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The income earned by graduates has lagged tuition growth, particularly in fields such as engineering, architecture, and related sciences.
Growth in the third quarter is already looking to undershoot the BoC’s July forecast. We continue to expect another rate cut in October.
The 2.5% reading is the lowest since March 2021.
These strategies can help make family meetings an effective tool in wealth-transfer planning.
You can preserve family harmony and your wishes for your estate with careful planning and open conversations.
After a first interest rate cut in June, the Bank of Canada (BoC) again lowered its key overnight rate by 25 basis points at its meeting Wednesday, to 4.5%. The move was in line with market and our own expectations ahead of the announcement.
The latest Business Outlook Survey largely confirmed further normalizing in a few key areas that the central bank has deemed critical to future inflation trends.
Gen AI holds the potential to get Canada’s economy growing again through accelerated innovation and productivity. The big question is whether Canadian businesses and public sector organizations will seize the moment.