Page 3 - Antony Robart News Today

Canada's economic growth was essentially unchanged in October, Statistics Canada says, coming off a surprise contraction in the third quarter of 2023.

The Nova Scotia Securities Commission has issued a warning to be vigilant when investing in crypto as people are losing 'substantial amounts of money to crypto-related scams.'

U.S. inflation ticked down again last month, with cheaper gas helping further lighten the weight of consumer price increases in the United States.

Canada plans on expanding its clean technology and electricity tax credits to biomass fuel, which is most commonly made from waste from lumber operations.

South Africa recalled its diplomats from Israel last week to assess its relationship with the country as civilian casualties rise in Israel's conflict with Hamas.

There has been progress toward helping veterans recognize and heal from their wounds but there remains a gap in dealing with mental injuries, he said.

Some members of the Bank of Canada's governing council expressed concerns that the policy rate was not high enough before the central bank held its key rate steady last month.

No further interest rate hikes are expected this cycle, according to the balance of respondents to a Bank of Canada market participants survey.

The testimony from Defense Secretary Lloyd Austin and Secretary of State Antony Blinken came as Biden's US$105 billion aid package request is encountering roadblocks in Congress.

Higher interest rates could lead to a further slowing in Canada's housing market heading into the winter, some economists argue, as the Bank of Canada's key rate remains elevated.