Category: PMN Business

Apr 28

Canada Economy Begins to Stall as Higher Interest Rates Bite

Article content (Bloomberg) — Canada’s economy geared down as expected in the first quarter, reinforcing the central bank’s decision to stop raising interest rates. Article content Preliminary data suggest gross domestic product contracted 0.1% in March, led by decreases in retail, wholesale and mining sectors, Statistics Canada reported Friday in Ottawa. That followed a 0.1% […]