Refinitiv – Benefits Canada.com https://uat-cumulus.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 16 Jan 2025 20:41:36 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Bank of Canada to update economic outlook with first rate announcement of 2021 https://uat-cumulus.benefitscanada.com/news/bank-of-canada-to-update-economic-outlook-with-first-rate-announcement-of-2021/ Wed, 20 Jan 2021 06:44:45 +0000 https://cumulus.benefitscanada.com/uncategorized/bank-of-canada-to-update-economic-outlook-with-first-rate-announcement-of-2021/ Canada’s central bank will update its economic forecast for the country Wednesday when it announces its interest-rate decision, offering a glimpse into its outlook for COVID-19 recovery. The Bank of Canada said in October the country had been spared from a worst-case economic scenario, but it still didn’t see a recovery taking hold until at […]

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]]> National unemployment rate hits new record even as economy adds jobs https://uat-cumulus.benefitscanada.com/canadian-investment-review/cir-news/national-unemployment-rate-hits-new-record-even-as-economy-adds-jobs/ Fri, 05 Jun 2020 05:45:35 +0000 https://cumulus.benefitscanada.com/uncategorized/national-unemployment-rate-hits-new-record-even-as-economy-adds-jobs/ Statistics Canada is reporting a record high unemployment rate as the economy added 289,600 jobs in May, with businesses reopening amid easing public health restrictions. The unemployment rate rose to 13.7 per cent, topping the previous high of 13.1 per cent set in December 1982 in more than four decades of comparable data. The increase […]

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