08:57 AM EDT, 09/06/2024 (MT Newswires) -- The Bank of Canada (BoC) cut rates again on Wednesday for the third consecutive time since June, bringing its policy rate to 4.25%, noted UBS. This didn't come as a surprise, as inflation has moderated markedly, with all the major measures within their target range, wrote he bank in a note to clients....

09:01 AM EDT, 09/06/2024 (MT Newswires) -- According to Friday's Labour Force Survey (LFS), 22,000 Canadian jobs were created in August, said Desjardins. That said, all of them were part-time and were largely focused in sectors such as education and healthcare, industries not tied to the business cycle, noted the bank. With population growth strong once again and labor force...

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09:02 AM EDT, 09/06/2024 (MT Newswires) -- Omineca Mining and Metals ( OMMSF ) on Friday said it can use lower-cost traditional mining methods at the Wingdam Project in south central British Columbia. The company said that after delays caused by high rainfall this summer, its joint venture partner D&L Mining has reached the interior of the paleochannel at the...