MNI BRIEF: Canadians Fuzzy On How BOC Hikes Slow CPI, Government's Role

CANADA FLASH MAY GDP +0.1% ON FACTORIES AND REAL ESTATE

MNI China Daily Summary: Friday, June 28

MNI BRIEF: BCB Evaluating Real Depreciation Impacts - Galipolo

MNI BRIEF: PBOC Pledges to Curb Any Overshoot Of The Yuan: MPC

MNI: PBOC Net Injects CNY40 Bln Via OMO Fri; Rates Unchanged

MNI: BAKER HUGHES US RIG COUNT 581; OIL RIGS 479; GAS RIGS 97

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK Bond Supply Calendar: BoE APF on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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Outlook: Emissions Reduction Plan, Bill Issuance

CANADA
  • SEPH payroll report for Jan -- largely overlooked by the main payroll report for Mar on Apr 8, the last major input before the BoC decision on Apr 13.
  • Bill issuance for 98-d (C$6.45B), 182-d (C$2.4B) and 364-d (C$2.4B).
  • Environment Minister Guilbeault tables a new GHG emissions plan in the morning, as part of the goal to reduce emissions by 40-45% below 2005 levels by 2030. CTV notes that Canada has issued at least 11 plans and set 9 different emissions targets since 1988 but has yet to meet one.
  • Yesterday, Trudeau secured an ambitious but expensive legacy project as Ontario signed onto a federal child-care program after nearly a year of negotiations. It joins a five-year C$30B program [1.2% of 2021 GDP] first announced in the 2021 budget. (Bloomberg)
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