promit07 @promit07
A Reuters journalist and a storyteller. Chronicled India and South Africa for more than a decade. Now covering Canadian Economics in Canada. Views personal Ottawa, Canada Joined December 2008-
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Canadian factory PMI falls in April as downturn hits one year reuters.com/markets/canadi…
Canada opposition leader calls Trudeau a 'wacko,' is ejected from chamber reuters.com/world/americas…
Canada's economic rebound seen in January showing early signs of fizzling out #cdnpoli #cdnecon #Canada #GDP #InterestRates #Fed reuters.com/world/americas….
Exclusive: Canada is putting up $59.9M for a $226M project in which IBM will expand its Bromont semiconductor packaging plant and develop new quantum tech. Quebec facility is a key link in Ottawa’s plan to join U.S.-led reshoring of chip supply chains. thelogic.co/news/exclusive…
Bank of Canada says any rate cuts would probably be gradual #interestrates #canada reuters.com/world/americas…
Honda to set up $11 bln EV production base in Canada #ev #canada #honda #ElectricVehicles
Canada to give Indigenous groups loan guarantees for resource projects #cdnpoli #cdnecon #Canada #IndigenousPeoples reuters.com/world/americas…
Canada government sees budget deficits gradually declining #cdnpoli #Canada #deficit reuters.com/world/americas…
Canada March CPI edges up; easing core inflation feeds June rate cut bets #cdnpoli reuters.com/world/americas…
Canada to push ahead with digital services tax on global tech firms starting 2024 #cdnpoli reuters.com/world/americas…
Canada March inflation data shows economy moving in right direction, says BoC governor #cdnpoli reuters.com/world/americas…
Trudeau government proposes more taxes on wealthy Canadians to fund housing #cdnpoli reuters.com/world/americas…
Tax the rich to fund high spending, says Justin Trudeau’s government #cdnpoli #canada #budget reuters.com/world/americas…
Canada's budget is coming tomorrow amid fears of missing fiscal guardrails #canada #budget #fiscaldeficit #economy reuters.com/markets/canada…
Canada, hit by a housing crisis, plans to build 3.9 million homes by 2031 #Canada #housingCrisis #housing reuters.com/world/americas…
Canada to allow some first-time home buyers to pay off mortgage in 30 years #Canada #Canadahousing #HousingCrisis reuters.com/markets/canada…
Bank of Canada lifts 2024 growth forecast to 1.5% led by immigration and increased household spending #Canada #GDP #economicgrowth #interestrate #MPR #bankofcanada reuters.com/markets/bank-c…
A June rate cut within the realm of possibilities - Bank of Canada Governor Tiff Macklem says, after his governing council decided to keep rates at 5% for sixth consecutive time #interestrates #inflation #bankofcanada #Canada reuters.com/business/finan…
Canada surprisingly sheds jobs in March and traders now expect a higher chance of June rate cut... Unemployment rises to highest since Jan 2022 #unemployment #canada #jobs #InterestRates reuters.com/markets/canada…
Jayshree P Upadhyay @jaysh88
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Deputy Prime Minister.. @DeputyPM_Canada
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Reactions: Canada unveils fresh taxes on wealthy in federal budget reut.rs/3Wk5Dx1
Thread time! Budget 2024 is out. The biggest announcement is an increase to the inclusion rate on capital gains realized annually above $250,000 by individuals and on all capital gains realized by corporations and trusts from one-half to two-thirds.
Globe and Mail photographer cleverly captures the best side of my head
Canada's Prime Minister Justin Trudeau views the 90% partial solar eclipse with solar lenses on a deck at the Office of the Prime Minister and Privy Council in Ottawa, Ontario, Canada on Monday, April 8. 📸 Ismail Shakil/Reuters Got photos of the total solar eclipse? Share them…
It was a pleasure to join thousands of people from across the country today in Montreal to watch the eclipse of the century! Everyone’s curiosity and passion for science is truly inspiring.
The Labour Stats folks at @StatCan_eng should provide Canadians, including their friends at @bankofcanada, with some clarity on the growing discrepancy between wage growth estimates in their LFS and SEPH data.
Wage growth was hot once again in the March LFS, but an ongoing divergence remains btw headline avg, and fixed-weight metrics. This has me taking the headline series with a grain of salt, because it's an outlier vs. other data like SEPH.
This was probably one of the most interesting journalist interviews I’ve ever watched! Fantastic to hear the outside perspective looking into Canada. Thank you, @journo_dale and @SchererSteve, best of luck with what’s next! youtu.be/QzRVaW4_5L4?si…
As Anil Arora marks his final day as Chief Statistician of Canada, we thank him for his leadership and dedication to providing Canadians with reliable data and insights that make a meaningful impact. canada.ca/en/innovation-…
A million solar eclipse enthusiasts expected at Niagara Falls reuters.com/science/millio…
“Canada has historically been seen as a hydroelectricity superpower, but this narrative has shifted. In parts of the country, conditions are truly disastrous.” wsj.com/us-news/climat…
@promit07 Potentially, but that wage growth isn’t happening in a vacuum - it’s also influenced by present and past inflation itself.
It’s looking more and more like this year will be Canada’s 2008
Some personal news: After 5 years as chief correspondent in Canada, @Reuters has eliminated my position. It has been an honor and privilege to cover Canada's economy and politics. I especially to thank @JustinTrudeau and his staff and everyone at @bankofcanada #cdnpoli 1/
Moody's changes Bell Canada's outlook to negative; affirms all ratings ratings.moodys.com/ratings-news/4…
"I cannot make announcements about the 2024 budget," Canada Finance Minister Freeland tells lawmakers on the legislature's finance committee.
A necessary reality check on the hydrogen superpower narrative. theglobeandmail.com/business/comme…
An honor to be in Adam Smith's home. Probably no other place in the world is so evocative for an economist.
It was a pleasure hosting @BrankoMilan for our first #AdamSmith Lecture Series of 2024. Many thanks to all who attended this insightful lecture which is available to watch in full on our YouTube channel: youtube.com/watch?v=eBPty7…
@JustinTrudeau is early for an event
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