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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

  • Canada’s Budget, Interest Rates, and the Dollar: What It All Means for You
  • Gold on the Move: Rebound, Risks & Geopolitical Drivers
  • Bank of Canada Cuts Rates — But Hints the Easing Cycle May Be Over
  • Inflation Ticks Higher, But Rate Cuts Still in Sight
  • Canadian Dollar Slips to 11-Day Low as Rate Gap Pressures Loonie

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  • Economy

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