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Can AI-driven Efficiencies Address Canada's Lagging Economic Productivity?
A new report from TD Economics says that while advancements in AI technology could help the Canadian economy address long-standing productivity issues, its potential for growth will depend on its implementation.
Canadian Dollar declined on data-light Tuesday as US markets return to the fold
The Canadian Dollar (CAD) is broadly softer on Tuesday, paring away some of the gains found at the start of the trading week.
Pound Nears Multi-Year High Versus Peers as Traders Turn Bullish
The pound is nearing its strongest level in years against two of its major counterparts as traders ratchet up bets that the Bank of England will keep interest rates on hold for longer than peers.
UK store inflation falls, economic outlook shows signs of improvement
At the beginning of May, UK retailers' price increases fell to their lowest level in more than two years, adding to the signs of improving economic prospects. Meanwhile, as more shoppers choose value, supermarkets are racing to keep prices low, which helps curb grocery inflation.
UK retail inflation returns to 'normal' levels as elections approach
At the beginning of May, UK retailers' price increases fell to their lowest level in more than two years, further showing signs of improving economic prospects.
Bets on Canada Rate Cut Hold Out Hope for Underperforming Banks
Investors up and down Toronto’s Bay Street are increasingly betting on a June rate cut in Canada, potentially giving a boost to Canada’s long-suffering bank stocks.