Business

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Canada's surprise Aug retail sales drop boosts bets central bank will hold rates 9:28am EDT

OTTAWA (Reuters) - Canadian retail sales unexpectedly fell in August, pointing to a slowdown in growth after a hot first half of the year and bolstering expectations the Bank of Canada will refrain from hiking interest rates again next week.  Full Article

 
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TSX near eight-month high on broad-based gains 10:59am EDT 

TORONTO (Reuters) - Canada's main stock index was broadly higher on Friday, touching its strongest level in nearly eight months, as rail companies, banks and miners led gains.  Full Article  

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Canada annual inflation rises in September on gasoline, food costs 9:00am EDT 

OTTAWA (Reuters) - Canada's annual inflation rate rose to the highest in five months in September on higher prices for gasoline and food, moving closer to the central bank's target, data from Statistics Canada showed on Friday.  Full Article