Bank of Canada cuts key interest rate to 2.5% as U.S. tariff risks shift
The Bank of Canada cut its benchmark interest rate by a quarter point on Wednesday as the central bank worries less about inflation risks and
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Bank of Canada
Inflation ticks higher to 1.9% in August, short of economists’ expectations
Some stubbornness at the gas pumps pushed the headline inflation rate a couple ticks higher to 1.9 per cent in August, Statistics Canada said Tuesday.
Bank of Canada expected to cut interest rates after last-minute inflation report
The Bank of Canada will have to grapple with a last-minute inflation report, a shift in the federal government’s tariff stance and lingering uncertainty about
Canada sees most August home sales in four years: CREA
The Canadian Real Estate Association says it recorded the most home sales for August in four years, potentially setting the stage for a hot fall
Region’s unemployment rate jumps to 6.7% in August, highest level in four years
Ottawa-Gatineau’s unemployment rate rose to its highest level in four years last month as the local economy continued to bleed jobs in key sectors such
Canada’s economy contracts in May, but there were signs of a June rebound
The Canadian economy contracted again in May, Statistics Canada said Thursday, but signs of a rebound in June could see growth hold flat for the
Bank of Canada holds key rate at 2.75% as economy shows resilience to tariffs
Signs of resilience in the Canadian economy were enough for the Bank of Canada to leave its benchmark interest rate unchanged Wednesday, but the spectre
CFIB sees recession in Canada as business confidence remains ‘persistently low’
The Canadian Federation of Independent Business is forecasting a recession in Canada this year. A new report from CFIB, released Thursday, shows it’s forecasting that
Business confidence subdued amid tariffs but ‘worst-case’ less likely: BoC survey
A pair of reports from the Bank of Canada say tariff-related uncertainty continued to put a damper on business and consumer sentiment in the second
CREA cuts 2025 forecast again but says home sales are rebounding from ‘chaotic start’
For the second time this year, the Canadian Real Estate Association has downgraded its forecast for home sales in 2025, even as it says a
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