Unemployment stays low, stable in March: OECD
Despite weaker economic outlook, labour markets holding up
- By: James Langton
- May 15, 2025 May 15, 2025
- 13:16
Despite weaker economic outlook, labour markets holding up
Hackers exploited insider access to gather sensitive customer data
National housing agency says surge driven by sharp increase in urban starts
The national average sale price of a home sold in April slipped 3.9% from a year ago to $679,866
Strong services sector drove 0.7% Q1 rise in GDP
Producer price index falls 0.5% in April, with tariffs impact expected to show up starting in June
Consumer momentum cooled after a March spending rush to avoid new tariffs
Layoffs remain low despite tariff uncertainty
From January to April, $323M flowed into Canadian-listed European ETFs — 23 times the amount during the same period last year
Pair behind the deli with the US$100-million market cap sentenced
Reduced trade, weaker growth, higher inflation and uncertainty will all weigh on U.S. real estate
Premier signals spending shift as province braces for economic impact of trade war
Acquisition adds two crypto platforms to Robinhood
Meanwhile, the U.S. stock market held relatively steady near its records
Paper calls for guardrails against negative side effects of digital innovation
Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
In series of legal filings, regulator claims exclusive jurisdiction
Project designed to avoid creating needless burden with new regime
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales