U.S. trade deficit shrinks sharply; labour market tight
U.S. trade deficit shrinks sharply; labour market tight
WASHINGTON (Reuters) - The U.S. trade deficit dropped to its lowest level in nearly 1-1/2 years in October, suggesting trade could contribute to economic growth in the fourth quarter, though a broad decline in imports hinted at a slowdown in domestic demand.
Reuters
Reuters
Statistics Canada says merchandise trade deficit was $1.1B in October
Statistics Canada says merchandise trade deficit was $1.1B in October
OTTAWA — Statistics Canada says the country's merchandise trade deficit with the world was $1.1 billion in October.
The Canadian Press
The Canadian Press
Bank of Canada keeps key interest rate target on hold at 1.75 per cent
Bank of Canada keeps key interest rate target on hold at 1.75 per cent
OTTAWA — The Bank of Canada kept its key interest rate on hold Wednesday, noting that while global recession concerns are waning, trade conflicts and related uncertainty continue to remain a key risk.
The Canadian Press
The Canadian Press
Bank of Canada deputy governor Timothy Lane says Canadian economy resilient
OTTAWA — The Canadian economy remains resilient despite the global uncertainty caused by the trade war between the United States and China, a senior Bank of Canada official said Thursday.
The Canadian Press
The Canadian Press
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U.S. Trade On Track For Another Record Year — But For Drop In Chinese Exports, Imports Amidst Trade War
But for China, U. S. trade with the world would be on its way to its second straight record year, according to Census Bureau data released yesterday.
Forbes
Forbes
Economy lost 71,200 jobs in November, unemployment rate climbs to 5.9 per cent
OTTAWA — The Canadian economy posted its biggest monthly job loss since the financial crisis in November, pushing the unemployment rate higher and raising the possibility the Bank of Canada may cut interest rates next year.
The Canadian Press
The Canadian Press