Canadian dollar rises to two-month high on growing signs of easing U.S. inflation

Canadian dollar rises to two-month high on growing signs of easing U.S. inflation

The Canadian dollar CADUSD climbed to its highest level in more than two months against a broadly weaker US counterpart on Thursday as oil prices rose and investors grew more optimistic about the global economic outlook. The loonie was trading 0.1% higher at 1.2765 per greenback, or 78.34 US cents, after touching its strongest level … Read more

Canadian dollar gains for sixth day ahead of expected Bank of Canada rate hike

Canadian dollar gains for sixth day ahead of expected Bank of Canada rate hike

The Canadian dollar CADUSD strengthened to its highest level in nearly six weeks against its broadly stronger US counterpart on Wednesday, as oil prices rose and investors awaited a Bank of Canada interest rate decision. Canada’s central bank is widely expected to raise interest rates by half a percentage point for a second straight meeting. … Read more

Canadian dollar climbs to two-week high as China eases lending rate

Canadian dollar climbs to two-week high as China eases lending rate

The Canadian dollar strengthened to its highest level in more than two weeks against its US counterpart on Friday as Chinese authorities moved to cushion the impact of an economic slowdown, with the currency on track to snap a weekly losing streak. Stock markets globally rebounded after China cut a key lending benchmark to support … Read more

Canadian dollar notches two-week high as China restrictions ease

Canadian dollar notches two-week high as China restrictions ease

The Canadian dollar strengthened to its highest level in two weeks against its US counterpart on Thursday as China eased restrictions to contain the spread of the coronavirus and the greenback broadly fell. The loonie was trading 0.8% higher at 1.2790 to the greenback, or 78.19 US cents, after touching its strongest level since May … Read more

Canadian dollar hits seven-week low as greenback surges

Canadian dollar hits seven-week low as greenback surges

The Canadian dollar CADUSD weakened to its lowest level in more than seven weeks against its US counterpart on Thursday as broader gains for the greenback offset hawkish comments by Bank of Canada Governor Tiff Macklem. The US dollar surged to its highest levels in two decades against a basket of major currencies, propelled by … Read more

Diversity and inclusion in the workplace is a challenge – and an opportunity

Diversity and inclusion in the workplace is a challenge – and an opportunity

FoodShare Toronto, a non-profit food justice organization, rolled out an initiative where they began paying interviewees for their time on March 1, 2022. “It’s something that we had been thinking about for a long time,” says Paul Taylor, executive director at the nonprofit. “We’re doing everything that we can to center justice and equity — … Read more