No rush for Bank of Canada to raise interest rate even as inflation rate hits 3%, say economists
Canada’s inflation rate rose to three per cent in July. (Credit: Postmedia) Canada’s inflation rate in July rose…
Higher gas prices expected to nudge Canada’s inflation rate back near 3% in July, economists say
Gas prices soared to almost $1.97 a litre at some gas stations in Greater Sudbury, Ont. on Tuesday…
Bank of Canada expected to hold interest rate as weak economy, heightened uncertainty persist
Tiff Macklem, governor of the Bank of Canada, during a news conference in Ottawa on June 10. (Credit:…
Bank of Canada set to hold rates as a rebound in growth offsets inflation worries
By Promit Mukherjee OTTAWA, July 13 (Reuters) – The Bank of Canada is expected to keep its key…
Canada Economy in Recovery Mode: What’s Ahead for ETFs?
Canada’s economy has been in decent shape. The country’s economy rebounded more than expected in April, following a…
Bank of Canada’s Tiff Macklem says there’s still little evidence that energy inflation is spreading
Bank of Canada Governor Tiff Macklem said staff are still trying to figure out whether the spike in…
Bank of Canada to hold on rates as 33% gas inflation masks weak economy, say economists
The Bank of Canada building in Ottawa. (Credit: HYUNGCHEOL PARK/Postmedia files) Inflation in May accelerated past the top…
Extreme weather impacts on consumers and insurers in Canada, December 2019 to December 2025: An updated analysis
Highlights from December 2019 to December 2025
Extreme weather is increasing in frequency and severity.
Extreme weather…
Inflation data gives Bank of Canada more flexibility to hold interest rates, economists say
The head office of the Bank of Canada located at 234 Wellington Street in Ottawa. (Credit: Adam Huras/Brunswick…
Iran war, U.S. trade policies remain key worries for Bank of Canada in setting rates
Impacts of soaring oil prices and the uncertainty surrounding United States tariffs remained top of mind for the…
‘Hawkish’ Bank of Canada has economists warning of rate hikes sooner than expected
The Bank of Canada held its benchmark lending rate at 2.25 per cent for the fourth consecutive time,…
Bank of Canada expected to hold rates Wednesday, but economists split on whether cuts or hikes loom
The Bank of Canada will leave its benchmark interest rate unchanged at 2.25 per cent, as is widely…