Monday
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Canada's economy is expected to slow in 2025, with experts warning that growth may lag behind U.S. performance amid challenging market conditions.
Sources
Canadian, Economy
To recap week of Dec 2 – Dec 8, 2024
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Canada’s economy shows mixed signals this week. Growth forecasts warn of a 2025 slowdown amid higher unemployment and market headwinds, yet strong Q4 profits and lively cultural events highlight pockets of resilience. Analysts call for targeted reforms as the nation navigates these shifting economic tides.
Tuesday
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Analysts warn of a slower 2025 growth for Canada, with economic momentum lagging behind the U.S. as lingering headwinds weigh on market performance.
Sources
Wednesday
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RBC posted over $4B in Q4 profits despite a slowing economy, while the Chamber pushed for targeted reforms and policy tweaks ahead of the budget. Economic resilience and cautious strategy stood out today.
Sources
Thursday
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Canada's economic prospects weaken as revised immigration targets slow population growth and workforce expansion, while US tariff threats strain the Canadian dollar's recovery, complicating the export-driven economy.
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Friday
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Canada's job market cooled as unemployment rose to 6.8% while inflation eased to 2%. Growth remains cautious, posing challenges for the central bank in balancing economic recovery and stability.
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Saturday
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Taylor Swift’s tour fuels economic activity in Toronto and Vancouver, yet underlying monopoly concerns persist in Canada. The mix showcases both vibrant growth and calls for more competitive markets.
Sources