Bank of Canada holds key interest rate steady at 2.25% in soft economy
The Bank of Canada held its benchmark interest rate steady Wednesday and forecasts a gradual economic recovery from the U.S. tariff shock. The policy rate
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Canada & World
Canadian and international business news relevant to local business leaders here in Ottawa. Includes stories related to inflation, interest rates, employment, major government announcements and more.
Bank of Canada expected to keep key rate steady this week — and maybe all year long
Many economists expect no change in the Bank of Canada’s benchmark interest rate later this week — and, possibly, for the rest of the year.
Surprise inflation hike won’t knock Bank of Canada off sidelines, economists say
Inflation closed out 2025 with a surprise uptick, but economists weighing in Monday argued there was little cause for concern under the hood to warrant
Inflation steady at 2.2% in November despite grocery price hike
Rising costs at the grocery store were causing fresh pain for consumers in November even as Statistics Canada reports the overall inflation rate held steady
Bank of Canada leaves key interest rate unchanged at 2.25%
The Bank of Canada left its key interest rate unchanged Wednesday as it signalled the 2.25 per cent level is about right to balance keeping
Canada’s economy rebounds in third quarter with 2.6% growth
The Canadian economy topped expectations with a sharp rebound in the third quarter as a stronger trade balance helped fuel the recovery from a tariff-driven
Inflation cools to 2.2% in October as gas, grocery prices fall
Cheaper prices at the gas pumps and grocery store helped bring down inflation in October, Statistics Canada said Monday. The annual rate of inflation cooled
New study suggests entrepreneurs more likely to experience symptoms of ADHD
A new study from the Business Development Bank of Canada suggests that attention-deficit hyperactivity disorder, or ADHD, may be more common among entrepreneurs than in
Federal budget forecasts $78B deficit as Liberals shift spending to capital projects
This year’s federal budget contains a deficit nearly twice the size forecast by the Liberals a year ago, as Prime Minister Mark Carney’s government prioritizes
Weak GDP report unlikely to sway Bank of Canada to more rate cuts: economists
The Canadian economy was showing more cracks in August, but most economists weighing in on the latest data say they don’t think the Bank of
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