Key interest rate could soon go up another half percentage point, central bank says
The governor of the Bank of Canada is signalling Canada’s key interest rate could go up another half percentage point in June to help wrestle
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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.
Canada eyes new measures to protect economy from national security threats
New measures to ensure Canada doesn’t export sensitive technology to foreign adversaries are among the changes being eyed by Ottawa to bolster the country’s economic
Bank of Canada governor Tiff Macklem says he won’t ‘rule anything out’ on rates
He wouldn’t rule out pushing rates beyond 50 basis points all in one sitting, after moving to lift rates by that amount to one per
Statistics Canada says retail sales edged up 0.1 per cent in February
Statistics Canada says core retail sales — which exclude sales at gasoline stations and motor vehicle and parts dealers — rose 1.4 per cent.
That costs what?! A look at how much some consumer prices went up in the last year
While gasoline prices are big part of the picture, having jumped last month by 39.8 per cent compared with March 2021, price pressures are far
Ontario Teachers’ looks to increase venture capital investments
Pension fund manager says it is looking to make investments in the sector comprise seven to 10 per cent of its net assets over the
Feds pledge cash for supply chain problems, but plenty of gaps persist
The federal government plans to spend more than a half-billion dollars to fix supply chain issues, but experts say it falls far short of the
UPDATED: Bank of Canada raises key rate half a point to 1% and warns of further hikes to come
The Bank of Canada raised its key interest rate by the highest amount in more than 20 years and warned more rate hikes are
Canadians with mortgages brace for big Bank of Canada rate hike
The Bank of Canada is gearing up to announce its next move on interest rates this Wednesday, with Bay Street forecasters expecting a 50 basis-point
Cannabis company Tilray Brands signs definitive agreement in Hexo deal
Cannabis company Tilray Brands Inc. has signed a definitive agreement in its proposed plan with rival Hexo Corp. first announced last month.
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