Wayne Karl
@WayneKarl
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Editor, writer, blogger, content crusher, EIC, NextHome. Father of amazing young man. Hockey. Cycle. Golf. Repeat
Toronto
Joined November 2009
Very special moment after hockey this week. The one and only Darryl Sittler joined host Joe Arfin and #10PointLager as they prepare for the upcoming 50th anniversary of Darryl’s historic 10-point game against Boston on Feb 7, 1976. Have a watch and listen 👍 #Leafsforever
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Great news: Bank of Canada again reduces target for the overnight rate, by 25 basis points to 2.25%, citing uncertainty caused by US tariffs; projects GDP will grow 1.2% in 2025, 1.1% in 2026 and 1.6% in 2027. #Economy
#InterestRates
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A crash this week caused by inconsiderate dog walkers (sore neck, back, wrist, arm, knee) won’t stop me from my eighth Ride to Conquer Cancer next weekend. Physio, Advil, ice, heat, bandaids, kin tape… I’m using them all. Please consider supporting 👇🙏 https://t.co/iU758OaLBV
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A minor setback in training for the Ride to Conquer Cancer, thanks to an inconsiderate couple walking their dogs off leash on a shared path. Going to really earn it this year. If you’d like to support, please see the link below. https://t.co/iU758OaLBV
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Ready to Ride! 2025 @RideToConquer kit arrived today! Thanks to my generous supporters, hit Ambassador level for the eighth straight year 🙏 If anyone would like to support… https://t.co/iU758OaLBV
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Please consider supporting my eighth Ride to Conquer Cancer 🙏 https://t.co/iU758OaLBV
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Pervasive uncertainty created by continuously changing US tariff threats is restraining consumers’ spending intentions and businesses’ plans to hire and invest. #bankofcanada
#interestrates
#economy
#tariffs
#inflation
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close to 2% target and robust GDP growth. Economy grew by 2.6% in Q4 of 2024 following upwardly revised growth of 2.2% in Q3. Employment growth strengthened Nov-Jan and unemployment rate declined to 6.6% before stalling in Feb.../3
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BREAKING: Bank of Canada again reduces its target for the overnight rate to 2.75%, citing heightened trade tensions and US tariffs threatening to slow pace of economic activity and increase inflationary pressures. Cdn economy entered 2025 in a solid position, with inflation... /2
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Bank of Canada again reduces target for the overnight rate, to 3%; recent cuts to have started to boost the economy; recent strengthening in consumption and housing expected to continue; GDP growth to strengthen in 2025, will grow by 1.8% in '25 and '26. #economy
#interestrates
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Ontario’s Liberals will end Doug Ford’s housing disaster by making rent more affordable, building more homes, and cutting taxes to save real people money on the cost of a new home. ✍️ Add your name if you’re with us. https://t.co/l5bNLWbWJi
ontarioliberal.ca
The official site of the Ontario Liberal Party
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Over the past few years, the #construction industry's approach to #mentalhealth has significantly matured and expanded, but we still have a long ways to go, @RESCONprez wrote in a @BuildingExcelle column at https://t.co/zXTmez3v2w.
@WayneKarl
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softer growth than projected, BoC decided to reduce the policy rate by a further 50 basis points to support growth and keep inflation close to the middle of the 1-3% target range. #economy
#bankofcanada
#boc
#canadianeconomy
#InterestRates
#mortgagerates
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grow more slowly than the labour force. Inflation has been about 2% since summer, and is expected to average close to 2% target over the next couple of years. With inflation around 2%, the economy in excess supply, and recent indicators tilted towards... /3
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Great news, sort of: Bank of Canada again reduced its target for the overnight rate by 50 basis points to 3.25%. CDN economy grew by 1% in Q3, below BoC's Oct projection, and Q4 also looks weaker than projected. Unemployment rose to 6.8% in Nov as employment continued to... /2
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If economy evolves in line with latest forecast, BoC expects to further reduce the policy rate. Next rate announcement is Dec. 11. #economy
#bankofcanada
#canadianeconomy
#InterestRates
#mortgagerates
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