Jordan Fleguel

3 weeks ago | bnnbloomberg.ca | Jordan Fleguel

As investors continue to look for alternatives to U.S. assets amid heightened uncertainty due to U.S. President Donald Trump’s ongoing trade war, the Canadian dollar is gaining against its American counterpart. That’s largely due to global investor sentiment shifting towards increased diversification, according to Jeremy Stretch, chief international strategist at CIBC Capital Markets.

3 weeks ago | bnnbloomberg.ca | Jordan Fleguel

The Bank of Canada held its key interest rate steady on Wednesday, as was widely expected, and two experts say conflicting economic data is likely what kept the bank on the sidelines. For a second straight decision, Canada’s central bank announced it will hold its overnight interest rate at 2.75 per cent. The two rate holds followed seven consecutive cuts from the bank over the past year.

3 weeks ago | bnnbloomberg.ca | Jordan Fleguel

Updated: June 04, 2025 at 9:45AM EDTPublished: June 04, 2025 at 5:23AM EDTThe Bank of Canada announced Wednesday it will hold its key interest rate at 2.75 per cent. The majority of economists in a Reuters poll were expecting the second straight rate hold from the central bank. Canada’s headline inflation rate slowed to 1.7 per cent year-over-year in April, down from 2.3 per cent in March, Statistics Canada reported last month. This is a developing story. More information to come.

3 weeks ago | ctvnews.ca | Jordan Fleguel

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1 month ago | bnnbloomberg.ca | Jordan Fleguel

The head of AtkinsRéalis says the company is well positioned to take advantage of global energy and infrastructure needs following a yearslong restructuring at the firm formerly known as SNC-Lavalin. “We’ve been through a pretty significant transformation over the last six years. We’ve simplified the business down to two real components,” Ian Edwards, president and CEO of the Montreal-based company, told BNN Bloomberg in a Friday interview.