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08.08.2025 12:49 AM
Canada’s economy is slowing down. The latest car sales report showed a 3.2% m/m decline in July, marking the fourth consecutive monthly drop following a spike in March when consumers rushed to make purchases before the introduction of tariffs. Meanwhile, in the U.S., car sales rose by 7.1% m/m in July. The Bank of Canada is expected to keep its key interest rate at 2.75% until the end of the year. At first glance, given
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