Home sales, prices will likely fall in short term but pick up next spring: TD report
A new report by TD Economics predicts Canadian home sales and average prices will fall over the coming months but pick up by the second
Skip to content
Bank of Canada
BoC holds key interest rate at 5%, keeps door open to more hikes in case of sticky inflation
The Bank of Canada held its key interest rate steady at five per cent today, noting there are clearer signs of the economy cooling and
BoC expected to hold key interest rate steady at 5% amid ‘sluggish’ economy
The Bank of Canada is widely expected to hold its key interest rate steady on Wednesday as the Canadian economy bends to higher interest rates
Slowdown in inflation supports interest rate pause next week, economists say
Statistics Canada says the annual inflation rate slowed to 3.8 per cent in September as prices year-over-year rose more slowly across the economy.
Business gloom deepens as sales moderate, Bank of Canada survey finds
The Bank of Canada says its business outlook survey indicator fell in the third quarter as companies expect sales growth to slow over the coming
Economy to ‘stagnate,’ federal deficit expected to balloon to $46.5B this year: PBO
The PBO says higher interest rates will lead the economy to stagnate in the second half of the year, while the federal deficit rises significantly
Macklem says BoC will have to decide whether to be patient or to raise rates further
Bank of Canada Governor Tiff Macklem says the central bank will be deciding whether to exert patience at its next rate meeting or hike rates
Ottawa-Gatineau’s unemployment rate rises to 4.9% in September
The Canadian economy added 64,000 jobs last month as the country’s population continues to rapidly grow.
Frequent price increases by businesses contributing to sticky inflation: BoC official
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.
Economy will be ‘back on its feet’ next year, Deloitte Canada says
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
Get our email newsletters
Get up-to-date news about the companies, people and issues that impact businesses in Ottawa and beyond.
The Latest
Video
OBJ360
Sponsored
Sponsored
The Ottawa Hospital Foundation’s Campaign to Create Tomorrow
The $500-million fundraising campaign is the largest in our city’s history. It will reshape the future of healthcare in Ottawa and beyond.
