Canada’s Economy Just Wobbled But Rate Hikes Are Still In the Cards [Bloomberg Business News]
Bank Nova Scotia Halifax Pfd 3 Ordinary Shares (BNS)
Last bank nova scotia halifax pfd 3 ordinary shares earnings: 2/25 05:30 am
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Source: Bloomberg Business News
LISTEN TO ARTICLE 3:45 Canada’s economy is stuck in a soft patch, but analysts remain optimistic a rebound and further interest-rate hikes are still in the cards. Data over the last month reveal an economy struggling to find its footing and hobbled by headwinds ranging from trade frictions with the U.S. to a slowing housing market and poor weather. Still, economists remain convinced that strong U.S. growth and a recovery in consumer spending will lead to a revival. “Fundamentals are still in place,” said Krishen Rangasamy, a senior economist at National Bank of Canada. “It’s true we are not getting ideal results,” he said, but “it’s still too early to say that things are bad in Canada.” The nation’s economy has failed to grow beyond 2 percent for three consecutive quarters, something that hasn’t happened since 2015. Economists anticipate growth will accelerate to 2.5 percent in the second quarter, after sluggish consumer spending reduced it to
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BNS
Earnings
- 2/27/24 - Beat
BNS
Sec Filings
- 4/24/24 - Form 424B2
- 4/24/24 - Form 424B2
- 4/24/24 - Form 424B2
- BNS's page on the SEC website