Canadian Dollar reaches new low since August 5, appears weak against strong USD

Canadian Dollar remains weak close to a five-week low against USD as attention turns to FOMC Minutes

USD/CAD Update and Economic Context The USD/CAD pair reached a new high since August 5 during Tuesday’s Asian session, but it hasn’t consistently drawn in buyers and remains below the mid-1.4000s threshold. Crude oil prices have rebounded from a low seen a week and a half ago, and this along with the Bank of Canada […]

Euro rises against Canadian Dollar before Germany’s HICP figures

Canadian Dollar rises as decreased safe-haven demand impacts US Dollar.

EUR/CAD saw a rebound after two consecutive days of decline, trading near 1.6120 during the European session on Monday. Traders are keeping a close eye on upcoming German inflation data, specifically the preliminary Consumer Price Index (CPI) and Harmonized Index of Consumer Prices (HICP), set to be released later today for further directional insights. Eurozone […]

Canadian Broadcasting Corporation receives criticism after an internal memo instructing journalists not to label the 9/11 attacks a ‘terrorist attack’ comes to light.

Canadian Broadcasting Corporation receives criticism after an internal memo instructing journalists not to label the 9/11 attacks a 'terrorist attack' comes to light.

The Canadian Broadcasting Corporation (CBC) is encountering significant backlash from both political figures and the public following the leak of an internal memo. This memo, which came to light ahead of the 25th anniversary of the September 11 attacks, instructed journalists to refrain from labeling the event as a “terrorist attack.” The guidance, issued by […]

Canadian Conservatives Respond to Carney’s Economic Conflict with the U.S.

Canadian Conservatives Respond to Carney’s Economic Conflict with the U.S.

Alberta and Saskatchewan Premiers Reject Retaliatory Tariffs Against U.S. On Wednesday, Alberta Premier Danielle Smith and Saskatchewan Premier Scott Moe held separate press conferences where they declined to impose retaliatory tariffs on natural resources from the United States, pushing back against Prime Minister Mark Carney’s apparent trade war approach. Both leaders stated they had no […]

Canadian Broadcasting Corp Instructs Employees Not to Call 9/11 a ‘Terrorist Attack’

Canadian Broadcasting Corp Instructs Employees Not to Call 9/11 a 'Terrorist Attack'

CBC Instructs Reporters Not to Label 9/11 as Terrorism The Canadian Broadcasting Corporation (CBC) issued a memo this week to its reporters and editors directing them not to use the term “terrorist attack” when discussing the events of September 11, 2001. This directive stirred a considerable amount of astonishment among those who learned of it. […]