time work, and the jobless rate rose to 5.2%, Statistics Canada data showed on Friday. Analysts had for[...]
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Canada
Amazon, Target modify deliveries in areas with poor air quality
By Arriana McLymore and Deborah Mary Sophia (Reuters) -Amazon.com said on Thursday that it was cutting delivery routes short for drivers in places affected by poor air quality, while Target also said[...]
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Bank of Canada hiked rates over alarm at household spending, stubborn inflation
By Steve Scherer and David Ljunggren OTTAWA (Reuters) – The Bank of Canada lifted rates after a four-month pause because of surprisingly strong household spending and high core inflation, a seni[...]
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TD Bank CEO ‘confident’ of resolving issues tied to First Horizon deal collapse
(Reuters) – TD Bank Group CEO Bharat Masrani said he was confident the bank, Canada’s second biggest lender, would resolve issues with regulators that led to the collapse of its planned $1[...]
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Dollar dips as jobless claims increase
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Thursday after data showed that U.S. jobless claims rose more than expected in the latest week, though the market was generally viewed a[...]
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Wildfire smoke from Canada disrupts New York, Philadelphia flights
By David Shepardson (Reuters) -Some flights into the New York City area and Philadelphia on Wednesday were delayed and others briefly halted because of reduced visibility from wildfire smoke from Cana[...]
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Marketmind: Canadian cloud, rates markets checked
A look at the day ahead in U.S. and global markets from Mike Dolan Wildfire smoke wasn’t the only cloud from Canada that drifted over the United States this week. The Bank of Canada’s resu[...]
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Dollar edges up against yen as investors wait on inflation data, Fed
By Karen Brettell NEW YORK (Reuters) – The dollar edged higher against the yen on Wednesday as investors awaited U.S. inflation data for May and the Fed’s interest rate decision next week, while[...]
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C$ seen up in one year as analysts eye more BoC rate hikes: Reuters poll
By Fergal Smith TORONTO (Reuters) – The Canadian dollar is set to rally over the coming 12 months as pressure grows on the Bank of Canada to resume its interest rate hiking campaign and some of[...]
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