BoC’s Macklem says he wants growth to pick back up as bank cuts key rate again
The Bank of Canada cut its key interest rate for a second consecutive time on Wednesday, but warned the path back to two per cent
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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.
Extreme weather hit profits at over half of Canadian businesses: survey
The survey of 350 business owners and executives by KPMG in Canada found 92 per cent fear their company will feel the impacts of extreme
Bank of Canada’s next move less certain after inflation rate ticks higher in May
Canada’s annual inflation rate rose to 2.9 per cent in May, largely driven by higher prices for services, Statistics Canada reported on Tuesday.
BDC commits $250M to help Indigenous and Black-led businesses
The BDC says it is launching a $50-million program that will provide loans, plus training, for businesses that are majority-owned by women, Indigenous and Black
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