Global Economic Snapshot: Canada’s Productivity Crisis, US Jobs Report Delays, and Major Corporate Investments
Key TakeawaysBank of Canada Deputy Governor Vincent underscored the growing urgency of Canada's weak productivity, describing it as a systemic issue trapping the economy in a vicious circle.The U.S. Bureau of Labor Statistics' decision to cancel the October 2025 Employment Situation Release and reschedule other key jobs reports has led to a notable drop in December Fed rate-cut expectations.Novartis AG (NVS) announced a substantial $23 billion investment in U.S. infrastructure over the next five years, high ...