Canada & World

Bank of Canada deputy governor Nicolas Vincent says businesses raising their prices more frequently than they did before the pandemic is contributing to higher-than-expected inflation.

Statistics Canada said Friday real GDP was essentially unchanged for the first month of the third quarter, following a 0.2 per cent decline in June.

The struggles facing the economy will ease next year when growth returns and the Bank of Canada begins cutting its key lending rate, a new forecast from Deloitte Canada said.

Canadian cannabis companies are cheering a Senate committee's decision today to push forward with easing federal financing restrictions on the U.S. industry.

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 time soon.

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 price index report showed inflation climbed in August for the second month in a row.

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.

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.

Economists are forecasting inflation reaccelerated to around four per cent last month, reversing previous progress made as gasoline prices push inflation higher.

Metroland Media Group will end print editions of its community newspapers as it seeks protection under the Bankruptcy and Insolvency Act.