Inflation rises to 1.9% in June as vehicle price hikes accelerate
The annual pace of inflation accelerated to 1.9 per cent in June as consumers were paying more at car dealerships, Statistics Canada said Tuesday. The
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Bank of Canada
UPDATED: Ottawa-Gatineau sheds 9,500 jobs in June, Statistics Canada says
Ottawa-Gatineau’s economy continued to bleed jobs in June as the region’s unemployment rate rose for the third consecutive month. The jobless rate in Ottawa-Gatineau was
Ottawa-Gatineau’s unemployment rate rises to 5.8% in May
Ottawa-Gatineau’s unemployment rate jumped three-tenths of a percentage point in May as the local economy shed nearly 4,000 jobs, Statistics Canada said Friday. The National
Bank of Canada holds key interest rate at 2.75% as tariff uncertainty persists
The Bank of Canada held its benchmark interest rate steady at 2.75 per cent Wednesday as policymakers keep waiting for more clarity on how tariffs
Canada’s economy grew 2.2% annualized in Q1 as businesses raced to beat tariffs
A rush to get ahead of Canada’s looming tariff dispute with the United States powered economic growth in the first quarter, Statistics Canada said Friday.
Bank of Canada holds key rate steady amid trade war, economic uncertainty
The Bank of Canada left its benchmark interest rate unchanged Wednesday as it waits to get a clearer picture of how global trade uncertainty is
Inflation’s surprise jump could push Bank of Canada to pause rate cuts
A surprise jump in inflation and a flood of “noise” in the economy may push the Bank of Canada to pause its interest rate cuts
CREA reports home sales fell in February amid tariff uncertainty
Home sales in February fell to their lowest level in more than a year as homebuyers stayed on the sidelines amid the uncertainty created by
End of federal tax holiday in February expected to lift inflation: economists
Economists are expecting the annual rate of inflation accelerated in February as the federal government’s temporary tax break came to an end mid-month. Statistics Canada
Bank of Canada cuts its key interest rate to 2.75% as tariffs roil economy
The Bank of Canada lowered its benchmark interest rate by a quarter point on Wednesday as the tariff battle with the United States starts to
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