Bank Of Canada
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Canada’s economy still showing modest growth to start 2024Statistics Canada pointed to a rebound in the public sector, tied largely to the end of strikes in Quebec, as driving economic growth in January.Economy36 mins
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Weak productivity is an economic ‘emergency,’ Bank of Canada warnsBank of Canada senior deputy governor Carolyn Rogers gave a speech in Halifax on Tuesday in which she sounded the alarm on Canada’s flagging productivity rates.EconomyMar 26
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Inflation drop is ‘very encouraging’ but ‘it’s one number’: BoC officialA senior official at the Bank of Canada says the February inflation figures were 'very encouraging' to the central bank, but that's not all policymakers are watching.EconomyMar 21
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Rate cuts could be in the cards for 2024, but BoC sees housing market as a riskThe Bank of Canada's governing council says the conditions for interest rate cuts should materialize this year, but the housing market is a risk to the inflation outlook.MoneyMar 20
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Bank of Canada says it’s ‘too early’ to cut rates. Here’s what to expectThe Bank of Canada held its benchmark interest rate at 5.0 per cent on Wednesday as Governor Tiff Macklem said it was 'too early' to cut rates.EconomyMar 6
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Ottawa’s fiscal wiggle room squeezed by rising debt costs, watchdog saysThe Liberal government is heading into its 2024 budget with higher debt costs and a slowing economy, a new report form the Parliamentary Budget Officer shows.EconomyMar 5
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Interest rate hold widely expected in BoC’s latest decision. Are cuts close?The central bank is widely expected to continue holding its key interest rate at five per cent Wednesday, as many forecasters anticipate the first rate cut to come in around June.CanadaMar 4
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2 years in, has the Bank of Canada’s historic rate hike campaign done the job?Two years after the Bank of Canada started raising its key interest rate, inflation, the housing market and the overall economy are vastly different. Here's what's next.MoneyMar 2
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Inflation fell sharply last month. Will we see spring rate cuts?The annual rate of inflation in Canada dropped half a percentage point in January thanks largely to lower gas prices and cooling at the grocery store as well.EconomyFeb 20
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Bank of Canada deliberations show ‘rate cuts are not imminent,’ economist saysThe Bank of Canada's top officials pointed to a 'mixed picture' for inflation in deliberations that led to the central bank's fourth consecutive interest rate hold.CanadaFeb 7
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