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April 2024

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17 mins0
  • Economy

Canada’s unemployment rate surged to 6.1% in March as job growth stagnated.

The unemployment rate in Canada rose to 6.1% in March as more individuals entered the job market and job growth stalled. This development solidifies expectations of a potential interest rate cut in June. According to Statistics Canada’s labour force survey released on Friday, the jobless rate has increased from 5.8% in February to 6.1% in

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Monex1 2 years ago1 year ago
7 mins0
  • Gold

What’s driving the surge in gold prices that have reached a record high?

In 2024, the price of gold has increased by 17%. Costco is seeing a surge in shoppers purchasing gold bars, but they are not the only ones investing in the precious metal. On Friday, investors propelled gold prices to a historic peak, marking the latest surge in a 17% rally witnessed thus far in the

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Monex1 2 years ago1 year ago
2 mins0
  • Currency

The increase in the carbon tax in British Columbia leads to further escalation of gas prices in Metro Vancouver.

The increase in the carbon tax in British Columbia leads to further escalation of gas prices in Metro Vancouver. Gas prices had been gradually rising before and during the Easter long weekend, but they experienced another surge on Monday due to the carbon tax hike, reaching $2.09 per litre. On Monday morning, gas prices soared

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Monex1 2 years ago1 year ago

Recent Posts

  • Canadian Dollar Slips to 11-Day Low as Rate Gap Pressures Loonie
  • Interest Rate Cut: Bank of Canada Drops Benchmark to 2.5%
  • How Much Further Will Gold And Silver Run?
  • The Snapback Mechanism and Iranian Bank Accounts in Canada: Reality or Misconception?
  • Canadian dollar expected to lose ground in global markets, says expert

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