Canadian Job Surge Surpasses Expectations: BoC to Maintain Rates Amid Uncertainties and Global Economic Developments

On Thursday, data revealed that the Canadian economy added 35,000 jobs in March, exceeding expectations. However, despite the robust numbers, the Bank of Canada (BoC) is anticipated to maintain rates unchanged in the coming week. According to analysts at CIBC, the BoC will remain on hold for the remainder of the year before permitting rate […]