In March, Canada's unemployment rate increased to 6.1%, while the Bank of Canada plans a monetary policy decision on April 10.

Canada's unemployment rate rose to 6.1% in March, marking the largest increase in two years. The Bank of Canada will make its next monetary policy decision on April 10. Ottawa launched a $1.5B fund to protect existing rental apartments, while Ford delayed EV production until 2027. RBC completed its takeover of HSBC Bank Canada, and Loblaw backed down on 50% discount cancellation after facing backlash. The House of Commons will resume sitting ahead of the federal budget on April 16.

April 07, 2024
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