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-0.000506585612968611 6.75447483956548E-06 -0.00151975683890583 0 -8.44309354948085E-05 0.00135089496791622 0.00118203309692672 -0.00455927051671738
Stock impact report

Canada's labour market stumble: Will the Bank of Canada step in? [Wealth Professional (Canada)]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
Canada's economy added only 1,100 jobs in February, well below the 20,000 expected by economists, according to Statistics Canada. The unemployment rate remained at 6.6 percent, while the employment rate held steady at 61.1 percent. As per Financial Post, the modest job gains come ahead of the Bank of Canada's next interest rate decision on March 12, with expectations of a rate cut increasing. As per LSEG Data & Analytics, financial markets were largely tilted toward a quarter-point cut. According to Andrew Grantham, senior economist at CIBC Capital Markets, February's weak hiring data, combined with concerns over the economic impact of trade uncertainty, should push the Bank of Canada toward another rate cut However, economists Read more
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