The Bank of Canada announced a 50 basis points rate cut to 3.75%, marking the fourth consecutive rate cut since the first reduction in June. The significant 50 basis points reduction was primarily due to the unexpected slowdown in September's inflation data to 1.6%, reflecting the risks of an economic downturn in Canada. The Bank of Canada's goal is to maintain inflation around 2% and promote economic growt...

Canada's major banks are about to announce their Q2 financial quarter results. Sustained high interest rates pose challenges to residents' repayment ability. Banks' real estate exposure and credit card risks are the focus of investors' attention. Meanwhile, the recovery in the capital market means that banks' fee income may rebound.
The following are the indicators that investors need to focus ...