BEIJING - China's consumer prices rose for a third straight month in April while producer prices extended their declines, suggesting resilient domestic demand despite a shaky economic recovery.
CPI rose 0.1% from the previous month, reversing a 1% drop in March and above a 0.1% decline predicted by economists. OTTAWA — The odds of a June interest rate cut from the Bank of Canada appear to have fallen after the latest jobs report from Statistics Canada showed employment jumped by 90,000 last month. The jobs gain far surpassed forecasters' expectations and marked the largest employment increase in more than a year. The federal agency's labour force survey on Friday shows the unemployment rate held steady at 6.1 per cent last month, while the employment gains were driven by part-time work.
If you were looking to municipal government for a tax break while costs around us continue to climb, think again: the City is moving ahead with a 4.8 per cent property tax increase this year. On April 23 during a special city council meeting in council chambers the elected officials passed third reading on the Five-Year Financial Plan Bylaw that calls for the increase — down from last year’s 5.8 per cent. But council didn’t stop there. Add in a 2.
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