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Canada’s annual inflation rate accelerates to 3.4% in Dec, complicating path for BoC
Canada’s annual inflation rate rose to 3.4 per cent in December, largely reflecting a sharper decline in gasoline prices a year ago compared to last
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’s annual inflation rate accelerates to 3.4% in Dec, complicating path for BoC
Canada’s annual inflation rate rose to 3.4 per cent in December, largely reflecting a sharper decline in gasoline prices a year ago compared to last
Home sales expected to rebound as rate cuts begin in 2024, but experts urge caution
December home sales were up 3.7 per cent compared with the same month in 2022, marking the largest year-over-year gain since August. The actual national
Economists expect December inflation ticked up, trend still points to slowdown
Economists are forecasting Canada’s inflation rate likely ticked up last month, but that isn’t expected to set off alarm bells as long as underlying price
Rate cuts and a return to growth: What Deloitte sees on the Canadian economic horizon
The Canadian economy will return to growth in the second half of 2024, with interest rate cuts as early as this spring, according to a
Tim Hortons reveals which three doughnuts will join Dutchie in returning to menu
Canadians who have missed being able to buy blueberry fritters, cinnamon sugar twists and walnut crunch doughnuts at Tim Hortons are in luck.
E-scooter provider Bird Canada unaffected as U.S. operations file for bankruptcy: COO
Electric scooter rental company Bird Global has filed for bankruptcy in the U.S. but its operations in Canada will be unaffected, according its COO.
Odds of another rate hike have fallen, BoC governing council agreed as it held rate
The odds of another rate hike have decreased, the Bank of Canada’s governing council agreed during discussions ahead of its most recent interest rate decision.
Inflation holds at 3.1% in November as progress in tamping down price growth stalls
Canada’s annual inflation rate was unchanged last month, holding steady at 3.1 per cent as progress on tamping down price growth stalled.
Macklem says 2024 likely to be ‘transition’ year as economy slows, inflation falls
Bank of Canada governor Tiff Macklem says he expects 2024 to be a transition year as higher interest rates slow down the economy, making way
Most businesses surveyed on track to repay CEBA loans, chamber says
The Canadian Chamber of Commerce said Wednesday that nearly half of the 16,000 small businesses it heard from in its fourth-quarter survey on business conditions
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