The policy decision will lower real GDP by $7.9B in 2025, $16.2B in 2026, Conference Board of Canada estimates
Newfoundland and Labrador pegged for GDP growth of 1.5%, the strongest in the country
Monetary and tax policy could present risks to the housing market, however
Financial sector employees working from home helped buoy Ontario and Quebec economies
Research shows family businesses contributed 6.9 million jobs to Canada's economy in 2017
The fund industry employs as many people as the country's gas stations, report says
But the research firm’s director of economics notes “reasons to be cautiously optimistic”
The concentration of financial services employment in Toronto ranks higher London and New York
Susan Black will succeed retiring Dan Muzyka
Banks will be focused on controlling costs in the year ahead to support their margins, new Conference Board report suggests