Macklem says interest rate cut in June possible after holding policy rate once again
Bank of Canada governor Tiff Macklem says the central bank could begin lowering its key interest rate at its next decision in June after deciding
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Tech experts hope federal AI funding will help quicken adoption, commercialization
Tech experts are hopeful that more than two billion dollars in federal funding for Canada’s artificial intelligence industry will accelerate the adoption of technology and
Spring housing market surge unlikely as affordability, cost of living weigh on buyers
After five straight holds of the Bank of Canada’s key interest rate that followed its hiking cycle of more than a year, economists say a
Tech industry says barriers keep Canadian companies from selling to government
Bureaucracy makes it too difficult for Canadian tech companies to sell to government, a new report from an industry group says — and all that
Firms, consumers more optimistic about economy amid expected rate cuts: BoC surveys
The Bank of Canada says business and consumer sentiment improved during the first quarter of the year, despite higher interest rates still putting a drag
Canada likely to avoid recession, begin recovering in second half of 2024: Deloitte
Canada looks set to dodge a recession despite the ongoing downward pressure from higher interest rates, Deloitte Canada said in its economic outlook report.
Statistics Canada reports real GDP up 0.6 per cent in January as Quebec strikes end
Statistics Canada says real GDP grew 0.6 per cent in January, helped by the end of public sector strikes in Quebec in November and December.
Housing starts stable in 2023, but demand still outpaces growing supply of apartments
The agency says combined housing starts in the Toronto, Vancouver, Montreal, Calgary, Edmonton and Ottawa regions dipped 0.5 per cent compared with 2022, totalling 137,915
Business leaders say housing biggest risk to economy: KPMG survey
Business leaders see the housing crisis as the biggest risk to the economy, a new survey from KPMG Canada shows.
CFIB says 200,000 small businesses took new loans to meet CEBA repayment deadline
CFIB president Dan Kelly says many businesses that had to borrow to repay their CEBA loans are facing high interest rates and will be challenged
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