Canadian markets are treading carefully as the loonie sits near multi-week lows, with GDP data landing roughly in line with expectations and pointing to a third-quarter slowdown af
Canadian markets are treading carefully as the loonie sits near multi-week lows, with GDP data landing roughly in line with expectations and pointing to a third-quarter slowdown after the spring rebound. Trade friction with the US keeps adding pressure, with a fresh ban on roughly a billion dollars' worth of Canadian imports now in effect, while domestic politics add noise as Quebec separatists challenge federal-provincial coordination. The Bank of Canada's message that institutions shouldn't hesitate to use its liquidity facility offers a steadying note amid the broader volatility.
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