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David Ljunggren


Stories by David Ljunggren

Photo: CP/File
News, Reuters

Industry and shippers brace for Canada rail stoppage, fear ‘catastrophe’

By David Ljunggren, Promit Mukherjee, Reuters August 14, 2024
North American industry groups and shippers are bracing for an unprecedented simultaneous stoppage at both of Canada's main railway companies that could inflict billions of dollars' worth of economic damage.

Bank of Canada cuts rates, sees weaker economy in 2024
Markets, News

Bank of Canada cuts rates, sees weaker economy in 2024

By David Ljunggren, Promit Mukherjee, Reuters July 24, 2024
The Bank of Canada on Wednesday trimmed its key interest rate by 25 basis points for the second month in a row, bringing it to 4.5 per cent, and said more reductions in borrowing costs were likely if inflation continued to cool in line with forecasts.


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