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Daily Archives: June 5, 2025
Job losses leaping
Slowly, then all at once…job losses ‘unexpectedly’ leaping across many sectors. Andy Challenger, Senior Vice President, Challenger, Gray & Christmas, shares his insights on the latest Challenger layoff report in the U.S. and what sectors were most impacted. Here is … Continue reading
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Bank of Canada waits for financial pain to worsen
Yesterday, the Bank of Canada (BoC) held its overnight rate target at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. They did not ease monetary conditions while noting that domestic demand remained flat and the labour … Continue reading
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