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The Bank of Canada cut interest rates in June for the first time in four years, lowering the rate from five per cent to 4.75 per cent, and one chief investment strategist says economic trends point to more cuts in the coming months. Economics.
Bloomberg delivers business and markets news, data, analysis, and video to the world, featuring stories from Businessweek and Bloomberg News
Sep 8, 2023 · By Bloomberg News. September 7, 2023 at 10:31 PM PDT. Updated on. September 8, 2023 at 2:08 PM PDT. Here are the top stories this hour: Stellantis NV is facing pushback on its latest offer to ...
National Bank to buy Western Canada rival for US$3.6 billion. National Bank of Canada agreed to buy Canadian Western Bank for about $5 billion (US$3.6 billion) in stock in a tie-up of two of the country’s regional lenders.
The Bank of Canada cut interest rates in June for the first time in four years, lowering the rate from five per cent to 4.75 per cent, and one chief investment strategist says economic trends point to more cuts in the coming months. Jun 24.