Economic recovery in Canada boost loonie

Donald Trump invited India, Russia, Australia, and South Korea to the G-7 meeting. Canadian Prime Minister Justin Trudeau said on Monday that Russia will not be included in the upcoming meeting of Group of Seven nations (G-7),  after knowing that the US President Donald Trump revealed that he has plans to invite Russia. The Trump [...]

BoC meeting impacts Loonie

On Wednesday’s Bank of Canada policy meeting was a much-excepted event. The interest rates of BoC was unchanged at 0.25%. The statement noted the uncertainty on how the recovery would unfold from the corona virus impacted economy but positive notes were added that the impact of COVID-19 on the economy had peaked. There will be [...]