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If the Bank of Canada does cut rates in September, it would align with actions taken by other central banks globally that have begun easing monetary policy in response to cooling economic conditions.
The Bank of Canada is likely to resume cutting interest rates on Wednesday amid mounting evidence US tariffs are damaging the economy and labor market.
TORONTO, Oct 19 (Reuters) - Canadian lender Desjardins Group said on Thursday it would cut nearly 400 jobs, mostly at its retail branches in Quebec, joining the country's big banks that have announced ...
Oct 18 (Reuters) - Bank of Nova Scotia (BNS.TO), opens new tab on Wednesday announced plans to cut about 2,700 jobs globally - 3% of its workforce - and take a C$590 million ($430.94 million) charge ...