Canada averts recession with meagre growth in Q4, consumers and businesses pinched
The Canadian economy continues to beat recession fears, posting modest growth in the fourth quarter even as high interest rates weighed on consumers and businesses.
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Bank of Canada
‘Very pleasant surprise’: Canada’s inflation rate tumbles to 2.9 per cent in January
Canada’s annual inflation rate fell to 2.9 per cent last month, marking a sharper deceleration in price growth than expected by forecasters.
Rate cut timing ‘difficult to foresee’ amid inflation pressures: BoC deliberations
The Bank of Canada isn’t sure when it will be able to start cutting interest rates as it continues to contend with inflation that’s still
Ottawa home sales up, but strong start to 2024 unlikely to delay BoC rate cuts: economists
Ottawa home sales rose year-over-year in January, but the market remains “relatively quiet” as would-be buyers continue to take a wait-and-see approach, the Ottawa Real
Don’t look to the BoC to solve Canada’s housing and economic woes, Macklem says
Bank of Canada governor Tiff Macklem is laying out the limits of monetary policy as he warns the central bank can’t solve problems such as
Bank of Canada holds key interest rate at 5%, signals shift toward rate cut talks
The Bank of Canada held its key interest rate at five per cent today and signalled it has begun discussing when it should start cutting
All eyes on the BoC this week for any hints on when it plans to cut interest rates
As the Bank of Canada gears up to announce its next interest rate decision Wednesday, economists will be on the lookout for any clues on
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
Economists see ‘turning point’ in housing market this year as interest rate cuts loom
After a year marked by caution and shifting expectations spurred by rising borrowing costs, economists believe the Canadian housing market could be in for a
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