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The median forecast of 36 foreign exchange analysts in the Dec. 2-4 poll predicted the loonie would edge 0.3% higher to 1.4034 per U.S. dollar, or 71.26 U.S. cents, in three months, compared to ...
Analysis by Oxford Economics estimated that 25% tariffs implemented across all sectors and predicted retaliatory tariffs would cause Canada's GDP to fall by 2.5% by early 2026, increase its inflation rate to 7.2% by mid-2025, and increase its unemployment rate to 7.9% by the end of 2025 due to an estimated 150,000 layoffs. [32]
Strategists are raising their forecasts for the Canadian dollar as commodity prices rise and the domestic economy shows signs of recovery, according to a Reuters poll, with the loonie already ...
(Reuters) -Three of Canada's biggest oil producers, Suncor Energy, Cenovus Energy and Imperial Oil, on Thursday projected higher production in 2025, betting on resilient demand for Canadian crude ...
The spot exchange rate is the current exchange rate, while the forward exchange rate is an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. In the retail currency exchange market, different buying and selling rates will be quoted by money dealers. Most trades are to or from the local currency.
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Events from the year 2025 in Canada. Incumbents. The Crown. Monarch – Charles III [1] ... October 20 – 2025 Canadian federal election. [9] October 27 ...
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