Business, consumer sentiment subdued in Q2: Bank of Canada surveys

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Bank Of Canada News

Consumer Sentiment

OTTAWA — The Bank of Canada says business and consumer sentiment remained subdued during the second quarter of the year even as the country saw its first...

OTTAWA — The Bank of Canada says business and consumer sentiment remained subdued during the second quarter of the year even as the country saw its first interest rate cut.

However, the survey found homebuying intentions were close to the historical average because many Canadians, including newcomers, planned to wade into the market soon. ‘We’re drowning in debt… but I drive a BMW’: Young couple has $628.5K debt but no realistic plan to manage it allSure, Enbridge stock used to be a dividend giant, but I fear that's no longer the case. Yet this stock has a far better outlook. The post A Dividend Giant I’d Buy Over Enbridge Stock Right Now appeared first on The Motley Fool Canada.Albertans pay some of the highest auto insurance premiums in the country — but some insurers say the business isn't profitable here.

 

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