Bank of Canada surveys suggest business and consumer inflation expectations up
Central bank says businesses’ expectations for near-term inflation have increased, and firms expect inflation to be high for longer than they did in the previous
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Bank of Canada
Canada’s house price boom strongest in suburbs as gap with downtown shrinks: Study
The Bank of Canada said in a study Monday that the closure of many downtown services coupled with a desire for more living space increased
Inflation skyrockets to highest level in nearly 40 years as gas prices soar
The agency said its consumer price index in May rose 7.7 per cent compared with a year ago, its largest increase since January 1983 when
More pay boosts possible this year amid tight labour market, inflation: experts
The combination of a fiercely competitive job market and the still-rising cost of living will likely lead to more companies boosting employee pay this year,
Bank of Canada likely to mirror 0.75% Fed hike next month: economists
The U.S. bank authority announced the Wednesday move will shift the country’s benchmark rate to a range between 1.5 per cent and 1.75 per cent
Ottawa-Gatineau’s jobless rate drops to 4.3% in May
Region’s red-hot economic growth continues as Ottawa-Gatineau employers added nearly 10,000 jobs to their payrolls last month, Statistics Canada says.
Bank of Canada says economy can handle higher rates despite household debt risks
High household debt and elevated housing prices have become bigger vulnerabilities in the past year, but the economy can handle the rising interest rates needed
Bank of Canada could hike interest rates past 3% in bid to bridle inflation
The deputy governor of the Bank of Canada says it may need to raise its key interest rate to three per cent or beyond to
Bank of Canada raises key rate by half a point amid stubbornly high inflation
In an unprecedented move, the Bank of Canada has announced a major increase to its key interest rate for the second time in two months
Bank of Canada on track for rate hike after GDP growth slows: Economists
Statistics Canada said Tuesday real gross domestic product grew at an annualized rate of 3.1 per cent in the first quarter, helped by business investment
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