Overview
- The Bank of Canada will resume publishing a formal economic outlook at its Oct. 29 rate decision, with Governor Tiff Macklem pledging a “humble,” risk-focused stance.
- Macklem said uncertainty from U.S. tariffs has lessened since spring but global trade threats remain, and policymakers will assess new business and consumer surveys plus the September inflation data before the decision.
- The bank cut rates by a quarter-point last month on evidence of labour-market softness, noting a 60,000-job gain in September followed losses exceeding 100,000 over July and August.
- Manitoba’s Jobs Agreement requires union-level wages, benefits and apprenticeship standards and a “prioritize Manitoba workers” rule for four new schools, applying the model to public projects above $50 million.
- Opinion writers argue the Manitoba framework limits competition and favors organized labour, letters press provinces on pipelines and transfer payments, and local sports coverage notes the Ottawa Senators’ 2-4-0 start with captain Brady Tkachuk out six to eight weeks after thumb surgery.