“Canadian employment data, released today by Statistics Canada, showed a marked slowdown, which historically would have been a harbinger of recession. This cycle, immigration has augmented the growth of the labour force and consumer spending, forestalling a significant economic downturn. Nevertheless, the Bank of Canada will continue to cut interest rates by at least 175 […]

First rate cut in years comes as a relief to many. Click here to read a Bank of Canada Update from Dr. Sherry Cooper, DLC’s Chief Economist.