Erik Hertzberg

2 weeks ago | bloomberg.com | Mathieu Dion |Erik Hertzberg

Pedestrians in downtown Toronto. (Bloomberg) -- A Canadian government program that aims to minimize layoffs by providing benefits to workers who agree to work fewer hours has seen its uptake double in about half a year. As of June 8, there were 799 so-called work-sharing agreements with employers in Canada, up from 399 in November, according to government data shared with Bloomberg News.

3 weeks ago | hk.news.yahoo.com | Erik Hertzberg

【彭博】-- 加拿大央行連續第二次會議維持利率不變，但官員們表示，如果在美國關稅產生影響的情況下經濟走弱而通膨依然可控，則可能需要降低借貸成本。 由行長Tiff Macklem領導的央行官員周三把政策利率維持在2.75%不變，符合市場及多數接受彭博調查的經濟學家預期。 政策制定者表示，他們在進一步了解與川普的貿易衝突之際按兵不動。他們把這場貿易衝突稱為「加拿大經濟面臨的最大不利因素」，因其重挫出口，並加劇了消費者和企業面臨的不確定性。 與此同時，官員們表示，第一季度經濟表現強於預期，並指出衡量核心通膨的指標近期出現飆升。 政策制定者在一份聲明中表示，「由於美國關稅相關的不確定性仍然很高，加拿大經濟趨於疲軟但並未大幅走弱，同時近期通膨數據出人意料地表現堅挺，管委會決定維持政策利率不變，同時獲取更多有關美國貿易政策及其影響的信息。」 儘管政策制定者表示，已就暫停並等待有關貿易爭端前景的更多信息達成「明確共識」，但該央行對借貸成本的潛在走向提供的指引較為有限。...

3 weeks ago | financialpost.com | Erik Hertzberg

Advertisement 1The Bank of Canada held interest rates steady for a second consecutive meeting, but officials said there may be a need to cut borrowing costs if the economy weakens and inflation remains contained as US tariffs make an impact. Article content(Bloomberg) — The Bank of Canada held interest rates steady for a second consecutive meeting, but officials said there may be a need to cut borrowing costs if the economy weakens and inflation remains contained as US tariffs make an impact.

3 weeks ago | bloomberg.com | Erik Hertzberg

The Bank of Canada in Ottawa, Ontario. (Bloomberg) -- The Bank of Canada held interest rates steady for a second consecutive meeting, but officials said there may be a need to cut borrowing costs if the economy weakens and inflation remains contained as US tariffs make an impact. Officials led by Governor Tiff Macklem kept the policy rate at 2.75% on Wednesday, matching expectations of markets and the majority of economists in a Bloomberg survey.

3 weeks ago | bloomberg.com | Erik Hertzberg

Tiff Macklem, governor of the Bank of Canada(Bloomberg) -- The Bank of Canada is likely to hold interest rates steady as officials wait for clearer signals on how US President Donald Trump’s trade war will end up striking the economy. Economists and markets expect policymakers led by Governor Tiff Macklem to hold the overnight rate at 2.75% on Wednesday, which would be the second consecutive pause.