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Did Canadian western bank make a profit?

Based on Canadian Western Bank’s latest earnings release for the quarter ending April 30, the company reported a quarterly revenue of $264.41 million and a net profit of $77.23 million. In comparison, last year the company earned a revenue of $258.76 million and had a net profit of $81.39 million

Will the bank of Canada stay on the sidelines?

The print bolstered expectations that the Bank of Canada will likely remain on the sidelines for its next interest rate decision and put its tightening cycle on pause.

What is a new signpost for inflation-targeting central bank?

An inflation-targeting central bank, and financial market participants, needed a new signpost to follow." That signpost had been labour market indicators, including unemployment, job vacancy rates and wage growth, that could show whether the job market was in excess demand or supply.

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