Articles from Courrier Laval

The Bank of Canada announced that it will maintain its overnight rate target at 2.75% as international trade negotiations remain uncertain. Despite a robust start, the Canadian economy faces a slowdown in GDP growth, largely attributed to a decrease in housing market activity and weakened consumer confidence. Inflation and unemployment rates have seen notable fluctuations, with inflation dropping but underlying pressures persisting. Upcoming rate changes will be considered on July 30.