BoC watching its words to avoid spurring interest rate cut speculation, summary reveals
The Bank of Canada was watching its words at its last interest rate announcement, in fear of spurring speculation that rate cuts are coming any
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The Canadian Press
Swings in inflation not ‘unusual,’ but underlying price pressures still high: BoC
Bank of Canada deputy governor Sharon Kozicki says swings in the inflation rate are to be expected in a speech coming after the latest consumer
Canada’s inflation rate jumps to 4%, making the BoC’s next rate decision harder
gher gasoline prices drove Canada’s inflation rate to 4.0 per cent in August, making it the second month in a row inflation has risen.
Employers must use caution amid workplace power dynamics, experts say
Following the resignation of NHL coach Mike Babcock, experts say it’s important for senior-level employers to remember that positional power is a real thing.
Inflation likely gained pace in August, economists expect, reversing progress
Economists are forecasting inflation reaccelerated to around four per cent last month, reversing previous progress made as gasoline prices push inflation higher.
Eastern Ontario communities affected as Metroland ends print editions of community papers
Metroland Media Group will end print editions of its community newspapers as it seeks protection under the Bankruptcy and Insolvency Act.
Canadian tech organization urges ‘responsible’ approach to AI regulation
An organization representing more than 150 Canadian tech companies is calling on the country to take a sensitive but speedy approach to AI.
National home sales fall 4% between July and August as market slows: CREA
The Canadian Real Estate Association says home sales slowed last month as they tumbled by roughly four per cent between July and August.
Consumers still hungry for leisure travel, despite inflation, rate hikes: Transat CEO
Canadians are still gung-ho for travel to sun-splashed resorts and European getaways, in spite of higher inflation and interest rates, says Transat AT CEO.
Federal government will remove GST on new rental housing builds, senior source says
PM Justin Trudeau will announce Thursday the removal of the GST on construction of new rental apartment buildings, according to a senior government source.
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