A December Fed Hike Would Squeeze Canadian Borrowers as PPI Looms
A December rate hike by the United States Federal Reserve would squeeze Canadian borrowers, with the October Producer Price Index due Friday and a hike already fully priced.
A December rate hike by the United States Federal Reserve would squeeze Canadian borrowers, with the October Producer Price Index due Friday and a hike already fully priced.
Montreal brought up to 2.5 billion dollars in waterbomber financing and a 44 million dollar helmet contract, two defence and industrial items with direct Canadian employment behind them.
The Montreal declaration sets a year of negotiation before a 2027 summit, and Prime Minister Mark Carney has said any enhanced Canada-EU partnership will need parliamentary approval.
EU imports of Canadian critical raw materials rose 62 percent in 2025 to 3.3 billion euros, and an agreement allowing the European Investment Bank to back Canadian mineral projects was expected at Montreal.
The Canada EU joint declaration is due on Friday, and Prime Minister Carney has said any enhanced partnership would require approval by the Canadian parliament.
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