Canada jobless rate drops to a record low of 4.9%

CalendarJuly 8, 2022
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“With inflation pressures remaining elevated and the economy growing, the Bank of Canada remains highly likely to raise rates by 75 basis points next week”, says Karl Schamotta, Chief Market Strategist at Corpay.

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Author

Karl Schamotta

Karl Schamotta

Chief Market Strategist

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